The Corrugated Handle Box Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Corrugated Handle Box Global Market Report 2024, The corrugated handle box market size has grown steadily in recent years. It will grow from $44.62 billion in 2023 to $46.47 billion in 2024 at a compound annual growth rate (CAGR) of 4.2%. The growth in the historic period can be attributed to rapid urbanization, modernization, and globalization, increased environmental awareness, growth of the e-commerce sector,
The corrugated handle box market size is expected to see strong growth in the next few years. It will grow to $58.09 billion in 2028 at a compound annual growth rate (CAGR) of 5.7%. The growth in the forecast period can be attributed to evolving environmental regulations, increasing demand for eco-friendly packaging, rising need for streamlined operations, increasing population, and emerging economy. Major trends in the forecast period include strategic collaborations, geographical expansion, advancements in manufacturing processes, and technological solution
The increase in online shopping will propel the growth of the corrugated handle box market going forward. Online shopping allows consumers to buy goods or services over the Internet using a web browser. Corrugated handle boxes are used by online retailers as storage or transit containers. These boxes can be used for everything from functional to ornamental purposes. For instance, according to the National Association of Securities Dealers Automated Quotations (NASDAQ), an American stock exchange that manages global electronic securities trading, predicted that 95% of all purchases in the UK would be made through online platforms by 2040. Hence, the increase in online shopping is expected to drive the corrugated handle box market growth.
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The corrugated handle box market covered in this report is segmented –
1) By Material: Kraft Paper, Container Board, Corrugated Board, Recycled Paper, Molded Fiber Pulp, Other Materials
2) By Printing Technology: Digital Printing, Flexography Printing, Lithography Printing
3) By End User: Agriculture, Chemicals, Food And Drink, Pharma, Personal Care, Retail, Other End Users
Major companies operating in the corrugated handle box market are focusing on innovating products, such as corrugated cardboard box, to provide a competitive edge in the market. corrugated cardboard box is used as corrugated handle box designed for e-commerce shipments of medical devices. For instance, in April 2022, DS Smith plc, a UK-based Paper mill company launched corrugated cardboard box. Corrugated cardboard box is single-material solution that offers more protection against challenges faced during e-commerce delivery. It is a simpler form of packaging that provides excellent protection for medical devices.
The corrugated handle box market report table of contents includes:
1. Executive Summary
2. Corrugated Handle Box Market Characteristics
3. Corrugated Handle Box Market Trends And Strategies
4. Corrugated Handle Box Market – Macro Economic Scenario
5. Global Corrugated Handle Box Market Size and Growth
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26. South America Corrugated Handle Box Market
27. Brazil Corrugated Handle Box Market
28. Middle East Corrugated Handle Box Market
29. Africa Corrugated Handle Box Market
30. Corrugated Handle Box Market Competitive Landscape And Company Profiles
Top Major Players:
- Reid Packaging
- Allen Field Company Inc
- Unicraft Industries
- Guangzhou Bosing Paper Printing and Packaging Co. Ltd
- GWP Group
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