Latest News- Corrugated Box Market in US: Food and beverage products is expected to lead the End-user segment during 2024-2028

The Corrugated Box Market in US is being driven by Increased market consolidation

The Corrugated Box Market in US is expected to grow at a CAGR of 2.21% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 1207.3 million. In the dynamic business landscape of the US corrugated box market, the significance of visually appealing packaging cannot be overstated. Printing on corrugated boxes enhances a product's brand value by captivating customers at the point-of-purchase. Advanced printing techniques, such as flexography and lithography, enable the creation of photorealistic images, adding an element of sophistication to premium consumer products like cosmetics and household items. Flexographic printing, known for its cost-effectiveness, and digital printing, popular for its versatility, are the preferred choices for vendors seeking to cater to the increasing demand for premium packaging. The use of expensive ingredients, technologies, colors, and raw materials in the development of these advanced packs underscores the importance of investing in high-quality printing processes. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• End-user
  • Food and beverage products
  • Non-durable products
  • Durables and others
• Material
  • Virgin corrugates
  • Recycled corrugates
• Geography
  • US

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Increased market consolidation
• Growing demand for e-commerce
• Growth of retail-ready packaging

However, the market also witnesses some limitations, which are as follows:

• Impact of just-in-time inventory model
• Competition from other forms of packaging and limited scope of innovation
• Rise in cost of raw materials

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Market Scope in Corrugated Box Market in US Research Report

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Research Analysis Overview

The Corrugated Box Market in the US utilizes various aspects such as flute corrugation and board caliper in manufacturing. Linerboard properties, printing inks, and coating application are integral to box design, ensuring structural integrity and packaging performance. Lamination processes, converting machinery, and automation systems enhance production efficiency. Factors like material costs, recycling rates, and environmental impact influence market trends. Fiber content, water resistance, and ink durability impact box quality. Manufacturing processes, logistic optimization, and supply chain visibility are crucial for distribution efficiency. Product safety, regulatory compliance, and distribution efficiency are key considerations for shipping damage prevention. Quality control metrics, inventory control, warehouse layout, and distribution efficiency further optimize operations.

Market Research Overview

In the corrugated box market of the US, the supply chain is intricately layered, encompassing various stakeholders. Raw material suppliers, including those providing corrugated board materials such as Kraft, linerboard, and test liner, and metal container raw materials like aluminum, steel, and tin, play a pivotal role. The research and development phase involves the creation of innovative flute types, corrugated board grades, and packaging designs using advanced software. Manufacturing entails large-scale production to meet market demand, while compression strength, edge crush tests, and burst strength testing ensure product durability and reliability. The distribution network extends to various channels, reaching end-users efficiently.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/