Corrugated Box Market in US Size to grow by USD 1207.3 million between 2024-2028
According to a research report “ Corrugated Box Market in US” by End-user (Food and beverage products, Non-durable products, Durables and others) Material (Virgin corrugates, Recycled corrugates) Geography (North America)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 1207.3 million, at a CAGR of almost 2.21% during the forecast period. The corrugated box market in the US is characterized by intense competition, leading manufacturers to pursue inorganic growth strategies such as acquisitions, mergers, and partnerships. These strategic moves enable market participants to expand their operations, incorporate advanced technologies, and innovate more effectively. The resulting consolidation trend in the industry drives increased production capacity and efficiency, as larger vendors absorb smaller players or form strategic alliances. Through these transactions, companies can upgrade their outdated technology and processes, ultimately enhancing their competitive edge in the corrugated box market.
Browse market data tables, figures, and in-depth TOC on “Corrugated Box Market in US” by End-user (Food and beverage products, Non-durable products, Durables and others) Material (Virgin corrugates, Recycled corrugates) Geography (North America) Global Forecast to 2028. Download Free Sample
By End-user, the Food and beverage products segment is projected to dominate the market size in 2024
In the US corrugated box market, virgin corrugates hold a significant position due to their superior strength and durability. Manufactured using raw materials for the first time, virgin corrugates, unlike their recycled counterparts, offer longer and stronger fibers. This makes them an ideal choice for heavy-duty products and transit journeys with potential turbulence. Moreover, virgin corrugates provide enhanced protection for goods stored in humid conditions. Consequently, the demand for virgin corrugated boxes in the US is anticipated to grow steadily during the forecast period. However, it is essential to acknowledge that the production of virgin corrugates necessitates a higher degree of deforestation.
By Material, Virgin corrugates segment is expected to hold the largest market size for the year 2024
The corrugated box market in the US food and beverage sector is poised for continuous expansion due to the country's advanced economy and high consumer disposable income. This market segment accounts for over half of the overall corrugated box demand in the US. The preference for processed and ready-to-eat food items has intensified, leading to increased packaging requirements. Furthermore, manufacturers leverage corrugated display boxes as an impactful marketing tool to showcase their food and beverage products, thereby fueling market growth.
North America is forecasted to hold the largest market size by region in 2024
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The Corrugated Box Market in US growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:
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Research Analysis Overview
The corrugated box market in the US is thriving due to the growing demand for durable, lightweight, and eco-friendly packaging solutions. These boxes, made from corrugated paper, are ideal for protecting and transporting various consumer goods, including electronics and other fragile items. The use of graphics, text, and designs on corrugated boxes has become increasingly popular among online buyers, who value the branding opportunities these packages provide. The corrugated box market caters to various industries, including e-commerce retail sales, consumer goods, and the electronic industry. The raw materials used in producing corrugated boxes are primarily sourced from the paper industry and, to a lesser extent, the aluminum industry. The boxes come in various sizes and colors, making them a versatile packaging solution. Packaging solution manufacturers are constantly innovating to meet the evolving needs of businesses. They are incorporating graphic design and online shopping trends into their offerings, creating customized and eye-catching packaging solutions. The use of eco-friendly materials and a sustainable approach is also gaining popularity, making corrugated boxes an attractive alternative to disposable containers. Overall, the corrugated box market in the US is expected to continue growing as businesses seek reliable and cost-effective packaging solutions for their products.
Market Research Overview
The corrugated box market in the US is a significant sector in the packaging industry, with a focus on sustainable packaging materials. Both virgin corrugates and recycled corrugates are popular choices, offering waste reduction and eco-friendliness. Sustainable products, such as biodegradable and recyclable corrugated boxes, are gaining consumer preference, particularly in the food & beverages segment, where fresh food protection and bacterial infection prevention are crucial. The market caters to various industries, including the military, consumer goods, electronics, e-commerce, and personal care sectors. Innovative packaging materials, such as insulation and moisture-resistant options, are essential for protecting sensitive items. Manufacturing methods, including digital printing, lithography, and flexography, offer customizable designs, graphics, text, and colors. The versatility of corrugated boxes makes them suitable for various sizes and industries, from disposable containers for chemicals to rigid boxes for glassware and ceramics. The environmental impact of CO2 emissions, forests, and raw materials is a concern, leading to the development of eco-friendly and cost-effective solutions. The market also offers a range of packaging solutions for online businesses, ensuring secure and safe transportation of goods. Innovations in the corrugated box market include the use of non-biodegradable and biodegradable materials, insulation, and protection from shock and moisture. The market caters to diverse industries, offering a sustainable approach to packaging while minimizing environmental impacts, energy consumption, and greenhouse gas emissions.
Contacts
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/
