NEWARK, Del, June 30, 2022 (GLOBE NEWSWIRE) — The global custom packaging boxes market is expected to reach a valuation of US$ 5.7 Bn in 2022, finds Future Market Insights (FMI) in a recent market analysis. With demand growing at a 4.7% CAGR over the assessment period, with the market valuation reaching US$9 Bn by 2032.
Custom packaging boxes are attractive and help in making a positive first impression on consumers. Consumers nowadays are paying more attention to the packaging of products. Products in custom packaging boxes are displayed on the shelf by keeping the lid open, next to the item face down which also helps in displaying the brand logo.
The items such as jewelry, mobile phones, perfumes, and others are displayed in custom packaging boxes with the lid open. The presentation helps in creating the emotional bond between the customer and the product, which drives the demand for custom packaging boxes. Also, printing is possible on these boxes which helps the brands to display their logo along with required product information.
Besides this, brands can design their packaging for the product as per product size and need which helps in offering attractive as well as protective packaging. Backed by the aforementioned factors, demand for custom packaging boxes is expected to increase over the forecast period.
“Increasing adoption of custom mailer boxes for shipping of luxury goods, along with growing focus on sustainable packaging solutions will augment the growth in the market over the assessment period,” says an FMI analyst.
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- Based on materials, the paper & paperboard segment is estimated to hold around 51% of the total market share by 2032.
- In terms of end use, demand in the consumer goods segment is anticipated to increase at a CAGR of 5.3% during 2022-32.
- The inserts segment will account for approximately 23dr of the total market share in 2022.
- Total sales in the Germany custom packaging boxes will reach a valuation of US$481.5 Mn by 2032.
- The India custom packaging boxes market will create an incremental opportunity of US$219.1 Mn over the forecast period.
Key custom packaging boxes manufacturers are Smurfit Kappa Group plc, DS Smith plc, WestRock Company, Graphic Packaging International, LLC, Stora Enso Oyj, Interpak Holding BV, and Mayr-Melnhof Karton AG. Also, some of the noticeable players operating in the custom packaging boxes market include Robinson plc, Metsa Board Oyj, McLaren Packaging Ltd., Valtenna srl, and Polmac (UK) Ltd. The players operating in the tier 1 hold around 10-15% of the global custom packaging boxes market.
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Custom Packaging Boxes Market Report
Future Market Insights, in its new report, offers an unbiased analysis of the global custom packaging boxes market, analyzing historical demand from 2015-2021 and forecast statistics for 2022-2032. The study reveals market growth projections on the custom packaging boxes based on the material (paper & paperboard, plastic, metal, and wood), inserts 9with inserts and without inserts), end use (consumer goods, electrical and electronics, cosmetic & personal care , fashion accessories & apparels, healthcare, and food and beverage) across seven regions.
About the Packaging Division at Future Market Insights
The packaging division at Future Market Insights provides an in-depth historical analysis and projections for the next ten years and covers the competitive landscape through a unique dashboard view. Ranging from packaging materials, packaging machinery to packaging designs & formats, Future Market Insights has an exhaustive database for these industry verticals, serving clients with unique research offerings and strategic recommendations. With a repository of 1,000+ reports, the team has analyzed the packaging industry comprehensively in 50+ countries. The team evaluates every node of the value chain and provides end-to-end research and consulting services; reach out to explore how we can help.
Key Market Segments Covered in Custom Packaging Boxes Market Industry Research
- Paper & Paperboard
- With Inserts
- without inserts
By End Use:
- Consumer Goods
- Electrical and Electronics
- Cosmetic & Personal Care
- Fashion Accessories & Apparels
- Food and Beverage
- North America
- Latin America
- Middle East and Africa
- East Asia
- South Asia
Table of Contents
1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Technology Roadmap
1.5. Analysis and Recommendations
Check Report for detailed TCO…
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Have a Look at Related Research Reports of Packaging Domain:
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Logistics Packaging Market: The global logistics packaging market size is estimated to be valued at US$ 25,643.3 Mn in 2022, and is anticipated to surpass US$ 40,205.9 Mn by 2032, with a CAGR of 4.6% during the forecast period (2022-2032) .
Hot Fill Packaging Market: The global hot fill packaging market is anticipated to secure a market value of US$ 82 Million by 2032. The projected growth rate is 4.5% during the forecast period from 2022 to 2032.
Fruit Punnet Market: The fruit punnets market is likely to register a CAGR of 4.9% during the forecast period, and is anticipated to reach a market share of US$ 1.69 Billion in 2032, from US$ 1 Billion in 2022.
4-wheeled Containers Market: The 4-wheeled containers market is likely to record a strong CAGR of 4% during the forecast period. The 4-wheeled containers market is currently valued at US$10 Bn in 2022 and is likely to reach US$15 Bn by 2032.
Stand-up Zipper Pouches Market: The standup zipper pouches market is likely to record an average CAGR of 5% during the forecast period. The standup zipper pouches market is currently valued at US$2.2 Bn in 2022 and is likely to reach US$3.76 Bn by 2032.
Carbonless Paper Market: The carbonless paper market is expected to strengthen its hold and thrive at a moderate CAGR of 6.7% during the forecast period (2022-2032). The global market holds an estimated revenue of US$4.29 Bn in 2022 and is likely to cross US$7.69 Bn by the end of 2032.
Plastic Cutlery Market: The plastic cutlery market is projected to register a CAGR of 4% during the forecast period, up from US$ 1.6 Bn in 2021 to reach a valuation of US$ 2.47 Bn by 2032.
Download free copy of FMI’s white paper on ‘Intelligent Packaging for Circular Economy’ in collaboration with Graham Packaging and Avery Dennison
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