Corrugated Handle Box Market Global Trends, Key Vendors, Drivers, Profits & Analysis, Forecast to 2030

0
0

Corrugated Handle Box Market Analysis

Market Research Future (MRFR) predicts the global corrugated handle box market to register a CAGR of around 4.82% from 2020 to 2027 (forecast period).

The corrugated handle box can easily carry heavy loads of products and is also low in weight and inexpensive compared to other packaging solutions. This box, which is usually made of plastic, has an integrated handle for easy portability. The corrugated handle box is extremely durable and can be printed to improve its appearance and usefulness. This box protects the product and requires an inner cushioning part, such as edge protectors and corrugated inserts, to ensure the protection of fragile products. The corrugated handle box has suitable designs and sizes to prevent spillage and waste of stored products. This box is commonly used in the food industry, consumer goods, cosmetics and personal care, and product shipping. Manufacturers are choosing sustainable materials over plastics to create eco-friendly corrugated handle boxes because plastics contribute to landfill issues.

The expanding e-commerce industry is a major driving force in the global corrugated handle box market. Corrugated boxes are mostly used for the proper handling and transportation of goods. The primary concern of an online retailer is product safety. As a result, they prefer corrugated handle boxes for secondary packaging of products.

Moreover, the increasing number of food franchises, the urban population’s preference for takeaway food consumption, and the expanding retail industry are some of the factors driving demand for corrugated handle boxes and thus driving the global market’s growth.

Get Free Sample PDF Brochure:

https://www.marketresearchfuture.com/sample_request/8696

COVID-19 Impact on the Global Corrugated Handle Box Market 

The introduction of a number of regulations by governments around the world to deal with the COVID-19 pandemic, such as a complete shutdown of manufacturing units, is expected to have an impact on the growth of the global corrugated handle box industry.

Market Segmentation

The global corrugated handle box industry has been segmented based on material, application, and end-user. 

Based on material, the global corrugated handle box market has been segmented into kraft paper, containerboard, corrugated board, recycled paper, molded fiber pulp, and others. The corrugated board segment holds the biggest market share in the global corrugated handle box market and is anticipated to display the highest growth rate in the assessment period. Higher demand for corrugated board due to the growing applications of the product in the retail and food & beverage sectors as it is mostly used in secondary packaging for transportation of goods.

By capacity, the global corrugated handle box market has been segmented into 0–5 KG, 5–25 KG, 25–50 KG, and above 50 KG. The 5–25 KG corrugated handle boxes held the largest market share as they are used as secondary packaging in the retail and food & beverage industries. 

By end-user, the global corrugated handle box market has been segmented into agriculture, personal care, chemical industry, food and beverages, pharmaceuticals, retail industry, and others. The food and beverages segment captures the largest market share in the global corrugated handle box market, as these boxes are frequently used in the secondary packaging for transportation of food items.

Browse In-depth Market Research Report (107 pages) on Corrugated Handle Box:

https://www.marketresearchfuture.com/reports/corrugated-handle-box-market-8696

Regional Analysis

By region, the global corrugated handle box market has been segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South America.

The Asia Pacific dominated the global corrugated handle box market in 2018, followed by North America and Europe; this domination is projected to last until 2025. One of the major factors expected to drive demand for corrugated handle boxes in the area during the forecast period is the increasing e-commerce market, as well as the retail industry, primarily in countries such as China and India.

The corrugated box market in North America is expected to rise significantly. The involvement of tier 1 corrugated handle box manufacturers such as Reid Packaging (US), Allen Field Company, Inc. (US), Planet Paper Box GROUP Inc. (Canada), and Riverside Paper Co., Inc. benefits the area (the US). These market participants are aggressively fortifying their market positions through strategic alliances in order to extend their global reach and create new packaging solutions for their customers. The United States is predicted to retain the lion’s share of the North American market and be the region’s fastest-growing market.

Competitive Landscape 

The global corrugated handle box market is highly competitive, with a large number of players present all over the world. The players are expected to follow a range of strategies in order to expand their global reach and market share. Some of the main strategies employed by the players include a greater emphasis on delivering high-quality goods, cost-effectiveness, expansions, and strategic alliances and collaborations with manufacturing firms.

Share Your Queries:

https://www.marketresearchfuture.com/enquiry/8696

Key Players

Notable players in the global corrugated handle box market are Reid Packaging (US), Guangzhou Bosing Paper Printing and packaging Co., Ltd (China), Unicraft (India), GWP Group (United Kingdom), WH Skinner (UK), Allen Field Company, Inc. (US), Shanghai Forests Packaging Group Co., Ltd (China), CBS Packaging (United Kingdom), Planet Paper Box GROUP Inc. (Canada), and Riverside Paper Co., Inc. (US).

Summary

The global corrugated handle box market is anticipated to register a CAGR of around 4.82% from 2020 to 2027 (forecast period). The corrugated handle box industry is being driven by the burgeoning retail and food industries. Consumers’ on-the-go lifestyles, which result in increased food deliveries, are propelling the market for corrugated handle boxes. Corrugated handle box demand is increasing due to growing e-commerce and the need for a sustainable packaging solution. Manufacturers are concentrating on the creation of recyclable and biodegradable solutions that can mitigate the negative effects of plastic, which can fuel demand for corrugated handle boxes. These boxes are often made of paper pulp, which is an inexpensive source of material that lowers the cost of the product, enticing customers to buy it.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact:

Market Research Future®

99 Hudson Street,5Th Floor

New York, New York 10013

United States of America

Phone:

+1 628 258 0071(US) 

+44 2035 002 764(UK)

Email: sales@marketresearchfuture.com

Website: https://www.marketresearchfuture.com

Showing 1 result
Your Answer

Please first to submit.

Get involved

Register

As a member of this site you will be able to receive aggregates news relating only to those categories that are most relevant to you, submit job listings for FREE, post questions in the Q&A, and more.

Register Now

Feature your company

The Feature Your Company listing is your custom-made (by us) profile page that allows you to add any of the following content: text, videos, links, images. The page will also be listed on the Featured Company landing page. Over 560 unique aggregates users visit the site per day! Complete the enquiry form now to contact us.

Contact us

Jobs

Are you looking for an aggregate related job? Click here to see our jobs listing supplied by industry experts United Employment.

See Jobs

Advertise

Reach thousands of budget holders and decision makers by promoting your company on the longest established aggregate website in the US & Canada. Or advertise in our emails which are sent to opted-in subscribers according to their chosen categories. All advertising will display correctly on tablets and mobiles as this site is responsive.