Market Overview:
The global open top cartons market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for consumer goods, rising e-commerce industry, and growing shipping and storage applications. The without cover open top cartons segment is expected to grow at a higher CAGR than the with cover open top cartons segment during the forecast period. North America is estimated to hold the largest share of the global open top cartons market in 2018, followed by Europe and Asia Pacific. However, Asia Pacific is projected to witness highest growth rate during the forecast period owing to rising demand from countries such as China and India.
Product Definition:
Open top cartons are corrugated shipping containers with an opening on the top for loading and unloading goods. They are used to ship a wide variety of products, including food, clothing, and machinery. The open top allows for easy access to the contents of the carton, which is important for products that need to be inspected or removed from the container frequently.
With Cover Open Top Cartons:
With cover open top cartons, the tops of the boxes are left open and a paper or thin metal foil is placed over the top. The purpose of this packaging is to protect products in transit from any damage that might occur while handling or shipping. It also serves as an ice pack to keep temperature-sensitive products fresh and prevents food items such as meat, poultry, seafood from spoilage due to change in temperature.
Without Cover Open Top Cartons:
The Without Cover Open Top Cartons are used in the Open Top Cartons industry. The WITHOUT COVER open top carton is a complete unit that contains all components required to produce and ship one unit of pharmaceuticals. It consists of a cover, which has score lines or perforations on it so that it can be closed around the product; an inner packaging, which protects the product; and an outer packaging, which seals the entire assembly.
Application Insights:
The global open top cartons market is segmented by application into consumer goods, shipping, storage and others. The shipping segment held the largest share in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to increasing demand for OTTCs from various industries such as food & beverages, pharmaceuticals among others.
Consumer goods are generally shipped using OTTCs as they offer protection against physical damage during transit along with ease of packaging options such as fill levels and box sizes suitable for individual products sold in stores or online.
Regional Analysis:
Asia Pacific dominated the global open top cartons market in 2017. The region is expected to continue its dominance over the forecast period. This can be attributed to growing e-commerce industry, increasing consumer spending on online shopping, and rising investments by foreign companies in China and India for expanding their business operations across these countries.
Europe accounted for a significant share of revenue in 2017 owing to high demand from end-use industries such as food & beverage, pharmaceuticals, cosmetics & personal care products among others. Countries such as Germany are anticipated to drive regional growth through 2024 due to stringent government regulations regarding quality of packaged food coupled with strong distribution channel of manufacturers operating within this region.
North America is projected to grow at a steady rate over the forecast period owing both ends; manufacturing and import/export trade channels need proper infrastructure facilities for effective management of goods which will eventually boost regional growth potentiality through 2030 earlier than other regions globally).
Growth Factors:
- Increasing demand from the food and beverage industry: Open top cartons are extensively used in the food and beverage industry for packing various products such as juices, milk, carbonated drinks, etc. The growing demand for these products is expected to drive the growth of the open top cartons market in the coming years.
- Rising popularity of eco-friendly packaging solutions: Open top cartons are made up of recyclable materials which makes them environment-friendly. This is one of the major factors that is driving their adoption among consumers worldwide.
- Growing trend of convenience packaging: Consumers are increasingly preferring convenience packaging solutions that offer easy handling and portability. Open top cartons fulfil both these requirements and hence are witnessing increasing demand from end-use industries such as retail, foodservice, etcetera .
Scope Of The Report
Report Attributes
Report Details
Report Title
Open Top Cartons Market Research Report
By Type
With Cover Open Top Cartons, Without Cover Open Top Cartons
By Application
Consumer Goods, Shipping, Storage, Others
By Companies
Lazo Paper, B&B Box Company, Packaging Corporation of America, Safeway Packaging, Smurfit Kappa Group, Peek Packaging Solutions, R & R Corrugated Packaging Group, Shillington Box Company, Mil-Spec Packaging
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Open Top Cartons Market Report Segments:
The global Open Top Cartons market is segmented on the basis of:
Types
With Cover Open Top Cartons, Without Cover Open Top Cartons
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Consumer Goods, Shipping, Storage, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Lazo Paper
- B&B Box Company
- Packaging Corporation of America
- Safeway Packaging
- Smurfit Kappa Group
- Peek Packaging Solutions
- R & R Corrugated Packaging Group
- Shillington Box Company
- Mil-Spec Packaging
Highlights of The Open Top Cartons Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- With Cover Open Top Cartons
- Without Cover Open Top Cartons
- By Application:
- Consumer Goods
- Shipping
- Storage
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Open Top Cartons Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Open top cartons are a type of packaging that is designed to allow the product inside to be seen and accessed by consumers. The open top design allows for easy identification of the product and also facilitates quick and easy removal of the product.
Some of the major players in the open top cartons market are Lazo Paper, B&B Box Company, Packaging Corporation of America, Safeway Packaging, Smurfit Kappa Group, Peek Packaging Solutions, R & R Corrugated Packaging Group, Shillington Box Company, Mil-Spec Packaging.
The open top cartons market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Open Top Cartons Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Open Top Cartons Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Open Top Cartons Market - Supply Chain
4.5. Global Open Top Cartons Market Forecast
4.5.1. Open Top Cartons Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Open Top Cartons Market Size (000 Units) and Y-o-Y Growth
4.5.3. Open Top Cartons Market Absolute $ Opportunity
5. Global Open Top Cartons Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Open Top Cartons Market Size and Volume Forecast by Type
5.3.1. With Cover Open Top Cartons
5.3.2. Without Cover Open Top Cartons
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Open Top Cartons Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Open Top Cartons Market Size and Volume Forecast by Application
6.3.1. Consumer Goods
6.3.2. Shipping
6.3.3. Storage
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Open Top Cartons Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Open Top Cartons Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Open Top Cartons Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Open Top Cartons Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Open Top Cartons Demand Share Forecast, 2019-2026
9. North America Open Top Cartons Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Open Top Cartons Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Open Top Cartons Market Size and Volume Forecast by Application
9.4.1. Consumer Goods
9.4.2. Shipping
9.4.3. Storage
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Open Top Cartons Market Size and Volume Forecast by Type
9.7.1. With Cover Open Top Cartons
9.7.2. Without Cover Open Top Cartons
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Open Top Cartons Demand Share Forecast, 2019-2026
10. Latin America Open Top Cartons Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Open Top Cartons Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Open Top Cartons Market Size and Volume Forecast by Application
10.4.1. Consumer Goods
10.4.2. Shipping
10.4.3. Storage
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Open Top Cartons Market Size and Volume Forecast by Type
10.7.1. With Cover Open Top Cartons
10.7.2. Without Cover Open Top Cartons
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Open Top Cartons Demand Share Forecast, 2019-2026
11. Europe Open Top Cartons Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Open Top Cartons Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Open Top Cartons Market Size and Volume Forecast by Application
11.4.1. Consumer Goods
11.4.2. Shipping
11.4.3. Storage
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Open Top Cartons Market Size and Volume Forecast by Type
11.7.1. With Cover Open Top Cartons
11.7.2. Without Cover Open Top Cartons
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Open Top Cartons Demand Share, 2019-2026
12. Asia Pacific Open Top Cartons Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Open Top Cartons Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Open Top Cartons Market Size and Volume Forecast by Application
12.4.1. Consumer Goods
12.4.2. Shipping
12.4.3. Storage
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Open Top Cartons Market Size and Volume Forecast by Type
12.7.1. With Cover Open Top Cartons
12.7.2. Without Cover Open Top Cartons
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Open Top Cartons Demand Share, 2019-2026
13. Middle East & Africa Open Top Cartons Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Open Top Cartons Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Open Top Cartons Market Size and Volume Forecast by Application
13.4.1. Consumer Goods
13.4.2. Shipping
13.4.3. Storage
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Open Top Cartons Market Size and Volume Forecast by Type
13.7.1. With Cover Open Top Cartons
13.7.2. Without Cover Open Top Cartons
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Open Top Cartons Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Open Top Cartons Market: Market Share Analysis
14.2. Open Top Cartons Distributors and Customers
14.3. Open Top Cartons Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Lazo Paper
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. B&B Box Company
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Packaging Corporation of America
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Safeway Packaging
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Smurfit Kappa Group
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Peek Packaging Solutions
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. R & R Corrugated Packaging Group
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Shillington Box Company
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Mil-Spec Packaging
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook