Market Overview:
The global packing box 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 packaging solutions from various end-use industries, such as food and beverage, pharmaceuticals, cosmetics, and others. In addition, the growing trend of online shopping is also fueling the demand for packing boxes in order to protect goods during transit. Based on type, the global packing box market can be segmented into carton boxes, tin boxes, wooden boxes cloth boxes,, and others. Carton boxes are expected to account for a major share of the global market due to their low cost and durability. Based on application,, food packaging accounted for a major share of th eglobal market in 2017 owingto th egrowing demandfor packaged foods acrossthe globe . The goods packaging segment is projectedtogrow ata higherCAGRduringthe forecastperioddue t oth egrowing popularityof online shopping .
Product Definition:
A packing box is a sturdy cardboard or plastic box used to pack and ship items. The importance of packing boxes is that they provide protection for the items inside during transit.
Carton:
Carton is a container that is used to pack various products such as food, consumer goods and pharmaceuticals. It has a high surface-to-volume ratio which helps in easy transportation of the packed product. The global carton industry was estimated at USD 85 billion in 2015 and it is expected to grow at an approximate CAGR of XX% from 2016 to 2024.
Tin Box:
The tin box is a small metal or wooden container, which is used to hold different types of products such as food, cosmetics and medicines among others. The product has high demand in the packaging industry owing to its properties such as lightweight, non-permeability and recyclability. These factors make it an ideal packing material for the pharmaceutical industry.
Application Insights:
The food packaging segment led the global packing box market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for fruits, vegetables, meat and seafood products among other foods from domestic as well as international consumers.
The goods packaging segment accounted for more than 25% share of the global revenue in 2017 owing to rising demand from various industries including automotive, retail and e-commerce etc. Rising consumer disposable income levels coupled with increasing spending on luxury goods has resulted in increased use of wooden boxes for good packaging applications across various industries worldwide since past few years.
Regional Analysis:
Asia Pacific was the leading regional market in 2017 and is anticipated to continue its dominance over the forecast period. The region accounts for a major share of global population and GDP, which makes it a key economic zone for international trade activities. Growing e-commerce industry has also fueled demand for packing boxes in this region. Increasing number of manufacturers shifting their production base to emerging economies such as China, India, Thailand, Indonesia and Vietnam is expected to create growth opportunities in Asia Pacific during the forecast period.
North America accounted for more than 20% revenue share owing to high consumption coupled with rising exports from U.S.
Growth Factors:
- Increasing demand for packaged food products: The global packaged food market is projected to grow at a CAGR of 5.4% from 2016 to 2021. This growth can be attributed to the increasing urbanization and changing lifestyles, which have led to an increase in the demand for convenience foods.
- Rising disposable income: The rise in disposable income has led to an increase in consumer spending on discretionary items, including packaged foods.
- Growing e-commerce industry: The e-commerce industry is growing rapidly, with a CAGR of around 20% between 2013 and 2018*. This is leading to an increased demand for packing boxes as they are used extensively in the packaging of goods sold online.
- Stringent regulations on food packaging: Governments across the world are implementing stringent regulations on food packaging with the aim of protecting consumers from harmful chemicals and contaminants present in some types of packaging materials such as plastics and aluminum foil laminates .This is driving manufacturers towards using environmentally friendly materials such as paperboard for packing boxes, thereby boosting market growth . 5) Technological advancements: Packing box manufacturers are increasingly adopting innovative technologies such as digital printing and corrugated printing that help reduce wastage during production and improve product quality
Scope Of The Report
Report Attributes
Report Details
Report Title
Packing Box Market Research Report
By Type
Carton, Tin Box, Wooden Box, Cloth Box, Others
By Application
Food Packaging, Goods Packaging, Others
By Companies
Uline, Davpack, Big Yellow Self Storage, U-Pack, The Moving Box Company, Fort Knox, Junren Packing, Lukka Pack, Shenzhen Lvyuan, Tengtu Packaging, Shanghai Qinling
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
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Packing Box Market Report Segments:
The global Packing Box market is segmented on the basis of:
Types
Carton, Tin Box, Wooden Box, Cloth Box, Others
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
Food Packaging, Goods Packaging, 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:
- Uline
- Davpack
- Big Yellow Self Storage
- U-Pack
- The Moving Box Company
- Fort Knox
- Junren Packing
- Lukka Pack
- Shenzhen Lvyuan
- Tengtu Packaging
- Shanghai Qinling
Highlights of The Packing Box 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:
- Carton
- Tin Box
- Wooden Box
- Cloth Box
- Others
- By Application:
- Food Packaging
- Goods Packaging
- 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 Packing Box 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
A packing box is a container that is used to pack items for shipment.
Some of the key players operating in the packing box market are Uline, Davpack, Big Yellow Self Storage, U-Pack, The Moving Box Company, Fort Knox, Junren Packing, Lukka Pack, Shenzhen Lvyuan, Tengtu Packaging, Shanghai Qinling.
The packing box market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Packing Box 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. Packing Box Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Packing Box Market - Supply Chain
4.5. Global Packing Box Market Forecast
4.5.1. Packing Box Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Packing Box Market Size (000 Units) and Y-o-Y Growth
4.5.3. Packing Box Market Absolute $ Opportunity
5. Global Packing Box 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. Packing Box Market Size and Volume Forecast by Type
5.3.1. Carton
5.3.2. Tin Box
5.3.3. Wooden Box
5.3.4. Cloth Box
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Packing Box 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. Packing Box Market Size and Volume Forecast by Application
6.3.1. Food Packaging
6.3.2. Goods Packaging
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Packing Box 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. Packing Box 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 Packing Box 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. Packing Box 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 Packing Box Demand Share Forecast, 2019-2026
9. North America Packing Box 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 Packing Box 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 Packing Box Market Size and Volume Forecast by Application
9.4.1. Food Packaging
9.4.2. Goods Packaging
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Packing Box Market Size and Volume Forecast by Type
9.7.1. Carton
9.7.2. Tin Box
9.7.3. Wooden Box
9.7.4. Cloth Box
9.7.5. Others
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 Packing Box Demand Share Forecast, 2019-2026
10. Latin America Packing Box 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 Packing Box 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 Packing Box Market Size and Volume Forecast by Application
10.4.1. Food Packaging
10.4.2. Goods Packaging
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Packing Box Market Size and Volume Forecast by Type
10.7.1. Carton
10.7.2. Tin Box
10.7.3. Wooden Box
10.7.4. Cloth Box
10.7.5. Others
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 Packing Box Demand Share Forecast, 2019-2026
11. Europe Packing Box 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 Packing Box 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 Packing Box Market Size and Volume Forecast by Application
11.4.1. Food Packaging
11.4.2. Goods Packaging
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Packing Box Market Size and Volume Forecast by Type
11.7.1. Carton
11.7.2. Tin Box
11.7.3. Wooden Box
11.7.4. Cloth Box
11.7.5. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growt 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 Packing Box Demand Share, 2019-2026
12. Asia Pacific Packing Box 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 Packing Box 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 Packing Box Market Size and Volume Forecast by Application
12.4.1. Food Packaging
12.4.2. Goods Packaging
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Packing Box Market Size and Volume Forecast by Type
12.7.1. Carton
12.7.2. Tin Box
12.7.3. Wooden Box
12.7.4. Cloth Box
12.7.5. Others
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 Packing Box Demand Share, 2019-2026
13. Middle East & Africa Packing Box 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 Packing Box 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 Packing Box Market Size and Volume Forecast by Application
13.4.1. Food Packaging
13.4.2. Goods Packaging
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Packing Box Market Size and Volume Forecast by Type
13.7.1. Carton
13.7.2. Tin Box
13.7.3. Wooden Box
13.7.4. Cloth Box
13.7.5. Others
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 Packing Box Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Packing Box Market: Market Share Analysis
14.2. Packing Box Distributors and Customers
14.3. Packing Box Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Uline
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Davpack
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Big Yellow Self Storage
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. U-Pack
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. The Moving Box Company
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Fort Knox
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Junren Packing
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Lukka Pack
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Shenzhen Lvyuan
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Tengtu Packaging
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Shanghai Qinling
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
