According to the information provided, the printed box market is expected to surpass US$ 20.4 billion by the end of 2022, and it is projected to grow at a 4.8% compound annual growth rate (CAGR) between 2022 and 2032. Printed boxes are made from various materials such as plastic, paper, metal, and wood.
Among these materials, paper is anticipated to be the preferred choice for boxes due to its environmental friendliness compared to plastic. Manufacturers are increasingly favoring recycled materials over new ones, reflecting their acceptance of eco-friendly materials.
Printed boxes come in different varieties, including slotted boxes, folder boxes, telescoping boxes, die-cut boxes, hinged boxes, and shoulder neck boxes. Manufacturers use a range of printed boxes based on their specific requirements to enhance product sales. The price of printed boxes can vary due to the significant investment required for their production, and as printing innovations improve, equipment setup costs also improve.
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Printed boxes find applications in numerous industries, including food and beverage, home care, personal care and cosmetics, automobiles, building and construction, fashion, clothing, and accessories. However, the demand for printed boxes in the food and beverage industry is expected to increase due to the growing consumption of packaged foods. Manufacturers are leveraging effective packaging techniques to attract customers, as people are more inclined to choose food and beverages that are packaged attractively.
Overall, the printed box market is set to witness growth driven by factors such as the preference for eco-friendly materials, the diverse range of box varieties available, and the increasing demand for packaged foods in the food and beverage industry.
Key Takeaways from Global Printed Boxes Market
- In terms of material, the demand for paper plastic printed box is anticipated to increase at a CAGR of 5.2% between 2022 and 2032.
- Sales of paper printed boxes segment is expected to increase 1.7 times of the current market sales, by the end of 2032.
- As per end use industry, food & beverages industry is predicted to account for significant share in the forecast period due to preference for packed and ready to use food items.
- India is expected to dominate the South Asia market on the back of growing application in food & beverage industry
- East Asia is expected to be the most remunerative region in the global printed boxes market through 2022 & beyond.
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“Printed boxes are made from biodegradable material and are also durable. Hence, key players are using these boxes to reduce the negative impact of plastic on environment. As these boxes are recyclable and sustainable, demand for printed boxes is expected to witness tailwinds in the upcoming decade” – comments FMI analyst
Global Printed Boxes Market Landscape
Accurate Box Company, Inc., New Box SpA, Printex Transparent Packaging, Tin King USA, Custom Packaging Boxes, The BoxMaker, CBS Packaging Group, ThecustomeBoxes, Packaging Corporation of America, THN cardboard box, Netbox PL Sp. o.o., Packlane, Inc., CompanyBox, LLC., Glenmore Custom Print + Packaging, AXIS Corrugated Container.
Global Printed Boxes Market by Category
By Material:
- Plastic
- Paper
- Metal
- Wood
By Product Type:
- Slotted Box
- Folder Box
- Telescopic Box
- Die Cut Box
- Hinged Box
- Shoulder Neck Box
By End Use:
- Food & Beverages
- Homecare
- Personal Care & Cosmetics
- Pharmaceuticals
- Automotive
- Building & Construction
- Fashion, Apparel, and Accessories
By Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Middle East & Africa
- Oceania
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