The global non-corrugated boxes market is on a trajectory of robust growth, according to research by Future Market Insights. In 2022, the market is valued at approximately US$ 56.9 billion, and it is expected to expand significantly with a compound annual growth rate (CAGR) of 7.2%, reaching a substantial valuation of US$ 114.0 billion by 2032.
One notable trend is the preference for non-corrugated boxes with a thickness ranging between 1.5mm to 2.5mm, which is anticipated to account for around 44% of the market value share by the end of 2022. This preference for standard boxes with ideal thickness is expected to drive the sales of such non-corrugated boxes.
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The positive growth experienced in 2021 is expected to continue, fueled by increasing demand from various end-users. The outlook for the non-corrugated boxes market is optimistic, with an absolute incremental growth opportunity of US$ 57.1 billion projected between 2022 and 2032. This growth underscores the vital role of non-corrugated boxes in various industries and their importance in packaging solutions.
Market Overview:
The non-corrugated box is made of a single layer or multiple layers but they are flat. Non-corrugated Boxes or containers are made-up cardboard boxes mainly used for packing of goods. Non-Corrugated manufacturers make smooth use of cardboard by using eye-catching visuals on the packaging to fascinate consumers.
Cardboard boxes have good printing appearance and graphic holding ability. Therefore, companies in order to attract customer group’s manufacturers insert their logo, name of the company and other promotion details on their packaging.
Non-corrugated boxes are the inexpensive form of packaging which reduces the final product price on accounts with packaging which is anticipated to rise in demand for packaging process in food & beverages, medical instruments, household electronic appliances, and various other products.
Non-corrugated boxes are available in many sizes and shapes which are used in packaging for goods like cosmetics, pharmaceuticals and other materials. Non-corrugated boxes are preferred in packaging as they have light-weightiness, high durability, cost effectiveness and recyclability. Non-corrugated boxes are mainly used for packaging the goods.
Market Drivers and Restraints:
The Non-corrugated Boxes Market is expected to witness sustained growth over the forecast period. The growth of the Non-corrugated Boxes market is driven as there is favorable growth in the packaging industry is a major factor which will boost the global non-corrugated boxes market. Increasing economies, the rising population, and the subsequent disposable income of people are the main drivers for augmented opportunities in these countries.
Moreover, rising purchasing power of the consumers is also driving the Non-corrugated Boxes Market. As the increasing packaging production in all the regions around the world is also influencing the demand for Non-corrugated Boxes Market.
The demand for the non-corrugated boxes is rising as the use of the non-corrugated boxes in product packaging and easy transportation of goods in emerging regions and strong presence and growth in retail ready packaging and e-commerce in developed countries.
Major restraint for the Non-corrugated boxes market is sluggish economic and various trade events in numerous nations are predictable to restraint the growth of the non-corrugated boxes market. Furthermore, rising price of non-corrugated boxes is estimated to be another vigorous factor hindering the growth of the non-corrugated boxes market over the projected period.
Key Players
Some of the players operating in the Steering Columns System includes Dongguan Youngsun Paper Co., Ltd., Zhangjiagang Jinggong Packing And Color Printing Co., Ltd., Xiamen Yixin Printing Co., Ltd., Jinan Jinhengyu Printing Co., Ltd. and many other regional players. Manufacturers are investing in R&D and also focusing on different strategies to maintain their market share in the global non-corrugated boxes market.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, type of product and applications.
The report covers exhaust analysis on
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
The regional analysis includes
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia-Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- The Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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Market Segmentation:
Based on the type,
- Plain Non-corrugated Boxes
- Printed Non-corrugated Boxes
Based on the end-use applications,
- Food & Beverage Industry
- Confectionary
- Cereals
- Household electronic appliances
- Ready to consume drinks
- Personal care products
- Household care products
Author:
Ismail Sutaria (Lead Consultant, Packaging and Materials) has over 8 years of experience in market research and consulting in the packaging & materials industry. Ismail’s strength lies in identifying key challenges faced by the client and offering logical and actionable insights to equip the clients with strategic decision-making power.
Ismail has been an instrumental part of several transformational consulting assignments. His key skills include competitive benchmarking, opportunity assessment, macroeconomic analysis, and business transformation advisory. Ismail is an MBA holder in Marketing and has a Bachelor’s Degree in Mathematics.
Ismail is a regular at industry conferences and expos and has been widely covered in electronic and print media. He is a Speaker at our upcoming Talk show – Rise of the Intelligent Packaging. Ismail has been quoted in leading publications, including the European Pharmaceutical Review and the European Adhesive Tape Association.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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