The global non-corrugated boxes market is projected to experience substantial growth during the forecast period, with a valuation of US$ 56.9 billion in 2022, expected to reach US$ 114.0 billion by 2032 at a CAGR of 7.2%.
The sales of non-corrugated boxes are anticipated to be driven by the top 5 companies holding a significant market share by the end of 2022. The thickness segment between 1.5mm to 2.5mm is projected to account for approximately 44% of the market value share in 2022, as the preference for standard boxes with ideal thicknesses increases.
The COVID-19 pandemic has significantly impacted the food service industry, leading to a surge in demand for non-corrugated boxes. The changing consumer habits and increased consumption of packed food have created growth opportunities for the market.
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The convenience and portability of non-corrugated boxes make them ideal for quick meals and immediate consumption. Moreover, their sturdy and protective nature ensures the safety of products, making them suitable for various end-use industries and luxury brands.
Key Takeaways:
- The global non-corrugated boxes market is projected to reach US$ 114.0 billion by 2032, growing at a CAGR of 7.2% during the forecast period.
- The top 5 companies are expected to hold a significant market share by the end of 2022.
- Non-corrugated boxes with thicknesses between 1.5mm to 2.5mm are projected to account for approximately 44% of the market value share in 2022.
- The increased demand for convenient and disposable packaging, driven by changing consumer tastes, has boosted the sales of non-corrugated boxes.
- The robust and protective nature of non-corrugated boxes makes them suitable for various industries, offering reliable packaging for fragile and expensive products.
- Caraustar Industries Inc.
- DS Smith Plc
- Georgia-Pacific Corporation
- International Paper
- Klabin SA
- Clearwater Paper Corporation
- Graphic Packaging Holding Company
- WestRock
- Smurfit Kappa Group
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Non-corrugated Boxes Market by Category
By Material, Non-corrugated Boxes Market is Segmented as:
- Hinged lid Box
- Telescopic Box
- Shoulder Neck Box
- Collapsible Box
- Others (Rigid Sleeve Box, etc.)
By Thickness, Non-corrugated Boxes Market is Segmented as:
- Thickness up to 1.5 mm
- Thickness between 1.5mm to 2.5mm
- Thickness above 2.5mm
By End Users, Non-corrugated Boxes Market is Segmented as:
- Food & Beverages
- Fashion Accessories & Apparel
- Cosmetic & Personal Health Care
- Consumer Electronics
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