According to a recent market analysis by Future Market Insights (FMI), the global bespoke packaging boxes market was valued at US$5.7 billion in 2022. It is predicted that the demand for these custom boxes will experience a Compound Annual Growth Rate (CAGR) of 4.7% during the assessment period, leading to a market value of US$9 billion by 2032.
Bespoke packaging boxes are designed to offer unique and attractive packaging solutions for a variety of products. They play a vital role in making a positive first impression on customers. In today’s market, consumers are increasingly conscious of product packaging and its influence on their purchasing decisions. Custom boxes are often presented with the lid open next to the product, featuring the brand logo and enhancing brand visibility.
These custom packaging boxes are commonly used for showcasing items such as jewelry, cell phones, fragrances, and other products. The open lid display adds an element of allure and allows customers to visually engage with the product. The demand for custom packaging boxes is driven by their ability to create an emotional connection between customers and the product. Moreover, these boxes can be printed with the company’s logo and relevant product details, enabling businesses to effectively promote their brand identity.
Furthermore, manufacturers can create packaging for a product based on its specific needs and size, providing both visually appealing and protective packaging. These factors are expected to contribute to the increasing demand for custom packaging boxes over the forecast period.
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“Increasing adoption of custom mailer boxes for shipping of luxury goods, along with growing focus on sustainable packaging solutions will augment the growth in the market over the assessment period,” says an FMI analyst.
Key Takeaways:
- Based on materials, the paper & paperboard segment is estimated to hold around 51% of the total market share by 2032.
- In terms of end use, demand in the consumer goods segment is anticipated to increase at a CAGR of 5.3% during 2022-32.
- The inserts segment will account for approximately 2/3rd of the total market share in 2022.
- Total sales in the Germany custom packaging boxes will reach a valuation of US$ 481.5 Mn by 2032.
- The India custom packaging boxes market will create an incremental opportunity of US$ 219.1 Mn over the forecast period.
Competition Landscape
Key custom packaging boxes manufacturers are Smurfit Kappa Group plc, DS Smith plc, WestRock Company, Graphic Packaging International, LLC, Stora Enso Oyj, Interpak Holding B.V., and Mayr-Melnhof Karton AG. Also, some of the noticeable players operating in the custom packaging boxes market include Robinson plc, Metsa Board Oyj, McLaren Packaging Ltd., Valtenna srl, and Polmac (UK) Ltd. The players operating in the tier 1 hold around 10-15% of the global custom packaging boxes market.
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Custom Packaging Boxes Market Report
Future Market Insights, in its new report, offers an unbiased analysis of the global custom packaging boxes market, analyzing historical demand from 2015-2021 and forecast statistics for 2022-2032. The study reveals market growth projections on the custom packaging boxes based on the material (paper & paperboard, plastic, metal, and wood), inserts 9with inserts and without inserts), end use (consumer goods, electrical and electronics, cosmetic & personal care, fashion accessories & apparels, healthcare, and food and beverage) across seven regions.
Custom Packaging Boxes Market by Category
By Material:
- Paper & Paperboard
- Plastic
- Metal
- Glass
By Inserts:
- With Inserts
- Without Inserts
By End Use:
- Consumer Goods
- Electrical and Electronics
- Cosmetic & Personal Care
- Fashion Accessories & Apparels
- Healthcare
- Food and Beverage
By Region:
- North America
- Latin America
- Europe
- Middle East and Africa
- East Asia
- South Asia
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About FMI
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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