The Custom Packaging Boxes Market is undergoing dynamic growth, poised to achieve substantial milestones. With a projected valuation of US$ 5.7 billion in 2022 and an anticipated Compound Annual Growth Rate (CAGR) of 4.7% through the forecast period, the market is set to ascend to US$ 9.0 billion by 2032. The dominance of the paper & paperboard segment is evident, attributed to its eco-friendly nature, and is estimated to reach US$ 3.0 billion by 2032.
The demand surge for visually appealing and sustainable packaging solutions, driven by brand owners and eco-conscious consumers, propels the sales of custom packaging boxes. Notably, the market is on track to expand 1.6 times its current value from 2022 to 2032. As consumers increasingly prioritize environmentally responsible options, paper-based custom packaging boxes emerge as a preferred choice, offering recyclability and reusability that align with sustainability goals while contributing to a reduction in carbon footprint.
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The items such as jewelry, mobile phones, perfumes, and others are displayed in custom packaging boxes with the lid open. The presentation helps in creating an emotional bond between the customer and the product, which drives the demand for custom packaging boxes. Also, printing is possible on these boxes which helps the brands to display their logo along with required product information.
Besides this, brands can design their packaging for the product as per product size and need which helps in offering attractive as well as protective packaging. Backed by the aforementioned factors, demand for custom packaging boxes is expected to increase over the forecast period.
“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.
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.
About the Packaging Division at Future Market Insights
The packaging division at Future Market Insights provides an in-depth historical analysis and projections for the next ten years and covers the competitive landscape through a unique dashboard view. Ranging from packaging materials, packaging machinery to packaging designs & formats, Future Market Insights has an exhaustive database for these industry verticals, serving clients with unique research offerings and strategic recommendations. With a repository of 1,000+ reports, the team has analysed the packaging industry comprehensively in 50+ countries. The team evaluates every node of the value chain and provides end-to-end research and consulting services; reach out to explore how we can help.
Key Market Segments:
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
- Oceania
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What to Expect in Our Report?
(1) A complete section of the Global Custom Packaging Boxes market report is dedicated to market dynamics, which include influence factors, market drivers, challenges, opportunities, and trends.
(2) Another broad section of the research study is reserved for regional analysis of the Global Custom Packaging Boxes market where important regions and countries are assessed for their growth potential, consumption, market share, and other vital factors indicating their market growth.
(3) Players can use the competitive analysis provided in the report to build new strategies or fine-tune their existing ones to rise above market challenges and increase their share of the Global Custom Packaging Boxes market.
(4) The report also discusses the competitive situation and trends and sheds light on company expansions and mergers and acquisitions taking place in the Global Custom Packaging Boxes market. Moreover, it brings to light the market concentration rate and market shares of top three and five players.
(5) Readers are provided with findings and conclusions of the research study provided in the Global Custom Packaging Boxes Market report.
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