In 2023, the market for foldable containers is projected to be worth close to US$ 1.3 billion. In the forecasted period from 2023 to 2033, it is anticipated to record a moderate CAGR of 4.6%. By the end of 2033, the market is anticipated to reach about US$ 2.0 billion. In 2022, it is anticipated that the top 5 market players will control between 15 and 20% of the market.

A research study by Future Market Insights (FMI) estimates that the market for foldable containers would generate US$ 1.2 billion in revenue by 2022. Given the global expansion of logistics services, it is predicted that between 2022 and 2032, there will be an absolute dollar potential of US$780.8 million.

Sales of foldable containers are expected to increase over the next ten years as a result of the transportation and logistics industry’s high need for storage containers. In the assessment period, the market is anticipated to grow by 1.6 times its current value.

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Supervisors of shipping and storage are expected to hunt for products that will assist them improve their supply chains and increase storage capacity. Foldable containers or rigid containers that can collapse are expected to meet the need in the following 10 years.

Sales of foldable containers are anticipated to increase quickly since intermodal transportation involves the transfer of freight from one method of transportation to another. As ports encounter numerous traffic issues, these containers are becoming increasingly popular in emerging economies.

Key Companies players:

  • Monoflo International
  • Schoeller Allibert Services B.V.
  • DS Smith Plc
  • Steel King Industries, Inc.
  • Sintex Group
  • IPL Plactics Inc
  • Dolav UK Limited
  • Bekuplast GmbH
  • Intech Worldwide GmbH
  • Fletcher European
  • Corplex UK
  • Enco Plastic Limited
  • Shanghai Join Plastic Co., Ltd
  • NAECO
  • I-Plast Ltd
  • Qingdao Guanyu Plastic Co., Ltd.
  • Logistic Packaging
  • KTP Kunststoff Palettentechnik GmbH
  • Tripak Solutions
  • Myers Industries, Inc.
  • Nilkamal Material Handling.
  • NPP Group Limited
  • AUER PACKAGING
  • Transoplast Group
  • Nizam Din & Sons
  • WestRock Company

Top trends foldable container market are:

The foldable container market is experiencing significant growth and innovation as it responds to the evolving needs of various industries. Here are some of the top trends shaping the foldable container market:

  1. Sustainability and Eco-Friendly Materials: With increasing environmental concerns, there is a growing demand for foldable containers made from eco-friendly and recyclable materials. Manufacturers are focusing on sustainability by using materials that can be easily reused, recycled, or repurposed.
  2. Lightweight and Space-Saving Design: Foldable containers are designed to be lightweight and space-saving, making them ideal for transportation and storage. This trend is particularly relevant in industries where efficient use of space is crucial.
  3. Customization and Modularity: Foldable containers are becoming more customizable and modular to meet specific industry requirements. Companies are offering a range of sizes, configurations, and accessories to cater to diverse needs.
  4. Durability and Longevity: There is a growing emphasis on designing foldable containers that are durable and can withstand the rigors of transportation and handling. This ensures a longer lifespan and better return on investment.
  5. Automation and IoT Integration: The integration of automation and Internet of Things (IoT) technologies is enhancing the functionality of foldable containers. Smart containers with tracking, monitoring, and inventory management capabilities are gaining popularity.
  6. Global Supply Chain Optimization: Foldable containers are contributing to supply chain optimization by improving logistics efficiency, reducing transportation costs, and minimizing empty return trips.

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Key Segmentation of Foldable Container Market

By Material:

  • Plastic
  • Metal
  • Paperboard

By Product Type:

  • Boxes & Cartons
  • Crates
  • Jerry Cans
  • Pallet Boxes
  • IBC

By End Use:

  • Food & Beverage
  • Pharmaceutical
  • Chemical & Fertilizer
  • Building & Construction
  • Shipping & Logistics
  • Other Consumer Goods

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Middle East & Africa
  • Oceania

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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Future Market Insights Inc.
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