The global printed box market is on a robust growth trajectory, driven by a diverse range of factors. With a valuation of approximately US$ 20.4 billion in 2022, the market is expected to reach US$ 21.4 billion in 2023, and this upward trajectory is projected to continue with a healthy CAGR of 4.8% until 2033, eventually topping out at an impressive US$ 34.2 billion.
One key driver of this growth is the increasing demand for paper printed boxes, which are gaining popularity due to their eco-friendly characteristics, lightweight nature, and reusability. As businesses recognize the pivotal role packaging plays in brand promotion and audience engagement, the demand for customized printed box packaging solutions is soaring.
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Notably, India stands out as a dynamic growth market in the printed boxes segment, with a projected CAGR of 5.7% during the forecast period. China is also anticipated to witness significant growth, with a 2.0x incremental increase in its packaging printed boxes market. In the United States, sales are set to reach US$ 3.1 billion in 2023, contributing to the global market’s expansion. These trends underscore the growing importance of printed boxes in the packaging industry’s landscape.
However, the demand for printed boxes in food and beverages will increase due to surge in consumption of packed foods. Manufacturers are leveraging good packaging techniques to attract customers as people prefer food & beverages which are packed in attractive packaging.
Key Takeaways from the Global Printed Boxes Market Study Report by FMI
- Over the next ten years, the overall market is anticipated to witness an absolute dollar growth of nearly US$ 13 billion.
- The demand for printed boxes is higher in the United States, dominating the global market until 2022.
- In Europe, Germany and the United Kingdom are the two leading markets for the consumption of printed boxes.
- Emerging economies in the Asia Pacific, like China and India, are poised to witness a higher growth rate in printed box sales until 2033. Furthermore, FMI predicts the absolute dollar growth for the market in India could be about US$ 1.4 billion over the next ten years.
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“Printed boxes are made from biodegradable material and are also durable. Hence, key players are using these boxes to reduce the negative impact of plastic on environment. As these boxes are recyclable and sustainable, demand for printed boxes is expected to witness tailwinds in the upcoming decade” – comments FMI analyst
Global Printed Boxes Market Landscape
Accurate Box Company, Inc., New Box SpA, Printex Transparent Packaging, Tin King USA, Custom Packaging Boxes, The BoxMaker, CBS Packaging Group, ThecustomeBoxes, Packaging Corporation of America, THN cardboard box, Netbox PL Sp. o.o., Packlane, Inc., CompanyBox, LLC., Glenmore Custom Print + Packaging, AXIS Corrugated Container.
Global Printed Boxes Market Report
Future market insights, in its new report, offers an unbiased analysis of the global market for printed boxes market by product type (pinch bottom bags, open mouth bags, valve bags, gusseted bags, block bottom bags, and others (perforated bags, etc.)), by material (plastic (polypropylene (PP), polyethylene (PE)), and jute), by end use (agriculture, food, building & construction, chemicals, retail, and others (tourism & transport, etc.)), across seven regions.
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Table of Content
- Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
- Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
- Market Background
3.1. Market Dynamics
3.2. Impact of Covid-19
3.3. Macro Factors and Forecast Factors
3.4. Value Chain Analysis
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About Future Market Insights, Inc.
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