The transport cases & boxes market size is projected to be valued at US$ 1.7 billion in 2023 and is expected to rise to US$ 2.4 billion by 2033. The sales of transport cases & boxes are expected to grow at a significant CAGR of 3.5% during the forecast period. The transport cases and boxes market is expected to grow 3.5% by the year 2033.
Transport cases and boxes play a vital role in safeguarding fragile and valuable items during transportation. These specialized containers provide exceptional protection against external factors such as impact, vibration, moisture, and temperature variations, ensuring that the contents remain intact and undamaged. The Transport Cases & Boxes Market has experienced significant growth in recent years due to the rising demand for efficient and secure transportation solutions across various industries.
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Key Takeaways from the Transport Cases & Boxes market
- By carrying capacity, demand for less than 20 kg is expected to remain dominant. Polyamide transport cases and boxes are becoming more popular due to their high durability and resistance to wear and tear.
- Waterproof cases and boxes are in high demand, accounting for nearly 75% of total revenue. Extensive adoption is expected in the military sector, followed by the chemical industry.
- By 2033, the majority of revenue share (727.7 million) is expected to come from the United States. Given the huge need for durable packaging materials in nations like Canada and the United States, the market in the area is likely to expand over the course of the forecast period.
- With the electric vehicles (EV) segment displaying tremendous potential, the automotive market is welcoming prominent transport cases and boxes manufacturers with open arms. According to Future Market Insights, the automotive transport cases market grew at a rate of nearly 4% until 2021, with a value of nearly US$ 150 million.
- Opportunities abound in the chemical industry as well, with rapid advancements in manufacturing and packaging technologies propelled by growing concerns about the safe and secure transportation of hazardous materials. The chemical industry was worth $69.3 billion in 2021, with the United Kingdom leading the way. As a result, manufacturers are expanding their presence in Western European countries, particularly the United Kingdom, Germany, and France.
- The growing construction sector in China might almost certainly boost toolbox sales in the region and witness a CAGR of 4.5% by 2033. The construction industry is expanding as a result of the high demand for residential buildings. The construction workers in these countries has increased as a result of the expansion.
Competitive Landscape
The landscape of transport cases and boxes is highly competitive, owing to the presence of numerous regional and global level manufacturers. The transport cases and boxes report profiles key players such as
- Pelican Products, Inc.,
- PARAT Beteiligungs GmbH,
- SKB Corporation, Inc.,
- GT Line Srl,
- bwh Spezialkoffer GmbH,
- Plastica Panaro S.r.l.,
- Thermodyne International Ltd.,
- C.H. Ellis Company, Inc.,
- Plasticase Inc.,
- Gator Cases Inc.,
- GMOHLING Transportgeräte GmbH,
- Cases By Source, Inc.
Recent Development-
in August 2022, BWH Spezialkoffer introduced the ALUshape presentation cases for prominent aluminum roofing manufacturers. Similarly, in September 2022, the company unveiled its SAFEDI event box, a custom-made case suitable for transporting mobile charging and power supply equipment.
With US at the forefront, countries like India and China will drive the market in the projected years. India, owing to its successful emerging of healthcare, will steer the growth of demand for transport cases and boxes. China on the other hand, has emerged as one of the leaders in the trade industry in the recent years and it is estimated to grow with an impressive CGAR over the forecasted years 2021-2031.”
“With safe and secure packaging gaining precedence, governments worldwide are seeking to enforce regulatory provisions to ensure the same. Key industries such as food & beverages and pharmaceuticals have been at the forefront of such legislations.” remarks Future Market Insights analysts.
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Key takeaways from Future Market Insights’ transportation cases and boxes study
- By product type, Transport cases weighing less than 20 kilograms are likely to remain highly preferred by key end-use industries, owing to the increase in demand for consumer goods in food & beverages, cosmetics and pharmaceutical.
- Plastic-derived transport cases and boxes are poised to remain popular, attributed to their ease of sourcing and cost-benefits.
- Amongst all end-use industries, the military domain promises to generate substantial expansion opportunities.
- Waterproof cases to show an increase in sales due to an increase of accidents of spilling water while handling goods in the maritime trade.
- US to remain a lucrative market, owing to its increase in boxes adoption. Military segment will generate high demand for transportation cases and boxes
- U.K. to register a steady Y-o-Y growth, due to its surging demand in chemicals & pharmaceuticals sector
- Germany to record a steady rise in its sales due to its demand from the automotive industry
Factors Driving the Transport Cases & Boxes Market
The increasing demand for transport cases and boxes can be attributed to several key factors that make them indispensable in the logistics and transportation industry. Understanding these driving forces is crucial to grasp the market dynamics and predict future trends.
1. Growing Emphasis on Product Safety and Security
In an era of globalization and supply chain complexities, ensuring the safety and security of goods during transportation is of paramount importance. Transport cases and boxes provide an effective solution to protect fragile, valuable, and sensitive items from potential damage or theft. These specialized containers are designed with features like shock absorption, water resistance, and secure locking mechanisms, offering peace of mind to businesses and customers alike.
2. Expansion of the E-commerce Sector
The rapid growth of the e-commerce industry has revolutionized the way goods are bought and sold. With the increasing popularity of online shopping, the need for reliable and secure packaging and transportation solutions has soared. Transport cases and boxes enable e-commerce companies to deliver products safely to customers, even across long distances. From electronics and fashion items to perishable goods, these containers ensure that goods arrive in optimal condition, enhancing customer satisfaction and loyalty.
Competitive Insights-
FMI’s report has profiled the below mentioned players within its report such as Pelican Products Inc., PARAT Beteiligungs GmbH, SKB Corporation, Inc., GT Line Srl and many more, which will be available upon request.
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