Collapsible Sleeve Containers Market Outlook from (2023 to 2033)

The global collapsible sleeve containers market is set for significant expansion, with an anticipated valuation of USD 4,700 million by 2023. This market displays a robust trend, featuring a noteworthy CAGR of 4.36%, which is expected to endure until 2033.

These consistent growth forecasts indicate that the global collapsible sleeve containers market is poised to achieve an impressive valuation of millions of USD 7,200 by the year 2033.

Key Market Trends and Highlights

  • The demand for tailored collapsible sleeve containers is on the rise among various industries, including automotive, agriculture, textiles, and more. End-users are seeking customized solutions to meet their specific requirements and achieve higher-quality results.
  • Collapsible sleeve containers are gaining traction over traditional bulk containers due to their lightweight nature, ease of folding, and resilience in extreme weather conditions. These features make them a preferred choice for industries looking for versatile and efficient packaging solutions.
  • Leading manufacturers of collapsible sleeve containers are prioritizing eco-friendliness in their product designs. This reflects a broader industry commitment to sustainability and environmentally responsible packaging solutions.
  • Future Market Insights predicts a comprehensive analysis of the collapsible sleeve containers market dynamics. These dynamics are influenced by various industry factors, including customer awareness and preferences. Identifying and understanding these factors will be crucial for market growth.
  • Recent advancements in collapsible sleeve container technology include the development of new pallets compatible with various palletizers, automatic strapping and banding systems, and efficient conveyors. Such innovations aim to enhance usability, increase return on investment, and reduce shipping costs for users.
  • The growth of the collapsible sleeve containers market is expected to be cushioned by the rising production and processing activities in the food and beverage industry. This sector's demand for efficient and flexible packaging solutions is contributing to market expansion.
Attributes Key Insights
Collapsible Sleeve Containers Market Estimated Size in 2023 USD 4,700 million
Projected Market Value in 2033 USD 7,200 million
Value-based CAGR from 2023 to 2033 4.36%

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2018 to 2022 Historical Analysis vs. 2023 to 2033 Market Forecast Projections

The scope for global collapsible sleeve container market insights rose at a 2.95% CAGR between 2018 and 2022. The collapsible sleeve containers market value is anticipated to develop at a moderate CAGR of 4.36% over the forecast period from 2023 to 2033.

Report Attributes Details
Market Value in 2018 USD 4,050 million
Market Value in 2022 USD 4,550 million
CAGR from 2018 to 2022 2.95%

Among the various box sizes available, the 48 x 40 x 30-inch box size segment emerged as the most lucrative, capturing nearly 2/5th of the market's value share. The segment's dominance was driven by consistent demand from the food and beverage industries, where collapsible sleeve containers found widespread utility.

North America played a significant role in the global collapsible sleeve containers market during this period, accounting for 24.2% of the market value share in 2022. The region's prominence can be attributed to the presence of top industry players specializing in collapsible sleeve containers.

Industries such as building and construction, textile, handicraft, and others within North America increasingly embraced Collapsible Sleeve Containers as their preferred rigid packaging solution.

Factors such as evolving consumer preferences, expanding end-user industries, and a greater emphasis on eco-friendly packaging solutions are projected to drive market expansion. Innovations in collapsible sleeve container technology, including improved pallet compatibility, automated strapping systems, and efficient conveyors, are expected to further enhance the market's attractiveness.

Collapsible Sleeve Containers Market Shaping Drivers

  • Foldable plastic boxes and containers offer an efficient solution for post-harvest handling in the agricultural sector. The ease of usage and portability make them ideal for transporting and storing fresh produce such as fruits, vegetables, and grains.
  • Plastic containers provide better protection against moisture and external contaminants compared to conventional wooden boxes. This helps in preserving the freshness and quality of agricultural products, reducing the risk of spoilage and waste.
  • Foldable plastic pallet containers are lightweight, making them easier to handle and transport. The cost-effectiveness, in terms of both procurement and maintenance, is appealing to farmers and businesses that are involved in the agricultural supply chain.
  • Plastic containers are often designed with customization in mind, allowing for efficient stacking and storage of various agricultural products. Such kind of versatility enables farmers and distributors to optimize space and logistics.
  • The availability of plastic pallet containers with food quality certification ensures compliance with safety and hygiene standards. The certification is particularly important in the case of processed food manufacturers and exporters who rely on these containers to maintain product quality and safety.
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Ismail Sutaria

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Key Trends of the Market

  • The trend toward lightweight packaging solutions is expected to continue growing across various industries. Lightweight plastic pallet containers offer cost savings in terms of reduced freight charges and increased operational efficiency.
  • The need for smaller and more efficient packaging, manufacturers are likely to offer customizable solutions that optimize space during transportation and storage.
  • Sustainability becomes more significant in consideration of packaging choices where the usage of eco-friendly materials in the manufacturing of lightweight plastic containers is expected to gain traction.
  • Advancements in materials science and manufacturing technologies are likely to lead to the development of innovative lightweight plastic pallet containers.

Restraints to Collapsible Sleeve Containers Market

  • The proliferation of pallet container pooling systems is expected to have a direct impact on manufacturers of new collapsible plastic pallet containers. More companies and industries opt for rental and shared containers, and the demand for purchasing new containers decreases, negatively affecting the sales and revenue of container manufacturers.
  • Manufacturers face increasing competition from the rental market and offer cost-effective alternatives for businesses seeking temporary or one-way transportation solutions.
  • Companies in the container manufacturing industry face challenges in adapting their business models to accommodate rental services. The shift requires significant investments in logistics, maintenance, and tracking systems to effectively compete in the rental market.
  • Concerns about the environmental impact of manufacturing and disposing of plastic containers could lead to regulatory changes or increased scrutiny of the industry's practices.

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Category-wise Insights

The below table highlights how food & beverage is projected to lead the application market expanding at a market share of 57% through 2033. The table further continues with the details about how the block pallets are likely to spearhead sales based on pallet type and are anticipated to witness a market share of 43.28% through 2033.

Category Market Share by 2033
Food & Beverage 57%
Block Pallet 43.28%

Growing Dominance of Collapsible Sleeve Containers in the Food and Beverage Packaging Sector

The collapsible sleeve containers market has witnessed significant growth, with the food and beverage segment emerging as the dominant force, capturing the largest revenue share of 57% by 2033.

The substantial market share can be attributed to the ever-increasing demand for packaged foods, encompassing a wide range of products, including ready-to-eat meals, frozen meals, snack foods, and bakery items. The convenience and extended shelf life offered by packaging contribute to this surge in demand.

A rising need for packaging fresh and frozen food items such as meat, fruits, and vegetables can be seen further fueling the demand for collapsible sleeve containers in the food and beverage sector. As the consumption of retail and bulk beverages like coffee continues to grow, the use of collapsible sleeve containers in their storage and transportation becomes essential.

The films not only protect the products from external factors but also aid in efficient storage and transportation, reducing the risk of damage during transit. Such a trend is expected to have a positive impact on the overall growth of the collapsible sleeve containers industry.

The Dominance of Block Pallets and Their Role in Export Applications

The block pallet segment has firmly established its dominance in the pallet market, capturing the largest revenue share, which is expected to reach 43.28% by 2033.

The block pallet has emerged as a preferred choice in the transportation sector due to its cost-efficiency and practicality. Block pallets offer a more budget-friendly option compared to rackable and stackable pallets, making them particularly well-suited for export purposes and open-loop supply chains.

The affordability of block pallets positions them as an ideal choice for export applications. With the rising preference for plastic pallets over wooden pallets in export scenarios, driven by their non-contaminating properties, the demand for block pallets is set to surge in the coming years.

The shift towards block pallets aligns with the growing emphasis on maintaining product integrity and hygiene during international shipments, thus driving the adoption of this pallet type in the global market.

Country-wise Insights

The below table showcases revenues in terms of the five countries, spearheaded by the United States, China, Japan, Germany, and India. Out of these 5 countries, India is leading followed by China.

Expected Market Values by 2033

United States USD 1,500 million
India USD 1,720 million
Japan USD 846 million
China USD 1,520.1 million
Germany USD 1,210 million

Value Share in 2022

United States 17.8%
Japan 10.2%
Germany 19%
India 23.2%
China 21%

India's Flourishing Middle-Class Fuels Packaging Industry Growth

In India, the growing middle-class population and urbanization have led to a surge in demand for packaged foods. Favorable government policies aimed at facilitating foreign direct investments and bolstering domestic manufacturing have created a conducive environment for the food and beverage industry's expansion. India's collapsible sleeve container market is thus anticipated to witness robust growth.

China's Growing Appetite for Packaged Foods Boosts Collapsible Sleeve Containers Market

China, on the other hand, has also seen a remarkable increase in the consumption of packaged food products. Political changes and regulatory support in China are focused on enhancing the country's manufacturing capabilities, which is expected to further stimulate the growth of the food and beverage sector. The collapsible sleeve containers market in China is poised for significant expansion.

Strong Manufacturing Base and Food Industry Drive the United States Collapsible Sleeve Containers Market

The collapsible sleeve containers market in the United States is positively influenced by a robust manufacturing base, particularly in confectioneries and carbonated soft drinks.

The country's well-established food and beverage industry, along with its demand for flexible packaging solutions, is expected to contribute to the growth of the collapsible sleeve containers market during the forecast period.

Rising Urbanization and Disposable Incomes Drive the Demand in Germany

The growing urbanization and increasing disposable incomes in countries like Germany have led to a significant uptick in the demand for packaged food products.

More people are thus migrating to urban areas like Germany and experiencing rising disposable incomes, as there has been a notable surge in the demand for packaged food products. The shift in consumer preferences toward convenience and ready-to-eat meals has propelled the need for efficient and reliable packaging solutions.

Japan's Role in Advancing Sustainable Packaging Solutions

Businesses in Japan highly prioritize advanced packaging solutions, and contribute to the ongoing evolution of the packaging industry for meeting the changing demands of consumers. The shift towards innovation in packaging is thus expected to have a significant impact on enhancing the efficiency and sustainability of the packaging ecosystem within Japan.

Japan’s companies are recognizing the importance of sustainable packaging practices and are investing in solutions that reduce environmental impact including the development of eco-friendly materials, efficient recycling systems, and innovative packaging designs that minimize waste.

Japan hence continues to lead in technological advancements, majorly in the manufacturing and consumer goods sectors, where it is well-positioned to drive advancements in packaging technology that align with global sustainability goals.

Competitive Landscape

Leading players operating in the global collapsible sleeve container market are aiming to expand their market presence in various countries and regions to improve sales via mergers, acquisitions, and collaborations. Some new developments are:

  • In September 2023, DS Smith Plc., announced that it has selected Amazon Web Services (AWS) as its preferred cloud provider to accelerate innovation, drive efficiencies, and support sustainable solutions
  • In September 2023, DS Smith Zarnesti paper mill inaugurated a new Waste Water Treatment Plant as part of its existing 11-million-Euro investment plan.
  • In January 2023, DS Smith raised the ambitions of its Now & Next Sustainability Strategy to accelerate the transition to a low-carbon, Circular Economy.
  • Collaborating with its customers, DS Smith has already replaced 762m problem plastics with fiber-based alternatives and created more than 30,000 circular-ready projects through its industry-leading Circular Design Metrics.

Report Scope

Attributes Details
Estimated Market Size in 2023 USD 4,700 million
Projected Market Valuation in 2033 USD 7,200 million
CAGR Share from 2023 to 2033 4.36%
Forecast Period 2023 to 2033
Historical Data Available for 2018 to 2022
Market Analysis Value in USD million
Key Regions Covered North America; Latin America; Western Europe; Eastern Europe; South Asia and Pacific; East Asia; The Middle East & Africa
Key Market Segments Covered Box Type, Pallet Type, End-user, Region
Key Countries Profiled The United States, Canada, Brazil, Mexico, Germany, The United Kingdom, France, Spain, Italy, Russia, Poland, Czech Republic, Romania, India, Bangladesh, Australia, New Zealand, China, Japan, South Korea, GCC countries, South Africa, Israel
Key Companies Profiled DS Smith Plc.; Schoeller Allibert Services B.V.; Corn-Pearl North America Inc.; Rehrig Pacific Company, Inc.; TranPak, Inc.; RPP Containers; Sohner Plastics LLC, Shuert Technologies, LLC; CABKA Group, Buckhorn Inc.; Reusable Transport Packaging Inc.; Prairie Plastics Holdings LLC; Ribawood S.A.; Qingdao CNplast Co., Ltd.; Enlightening Pallet Industry Co., Ltd.

Key Segments Covered in Collapsible Sleeve Containers Industry Research

Box Type:

  • 48x40x30
  • 48x40x34
  • 48x40x45

Pallet Type:

  • Block Pallet
  • Stringer Pallet
  • Customized Pallet

End-use:

  • Agriculture & Allied Industries
  • Building & Construction
  • Chemical & Pharmaceuticals
  • Food & Beverages
  • Engineering Products
  • Textile & Handicrafts
  • Automotive
  • Others

Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • South Asia and Pacific
  • East Asia
  • The Middle East & Africa

Frequently Asked Questions

How Big is the Collapsible Sleeve Containers Market likely to be in 2023?

The market valuation in 2023 for collapsible sleeve containers is likely to be USD 4,700 million.

What is India’s Market Outlook?

India registered a market share of 23.2% in 2022.

What is the Projected CAGR for the Collapsible Sleeve Containers Market until 2033?

The collapsible sleeve containers market is set to expand by a CAGR of 4.36% by 2033.

How much Valuation is Projected for the Collapsible Sleeve Containers Market in 2033?

The collapsible sleeve containers market is forecasted to reach USD 7,200 million by 2033.

Which is the Leading End-use in the Collapsible Sleeve Containers Domain?

Food & beverage is preferred and is expected to rise at a market share of 57% through 2033.

Table of Content
  • 1. Executive Summary
  • 2. Market Overview
  • 3. Market Background
  • 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033
  • 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Box Type
    • 5.1. 48x40x30
    • 5.2. 48x40x34
    • 5.3. 48x40x45
  • 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Pallet Type
    • 6.1. Block Pallet
    • 6.2. Stringer Pallet
    • 6.3. Customized Pallet
  • 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End-use
    • 7.1. Agriculture & Allied Industries
    • 7.2. Building & Construction
    • 7.3. Chemical & Pharmaceuticals
    • 7.4. Food & Beverages
    • 7.5. Engineering Products
    • 7.6. Textile & Handicrafts
    • 7.7. Automotive
    • 7.8. Others
  • 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
    • 8.1. North America
    • 8.2. Latin America
    • 8.3. Western Europe
    • 8.4. Eastern Europe
    • 8.5. South Asia and Pacific
    • 8.6. East Asia
    • 8.7. Middle East and Africa
  • 9. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
  • 10. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
  • 11. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
  • 12. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
  • 13. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
  • 14. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
  • 15. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
  • 16. Key Countries Market Analysis
  • 17. Market Structure Analysis
  • 18. Competition Analysis
    • 18.1. DS Smith Plc.
    • 18.2. Schoeller Allibert Services B.V.
    • 18.3. Corn-Pearl North America Inc.
    • 18.4. Rehrig Pacific Company, Inc.
    • 18.5. TranPak, Inc.
    • 18.6. RPP Containers
    • 18.7. Sohner Plastics LLC, Shuert Technologies, LLC
    • 18.8. CABKA Group, Buckhorn Inc.
    • 18.9. Reusable Transport Packaging Inc.
    • 18.10. Prairie Plastics Holdings LLC
    • 18.11. Ribawood S.A.
    • 18.12. Qingdao CNplast Co., Ltd.
    • 18.13. Enlightening Pallet Industry Co., Ltd.
  • 19. Assumptions & Acronyms Used
  • 20. Research Methodology
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