Corrugated Handle Box Market: An Overview
The corrugated handle box carries heavy loads of products with ease and is also light in weight and cheap as compared to other packaging solutions. This box has an inbuilt handle for easy portability, which is commonly made up of plastic. The corrugated handle box is highly durable with printing ability to enhance its appearance and usage. This box provides product protection and requires an inner component for cushioning such as edge protectors and corrugated inserts, which help ensure the safety of brittle products. The corrugated handle box has perfect designs and sizes to avoid spillage and wastage of products stored. This box is mostly used in the food industry, consumer goods, cosmetics & personal care, and also in the shipping of products. Manufacturers are using sustainable material over plastics to produce eco-friendly corrugated handle boxes as plastics are the cause of creating landfill issues.
Corrugated Handle Box Market: Dynamics
The budding retail and food industry is driving the corrugated handle box market. The on-the-go lifestyles of the consumers’ which results in the increased food deliveries are propelling the market for corrugated handle box. Growing e-commerce and the need for a sustainable packaging solution boost the demand for corrugated handle box. Manufacturers are focusing on the production of recyclable and biodegradable solutions that can hinder the adverse effects of plastic, which can fuel the demand of corrugated handle box. These boxes are majorly made from paper pulp that is a cheap source of material that will cut down the cost of the product hence, attracting consumers for its uptake. The demand for the box has increased significantly due to its immense size flexibility offered by them. The corrugated handle box is crush resistance and provides adequate strength for stacking in warehouses. Corrugated handle box can be deformed as water, and other types of liquid can saturate it, resulting in the damage of the products stored. Moreover, the handles can be broken if high pressure is applied to the box that can act as a restraint in the demand of corrugated handle box.
Corrugated Handle Box Market: Key Developments
Key players are focusing on product launch to increase their production capacity and product portfolio in a competitive market. Recent developments include the making of biodegradable and attractive packaging solutions. Companies are now able to produce containers that are fit-to-product and highly durable.
- In September 2019, CBS Packaging, installed a new state of the art 2.5m BHS Corrugator at our fully integrated plant in Birmingham
- In October 2019, GWP Group, a reusable packaging and materials handling specialist, announced the launch of a new returnable packaging system for corrugated boxes.
Corrugated Handle Box Market: Regional Outlook
Countries like Germany, Belgium, and Sweden in the European region; Japan, China, and Singapore in the Asia Pacific region and the U.S. in the North America region have the highest offerings of logistic services; and therefore, the market for corrugated handle box is expected to rise. The increasing demand for a reliable transportation container that can store a huge amount of products along with being light to carry drives the corrugated handle box market in developing countries such as India, China, etc.
Corrugated Handle Box Market: Key Players
- Reid Packaging
- Allen Field Company, Inc.
- Guangzhou Bosing Paper Printing and packaging Co., Ltd.
- GWP Group
- WH Skinner
- CBS Packaging
- Shanghai Forests Packaging Group Co., Ltd.
- HOOCING Packaging
- Riverside Paper Co., Inc.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts, and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with corrugated handle box market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Regional analysis includes :
- North America
- Latin America
- South Asia
- East Asia
- Middle East & Africa
Corrugated Handle Box Market: Segmentation
On the basis of material, the corrugated handle box market has been segmented into:
- Kraft Paper
- Corrugated Board
- Recycled Paper
- Molded Fiber Pulp
On the basis of capacity, the corrugated handle box market has been segmented into:
- < 5kg
- 5 to 15 kg
- > 15 to 30 kg
- > 30 to 45 kg
- > 50 kg
On the basis of pattern, the corrugated handle box market has been segmented into:
On the basis of end use, the corrugated handle box market has been segmented into:
- Agriculture industry
- Chemical industry
- Food and Beverages
- Pharmaceuticals and Personal Care
- Retail industry
- Commercial industry
- Other industries
- A detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current, and projected market size regarding volume and value
- Recent industry trends and developments for Corrugated Handle Box Market
- Competitive landscape for Corrugated Handle Box Market
- Strategies for key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
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