Gable Box Market

Gable Box Market Outlook from 2024 to 2034

The gable box market, by the end of 2034, is slated to generate an overall value of USD 15,975.8 million. This development is attributed to the growing demand from the global food and beverage industry and the shift in consumer preference toward take-outs. As of 2024, the industry is valued at USD 10,092.5 million and is estimated to report a CAGR of 4.7% through 2034.

Key players in the food and beverage industry are generating significant demand for gable containers as they are one of the most viable ways of packaging food products. Their prominence in this industry is also because they are cost-effective, easy to package, and less complex to handle. With the growing population, the demand for food and beverages, especially in emerging economies, is touching the skies. This has offered great opportunities for the industry to flourish in these countries.

Gable containers are also very versatile and hence are preferred by industries across sectors. In e-commerce companies, gable containers find their place for shipping and packaging a wide spectrum of products sold online. These containers are also used in the deliveries of subscription box items on a day-to-day basis. Their clamor is also due to the strong barrier properties that help businesses keep their deliverables safe and intact.

The cosmetic and personal care industry, in the last few years, has shown noticeable progress. These industries also bring appreciable revenue to the industry as they utilize the full potential of gable containers in the packaging of skincare products. In countries like South Korea, China, India, etc., where these industries are flourishing, the gable box market is anticipated to do well in the coming decade. The sector is also growing at a modest rate due to sustained demand for gift packaging and stationery wrapping in developed and developing economies.

Attributes	Description
Estimated Global Gable Box Market Size (2024E)	USD 10,092.5 million
Projected Global Gable Box Market Value (2034F)	USD 15,975.8 million
Value-based CAGR (2024 to 2034)	4.7%

Key Industry Highlights

Gable Boxes are Increasingly Being Used for Branding

Key players in a multitude of sectors are increasingly harnessing the full potential of the printing space gable containers provide. This has increased the sales of more sophisticated, less complex, and simple gable containers so that companies can carry out branding strategies using them. With modern technologies, printing on these bags has become more cost-effective, visually appealing, and less cumbersome.

Sustainable Gable Boxes are Revolutionizing the Industry

The ongoing sustainability trend has even affected the gable box industry in the past few years. Consumers' preference for eco-friendly packaging solutions has pushed factory units to curate gable boxes made from sustainable materials such as paperboard, fiber, etc. This has not only helped brands create a good image in the minds of the common masses but has also reduced their carbon footprint in the long term.

Competition from Alternative Packaging Solutions to Hinder Growth

Despite such promising benefits of gable boxes, the industry faces significant hindrances due to the presence of its counterparts in the international marketplace. Packaging solutions such as pouches, paper bags, and rigid boxes are considered more cost-effective, rigid, and viable options as compared to gable boxes. This factor is negatively affecting the market.

2019 to 2023 Global Gable Box Sales Outlook Compared to Demand Forecast from 2024 to 2034

The gable box industry is heavily dependent on the performance of various sectors such as food and beverage, pharmaceutical, cosmetics, e-commerce, etc. As these sectors, in the present scenario, are experiencing notable growth, the demand for gable boxes has reached a sustained level. Any fluctuations in these industries have a significant impact on the gable box market.

The industry, in the last few years, has seen a series of ups and downs. During the pandemic, as the world faced a sudden shutdown, restaurants and eateries faced a major plunge in the demand for gable boxes. With lesser incomes to spend, people also started spending less on non-essential items which negatively affected the e-commerce business. It was the pharmaceutical sector that kept the industry sustained in the initial phases of the pandemic.

But as people began to embrace the new norm, the industry soon began to pick some pace. Consumers now started ordering food online which had an excellent effect on the demand for gable boxes. The e-commerce boom in countries like India, China, South Korea, etc., also helped the industry gain more revenue. In the period between 2019 to 2023, the industry witnessed a 3.4% CAGR.

Comparative Overview

The section discusses the prospects and opportunities of competitive markets in the global packaging sector. The growth rates of the paper bag industry and the craft bag industry, along with their ongoing trends and challenges, have been mentioned below.

Based on these analytics, it can be predicted that the gable container market is very likely to surpass the other two in the coming decade.

Paper Bag Industry Assessment:

Governments in several countries are considering implementing a tax on plastic bags or prohibiting their use altogether. Such a move is expected to significantly fuel the paper bag market, leading to the increasing adoption of paper bag as a packaging material. Besides this, the demand for paper bags has increased due to the rising popularity of online purchasing and home delivery services.

Attributes	Description
Related Market	Paper Bag Industry
CAGR (2024 to 2034)	4.3%
Growth Factor	The demand for paper bags is increasing owing to their cost-effectiveness, customizability, and availability in various sizes and designs
Restraint	Sustainability trends in the general populace have affected the market in a negative manner
Trend	The government's regulations on single-use plastic bags have also propelled the growth of the paper bag market.

Craft Bags Industry Assessment:

Increasing demand for eco-friendly packaging is boosting the consumption of a broad range of products, with the rise in demand for paper-based product packaging. It is estimated that the demand for craft bags may exceed supply in coming years owing to increasing consciousness about nature safety.

Attributes	Description
Related Market	Craft Bags Industry
CAGR (2023 to 2033)	4.4%
Growth Factor	Craft bags are cheap, easy to use, and easily recyclable. This makes them grab the attention of manufacturers and consumers.
Restraint	The availability of alternatives like paper and plastic packaging may hinder the growth of the overall market.
Trends	New craft bag market entrants investing in research and development activities to provide more convenient and eco-friendly packaging solutions to end users in different industry verticals.

Category-wise Insights

Double-sided Gable Box Gains Prominence across Industries

Gable containers come in various types, such as double-sided, single-faced, triple-faced, four-faced, etc. Among these, the double-sided one holds a maximum market share of 23% as of 2024.

Segment	Double-sided Gable Box (Type)
Value Share (2034)	23%

The clamor for double-sided gable boxes has skyrocketed in the last few years as they offer twice the space for branding and marketing compared to traditional single-sided gable boxes. Besides this, these bags are also highly versatile and functional. They can be used for a wide range of applications, including the packaging of food items, gifts, retail products, and promotional materials.

Paper Gable Boxes Win the Hearts of Manufacturers

A multitude of materials are being used in the production of gable boxes such as paper, corrugated cardboard, plastic, biodegradable materials, etc. Among these, paper gable boxes hold a share of 30% as of 2024.

Segment	Paper (Material)
Value Share (2034)	30%

Current sustainability trends across industries have pushed manufacturing companies to opt for paper gable boxes to cater to the demands of eco-conscious consumers and businesses. These paper bags also offer consumers significant recyclability options as compared to other materials such as plastic and polyester. Also, the demand has touched the skies due to their cost-effectiveness and strong barrier properties.

Country-wise Insights

Amidst the expanding Asian economies, the gable container industry is observed to be performing very well in countries like India, China, and Thailand. The section discusses the growth factors of this industry in some of the most lucrative marketplaces. It also includes country-wise analysis of the United States and the United Kingdom.

Countries	CAGR 2024 to 2034
India	5%
China	4.9%
Thailand	4.9%
The United States	4.4%
The United Kingdom	4.1%

Expanding Food and Beverage Industry to Benefit Indian Gable Container Market

India is considered to be a heaven for the food and beverage industry. The sheer enormity of the population in the country generated a huge demand for packaged food items. This has generated a substantial demand for gable containers in India. The last-mile delivery services in India have also become more sophisticated, advanced, and premium, which has also proven to be a boon for the global gable container market.

The gable container industry in India is anticipated to showcase a CAGR of 5% through 2034. Industry-wide sustainability push is also one of the major drivers in the case of India.

Rise in Online Retailing Supports the United States Gable Container Industry

The United States also is a promising country in the global gable container industry. Over the next ten years, the United States' demand for gable containers is projected to rise at a 4.4% CAGR.

The United States has seen an appreciable surge in online shopping in recent years, especially after the COVID-19 pandemic. This has parallely created a huge demand for gable containers in the country. Companies involved in the e-commerce sector are leveraging branding opportunities provided by gable containers to garner more attention among the general populace.

The United Kingdom to Exhibit Decent Industry Growth in the Coming Decade

The United Kingdom is also one of the lucrative countries in the European gable container industry. The United Kingdom market for gable containers is anticipated to grow at a CAGR of 4.1% through 2034.

Companies in the United Kingdom have leveraged the branding opportunities provided by gable containers by printing visually appealing designs on them. Not only has this, but the sales of gable containers in the country also shattered the ceilings due to the demand for customizable packaging solutions that allow businesses to showcase their logos, brand messages, and product information prominently.

Competition Outlook

The gable container industry is a very competitive one with a multitude of domestic and international companies vying for global dominance. Domestic companies have a slight edge as they have a better understanding of local market trends, consumer preferences, and cultural nuances. They have shorter supply chains, which allows them to adapt their production, distribution, and marketing strategies.

Some of the most prominent companies are WestRock Company, DS Smith, Smurfit Kappa Group, and Georgia-Pacific LLC.

Industry Updates

In December 2023, Home Chef unveiled its revamped Fried Chicken for Kroger, featuring a new paper gable container with venting holes and a window. The redesign aimed to enhance crispiness and flavor, addressing consumer demands for freshness and convenience.

Leading Gable Box Brands

• Smurfit Kappa Group
• International Paper Company
• Mondi Group
• Graphic Packaging International, LLC
• Huhtamaki Group
• Packaging Corporation of America
• Tetra Pak
• Sealed Air Corporation
• Sonoco Products Company
• Amcor plc
• Orora Limited
• Pratt Industries, Inc.
• KapStone Paper and Packaging Corporation
• Cascades Inc.
• Novolex Holdings, Inc.
• Klabin S.A.
• Rengo Co., Ltd.

Key Segments of Market Report

Based on type:

The sector is segmented into double-sided, single-face, triple-face, four-face, and other.

Based on the material:

The industry is divided into paper, corrugated cardboard, plastic, and biodegradable materials.

On account of shape:

The sector is segmented into rectangular, square, tapered, round corner, etc.

As per region:

The industry is divided into North America, Latin America, Europe, Asia-Pacific, and the Middle East and Africa

Frequently Asked Questions

What is the overall global valuation for this industry?

The global valuation is USD 10,092.5 million as of 2024.

What does the future of this industry look like?

The market is expected to reach USD 15,975.8 million by 2034.

What is the growth of this industry in terms of CAGR?

The market is growing at a CAGR of 4.7% from 2024 to 2034.

Who are the prominent leaders?

WestRock Company, DS Smith, Smurfit Kappa Group, and Georgia-Pacific LLC are some of the major players.

What was the Gable Box Market Value in 2023?

In 2023, the global market was valued at USD 9751.2 million.