Sales of shipping supplies in North America are estimated to rise at a 1.50% CAGR through 2034. The demand outlook for shipping supplies in North America will be valued at US$ 24.2 billion in 2024. By 2034, sales projections for shipping supplies in North America signify attaining a valuation of US$ 28.1 billion.
| Attributes | Details |
|---|---|
| Industry Size of North America in 2024 | US$ 24.2 billion |
| Expected Industry Size of North America in 2034 | US$ 28.1 billion |
| Forecasted CAGR between 2024 to 2034 | 1.50% |
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Surging Integration of Robotics and Automation in the Industry
Packaging and shipping logistics are evolving rapidly due to the integration of robots and automation in warehouse operations. Shipping supplies are evolving in appearance and usefulness as warehouses adopt autonomous robots to perform packaging, sorting, and selecting tasks.
To guarantee efficiency and compatibility, packaging materials need to interact smoothly with automated processes. Shipping supplies are essential for balancing and boosting the capabilities of cutting-edge automated warehousing systems, and this evolution resembles the industry's larger transition toward smart logistics.
Tapping into this evolution, American giant Amazon launched Titan in November 2023. Titan is a mobile robot that will assist in warehousing operations. It can carry twice as much load as the Hercules.
Pharmaceutical Sector’s Growing Reliance on Cold Chain Logistics
The pharmaceutical industry is increasingly relying on cold chain logistics. This crucial trend is influencing the shipping supply industry in North America, especially regarding vaccine distribution and temperature-sensitive medical supplies. There is a current demand for specialized packaging solutions such as temperature-controlled containers, data loggers, and insulated packaging.
These packaging supplies are essential for guaranteeing the effectiveness and integrity of pharmaceutical shipments. With the increased regulatory scrutiny, companies using sophisticated cold chain shipping supplies are essential for preserving the security and efficacy of pharmaceuticals while in transit.
Leveraging this growing necessity, in September 2023, Pluss Advanced Technologies (PLUSS), a phase-change material (PCM) technology firm, introduced two new temperature-controlled packaging solutions for the pharmaceutical industry: the Celsure® XL Pallet Shipper series and the Celsure® VIP Multi-Use Parcel Shipper series.
Sustainability Trends Emerge as a Pivotal Force Shaping the Industry
The sustainability paradigm is significantly shaping the shipping supply industry in North America. Companies face mounting pressure to use environmentally friendly packaging options to comply with stricter environmental standards and change customer preferences.
This trend has accelerated the manufacturing and implementation of sustainable shipping supplies, which include recyclable materials, biodegradable alternatives, and innovative packaging designed to reduce environmental effects.
Businesses are using sustainability to set themselves apart from the competition. They understand that ecologically friendly packaging appeals to consumers who are concerned about the environment, which in turn influences their decisions to buy and stick with a brand. Several brands are capitalizing on this trend.
For instance, in March 2024, The Boxery, a top provider of shipping goods, debuted its new range of environmentally friendly shipping boxes and supplies, marking a significant step towards sustainable e-commerce. This creative line aims to address the pressing need to lower the carbon footprint of the e-commerce industry by providing ecologically friendly shipping solutions in response to the growing demand for such options.
Principal Consultant
Demand for Shipping Supplies in North America:
| Attributes | Demand for Shipping Supplies in North America |
|---|---|
| CAGR (2024 to 2034) | 1.50% |
| Valuation (2024) | US$ 24.2 billion |
| Key Trend | Growing adoption of robotics and automation |
| Key Challenge | Dependence on economic conditions impacts the demand |
Demand for Shipping Supply at the Global Level:
| Attributes | Demand for Shipping Supply at the Global Level |
|---|---|
| CAGR (2024 to 2034) | 3.7% |
| Valuation (2024) | US$ 101.2 billion |
| Key Trend | Rising integration of smart inventory management systems |
| Key Challenge | Strict environmental norms and trade barriers in some countries |
Adoption Scenario of Packaging Supplies at the Global Level:
| Attributes | Adoption Scenario of Packaging Supplies at the Global Level |
|---|---|
| CAGR (2024 to 2034) | 4.9% |
| Valuation (2024) | US$ 399.5 billion |
| Key Trend | Booming e-commerce sector fuels product demand |
| Key Challenge | Intense competition leads to reduced profit margins |
| Leading Packaging Format for Shipping Supplies in North America | Bags |
|---|---|
| Total Value Share (2024) | 20.4% |
The need for adaptable and flexible shipping solutions to hold various items is growing due to the North American e-commerce industry's exponential expansion. The size and shape flexibility of bags allows them to be used for a wide range of products, including electronics, home goods, and clothes and accessories found online.
With so many options for personalization, bags are an excellent way for companies to display their designs, logos, and content. Personalized bags function as a means of promoting brands and enhancing brand awareness and consumer interaction. American shipping supply businesses use bags as a marketing tool to stand out as the emphasis on branding and customer experience grows.
Suitable for a variety of products and industries, bags are versatile shipping supply options. In addition to food packaging, shipping supplies can be used for cosmetics, personal hygiene items, clothing, fashion accessories, and more. Because of their versatility, bags are a desirable packaging option for companies in various industries, which adds to their rising industry share.
| Leading End Use for Shipping Supplies in North America | Commercial |
|---|---|
| Total Value Share (2024) | 74.2% |
American shipping supply businesses are increasingly focusing on improving their supply networks to increase efficiency and save costs. This involves investing in high-quality shipping materials that can endure the rigors of transit, reduce product damage, and expedite logistics operations. As firms continue to prioritize supply chain optimization, the demand for commercial-grade shipping supplies also expands.
The expansion of small and medium-sized businesses, notably in the e-commerce industry, has increased commercial demand for shipping goods. Small and medium-sized enterprises rely largely on low-cost packaging solutions to compete with larger merchants and effectively fulfill consumer orders. The availability of shipping supplies and packing materials allows SMEs to participate and prosper in a competitive environment.
Demand in the commercial sector fluctuates seasonally, especially during the festive season. Businesses enhance their shipping operations at these times to meet increasing client demand. Furthermore, promotional activities and marketing initiatives can temporarily increase demand for shipping materials as firms try to fulfill customer demand and capitalize on sales possibilities.
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| Countries | Projected CAGR (2024 to 2034) |
|---|---|
| Canada | 0.9% |
| United States | 1.6% |
The sales of shipping supplies in Canada are predicted to rise at a 0.9% CAGR through 2034.
The Canadian government's commitment to sustainability and the circular economy influences the demand for shipping supplies. Businesses are required to use environmentally friendly packaging materials that comply with legal requirements and customer expectations for sustainable operations. The proliferation of sustainable packaging solutions in response to government efforts and consumer needs helps to drive the overall growth of the shipping supply industry.
Rationalizing international trade agreements, such as the Comprehensive Economic and Trade Agreement (CETA), improves Canada's trading connections. Increased global trade creates a demand for shipping supplies that serve various industries while adhering to trade agreement rules. The rise in commercial connections and alliances boosts the demand in Canada.
Canada's reliance on natural resource sectors, including forestry, mining, and power, creates particular packaging complications. Shipping materials must be built to resist harsh circumstances, safeguard items during transit, and comply with industry-specific requirements. The rise of these further fuels the demand for specialized shipping supplies designed specifically for natural resource businesses.
The demand for shipping supplies in North America is projected to surge at a 1.6% CAGR through 2034.
The development of B2B marketplaces and the growing popularity of dropshipping models create new opportunities for the shipping supply industry. Businesses that engage in B2B e-commerce and dropshipping hire third-party suppliers to deliver orders and handle logistics. This requires an abundance of goods to be shipped to meet the different needs of B2B sellers, such as customizable packaging, bulk ordering possibilities, and quicker fulfillment operations.
The expansion of direct-to-consumer (DTC) companies threatens traditional retail channels and increases demand for shipping supplies designed for online-first enterprises. DTC businesses value customer experience and brand distinction, necessitating packaging solutions that represent their identity and values.
With customized, environmentally friendly, and aesthetically pleasing package solutions that appeal to digital native customers, the shipping supplies industry is growing to fulfill the specific needs of direct-to-consumer (DTC) firms.
The shipping supplies industry in North America is competitive, with established industry titans engaging with a multitude of specialized companies, resulting in a dynamic and complex industry. Uline, Packaging Corporation of America (PCA), and International Paper are industry leaders due to their vast product portfolios, powerful distribution networks, and long-standing industry experience.
These main competitors demonstrate a strategic focus on delivering complete solutions, spanning from standard corrugated boxes to novel packaging materials, to meet the varying demands of businesses across various industries.
Recent Developments
| Attribute | Details |
|---|---|
| Estimated Industry Size in 2024 | US$ 24.2 billion |
| Projected Industry Size in 2034 | US$ 28.1 billion |
| Anticipated CAGR between 2024 to 2034 | 1.50% CAGR |
| Historical Analysis of Demand for Shipping Supplies in North America | 2019 to 2023 |
| Demand Forecast for Shipping Supplies in North America | 2024 to 2034 |
| Report Coverage | Industry Size, Industry Trends, Analysis of Key Factors influencing Shipping Supplies in North America, Insights on Global Players and their Industry Strategy in North America, Ecosystem Analysis of Local and Regional North America Manufacturers |
| Key Countries Analyzed while Studying Opportunities in Shipping Supplies in North America | United States, Canada, Mexico, Others |
| Key Companies Profiled | Uline, Packaging Corporation of America (PCA), International Paper, Sealed Air Corporation, WestRock, Staples, Inc., Veritiv Corporation, Berry Global Group, Inc. |
The expected CAGR for the industry is 1.50% until 2034.
The anticipated demand for shipping supplies in North America is projected to reach US$ 28.1 billion by 2034.
Sustainable packaging trends influence the demand for shipping supplies in North America.
Shipping supplies manufacturers in North America are emphasizing sustainability strategies.
Bags are highly popular in the industry.
1. Executive Summary 1.1. North America Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Product Life Cycle Analysis 3.5. Supply Chain Analysis 3.5.1. Supply Side Participants and their Roles 3.5.1.1. Manufacturer 3.5.2. Value Added and Value Created at Node in the Supply Chain 3.5.3. List of Raw Material Suppliers 3.5.4. List of Existing and Potential Buyer’s 3.6. Investment Feasibility Matrix 3.7. Value Chain Analysis 3.7.1. Profit Margin Analysis 3.8. PESTLE and Porter’s Analysis 3.9. Regulatory Landscape 3.9.1. By Key Regions 3.9.2. By Key Countries 3.10. Regional Parent Market Outlook 3.11. Production and Consumption Statistics 3.12. Import and Export Statistics 4. Market Analysis 2019 to 2023 and Forecast, 2024 to 2034 4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2019 to 2023 4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2024 to 2034 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Material 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Material, 2019 to 2023 5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Material, 2024 to 2034 5.3.1. Plastic 5.3.1.1. Polyethylene (PE) 5.3.1.2. Polypropylene (PP) 5.3.1.3. Polyethylene Terephthalate (PET) 5.3.1.4. Polyvinyl Chloride (PVC) 5.3.1.5. Others 5.3.2. Paper & Paperboard 5.3.3. Metal 5.3.4. Wood 5.4. Y-o-Y Growth Trend Analysis By Material, 2019 to 2023 5.5. Absolute $ Opportunity Analysis By Material, 2024 to 2034 6. Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Packaging Format 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Packaging Format, 2019 to 2023 6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Packaging Format, 2024 to 2034 6.3.1. Corrugated Boxes 6.3.2. Folding Cartons 6.3.3. Bags 6.3.4. Crates 6.3.5. Drums & Barrels 6.3.6. Straps 6.3.7. IBCs 6.3.8. Mailers & Envelopes 6.3.9. Wraps 6.3.10. Labels 6.3.11. Tapes 6.4. Y-o-Y Growth Trend Analysis By Packaging Format, 2019 to 2023 6.5. Absolute $ Opportunity Analysis By Packaging Format, 2024 to 2034 7. Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By End Use 7.1. Introduction / Key Findings 7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By End Use, 2019 to 2023 7.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By End Use, 2024 to 2034 7.3.1. Commercial 7.3.1.1. E-commerce Companies 7.3.1.2. Courier Service Companies 7.3.2. Institutional 7.3.2.1. Financial Institutions 7.3.2.2. Academic Institutions 7.3.2.3. Government Organizations 7.4. Y-o-Y Growth Trend Analysis By End Use, 2019 to 2023 7.5. Absolute $ Opportunity Analysis By End Use, 2024 to 2034 8. Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 8.1. Introduction 8.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Country, 2019 to 2023 8.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Country, 2024 to 2034 8.3.1. USA 8.3.2. Canada 8.3.3. Mexico 8.3.4. Rest Of North America 8.4. Market Attractiveness Analysis By Country 9. USA Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region 9.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023 9.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034 9.2.1. By Region 9.2.2. By Material 9.2.3. By Packaging Format 9.2.4. By End Use 9.3. Market Attractiveness Analysis 9.3.1. By Region 9.3.2. By Material 9.3.3. By Packaging Format 9.3.4. By End Use 9.4. Key Takeaways 10. Canada Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region 10.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023 10.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034 10.2.1. By Region 10.2.2. By Material 10.2.3. By Packaging Format 10.2.4. By End Use 10.3. Market Attractiveness Analysis 10.3.1. By Region 10.3.2. By Material 10.3.3. By Packaging Format 10.3.4. By End Use 10.4. Key Takeaways 11. Mexico Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region 11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023 11.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034 11.2.1. By Region 11.2.2. By Material 11.2.3. By Packaging Format 11.2.4. By End Use 11.3. Market Attractiveness Analysis 11.3.1. By Region 11.3.2. By Material 11.3.3. By Packaging Format 11.3.4. By End Use 11.4. Key Takeaways 12. Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023 12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034 12.2.1. By Country 12.2.2. By Material 12.2.3. By Packaging Format 12.2.4. By End Use 12.3. Market Attractiveness Analysis 12.3.1. By Country 12.3.2. By Material 12.3.3. By Packaging Format 12.3.4. By End Use 12.4. Key Takeaways 13. Market Structure Analysis 13.1. Competition Dashboard 13.2. Competition Benchmarking 13.3. Market Share Analysis of Top Players 13.3.1. By Regional 13.3.2. By Material 13.3.3. By Packaging Format 13.3.4. By End Use 14. Competition Analysis 14.1. Competition Deep Dive 14.1.1. DS Smith Plc 14.1.1.1. Overview 14.1.1.2. Product Portfolio 14.1.1.3. Profitability by Market Segments 14.1.1.4. Sales Footprint 14.1.1.5. Strategy Overview 14.1.1.5.1. Marketing Strategy 14.1.1.5.2. Product Strategy 14.1.1.5.3. Channel Strategy 14.1.2. Mondi Group 14.1.2.1. Overview 14.1.2.2. Product Portfolio 14.1.2.3. Profitability by Market Segments 14.1.2.4. Sales Footprint 14.1.2.5. Strategy Overview 14.1.2.5.1. Marketing Strategy 14.1.2.5.2. Product Strategy 14.1.2.5.3. Channel Strategy 14.1.3. Amcor Plc 14.1.3.1. Overview 14.1.3.2. Product Portfolio 14.1.3.3. Profitability by Market Segments 14.1.3.4. Sales Footprint 14.1.3.5. Strategy Overview 14.1.3.5.1. Marketing Strategy 14.1.3.5.2. Product Strategy 14.1.3.5.3. Channel Strategy 14.1.4. Sonoco Products Company 14.1.4.1. Overview 14.1.4.2. Product Portfolio 14.1.4.3. Profitability by Market Segments 14.1.4.4. Sales Footprint 14.1.4.5. Strategy Overview 14.1.4.5.1. Marketing Strategy 14.1.4.5.2. Product Strategy 14.1.4.5.3. Channel Strategy 14.1.5. WestRock Company 14.1.5.1. Overview 14.1.5.2. Product Portfolio 14.1.5.3. Profitability by Market Segments 14.1.5.4. Sales Footprint 14.1.5.5. Strategy Overview 14.1.5.5.1. Marketing Strategy 14.1.5.5.2. Product Strategy 14.1.5.5.3. Channel Strategy 14.1.6. Sealed Air Corporation 14.1.6.1. Overview 14.1.6.2. Product Portfolio 14.1.6.3. Profitability by Market Segments 14.1.6.4. Sales Footprint 14.1.6.5. Strategy Overview 14.1.6.5.1. Marketing Strategy 14.1.6.5.2. Product Strategy 14.1.6.5.3. Channel Strategy 14.1.7. International Paper Company 14.1.7.1. Overview 14.1.7.2. Product Portfolio 14.1.7.3. Profitability by Market Segments 14.1.7.4. Sales Footprint 14.1.7.5. Strategy Overview 14.1.7.5.1. Marketing Strategy 14.1.7.5.2. Product Strategy 14.1.7.5.3. Channel Strategy 14.1.8. Pregis LLC 14.1.8.1. Overview 14.1.8.2. Product Portfolio 14.1.8.3. Profitability by Market Segments 14.1.8.4. Sales Footprint 14.1.8.5. Strategy Overview 14.1.8.5.1. Marketing Strategy 14.1.8.5.2. Product Strategy 14.1.8.5.3. Channel Strategy 14.1.9. ProAmpac LLC 14.1.9.1. Overview 14.1.9.2. Product Portfolio 14.1.9.3. Profitability by Market Segments 14.1.9.4. Sales Footprint 14.1.9.5. Strategy Overview 14.1.9.5.1. Marketing Strategy 14.1.9.5.2. Product Strategy 14.1.9.5.3. Channel Strategy 14.1.10. Ferguson Box Company 14.1.10.1. Overview 14.1.10.2. Product Portfolio 14.1.10.3. Profitability by Market Segments 14.1.10.4. Sales Footprint 14.1.10.5. Strategy Overview 14.1.10.5.1. Marketing Strategy 14.1.10.5.2. Product Strategy 14.1.10.5.3. Channel Strategy 14.1.11. Volk Packaging Corporation 14.1.11.1. Overview 14.1.11.2. Product Portfolio 14.1.11.3. Profitability by Market Segments 14.1.11.4. Sales Footprint 14.1.11.5. Strategy Overview 14.1.11.5.1. Marketing Strategy 14.1.11.5.2. Product Strategy 14.1.11.5.3. Channel Strategy 14.1.12. Great Little Box Company Ltd. 14.1.12.1. Overview 14.1.12.2. Product Portfolio 14.1.12.3. Profitability by Market Segments 14.1.12.4. Sales Footprint 14.1.12.5. Strategy Overview 14.1.12.5.1. Marketing Strategy 14.1.12.5.2. Product Strategy 14.1.12.5.3. Channel Strategy 14.1.13. Express Packaging Inc. 14.1.13.1. Overview 14.1.13.2. Product Portfolio 14.1.13.3. Profitability by Market Segments 14.1.13.4. Sales Footprint 14.1.13.5. Strategy Overview 14.1.13.5.1. Marketing Strategy 14.1.13.5.2. Product Strategy 14.1.13.5.3. Channel Strategy 14.1.14. Western Container Corporation 14.1.14.1. Overview 14.1.14.2. Product Portfolio 14.1.14.3. Profitability by Market Segments 14.1.14.4. Sales Footprint 14.1.14.5. Strategy Overview 14.1.14.5.1. Marketing Strategy 14.1.14.5.2. Product Strategy 14.1.14.5.3. Channel Strategy 14.1.15. PAC Worldwide, Inc. 14.1.15.1. Overview 14.1.15.2. Product Portfolio 14.1.15.3. Profitability by Market Segments 14.1.15.4. Sales Footprint 14.1.15.5. Strategy Overview 14.1.15.5.1. Marketing Strategy 14.1.15.5.2. Product Strategy 14.1.15.5.3. Channel Strategy 15. Assumptions & Acronyms Used 16. Research Methodology
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Demand Analysis of Shipping Supplies in North America
