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Rigid Box Packing Market Share, Opportunities, Industry 2031
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Rigid Box Packing Market Share, Opportunities, Industry 2031

Segments - Rigid Box Packing Market by Materials (Plastic, Metal, Paper, Fabric, Paperboard, and Wood), Box Lids (Telescope and Hinged), Applications (Food & Beverage, Pharmaceuticals and Consumer Goods), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

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Author : Riddhesh Dani
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Fact-checked by : Harneet Meher
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Editor : Shruti Bhat

Upcoming | Report ID :MC-939 | 4.8 Rating | 67 Reviews | 130 Pages | Format : PDF Excel PPT

Report Description


Rigid Box Packing Market Outlook

The global rigid box packing market size was valued at around USD 412.7 Billion in 2022 and is projected to reach around USD 662.52 Billion by 2031, expanding at a CAGR of 5.4% during the forecast period, 2023–2031. The growth of this market is attributed to the rise in the applications in electronics, personal care, pharmaceuticals, and food & beverage industry.

Rigid boxes are made with a strong paperboard. They come in many sizes as per requirements. They are widely known as the ‘set up’ boxes. These types of boxes are used in many industries such as pharmaceuticals, food & beverage, cosmetics, technology, and others.

Rigid boxes are durable, sturdy, aesthetic and have a smooth surface. Some rigid boxes have magnetic closure to secure packed products. The boxes are heavy due to their rigid nature. They require a lot of space for storage. The cost of rigid boxes varies according to its size and material.

Rigid Box Packing Market Outlook

  • Aluminium is widely used in making containers for the cosmetics and beverages industry owing to its durability and strength. Rise in the use of metal containers and cans is witnessed in the cosmetics and beverages industry. Nowadays, glass is commonly used in rigid packing industries. These factors tend to augment the market.
  • Surge in demand for industrial wholesale packing is anticipated to drive market growth.
  • Rigid box packing makes it easier to handle and transport goods, provides isolated storage environment for vulnerable goods, and ensures spill-proof packing which propels the market.
  • Consumer preference to flexible packing, which gives economical and customizable options hinders market growth. Moreover, stringent rules and regulations against the use of plastic have made it difficult for the industry to flourish.
  • The consistent rise in the disposable income of developing countries augments the demand for consumer goods and logistics industry, creating a vast opportunity for this market to grow. The increase in size of food & beverages market is anticipated to create large demand for long-term food storage.
  • The upcoming trend of sustainable packing, which is also known as green packing has increased the demand for materials such as bioplastics in this market. This trend is expected to continue in the forecast period.
  • Exponential rise in the e-commerce industry due to COVID-19. One of the most important components of this industry is packing. All the goods must be delivered to the consumers without any damage. This factor has given rise to a huge opportunity in the rigid box packing market.
  • Stringent rules and regulations against the use of plastics as a raw material for rigid boxes which is estimated to restrict the growth of this market.

Scope of Rigid Box Packing Market Report

The report on the rigid box packing market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Base Year

2022

Historic Data

2016–2021

Forecast Period

2023–2031

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Rigid Box Packing Market Segment Insights

Material Segment Analysis

On the basis of material, the rigid box packing market is divided into plastic, metal, paper, fabric, paperboard, and wood. The paperboard boxes are made up of thick paper sheets used for packing. They use overlaid embellished paper for aesthetics. The rise in use of these boxes in the food & beverage industry is expected to create an explicit opportunity of around US$ 550 Mn in coming years.

Rigid Box Packing Market Materials

Box Lids Segment Analysis

In terms of box lids, the market is segmented into telescopic and hinged. The boxes which have separate lids are telescopic. They are further divided into full telescopes and partial telescopes. Boxes that have attached lids are called as hinged boxes. They are mostly used in packing cosmetics and consumer electronics.

Applications Segment Analysis

Based on applications, the rigid box packing market is trifurcated into food & beverage, pharmaceuticals, and consumer goods. Rigid boxes are most commonly used in packing of the consumer goods, which includes cosmetics, pens, cleaning products, watches, mobile phones, and others. The consumption of these goods has seen a sharp rise in developing countries, prompting a large demand for rigid boxes.

Rigid Box Packing Market Applications

Regional Analysis

On the basis of regions, the global rigid box packing market is divided into Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific holds a large market share and is anticipated to expand at a robust CAGR in the forecasted period. This is attributed to the growth of pharmaceutical, e-commerce, and food & beverage industries.

Rigid Box Packing Market Region

Segments

The global rigid box packing market has been segmented on the basis of

Materials

  • Plastic
  • Metal
  • Paper
  • Fabric
  • Paperboard
  • Wood

Box Lids

  • Telescope
  • Hinged

Applications

  • Food & Beverage
  • Pharmaceuticals
  • Consumer Goods

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • Robinson Plc
  • McLaren Packaging Ltd
  • DS Smith
  • PakFactory
  • Madovar Packaging LLC.
  • Burt Rigid Box
  • Elegant Packaging
  • Elite Marking Systems
  • Vivabox Solutions
  • Bigso Box Of Sweden
  • JOHNSBYRNE
  • K Joshi & Company
  • The Custom Luxury Packaging Experts
  • ASIA KOREA PRINTING INC.
  • Bell Printers
  • Bell Printers
  • Taylor Box Company

Competitive Landscape

The key market players in this market are Robinson Plc, McLaren Packaging Ltd, DS Smith, PakFactory, Madovar Packaging LLC., Burt Rigid Box, Elegant Packaging, Elite Marking Systems, Vivabox Solutions, Bigso Box Of Sweden, JOHNSBYRNE, K Joshi & Company, The Custom Luxury Packaging Experts, ASIA KOREA PRINTING INC., Bell Printers, Bell Printers, and Taylor Box Company.

Rigid Box Packing Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Rigid Box Packing Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Rigid Box Packing Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Rigid Box Packing Market - Supply Chain
  4.5. Global Rigid Box Packing Market Forecast
     4.5.1. Rigid Box Packing Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Rigid Box Packing Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Rigid Box Packing Market Absolute $ Opportunity
5. Global Rigid Box Packing Market Analysis and Forecast by Applications
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Applications
     5.2.2. Y-o-Y Growth Projections by Applications
  5.3. Rigid Box Packing Market Size and Volume Forecast by Applications
     5.3.1. Food & Beverage
     5.3.2. Pharmaceuticals
     5.3.3. Consumer Goods
  5.4. Absolute $ Opportunity Assessment by Applications
  5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Rigid Box Packing Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Rigid Box Packing Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Rigid Box Packing Demand Share Forecast, 2019-2026
7. North America Rigid Box Packing Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Rigid Box Packing Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Rigid Box Packing Market Size and Volume Forecast by Applications
     7.4.1. Food & Beverage
     7.4.2. Pharmaceuticals
     7.4.3. Consumer Goods
  7.5. Basis Point Share (BPS) Analysis by Applications
  7.6. Y-o-Y Growth Projections by Applications
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Rigid Box Packing Demand Share Forecast, 2019-2026
8. Latin America Rigid Box Packing Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Rigid Box Packing Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Rigid Box Packing Market Size and Volume Forecast by Applications
     8.4.1. Food & Beverage
     8.4.2. Pharmaceuticals
     8.4.3. Consumer Goods
  8.5. Basis Point Share (BPS) Analysis by Applications
  8.6. Y-o-Y Growth Projections by Applications
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Rigid Box Packing Demand Share Forecast, 2019-2026
9. Europe Rigid Box Packing Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Rigid Box Packing Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Rigid Box Packing Market Size and Volume Forecast by Applications
     9.4.1. Food & Beverage
     9.4.2. Pharmaceuticals
     9.4.3. Consumer Goods
  9.5. Basis Point Share (BPS) Analysis by Applications
  9.6. Y-o-Y Growth Projections by Applications
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Rigid Box Packing Demand Share Forecast, 2019-2026
10. Asia Pacific Rigid Box Packing Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Rigid Box Packing Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Rigid Box Packing Market Size and Volume Forecast by Applications
     10.4.1. Food & Beverage
     10.4.2. Pharmaceuticals
     10.4.3. Consumer Goods
  10.5. Basis Point Share (BPS) Analysis by Applications
  10.6. Y-o-Y Growth Projections by Applications
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Rigid Box Packing Demand Share Forecast, 2019-2026
11. Middle East & Africa Rigid Box Packing Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Rigid Box Packing Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Rigid Box Packing Market Size and Volume Forecast by Applications
     11.4.1. Food & Beverage
     11.4.2. Pharmaceuticals
     11.4.3. Consumer Goods
  11.5. Basis Point Share (BPS) Analysis by Applications
  11.6. Y-o-Y Growth Projections by Applications
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Rigid Box Packing Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Rigid Box Packing Market: Market Share Analysis
  12.2. Rigid Box Packing Distributors and Customers
  12.3. Rigid Box Packing Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Robinson Plc
     12.4.2. McLaren Packaging Ltd
     12.4.3. DS Smith
     12.4.4. PakFactory
     12.4.5. Madovar Packaging LLC.
     12.4.6. Burt Rigid Box
     12.4.7. Elegant Packaging
     12.4.8. Elite Marking Systems
     12.4.9. Vivabox Solutions
     12.4.10. Bigso Box Of Sweden
     12.4.11. JOHNS

Methodology

Our Clients

General Mills
FedEx Logistics
Pfizer
Honda Motor Co. Ltd.
Deloitte
Microsoft
Nestle SA
Siemens Healthcare