According to SPER Market Research, the Corrugated Handle Box Market is estimated to reach USD XX billion by 2032 with a CAGR of XX%. Corrugated handle boxes are less expensive than other packing solutions. Perhaps this is why they are such a popular packing material for many e-commerce businesses. These bottles may be customised and are quite durable. They are used to pack and transport fragile products since they are sturdy and may have internal cushioning injected to preserve the fragile articles. They are accessible in a broad spectrum of sizes, shapes, designs, and patterns. This is done in order to avoid the things they transport from spilling, being damaged, or broken. When compared to other packaging solutions, the corrugated handle box can capable of self-large amounts of stuff while being light in weight and inexpensive.
Corrugated Handle Box Market Overview (2022-2032)
- Forecast CAGR (2022-2032): XX%
- Forecast Market Size (2032): XX billion
This box, which is frequently made of plastic, has a built-in handle for portability. Corrugated handle boxes are extremely durable and may be custom embossed to improve their look and use. This box requires an internal cushioning element, such as edge guards and crumpled inserts, to ensure the safety of delicate goods. The corrugated handle box is built and proportioned correctly to reduce leakage and storage area waste. This box is commonly used in the food industry, consumer items, fragrances and personal care, and product shipping. Since plastics contribute to disposal issues, producers are constructing eco-friendly corrugated handle boxes from of sustainable materials rather of plastics. The growing e-commerce sector is driving the global corrugated handle box market.
Impact of COVID-19 on the Corrugated Handle Box Market
COVID-19 has altered the course of history since its inception Previous Year. It's only one virus that's harmful at best and lethal at worst. Early on, governments recognised this. As a result, they implemented temporary containment and lockdowns. They were only ephemeral since they had a limited impact. As a result, several firms were forced to close or severely reduce their operations. This has a significant impact on many other businesses. The market benefited from COVID-19. Consumers were staying indoors more often, which encouraged e-commerce sales. Demand for corrugated handle boxes improved as well. The implementation of a range of regulations by governments throughout the world to combat the COVID-19 pandemic, such as the total shutdown of manufacturing plants, is projected to have an influence on the worldwide folding tackle container industry's growth.
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Corrugated Handle Box Market Key Segments Covered
The SPER Market Research report seeks to give market dynamics, demand, and supply forecasts for the years up to 2030. This report contains statistics on product type segment growth estimates and forecasts.
By Application:
- Retail
- Food and Beverages
By Material Type:
- Kraft Paper
- Container Board
- Corrugated Board
- Recycled Paper
By Capacity:
- 0 – 5 KG
- 5 – 25 KG
- 25 – 50 KG
- Above 50 KG
By End User:
- Agriculture
- Chemicals
- Pharma
- Personal Care
- Retail
By Region:
- Asia-Pacific
- Europe
- Middle East & Africa
- North America
- Latin America
The Asia-Pacific region's middle classes are similarly expanding rapidly. As their spending power grows, they demand that the products they make purchases be packed in safer and more durable packaging. Some countries, primarily India and China, have extraordinarily large populations.
Corrugated Handle Box Market Key Players:
The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; Allen Field Company, Inc. (US), CBS Packaging (United Kingdom), Guangzhou Bosing Paper Printing and packaging Co.Ltd (China), GWP Group (United Kingdom), Planet Paper Box GROUP Inc. (Canada), Reid Packaging (US), Riverside Paper Co. Inc. (US), Shanghai Forests Packaging Group Co. Ltd (China), , Unicraft (India), WH Skinner (UK).
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Corrugated Handle Box Market Future Trends
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Various factors are fuelling the global corrugated handle box market growth.
As per the recent MRFR market estimates, such factors include the booming e-commerce industry, rise in food franchise, growing inclination of the urban population towards takeaway food consumption, growing retail industry, increasing demand from food industry, increasing trend of food deliveries, demand for sustainable packaging solutions, increasing use during the COVID-19 pandemic, and the growing awareness about the advantages of corrugated handle box.
Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/8696Key PlayersThe prominent players profiled in the global corrugated handle box market report include Riverside Paper Co., Inc. (US), Planet Paper Box GROUP Inc. (Canada), Shanghai Forests Packaging Group Co., Ltd (China), CBS Packaging (United Kingdom), Allen Field Company, Inc. (US), WH Skinner (UK), GWP Group (United Kingdom), Unicraft (India), Reid Packaging (US), and Guangzhou Bosing Paper Printing and packaging Co., Ltd (China), among others.
The corrugated handle box market is highly fragmented and competitive in nature with the presence of several well-established domestic and international players.
By material, the global corrugated handle box market is segmented into molded fiber pulp, recycled paper, corrugated board, containerboard, kraft paper, and others.
Of these, the APAC region will reign the market over the forecast period for the booming e-commerce sector and growing retail industry in India and China.
