What is the Projected Growth for the Global Corrugated Handle Box Market?
The corrugated handle box market has seen a steady growth rate in recent years. In 2024, the market had a worth of $46.17 billion which is estimated to increase to $48.09 billion in 2025, representing a compound annual growth rate (CAGR) of 4.2%. This growth in the historic period is largely attributed to the rapid urbanization, modernization, globalization, increased environmental awareness, and the growth of the e-commerce sector.
Furthermore, the market is projected to grow to $63.47 billion in 2029 with a CAGR of 7.2%. Factors such as evolving environmental regulations, increasing demand for eco-friendly packaging, the need for streamlined operations, increasing population, and emerging economies are set to drive the market’s future growth. Major trends for the forecast period include strategic collaborations, geographical expansion, advancements in manufacturing processes and technological solutions.
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What Factors are Driving the Corrugated Handle Box Market growth?
The increase in online shopping will propel the growth of the corrugated handle box market in the coming years. Online shopping enables consumers to purchase goods or services over the internet, and corrugated handle boxes are commonly used as shipping or storage containers by online retailers. Predictions by NASDAQ, a prominent global electronic securities trading exchange, indicate that by 2040, 95% of all purchases in the UK will be made through online platforms. This rise in online shopping is expected to significantly influence the growth of the corrugated handle box market.
What are the Segments of the Corrugated Handle Box Market?
The corrugated handle box market is segmented as follows:
1) By Material: Kraft Paper, Container Board, Corrugated Board, Recycled Paper, Molded Fiber Pulp, Other Materials.
2) By Printing Technology: Digital Printing, Flexography Printing, Lithography Printing.
3) By End User: Agriculture, Chemicals, Food And Drink, Pharma, Personal Care, Retail, Other End Users
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Who Are the Major Players in this Market?
Major companies operating in the corrugated handle box market include Reid Packaging, Allen Field Company Inc., Unicraft Industries, Guangzhou Bosing Paper Printing and Packaging Co. Ltd., GWP Group, W.H. Skinner, CBS Packaging, Riverside Paper Co., Rengo Co. Ltd., Mondi Group, DS Smith plc, Shanghai Forests Packaging Group Co. Ltd., Planet Paper Box Group Inc., Georgia-Pacific LLC, International Paper Company, Nine Dragons Paper (Holdings) Limited, Oji Holdings Corporation, Packaging Corporation of America, Smurfit Kappa Group, WestRock Company, Shanghai DE Printed Box, Shenzhen Tianya Paper Products Co. Ltd., Atlas Die LLC, Jamestown Container Companies, Landaal Packaging Systems, Mac Papers, Illinois Paper & Copier Co., Bay Cities, and Belmont Packaging.
What Trends Are Shaping the Corrugated Handle Box Market Landscape?
Companies in the corrugated handle box market are focusing on product innovation as a common trend. Areas of innovation include the manufacturing of corrugated cardboard boxes designed specifically for e-commerce shipments of medical devices. A case in point is DS Smith plc, a UK-based paper mill company, which launched its corrugated cardboard box in April 2022. This is a simpler form of packaging that provides excellent protection for medical devices.
What are the Biggest and Fastest-Growing Regions in the Corrugated Handle Box Market?
In 2024, Asia-Pacific was the largest region in the corrugated handle box market. The regions covered in the report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
What Does The Corrugated Handle Box Market Report 2025 Offer?
A corrugated handle box is used as a shipping or transportation container. It’s made of sheets of paper and cardboard containing three layers of material on the sides, namely an interior layer, an outside layer, and a middle layer. These boxes offer protection, durability, and cushioning for shipping and storing products and are biodegradable and can be recycled and reused. The Corrugated Handle Box Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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