12 Ago North America Corrugated Boxes Market Size, Demand, Trends, Forecast – 2024-2032 | IMARC Group
North America Corrugated Boxes Market Overview
Base Year: 2023
Historical Years: 2018-2023
Forecast Years: 2024-2032
Market Growth Rate: 1% (2024-2032)
Market Size in 2023: 47.7 Billion Sq. Meters
Market Forecast in 2032: 52.4 Billion Sq. Meters
According to the latest North America corrugated boxes market report by IMARC Group, the market size reached 47.7 Billion Sq. Meters in 2023. Looking forward, IMARC Group expects the market to reach 52.4 Billion Sq. Meters by 2032, exhibiting a growth rate (CAGR) of 1% during 2024-2032. The market is rapidly growing due to several key factors reshaping the industry.
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North America Corrugated Boxes Industry Trends and Drivers:
Major Market Drivers
- Rising Demand from E-commerce:
- Growth in online shopping is driving the need for efficient and durable packaging solutions.
- Corrugated boxes are preferred due to their strength, recyclability, and cost-effectiveness.
- Shift Towards Sustainable Packaging:
- Increasing awareness and preference for eco-friendly packaging solutions among consumers and businesses.
- Sustainable practices are enhancing the demand for corrugated boxes.
- Impact of the Food and Beverage Industry:
- The North American food and beverage industry is a significant contributor due to:
- Strict regulations on packaging safety and hygiene.
- The growing trend of convenience foods.
- Increased focus on product protection and shelf-life extension.
- The North American food and beverage industry is a significant contributor due to:
- Expansion of the Retail Sector:
- Rising consumer demand for packaged goods is crucial in driving market growth.
Market Trends Shaping Future Dynamics
- Integration of Digital Printing Technologies:
- Digital printing is being used to enhance packaging aesthetics and create personalized consumer experiences.
- It offers a cost-effective solution for branding and customization.
- Adoption of Smart Packaging:
- Smart packaging, including QR codes and RFID tags, is gaining traction for improved traceability and consumer engagement.
- Focus on Sustainability:
- There is an increased investment in eco-friendly materials and processes, such as:
- Recycled content.
- Water-based inks.
- Sustainable adhesives.
- There is an increased investment in eco-friendly materials and processes, such as:
- Demand for Lightweight and Flexible Packaging Solutions:
- Growing need for packaging that optimizes supply chains and reduces waste.
- Technological Advancements:
- Automation and advanced machinery are boosting production efficiency.
- Reduction in lead times and the ability to offer mass customization to meet e-commerce demands.
North America Corrugated Boxes Industry Segmentation:
The report has segmented the market into the following categories:
Market by Material Used
- Recycled Corrugates
- Virgin Corrugates
Market by End-Use
- Food Products and Beverages
- Paper Products
- Electrical and Electronic Goods
- Personal and Household Care Goods
- Chemicals
- Glassware and Ceramics
- Textile Goods
- Others
Market by Type
- Rigid Boxes
- Self-Erecting Boxes
- Telescope Boxes
- Slotted Boxes
- Others
Market by Wall Construction
- Single-Wall
- Double-Wall
- Triple-Wall
Market by Printing Technology
- Digital Printing
- Flexography Printing
- Lithography Printing
- Others
Key Regions Analysed
- United States
- Canada
- Mexico
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
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Key highlights of the Report:
- Market Performance (2018-2023)
- Market Outlook (2024-2032)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Strategic Recommendations
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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