Rigid Sleeve Boxes Market Poised for Significant Expansion: Anticipates an Incremental Opportunity of Over US$ 5.5 Billion by 2032

The global rigid sleeve boxes market is on track to achieve a valuation of US$ 4 billion by 2022, with an anticipated incremental opportunity surpassing US$ 5.5 billion by the end of 2032. The growing preference among consumers for luxury packaging solutions is a key driver propelling the demand for rigid sleeve boxes, expected to expand at a Compound Annual Growth Rate (CAGR) of 4% to 5% from 2022 to 2032. Rigid sleeve boxes, also known as belly band boxes or set up boxes, are distinguished by their high-end design, sliding out from their covers to add a touch of uniqueness to products.

The market offers a wide array of rigid sleeve boxes, including hinged lids, slipcases, drawer boxes, and detachable lids. Renowned for their sturdiness, these non-collapsible boxes provide excellent protection to delicate consumables, electronics, and retail items. With the luxury packaging trend on the rise, the demand for these aesthetically pleasing and durable packaging solutions is anticipated to drive substantial growth in the rigid sleeve boxes market over the forecast period.

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These boxes are more sturdy and non-collapsible or foldable, which helps them safeguard delicate consumer, electronic, and retail goods.

This Rigid Sleeve Boxes market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Rigid Sleeve Boxes market.

Market Overview: 

Rigid sleeve boxes, also called as set up boxes are the high end luxury packaging boxes. Rigid sleeve boxes are sturdier and are not collapsible or foldable, hence it helps to protect delicate gadgets, consumable products and other retail products. The sleeves added in the rigid box enhances product presentation in more effective way. The sleeves in the boxes offers premium quality for supporting tamper free transportation.

High end technological revolution in packaging sector, encouraging to many small and local manufactures to enter in the market of rigid sleeve boxes manufacturing. The sleeve boxes are multi-purpose and easily customizable as per the requirement, which boost the global market. The corrugated boxes with different lamination and coatings - matt, glossy or metallic, are dominating in the market of rigid sleeve boxes. The role of rigid sleeve boxes packaging is increasing rapidly due to e commerce and digitalization. It is witness that the growth of rigid sleeve boxes market will increasing exponentially during forecast period.

Market Dynamics:

The global market of rigid sleeve boxes is driven by ease of product handling due to separate compartments and sleeves. The rigid sleeve boxes are versatile and the ecofriendly material reduces carbon content in the atmosphere. The process of embossing, debossing or window patching helps the companies for branding. All these benefits are responsible for driving the global market of rigid sleeve boxes. Many industries have increasing preference of rigid sleeve boxes for packaging due to its flexibility.

The Technology advancement in many sectors gives push to global market of rigid sleeve boxes packaging, and high demand for packaging of sweets and confectionery food products increasing opportunities for these boxes in multiples. With the increase in electronics and electrical products, rigid sleeves boxes market is expected to grow further. However, the global market of rigid sleeve boxes might slow down due to plastic use regulations in few countries.

Regional Outlook:

The global market of rigid sleeve boxes is expected to grow exponentially due to massive urbanization and disposable income of people. China and India are emerging economies which adds potential growth to rigid sleeves boxes market. North America is leading in manufacturing of rigid sleeve boxes which results in well-established market. Hence, the current growth rate of this market is relatively low. However it is expected that, increasing number of supermarkets and hyper markets will give more opportunities for ridged sleeve boxes market. Due to packaging material regulations especially for the use of plastics in Europe, the growth of plastic made rigid sleeve boxes might slow down. However, this regulation has positive impact on cardboard and paper made sleeve boxes. The other regions like Middle East & Africa and Oceania might give significant boost in rigid sleeve boxes market.

Key Players:

Bleubird packaging
Pak Factory
BlueBox Packaging
Brimar Packaging
Napco
Furong Box

Market Trends:

Taylor Box Company received rigid box of the year award 2018 in Paperboard Packaging Council (PPC) competition 2018.

The rigid sleeve boxes market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators, and governing factors, along with market attractiveness as per segment. The rigid sleeve boxes market report also maps the qualitative impact of various market factors on market segments and geographies.

Regional analysis includes -

North America
Latin America
Europe
South Asia
East Asia
Oceania
Japan

Rigid Sleeve Boxes Market: Segmentation

By Product Type,

Hinged lid
Detachable lid
Slide / Slipcases
Partial cover
Magnetic Lock
Others (Angle Boxes, and Drawer Boxes)

By Process,

Embossing
Debossing
Foil Stamping
Window Patching

By Material,

Paper and Cardboard
Plastic
Metal

By Application,

Retail Boxes
Die Cut Boxes
Display Boxes
Others

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By End Use,

Food and Beverages
Electric and Electronics
Cosmetics and Personal Care
Manufacturing
Pharmaceuticals and Health cares
Others ( Jewelry)

Report Highlights:

A detailed overview of the parent market
Changing market dynamics in the industry
In-depth segmentation of the rigid sleeve boxes market
The historical, current, and projected size of the rigid sleeve boxes market, regarding volume and value
Recent industry trends and developments
The competitive landscape in the rigid sleeve boxes market
Strategies for key players operating in the market and the products offered by them
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on the performance of the rigid sleeve boxes market
Must-have information for rigid sleeve boxes market players to sustain and enhance their market footprint

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This release was published on openPR.