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Corrugated Handle Box Market 2023 - By Share, Size, Trend, Demand, Analysis By Top Leading Players And Forecast Till 2032
Corrugated Handle Box Market
The Business Research Company's Corrugated Handle Box Global Market Report 2023 identifies increase in online shopping as the major driver for the Corrugated Handle Box market's growth in the forecast period. Online shopping allows consumers to buy goods or services over the Internet using a web browser. Corrugated handle boxes are used by online retailers as storage or transit containers. These boxes can be used for everything from functional to ornamental purposes.
The global corrugated handle box market size grew from $42.3 billion in 2022 to $43.4 billion in 2023 at a compound annual growth rate (CAGR) of 2.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the corrugated handle box is expected to grow to $49.48 billion in 2027 at a CAGR of 3.3%.
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Major competitors in the Corrugated Handle Box market are Reid Packaging, Allen Field Company Inc., Unicraft, Guangzhou Bosing Paper Printing and Packaging Co. Ltd.
A key trend in the Corrugated Handle Box market includes product innovation. Major companies operating in the corrugated handle box sector are focusing on efficient and innovative packaging and shipping systems to improve the functionality, durability, and convenience of the shipping process and ensure easy monitoring of packages. For instance, in April 2020, Samsung Electronics, a South Korea-based electronics company, launched a new eco-friendly cardboard packaging across its Lifestyle TV product portfolio. The packaging is made from corrugated cardboard and is equipped with a manual that can be accessed by scanning the QR code on the box.
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The Corrugated Handle Box market is segmented -
• By Material: Kraft Paper, Container Board, Corrugated Board, Recycled Paper, Molded Fiber Pulp, Other Materials
• By Printing Technology: Digital Printing, Flexography Printing, Lithography Printing
• By End User: Agriculture, Chemicals, Food And Drink, Pharma, Personal Care, Retail, Other End Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Corrugated Handle Box market.
The Business Research Company's "Global Corrugated Handle Box Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Corrugated Handle Box Market Include:
1. Executive Summary
2. Corrugated Handle Box Market Characteristics
3. Corrugated Handle Box Market Trends And Strategies
4. Corrugated Handle Box Forwarding Market - Macro Economic Scenario
5. Corrugated Handle Box Market Size And Growth
…………………………………..
26. Africa Corrugated Handle Box Market
27. Corrugated Handle Box Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Corrugated Handle Box Market
29. Corrugated Handle Box Market Future Outlook and Potential Analysis
30. Appendix
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