Press release
Corrugated Handle Box Market 2024 Size, Share, Growth, Trend Analysis, Overview 2033
Corrugated Handle Box Market
The Business Research Company presents an extensive market research report on the "Corrugated Handle Box Global Market Report 2024," furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the Corrugated Handle Box industry. This report on Corrugated Handle Box market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The corrugated handle box market size has grown steadily in recent years. It will grow from $44.62 billion in 2023 to $46.47 billion in 2024 at a compound annual growth rate (CAGR) of 4.2%. The growth in the historic period can be attributed to rapid urbanization, modernization, and globalization, increased environmental awareness, growth of the e-commerce sector.The corrugated handle box market size is expected to see strong growth in the next few years. It will grow to $58.09 billion in 2028 at a compound annual growth rate (CAGR) of 5.7%.
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Key Market Players:
Reid Packaging, Allen Field Company Inc., Unicraft Industries, Guangzhou Bosing Paper Printing and Packaging Co. Ltd., GWP Group
Market Drivers:
According to the Corrugated Handle Box Market Report 2024 by The Business Research Company, The increase in online shopping will propel the growth of the corrugated handle box market going forward. 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. For instance, according to the National Association of Securities Dealers Automated Quotations (NASDAQ), an American stock exchange that manages global electronic securities trading, predicted that 95% of all purchases in the UK would be made through online platforms by 2040. Hence, the increase in online shopping is expected to drive the corrugated handle box market growth.
More information about the Global Corrugated Handle Box Market Report -
https://www.thebusinessresearchcompany.com/report/corrugated-handle-box-global-market-report
Market segments for Corrugated Handle Box include:
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
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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