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Transport Cases & Boxes Market: Latest Insights, Growth Rate, Future Trends And Forecast To 2033
Transport Cases & Boxes Market
As per the report, the transport cases & boxes market size has grown steadily in recent years. It will grow from $1.65 billion in 2023 to $1.73 billion in 2024 at a compound annual growth rate (CAGR) of 4.9%. The transport cases & boxes market size is expected to see steady growth in the next few years. It will grow to $2.04 billion in 2028 at a compound annual growth rate (CAGR) of 4.1%.
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Surge In Global Trade Boosts Demand For Transport Cases And Boxes Market
Rising global trade is expected to propel the growth of the transport cases and boxes market going forward. Global trade refers to the buying and selling of products and services by businesses abroad. Due to the proliferation of free trade agreements between countries and reduced tariffs and other barriers to trade the global trade is rising. The transports cases and boxes are essential tools for protecting goods during transportation and storage in global trade in shipping, storage, and organizing products and devices. For Instance, in December 2022, according to United Nations Conference on Trade and Development (UNCTAD), a Switzerland-based intergovernmental organization within the United Nations Secretariat, the value of global trade is projected to reach a record $32 trillion in 2022, trade in the goods increased by 10% to reach $25 trillion and services increased by 15% to reach $7 trillion in 2022. Therefore, the rising global trade is driving the growth of transport cases and boxes.
Product Advancements Redefining The Landscape Of Transport Cases And Boxes Market
Product Innovation is a key trend gaining popularity in the transport cases and boxes market. Major market players are concentrating their efforts on creating innovative products to strengthen their position. Lightweight and durable materials reduce the weight and size of shipments to save shipping costs and are profitable for businesses in the long term. For instance, in April 2022, Tower Cold Chain, a UK-based manufacturer of shipment containers, launched a robust lightweight handleable solution - KTEvolution, a container for pharmaceutical transport. It is a robust, reliable, and reusable cold chain solution that can be readily carried by one or two individuals and was created in response to customer demands. It provides 120+ hour thermal insulation without external power nor human intervention during transit and will be launched in 26-liter and 57-liter options.
The transport cases and boxes market covered in this report is segmented -
1) By Material: Plastic, Polyethylene, Polystyrene, Polyethylene Terephthalate (PET), Polyamide, Polypropylene, Metal, Aluminum, Steel, Leather, Other Materials
2) By Water proof feature: Water Proof, Non-Waterproof
3) By Application: Medical Equipment, Communication Equipment, Photography And Music Equipment, Automotive And Mechanical Parts And Mechanical Parts, Chemicals, Electronics And Semiconductor Components, Military Equipment, Other Applications
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Major companies operating in the transport cases & boxes market report are GT Line, Royal Case Company, Pelican Products Inc., Hisco Case Inc., B&W International, SKB Corporation Inc., Gator Cases Inc., Anvil Cases Inc., Parker Plastics Inc., ZERO Manufacturing Inc., Wilson Case Inc., Willard Packaging Co, Nanuk by Plasticase Inc., JELCO Inc., Canyonwest Cases LLC, Explorer Cases, Cases By Source Inc., Porta-Brace Inc., Chicago Case Company, C.H. Ellis Company Inc., BWH-Spezialkoffer GmbH, ZARGES Inc., Plasticase Inc., Gmöhling Transportgeräte GmbH, Procases Inc, Seahorse Protective Equipment Cases, Platt Cases, R.P. Luce & Company Inc., Gemstar Manufacturing, Case Technologies Inc., Fawic Packaging Systems, Custom Case Company Inc., Dorner Case Inc., Packaging Strategies Inc., New World Case Inc.
Contents of the report:
1. Executive Summary
2. Transport Cases & Boxes Market Report Structure
3. Transport Cases & Boxes Market Trends And Strategies
4. Transport Cases & Boxes Market - Macro Economic Scenario
5. Transport Cases & Boxes Market Size And Growth
…..
27. Transport Cases & Boxes Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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