February 12, 2025 10:00 ET | Source: Precedence Statistics Precedence Statistics
Ottawa, Feb. 12, 2025 (GLOBE NEWSWIRE) -- The global rigid box market size to hit USD 100.75 billion by 2034, growing from USD 83.92 billion in 2025, expanding at 2.08% CAGR from 2025 to 2034. A study published by Towards Packaging a sister firm of Precedence Statistics. childrens name stickers
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An Overview and Growth Potential of the Market
The rigid box market is an important segment of the packaging industry. Rigid boxes refer to packaging that is made from sturdier paperboard or cardboard. These boxes are used as secondary packaging for luxurious items, such as cosmetics, smart electronics, household equipment, and gifts. They offer excellent protection during handling and shipping and are resistant to collapse or fold. Consumer goods manufacturers increasingly use rigid boxes to protect goods against damage and reduce the risk of spoilage. Several brands rely on rigid boxes to provide enhanced protection for delicate products. These boxes enhance the visual appeal of products and help increase brand identity.
Rigid boxes have become popular across retail stores and e-commerce platforms due to their adaptable designs that drive better customer interactions. The market is experiencing significant growth since industries such as food & beverages, pharmaceuticals, personal care & cosmetics, and electronics demand robust packaging that provides excellent protection. As rigid boxes are known for their sturdiness and durability, they are in high demand as secondary packaging to protect consumer goods during shipping and storage. Moreover, rising advancements in packaging technologies and innovations in materials and coatings contribute to market expansion.
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Major Trends in the Rigid Box Market
North America’s Sustained Dominance in the Rigid Box Market: What till 2034?
North America dominated the market with the largest share in 2024. This is mainly due to the increased adoption of high-end and packaged consumer goods. There is a heightened penetration of online shopping, which increases the need for protective packaging options, contributing to regional market growth.
Moreover, Well-known international consumer goods companies operating in this region alongside established manufacturing facilities create significant opportunities for packaging manufacturers to innovate and develop customized packaging solutions. With the rising advancements in packaging technologies, packaging companies in this region are investing in automation systems to boost their production efficiency and meet the increasing demands. The availability of improved packaging materials and technology further contributes to market expansion. Regional players are making efforts to bring innovations to the market and meet consumers varying demands.
Rapid Industrialization to Support Market Growth in Asia Pacific
The rigid box market in Asia Pacific is expected to expand at the fastest rate in the coming years. This is mainly due to the increasing industrialization, particularly in emerging countries like India, China, and South Korea. As industries expand, the volume of goods being produced increases. This, in turn, boosts the need for robust, durable packaging solutions to deliver these goods safely. The rapid expansion of the food & beverage, pharmaceuticals, and personal care industries is significantly boosting the demand for rigid boxes for branding purposes.
With the rising consumer disposable income, the adoption of luxurious products is increasing. The rise of e-commerce further contributes to market expansion. Furthermore, machinery companies are developing innovative packaging technologies that support regional market growth.
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With the growing emphasis on sustainability, there is a high demand for green packaging solutions among consumer goods companies. Thus, packaging manufacturers are continuously developing and launching rigid boxes made from sustainable or recyclable materials to attract eco-conscious consumers. In addition, governments of various nations have imposed strict regulations to reduce packaging waste. This encourages many brands to use biodegradable and recyclable packaging solutions. Moreover, the rising demand for customized packaging creates immense opportunities in the market. Several brands prefer customized rigid boxes to boost brand image and enhance consumer experience.
Some of the key players competing in the rigid box market are Earth India, CanPac, International Paper Company, Mondi Group Plc, Metsa Board, Bee Packaging, Tat Seng Packaging Group Ltd., Stora Enso Oyj, Smurfit Kappa Group Plc, Shillington Box Co., LLC, Great Little Box Company Ltd., Georgia Pacific LLC, LRBM Luxury Rigid Box Manufacturers, WestRock, Oji Holdings, Crown Holdings, Packaging Corporation of America, DS Smith, Veritiv Corp (Veritiv), Sealed Air, Sonoco. These players are making efforts to bring innovations to the market to stay ahead of the competition.
Recent Developments in the Market
Segments Covered in the Report
Review the Full TOC for the Rigid Box Market Report: https://www.towardspackaging.com/table-of-content/rigid-box-market-sizing
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