North America Heavy Duty Corrugated Packaging Market, By Product Type (Standard Boxes, Octabins, Vegetable Totes, Large Load Carriers (GLTS), Modular small Load Carriers (KLT), Pallet Boxes, Pop Displays, Others), Board Type (Single Wall Board, Double Wall Board, Triple Wall Board, Others), Capacity (Up To 100 LBS, 100-300 LBS and Above 300 LBS), Print Type (Printed, Non-Printed), Size (0-10 Inches, 10-20 Inches, 20-30 Inches, above 30 inches) End-User (Food and Beverages, Chemicals and Petrochemicals, Heavy duty corrugated, Electrical and Electronics, Homecare, Automotive, Glassware and Ceramics, Healthcare, Oil and Gas, Industrial and Other) – Industry Trends and Forecast to 2030.
North America Heavy Duty Corrugated Packaging Market Analysis and Size
Heavy duty corrugated boxes are durable materials that provide superior protection for bulky goods and allow for safe long-distance transport. Heavy duty corrugated packaging protects consumer electronics, automotive spare parts, semi-finished products, finished products, and bulk products during transport, storage, and handling and is an easy-to-assemble, easy-to-dispose packaging material.
Data Bridge Market Research analyses that the North America heavy duty corrugated packaging market was valued at USD 4,206.17 million in 2022 and is expected to reach the value of USD 6,857.30 million by 2030, at a CAGR of 6.30% during the forecast period of 2023 to 2030. “Food and Beverages” dominates the end-user segment of the North America heavy duty corrugated packaging market part owing to use of heavy-duty corrugated packaging to pack food products, including flour, sugar. It protects the contents from damage due to shocks and vibrations during transportation and storage. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
North America Heavy Duty Corrugated Packaging Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Tons, Pricing in USD
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Segments Covered
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Product Type (Standard Boxes, Octabins, Vegetable Totes, Large Load Carriers (GLTS), Modularsmall Load Carriers (KLT), Pallet Boxes, Pop Displays, Others), Board Type (Single Wall Board, Double Wall Board, Triple Wall Board, Others), Capacity (Up To 100 LBS, 100-300 LBS and Above 300 LBS), Print Type (Printed, Non-Printed), Size (0-10 Inches, 10-20 Inches, 20-30 Inches, above 30 inches) End-User (Food and Beverages, Chemicals and Petrochemicals, Heavy duty corrugated, Electrical and Electronics, Homecare, Automotive, Glassware and Ceramics, Healthcare, Oil and Gas, Industrial and Other)
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Countries Covered
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U.S., Canada, Mexico
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Market Players Covered
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Amcor plc (Australia), Dow (U.S.), Bemis Company, Inc. (U.S.), Westrock Company (U.S.), Sealed Air Corporation (U.S.), DS Smith (U.K.), Huhtamaki Oyj (Finland), Berry Plastic Corporation (U.S.), Ball Corporation (U.S.), Genpak, LLC (U.S.), Union packaging (U.S.), Robert Bosch GmbH (Germany), Tetra Pak International S.A. (Switzerland), Coesia S.p.A. (Italy)
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Market Opportunities
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Market Definition
Heavy duty corrugated boxes are a type of packaging box designed to meet the varying needs of the logistics industry when shipping products over long distances. These containers are commonly used as shipping containers. They are made of corrugated cardboard and come in three different grades based on their strength: single, double, and triple wall corrugated cardboard.
North America Heavy Duty Corrugated Packaging Market Dynamics
Drivers
- Increasing Import and Export Around the World
The global logistics industry is expected to grow rapidly as countries increase their export and import activities. The evolving logistics industry increases demand for long-lasting and reusable packaging products that can withstand heavy loads. Heavy-duty corrugated boxes are created to meet the varying needs of the logistics industry when shipping products over long distances. The ability to fold, dispose of easily, and absorb shocks during transportation are expected to be primary factors driving the market growth of the heavy-duty corrugated box market
- Increasing Adoption of Environmentally Friendly Packaging Solutions
With the rapid rise in global demand for environmentally friendly packaging solutions, heavy-duty corrugated boxes made of recycled material have emerged as the ideal solution for the packaging of most products in consumer goods, automotive, chemicals, and other industries. Increased plastic intolerance is expected to drive market demand for renewable and sustainable heavy-duty corrugated boxes. The use of recycled resources in manufacturing is expected to reduce energy consumption and the overall cost of heavy-duty corrugated boxes. It is estimated that recycled materials account for approximately 75% of the total heavy-duty corrugated box market
Opportunities
- Emerging Economies in Developing Countries
Emerging economies in developing countries are expected to play an important role in the growth of the heavy-corrugated box market because all industrial materials and machinery parts require proper packaging for safe product delivery, industrialization presents a significant growth opportunity for the heavy-duty corrugated boxes market. As a result of industrialization, the production of goods rises, and as a result, the demand for heavy-duty corrugated boxes rises as well. India and China are the APEJ's fastest-growing economies
Restraint/Challenge
- Stringent Regulations and Lack Of Awareness
Stringent regulations and a lack of awareness about the importance of sustainability in some emerging economies are expected to stymie market growth. During the forecast period, raw material price fluctuations are expected to pose a challenge to the heavy duty corrugated packaging market
Recent Development
- In February 2020, Smurfit Kappa Company has decided to invest USD 36.00 million in the Americas for corrugated packaging products. This update will help increase production capacity and revenue in the near future.
- In March 2019, WestRock Company decided to expand its portfolio of automated packaging systems by acquiring Linkx Packaging Systems. This update aided the company in increasing future revenue and production capacity
North America Heavy Duty Corrugated Packaging Market Scope
The heavy duty corrugated packaging market is segmented on the basis of product type, board type, capacity, print type, size and end-users. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
- Conventional Cocoon Production Standard Boxes
- Octabins
- Vegetable Totes
- Large Load Carriers (GLTS)
- Modularsmall Load Carriers (KLT)
- Pallet Boxes
- Pop Displays
- Others
Board Type
- Light Extracts Mulberry Silk Single Wall Board
- Double Wall Board
- Triple Wall Board
- Others
Capacity
- Up To 100 LBS
- 100-300 LBS
- Above 300 LBS
Print Type
- Printed
- Non-Printed
Size
- Printed 0-10 Inches
- 10-20 Inches
- 20-30 Inches
- above 30 inches
End-Users
- Printed 0-10 Inches Food and Beverages
- Chemicals and Petrochemicals
- Heavy duty Corrugated
- Electrical and Electronics
- Homecare
- Automotive
- Glassware and Ceramics
- Healthcare
- Oil and Gas
- Industrial
- Others
North America Heavy Duty Corrugated Packaging Market Regional Analysis/Insights
The heavy duty corrugated packaging market is analysed and market size insights and trends are provided by product type, board type, capacity, print type, size and end-users as referenced above.
The countries covered in the heavy duty corrugated packaging market report are U.S., Canada and Mexico.
The U.S. dominates the North American heavy duty corrugated packaging market due to the country's increasing demand for electrical and electronic products. Canada dominates the North American heavy duty corrugated packaging market due to increased import and export of automotive spare parts. Because of the country's growing heavy duty corrugated sector, which drives up demand for corrugated packaging in the region, Mexico dominates the North American heavy duty corrugated packaging market.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and up-stream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and North America Heavy Duty Corrugated Packaging Market Share Analysis
The North America heavy duty corrugated packaging market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the company’s focus related to North America heavy duty corrugated packaging market.
Some of the major players operating in the heavy duty corrugated packaging market are:
- Amcor plc (Australia)
- Dow (U.S.)
- Bemis Company, Inc. (U.S.)
- Westrock Company (U.S.)
- Sealed Air Corporation (U.S.)
- DS Smith (U.K.)
- Huhtamaki Oyj (Finland)
- Berry Plastic Corporation (U.S.)
- Ball Corporation (U.S.)
- Genpak, LLC (U.S.)
- Union packaging (U.S.)
- Robert Bosch GmbH (Germany)
- Tetra Pak International S.A. (Switzerland)
- Coesia S.p.A. (Italy)
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