Adjustable Boxes Market: Global Industry Analysis and Forecast (2024-2030)
Adjustable Boxes Market size was valued at USD 42.37 Bn. in 2023 and the total Adjustable Boxes Market size is expected to grow at a CAGR of 4.42% from 2024 to 2030, reaching nearly USD 57.35 Bn. by 2030.
Format : PDF | Report ID : SMR_2014
Adjustable Boxes Market Overview
The adjustable boxes market refers to the part of the packaging industry where customizable or adaptable boxes for a variety of products’ sizes and shapes are manufactured. These boxes are used in many fields including food and beverages, healthcare products, consumer goods and e-commerce among others. The demand for adjustable boxes is growing due to the increasing need for customization in packaging and the rising popularity of e-commerce, which requires flexible packaging solutions. Additionally, the emphasis on sustainability and eco-friendliness in packaging materials is driving the adoption of adjustable boxes made from recycled and biodegradable materials.
The rise in customizable packaging demands and the increasing preference for digital trading options which require adaptable wrapping solutions are pushing up the need for adjustable boxes. Additionally, the move toward environmentally friendly packaging materials that are sustainable has spurred utilization of recycled or biodegradable adjustable boxes.
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Adjustable Boxes Market Dynamics
Many construction companies use adjustable boxes, also referred to as adjustable gang boxes or mud rings, in electrical installations. The ability of the box to be adjusted makes it very useful in the construction industry since not all walls have the same thickness, and if a standard electrical box is used, it might not sit flush with the wall, creating an aesthetic and safety problem.
The food industry, adjustable boxes are often used in the storage and transportation of food. These are designed to be durable and reusable; this makes them the perfect option for food product transportation and storage. The flexibility of the adjustable box is the primary advantage that is derived from using the box in the food industry. These boxes being modified to hold a variety of food items, which range from dairy products and fresh fruits to meat. They also be quickly deflated when not in use to free up important storage space in shipping facilities and warehouses. For this reason, the adjustable box made from a variety of materials, such as plastic, metal, and wood, to suit the needs of the food business.
Generally, the demand for adjustable boxes is on the rise globally due to increasing demand for eco-friendly and recyclable packaging, a growing adoption of e-commerce, and strong demand from diverse industries like food and beverage, retail, and healthcare. The demand for adjustable boxes is expected to increase in the coming years as more and more businesses look for affordable, eco-friendly, and flexible packaging.
One more thing that has also been driving the adjustable boxes market is the current shift towards a more personalized kind of packaging solution. In addition, there is an increasing demand from individuals who want custom-made packages that match their individual tastes or preferences. Adjusting boxes size wise or per shape, color, design etc., makes adjustable cartons more appealing to companies desiring to stand out in the market.
The economic downturn in a number of poor economies, particularly in Africa, tends to result in a sluggish upsurge in the sector producing adjustable boxes. Furthermore, the adjustable boxes market has suffered from outbreak and the attendant economic uncertainty across different sectors and extreme users.
Adjustable Boxes Market Segment Analysis:
Based on Type, the market is segmented into Adjustable electrical boxes, Adjustable shipping boxes, Adjustable rope boxes, and Adjustable cardboard boxes. In 2023 the sector for Adjustable shipping boxes Dominated market. E-commerce enterprises and other organizations that often send items of various sizes frequently employ adjustable shipping boxes. Adjustable shipping boxes are becoming more and more in demand as the e-commerce sector expands.
Adjustable Boxes Market Regional Insights:
The Asia Pacific adjustable boxes market size was valued at $15.2 billion and may develop further throughout the review period at a rate of 2.1%. This is because of the aging population and speedy expansion of the building and manufacturing industries in Asia-Pacific, China, and Japan. The expansion of e-commerce and online shopping in the Asia-Pacific area is another factor that brings impact on the demand for adjustable boxes. There is a high demand for packaging options that can keep the goods safe during delivery and are also affordable and easy to use since more and more people buy online. In general, the increasing focus on sustainability, along with the growth of e-commerce, will ensure that adjustable boxes increase in demand in the area over the next several years.
Booming construction sector in North America, which is driven by a host of variables including the general state of the economy, population expansion, and patterns in residential and commercial development, will support the need for adjustable boxes. North America has seen its construction industry rise with consistency over the past couple of years, especially in the United States and Canada. The adoption of new technology in the electrical sector is another matter that might have an impact on the need for adjustable boxes. The need for adjustable boxes that are able to accept more gadgets and wire can increase with the rise in the number of houses and structures constructed or remodeled to accommodate smart home technologies and other advanced electrical systems.
Adjustable Boxes Market Competitive Landscape
- Jan 2023 During an economically challenging year in 2022, ORBIS, an international manufacturer of reusable plastic packaging, has maintained its expansion on the European market.
- Jan 2023 SSI SCHAEFER was the general contractor for Work in Progress Taxiplanes GmbH's new logistics center in Weil am Rhein, which was outfitted with cutting-edge system technology (Carhartt WIP). The robust intralogistics solution from SSI SCHAEFER integrates the old and new systems effortlessly.
Adjustable Boxes Market Scope
Adjustable Boxes Market |
|
Market Size in 2023 |
USD 42.37 Bn. |
Market Size in 2030 |
USD 57.35 Bn. |
CAGR (2024-2030) |
4.42 % |
Historic Data |
2018-2022 |
Base Year |
2023 |
Forecast Period |
2024-2030 |
Segments |
By Type
|
By Material
|
|
By End User
|
|
Regional Scope |
North America- United States, Canada, and Mexico Europe – United Kingdom, France, Germany, Italy, Spain, Sweden, Russia, and Rest of Europe Asia Pacific – China, India, Japan, South Korea, Australia, ASEAN, Rest of APAC Middle East and Africa - South Africa, GCC, Egypt, Rest of the Middle East and Africa South America – Brazil, Argentina, Rest of South America |
Adjustable Boxes Market Key Players
- Reusable Transport Packaging
- Flexcon Container
- Orbis Corporation
- Schaefer Systems International
- Quantum Storage Systems
- Iris USA
- Edsal Manufacturing
- Lista International
- Durham Manufacturing
- Remcon Plastics
- Monoflo International
- Rengo Co., Ltd.
- DS Smith
- Smurfit Kappa Group
- International Paper
- WestRock
- Sonoco Products Company
- Mondi Group
- Nine Dragons Paper (Holdings) Limited
- XX Inc
Frequently Asked Questions
The economic downturn in a number of poor economies, particularly in Africa, tends to result in a sluggish upsurge in the sector producing adjustable boxes.
Adjustable Boxes Market size was valued at USD 42.37 Billion in 2023 and the total Adjustable Boxes Market size is expected to grow at a CAGR of 4.42 % from 2024 to 2030, reaching nearly USD 57.35 Billion by 2030.
Segments Covered are based on By Type, By Material, By End Use and by region.
1. Adjustable Boxes Market: Research Methodology
1.1. Research Data
1.1.1. Primary Data
1.1.2. Secondary Data
1.2. Market Size Estimation
1.2.1. Bottom-Up Approach
1.2.2. Top-Down Approach
1.3. Market breakdown and Data Triangulation
1.4. Assumptions
2. Adjustable Boxes Market: Executive Summary
2.1. Market Overview
2.2. Market Size (2023) and Forecast (2024 – 2030) and Y-O-Y%
2.3. Market Size (USD) and Market Share (%) – By Segments and Regions
3. Adjustable Boxes Market: Competitive Landscape
3.1. Stellar Competition Matrix
3.2. Key Players Benchmarking
3.2.1. Company Name
3.2.2. Headquarter
3.2.3. Product Segment
3.2.4. End-user Segment
3.2.5. Y-O-Y%
3.2.6. Revenue (2023)
3.2.7. Profit Margin
3.2.8. Market Share
3.2.9. Company Locations
3.3. Market Structure
3.3.1. Market Leaders
3.3.2. Market Followers
3.3.3. Emerging Players
3.4. Consolidation of the Market
3.4.1. Strategic Initiatives and Developments
3.4.2. Mergers and Acquisitions
3.4.3. Collaborations and Partnerships
3.4.4. Product Launches and Innovation
4. Adjustable Boxes Market: Dynamics
4.1. Market Trends by Region
4.1.1. North America
4.1.2. Europe
4.1.3. Asia Pacific
4.1.4. Middle East and Africa
4.1.5. South America
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Market Challenges
4.6. PORTER’s Five Forces Analysis
4.6.1. Intensity of the Rivalry
4.6.2. Threat of New Entrants
4.6.3. Bargaining Power of Suppliers
4.6.4. Bargaining Power of Buyers
4.6.5. Threat of Substitutes
4.7. PESTLE Analysis
4.7.1. Political Factors
4.7.2. Economic Factors
4.7.3. Social Factors
4.7.4. Technological Factors
4.7.5. Legal Factors
4.7.6. Environmental Factors
4.8. Technological Roadmap
4.9. Value Chain Analysis
4.10. Regulatory Landscape by Region
4.10.1. North America
4.10.2. Europe
4.10.3. Asia Pacific
4.10.4. Middle East and Africa
4.10.5. South America
5. Adjustable Boxes Market Size and Forecast by Segments (by Value USD Million)
5.1. Adjustable Boxes Market Size and Forecast, By Type (2023-2030)
5.1.1. Adjustable electrical boxes
5.1.2. Adjustable shipping boxes
5.1.3. Adjustable rope boxes
5.1.4. Adjustable cardboard boxes
5.2. Adjustable Boxes Market Size and Forecast, By Material (2023-2030)
5.2.1. Metal
5.2.2. Plastic
5.2.3. Wood
5.2.4. Cardboard
5.3. Adjustable Boxes Market Size and Forecast, By End User (2023-2030)
5.3.1. food sector
5.3.2. construction
5.3.3. logistics
5.3.4. electronic works
5.4. Adjustable Boxes Market Size and Forecast, by Region (2023-2030)
5.4.1. North America
5.4.2. Europe
5.4.3. Asia Pacific
5.4.4. Middle East and Africa
5.4.5. South America
6. North America Adjustable Boxes Market Size and Forecast (by Value USD Million)
6.1. North America Adjustable Boxes Market Size and Forecast, By Type (2023-2030)
6.1.1. Adjustable electrical boxes
6.1.2. Adjustable shipping boxes
6.1.3. Adjustable rope boxes
6.1.4. Adjustable cardboard boxes
6.2. North America Adjustable Boxes Market Size and Forecast, By Material (2023-2030)
6.2.1. Metal
6.2.2. Plastic
6.2.3. Wood
6.2.4. Cardboard
6.3. North America Adjustable Boxes Market Size and Forecast, By End User (2023-2030)
6.3.1. food sector
6.3.2. construction
6.3.3. logistics
6.3.4. electronic works
6.4. North America Adjustable Boxes Market Size and Forecast, by Country (2023-2030)
6.4.1. United States
6.4.2. Canada
6.4.3. Mexico
7. Europe Adjustable Boxes Market Size and Forecast (by Value USD Million)
7.1. Europe Adjustable Boxes Market Size and Forecast, By Type (2023-2030)
7.2. Europe Adjustable Boxes Market Size and Forecast, By Material (2023-2030)
7.3. Europe Adjustable Boxes Market Size and Forecast, By End User (2023-2030)
7.4. Europe Adjustable Boxes Market Size and Forecast, by Country (2023-2030)
7.4.1. UK
7.4.2. France
7.4.3. Germany
7.4.4. Italy
7.4.5. Spain
7.4.6. Sweden
7.4.7. Austria
7.4.8. Rest of Europe
8. Asia Pacific Adjustable Boxes Market Size and Forecast (by Value USD Million)
8.1. Asia Pacific Adjustable Boxes Market Size and Forecast, By Type (2023-2030)
8.2. Asia Pacific Adjustable Boxes Market Size and Forecast, By Material (2023-2030)
8.3. Asia Pacific Adjustable Boxes Market Size and Forecast, By End User (2023-2030)
8.4. Asia Pacific Adjustable Boxes Market Size and Forecast, by Country (2023-2030)
8.4.1. China
8.4.2. S Korea
8.4.3. Japan
8.4.4. India
8.4.5. Australia
8.4.6. Indonesia
8.4.7. Malaysia
8.4.8. Vietnam
8.4.9. Taiwan
8.4.10. Bangladesh
8.4.11. Pakistan
8.4.12. Rest of Asia Pacific
9. Middle East and Africa Adjustable Boxes Market Size and Forecast (by Value USD Million)
9.1. Middle East and Africa Adjustable Boxes Market Size and Forecast, By Type (2023-2030)
9.2. Middle East and Africa Adjustable Boxes Market Size and Forecast, By Material (2023-2030)
9.3. Middle East and Africa Adjustable Boxes Market Size and Forecast, By End User (2023-2030)
9.4. Middle East and Africa Adjustable Boxes Market Size and Forecast, by Country (2023-2030)
9.4.1. South Africa
9.4.2. GCC
9.4.3. Egypt
9.4.4. Nigeria
9.4.5. Rest of ME&A
10. South America Adjustable Boxes Market Size and Forecast (by Value USD Million)
10.1. South America Adjustable Boxes Market Size and Forecast, By Type (2023-2030)
10.2. South America Adjustable Boxes Market Size and Forecast, By Material (2023-2030)
10.3. South America Adjustable Boxes Market Size and Forecast, By End User (2023-2030)
10.4. South America Adjustable Boxes Market Size and Forecast, by Country (2023-2030)
10.4.1. Brazil
10.4.2. Argentina
10.4.3. Rest of South America
11. Company Profile: Key players
11.1. Reusable Transport Packaging
11.1.1. Overview
11.1.2. Product Segment
11.1.2.1. Product Name
11.1.2.2. Product Details (Price, Features, etc.)
11.1.3. Financial Overview
11.1.3.1. Total Revenue
11.1.3.2. Segment Revenue
11.1.3.3. Regional Revenue
11.1.4. SWOT Analysis
11.1.5. Strategic Analysis
11.1.6. Recent Developments
11.2. Flexcon Container
11.3. Orbis Corporation
11.4. Schaefer Systems International
11.5. Quantum Storage Systems
11.6. Iris USA
11.7. Edsal Manufacturing
11.8. Lista International
11.9. Durham Manufacturing
11.10. Remcon Plastics
11.11. Monoflo International
11.12. Rengo Co., Ltd.
11.13. DS Smith
11.14. Smurfit Kappa Group
11.15. International Paper
11.16. WestRock
11.17. Sonoco Products Company
11.18. Mondi Group
11.19. Nine Dragons Paper (Holdings) Limited
11.20. XX Inc
12. Key Findings
13. Industry Recommendations
13.1. Strategic Recommendations
13.2. Future Outlook