North America And Europe Reusable Corrugated Boxes Market Size, Share, Report 2023-2032
The North America and Europe reusable corrugated boxes market was valued at USD 2.98 billion in 2022 and it is predicted to surpass around USD 6.11 billion by 2032 with a CAGR of 7.45% from 2023 to 2032.
Key Pointers
Report Scope of the North America And Europe Reusable Corrugated Boxes Market
| Report Coverage | Details |
| Market Size in 2022 | USD 2.98 billion |
| Revenue Forecast by 2032 | USD 6.11 billion |
| Growth rate from 2023 to 2032 | CAGR of 7.45% |
| Base Year | 2022 |
| Forecast Period | 2023 to 2032 |
| Market Analysis (Terms Used) | Value (US$ Million/Billion) or (Volume/Units) |
| Companies Covered | Mondi Group; Rengo Co., Ltd.; DS Smith; International Paper; sappi; Stora Enso; Trident Paper Box Industries; Packaging Corporation of America; WestRock Company; Packman Packaging; Smurfit Kappa; Cascades Inc.; Georgia-Pacific, LLC.; Nine Dragons Worldwide (China) Investment Group Co., Ltd; Kapco Packaging |
This market growth is attributed to their cost-effectiveness and high strength compared to that of recycled corrugated boxes. In addition, these boxes exhibit better durability and strength and provide higher protection than traditional cardboard boxes as they are manufactured from different flutes and wall construction (or thickness) combinations.
The U.S. market for reusable corrugated boxes is driven by the rising raw material prices required in the manufacturing of new corrugated boxes such as pulp, paper, and allied products consisting of lined and unlined corrugated paperboard in sheets and rolls. This has led several end-users to adopt reusable corrugated boxes for the transportation and shipment of bulk products. According to the U.S. Bureau of Labor Statistics, the producer price index (PPI) in the U.S. has risen from USD 218.4 million in April 2014 to USD 330.2 in April 2023.
The PPI measures the average change over time in selling prices received by domestic producers of goods and services. When the producers face input inflation, i.e., a rise in prices of raw materials and/or energy costs, the increase in prices of raw materials results in an increase in their production costs, which is further passed on to the suppliers and end-users.
Thus, the rising raw material prices and energy prices can drive end-use industries to consider reusable corrugated boxes as a suitable option to fulfill their packaging requirements and control the overall packaging cost in the U.S. markets. The reusable corrugated boxes provide cost savings and help fill in the demand-supply gap created by the shortage of new corrugated boxes. These factors are expected to propel the demand for the reusable corrugated boxes market in the country.
Type Insights
Based on type, the North America & Europe reusable corrugated boxes market is segmented into slotted boxes, telescope boxes, corrugated boxes, and folder boxes. Among these, the telescope boxes dominated the segment with a market share of over 45% in 2022 in terms of revenue. This growth is attributed to the boxes being extra thick and providing additional stacking ability and support for flat, long slender items, heavy items, and fragile products such as pipes, poles, water heaters, and kitchen crockery items.
The corrugated pallets segment is anticipated to grow at the fastest CAGR of 9.33% during the forecast period, owing to the corrugated pallets being considered a lightweight and cost-effective alternative to heavy wooden pallets in various end-use applications. Many landfills no longer accept wood pallets as they are difficult to dispose of. This has driven pallet manufacturers to develop reusable options as an alternative to wooden pallets, which can be further disposed of easily upon completing its service lifecycle. For instance, Green Label Packaging manufactures Ecodek Pallets, manufactured from 100% corrugated paper and assembled with "repulpable" F.D.A.-approved adhesive.
The rising demand for slotted-type corrugated boxes in packaging is driven by several box manufacturers developing slotted-type boxes complying with the edge crush test (ECT) and burst resistance strength test to increase the loading capacity of the slotted corrugated boxes. This further makes them suitable to be reused more than once. These boxes are mainly of four types: regular slotted cartons (RSC), half-slotted cartons (HSC), partial overlap (POL), complete overlap slotted cartons (FOL), and center slotted corrugated boxes. Out of these, regular slotted cartons account for a significant market share of slotted-type reusable corrugated boxes.
The demand for reusable folder corrugated boxes is driven by its primary application in transporting smaller products such as cosmetics, books, documents, and small-sized e-commerce products. These boxes comprise one or more pieces of the combined board, providing an unbroken surface that is scored to fold around the product. To enhance the box design, manufacturers add customizations to these boxes, such as handles and locks, as per the product requirement.
End-use Insights
Based on end-use, the North America & Europe market for reusable corrugated boxes is categorized into food & beverages, electronics, home & personal care, chemicals, textile goods, glassware & ceramics, paper products, e-commerce, and others. Among these, food & beverage held the largest market share of over 20% in 2022 in terms of revenue. This market growth is due to its utilization in the food & beverage industry for cost savings, supply chain efficiency, and sustainability.
Food & beverage manufacturers mainly receive shipments of food ingredients and packaging materials in sturdy and durable reusable corrugated boxes. These boxes are reused by food & beverage manufacturers for packaging and transportation purposes instead of being disposed of. For instance, Liviri, a U.S.-based wine bottle packaging manufacturer, uses reusable corrugated boxes for wine bottles for a cost-effective supply chain by reducing overall packaging expenses for wine manufacturers.
The e-commerce industry is expected to grow at the fastest CAGR of 10.74% over the forecast period. This is owing to the reusable boxes being considered the backbone of the supply chain in the e-commerce industry. This industry utilizes these boxes to ship fragile, delicate, or heavy products requiring secure and protective packaging. Several e-commerce platforms have shifted from traditional plastic packaging to reusable corrugated boxes to reduce packaging waste and landfills. For instance, in July 2022, Amazon.com, Inc. adopted reusable corrugated boxes as a part of its sustainability goals.
The demand for reusable corrugated boxes in the electronics industry is driven by their utilization to provide cushioning and protection to electronic products such as smartphones. Moreover, electronic manufacturers, such as SAMSUNG, prefer these reusable corrugated boxes as a part of their sustainability initiatives. This allows electronic manufacturers to enhance customer engagement and showcase their sustainability commitment to their customers. For instance, in April 2020, SAMSUNG introduced a new ‘eco-packaging’ made from eco-friendly corrugated cardboard for the packaging of Samsung television models, such as The Frame, The Serif, and The Sero.
North America And Europe Reusable Corrugated Boxes Market Segmentations:
By Type
By End-use
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on North America And Europe Reusable Corrugated Boxes Market
5.1. COVID-19 Landscape: North America And Europe Reusable Corrugated Boxes Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. North America And Europe Reusable Corrugated Boxes Market, By Type
8.1. North America And Europe Reusable Corrugated Boxes Market, by Type, 2023-2032
8.1.1. Slotted Boxes
8.1.1.1. Market Revenue and Forecast (2020-2032)
8.1.2. Telescope Boxes
8.1.2.1. Market Revenue and Forecast (2020-2032)
8.1.3. Folder Boxes
8.1.3.1. Market Revenue and Forecast (2020-2032)
8.1.4. Corrugated Pallets
8.1.4.1. Market Revenue and Forecast (2020-2032)
Chapter 9. North America And Europe Reusable Corrugated Boxes Market, By End-use
9.1. North America And Europe Reusable Corrugated Boxes Market, by End-use, 2023-2032
9.1.1. Food & Beverage
9.1.1.1. Market Revenue and Forecast (2020-2032)
9.1.2. Electronics
9.1.2.1. Market Revenue and Forecast (2020-2032)
9.1.3. Home & Personal Care
9.1.3.1. Market Revenue and Forecast (2020-2032)
9.1.4. Chemicals
9.1.4.1. Market Revenue and Forecast (2020-2032)
9.1.5. Textile Goods
9.1.5.1. Market Revenue and Forecast (2020-2032)
9.1.6. Glassware & Ceramics
9.1.6.1. Market Revenue and Forecast (2020-2032)
9.1.7. Paper Products
9.1.7.1. Market Revenue and Forecast (2020-2032)
9.1.8. E-commerce
9.1.8.1. Market Revenue and Forecast (2020-2032)
9.1.9. Others
9.1.9.1. Market Revenue and Forecast (2020-2032)
Chapter 10. North America And Europe Reusable Corrugated Boxes Market, Regional Estimates and Trend Forecast
10.1. North America
10.1.1. Market Revenue and Forecast, by Type (2020-2032)
10.1.2. Market Revenue and Forecast, by End-use (2020-2032)
Chapter 11. Company Profiles
11.1. Mondi Group
11.1.1. Company Overview
11.1.2. Product Offerings
11.1.3. Financial Performance
11.1.4. Recent Initiatives
11.2. Rengo Co., Ltd.
11.2.1. Company Overview
11.2.2. Product Offerings
11.2.3. Financial Performance
11.2.4. Recent Initiatives
11.3. DS Smith
11.3.1. Company Overview
11.3.2. Product Offerings
11.3.3. Financial Performance
11.3.4. Recent Initiatives
11.4. International Paper
11.4.1. Company Overview
11.4.2. Product Offerings
11.4.3. Financial Performance
11.4.4. LTE Scientific
11.5. sappi
11.5.1. Company Overview
11.5.2. Product Offerings
11.5.3. Financial Performance
11.5.4. Recent Initiatives
11.6. Stora Enso
11.6.1. Company Overview
11.6.2. Product Offerings
11.6.3. Financial Performance
11.6.4. Recent Initiatives
11.7. Trident Paper Box Industries
11.7.1. Company Overview
11.7.2. Product Offerings
11.7.3. Financial Performance
11.7.4. Recent Initiatives
11.8. Packaging Corporation of America
11.8.1. Company Overview
11.8.2. Product Offerings
11.8.3. Financial Performance
11.8.4. Recent Initiatives
11.9. WestRock Company
11.9.1. Company Overview
11.9.2. Product Offerings
11.9.3. Financial Performance
11.9.4. Recent Initiatives
11.10. Packman Packaging
11.10.1. Company Overview
11.10.2. Product Offerings
11.10.3. Financial Performance
11.10.4. Recent Initiatives
Chapter 12. Research Methodology
12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions
Chapter 13. Appendix
13.1. About Us
13.2. Glossary of Terms
Cross-segment Market Size and Analysis for
Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market DynamicsRegion Level Market Share Import Export AnalysisProduction AnalysisOthers