Collapsible Sleeve Containers Market Forecasts to 2028 – Global Analysis By Type (Metal Containers, Plastic Containers), Box Type (48 x 40 x 30", 48 x 40 x 34", 48 x 40 x 45"), Pallet Type, End User and By Geography
According to Stratistics MRC, the Global Collapsible Sleeve Containers Market is accounted for $4.84 billion in 2020 and is expected to reach $7.26 billion by 2028 growing at a CAGR of 5.2% during the forecast period. The rising demand for frozen and refrigerated foods and beverages, and raw materials innovations for sustainable bulk packaging solutions are the major factors propelling the market growth. However, high capital required for production & development facilities and environmental concerns are hampering the market growth.
Collapsible sleeve containers are flexible composite containers for the storage and dispensing of product formulations that usually have a pasty consistency. They may be made of metal or thermoplastic. Moreover, these containers are durable packaging options at enable easy stacking and storage processes when not being used. Warehousing is a largely space intensive sector. Costs are largely tied to the efficient utilization of the space available in a facility. Collapsible sleeve containers are durable packaging options at enable easy stacking and storage processes when not being used.
Based on pallet type, the customized pallet segment is going to have a lucrative growth during the forecast period owing to the efficiency of the sleeve pack, custom and easy-folding systems which allow optimal volume reduction. In recent years, customized pallets are garnering increased attention, and are more likely to retain their popularity even during the covid-19 pandemic. Amongst all metals, customized variants are likely to gain ground with the demand for cost and space effective rigid packaging solutions.
By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to the relatively lower production costs and pricing in the region. Asia pacific manufacturers are carrying out innovation in their packaging forms which is expected to spur the demand of the collapsible sleeve containers market in the region. India is a prominent country for collapsible sleeve container manufacturers, especially due to growing sales for varied food and consumer products such as cosmetics, automotive and pharmaceutical products. Approximately 50% of the packaging materials are plastic for the various components of collapsible sleeve containers in the region.
Some of the key players profiled in the Collapsible Sleeve Containers Market include Buckhorn Inc., CABKA Group, Corn-Pearl North America Inc., DS Smith plc, Enlightening Pallet Industry Co. Ltd., Prairie Plastics Holdings LLC, Rehrig Pacific Company Inc., Reusable Transport Packaging Inc., Ribawood S.A., RPP Containers, Schoeller Allibert Services B.V., Schuert Tectnologies LLC, Sohner Plastics LLC, and TranPak Inc.
Estimated Market Size in 2020:
USD 4.84 billion
Compound Annual Growth Rate (CAGR) from 2020 to 2028:
Predicted 2028 Value:
USD 7.26 billion
Tables, Graphs& Figures
Type, Box Type, Pallet Type, End User and Region
Core Drivers and Opportunities:
Restraining Factors & Market Threats:
• Metal Containers
• Plastic Containers
Box Types Covered:
• 48 x 40 x 30"
• 48 x 40 x 34"
• 48 x 40 x 45"
Pallet Types Covered:
• Block Pallet
• Stringer Pallet
• Customized Pallet
End Users Covered:
• Agriculture & Allied Industries
• Automotive and Machinery
• Building & Construction
• Chemical & Pharmaceuticals
• Consumer Goods
• Engineering Products
• Food & Beverage
• Textile & Handicraft
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Key Questions Answered In The Report
The Global Collapsible Sleeve Containers Market is majorly driven by rising demand for frozen and refrigerated foods and beverages, and lower costs of production.
The customized pallet segment is growing at a highest CAGR owing to the increased efficiency of the sleeve pack, custom and easy-folding systems which allow optimal volume reduction.
Asia Pacific dominated with a significant market share due to the factors such as relatively lower production costs & pricing and growing sales for varied food and consumer products across the region.
Europe market is growing at a highest CAGR owing to the higher price benchmarking in the region.
Key players in Collapsible Sleeve Containers Market include Buckhorn Inc., CABKA Group, Corn-Pearl North America Inc., DS Smith plc, Enlightening Pallet Industry Co. Ltd., Prairie Plastics Holdings LLC, Rehrig Pacific Company Inc., Reusable Transport Packaging Inc., Ribawood S.A., RPP Containers, Schoeller Allibert Services B.V., SchuertTectnologies LLC, Sohner Plastics LLC, and TranPak Inc.
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