The gable box market is on the rise due to its
affordability, convenience, and versatility. These boxes are
popular in the food and e-commerce industries, and the growing
demand for eco-friendly packaging is pushing a shift towards
sustainable materials. The market is expected to see significant
growth in Asia, particularly in
India (5% CAGR), China (4.9% CAGR), and Thailand (4.9% CAGR).
NEWARK, Del., May 13, 2024 /PRNewswire/ -- The packaging
industry in the last few years, especially after the pandemic, has
seen serious transformations. One of the most trending adoptions is
that of gable boxes. Gable containers are considered to be one of
the most viable options for packaging food products due to their
cost-effectiveness, ease of packaging, and simplicity of handling.
The global gable box market is expected to generate a total
value of USD 15,975.8 million
by the end of 2034, with a projected CAGR of 4.7% from 2024
to 2034.
The versatile and durable nature of gable containers has made
them a popular choice across a wide range of industries. In the
e-commerce sector, gable containers are widely preferred for
shipping and packaging products sold online, as well as for
delivering subscription box items on a daily basis. The reliability
and convenience offered by gable containers make them a go-to
solution for the e-commerce industry.
As of 2024, the market is valued at USD 10,092.5 million. With the increasing
demand for skincare products in countries like South Korea, China, and India, the gable box market is expected to
experience substantial growth in the coming years. In recent years,
the sustainability trend has become increasingly prevalent. More
and more consumers are opting for eco-friendly packaging solutions,
and this has pushed factory units to shift to sustainable materials
for gable boxes.
Download the Sample PDF report to explore key market
insights and trends:
https://www.futuremarketinsights.com/reports/sample/rep-gb-19593
"Companies should focus on providing customizable and
personalized gable box solutions that can help companies attract
and retain customers. They can also involve using eco-friendly
materials, reducing waste, and implementing sustainable
manufacturing and distribution practices", Ismail Sutaria (Lead Consultant, Packaging
and Materials at Future Market Insights,
Inc.).
Key Takeaways from the Market Study
- The paper segment dominates the global gable box market with a
share of 30% in 2024.
- Based on type, the double-sided gable box segment leads the
gable box market with a share of 23% in 2024.
- The gable box market in India
is anticipated to grow at a CAGR of 5% through 2034.
- The gable box market in Thailand is estimated to rise at a 4.9% CAGR
through 2034.
- The gable box market in China
has the potential to increase at 4.9% CAGR through 2034.
- The United States gable box
market is predicted to rise by 4.4% CAGR through 2034.
- The gable box market in the United
Kingdom is very likely to grow at a CAGR of 4.1% through
2034.
Competitive Landscape
- The gable container industry is highly competitive, with both
domestic and international companies competing for global
dominance.
- Domestic companies have a slight edge due to their better
understanding of local market trends, consumer preferences, and
cultural nuances.
- Domestic companies also benefit from shorter supply chains,
allowing them to adapt their production, distribution, and
marketing strategies more quickly.
- Some of the most prominent companies in the gable container
industry include WestRock Company, DS Smith, Smurfit Kappa Group,
and Georgia-Pacific LLC.
Recent Developments:
- Home Chef's Fried Chicken for Kroger got a makeover in
Dec. 2023 with a new paper gable box
design that includes venting holes and a window for freshness and
convenience.
Purchase now and gain full access to
the Gable Box Industry report, featuring comprehensive Market
Forecast, Company Share Analysis, Competition Intelligence, DROT
Analysis, Market Dynamics and Challenges, and Strategic Growth
Initiatives.
About the Author:
Ismail Sutaria (Lead
Consultant, Packaging and Materials at Future Market Insights,
Inc.) has over 8 years of experience in market research and
consulting in the packaging & materials industry. Ismail's
strength lies in identifying key challenges faced by the client and
offering logical and actionable insights to equip the clients with
strategic decision-making power.
Ismail has been an instrumental part of several transformational
consulting assignments. His key skills include competitive
benchmarking, opportunity assessment, macroeconomic analysis, and
business transformation advisory. Ismail is an MBA holder in
Marketing and has a Bachelor's Degree in Mathematics.
Ismail is a regular at industry conferences and expos and has
been widely covered in electronic and print media. He is a Speaker
at our upcoming Talk show - Rise of the Intelligent Packaging.
Ismail has been quoted in leading publications, including the
European Pharmaceutical Review and the European Adhesive Tape
Association.
Explore FMI's Extensive Coverage in the Packaging
Domain:
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and Other Products for 2024 to 2034. – Review and Request to
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Pouches, and Flat Top & Bottom Box Pouches, Forecast,
2023-2033. - Review and Request to Access the Sample
Report.
- Box Liners Market by HDPE, LDPE, LLDPE, and Other
Material Types, Forecast, 2023-2033. - Review and Request
to Access the Sample Report.
- Box Filling Machine Market by High-speed Fillers,
Semi-automatic Fillers, Manual
Fillers, Rotary Fillers, and Custom Box Fillers. - Review
and Request to Access the Sample Report.
- Box and Carton Overwrap Films Market by Material Type,
Film Type, Film Thickness, Coating Type, End Use, Sales Channel
& Region | Forecast 2023 to 2033. - Review and Request to
Access the Sample Report.
- Box and Carton Overwrapping Machines Market by Product
Type, End Use & Region | Forecast 2023 to 2033. - Review and
Request to Access the Sample Report.
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