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.
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“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.
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