Rigid Box Market Size, Production Cost, Volume & Supply Chain

Rigid Box Market Size to Hit USD 100.75 Billion by 2034

The rigid box market size to surge from USD 83.92 bn in 2025 to USD 93.14 bn by 2030, North America dominated the rigid box market in 2023 while Asia Pacific is expected to grow at a significant rate in the market during the forecast period.

Rigid Box Market Companies and Global Growth Insights

The global rigid box market size reached US$ 80.37 billion in 2023 and is projected to hit around US$ 100.75 billion by 2034, expanding at a CAGR of 2.08% during the forecast period from 2024 to 2034.

Rigid Box Market Revenue 2023-2034

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Due to rapid industrialization and as the global robust economic growth has increased disposable income and purchasing power, the demand for luxury goods with premium packaging increased, which is estimated to drive the growth of the rigid box market over the forecast period.

Major Key Insights of the Rigid Box Market

  • North America dominated the rigid box market in 2023.
  • Asia Pacific is expected to grow at a significant rate in the market during the forecast period.
  • By product, the slotted box segment dominated the market with the largest share in 2023.
  • By material, paper & paperboard segment is expected to grow at significant rate during the forecast period.
  • By end use, the food & beverages segment dominated the rigid box market in 2023.

Rigid Box Market: Luxury Packaging Experience

Rigid boxes are a type of packaging box manufactured of more durable, thicker cardboard, or paperboard material. They are made to be pre-assembled, which results in a strong, stable construction that is difficult to fold or collapse. High-end or luxury goods that require better protection and a superior presentation are usually packaged in rigid boxes. Products like electronics, jewellery, cosmetics, perfumes, and high-end consumer goods are frequently packaged in rigid boxes. Numerous printing and finishing choices, including as foil stamping, embossing, debossing, spot UV, and matte or gloss lamination, are available to customize them. As a result, the brand image is strengthened and increased brand recognition is possible.

Compared to other forms of packaging, rigid boxes have a number of benefits, including as superior presentation, sustainability, durability and protection, shelf appeal, and personalization. Considering of these advantages, rigid boxes are a common option for a variety of products that need to be presented elegantly and with a high degree of protection. In addition to its superior stability and luxurious feel, rigid packaging is a favoured option for some products. Because of this, in addition to set-up boxes, premium, or high-end packing, given its weight and cost.

8 Key Factors Driving Rigid Box Market Growth

  • The shift of the consumers towards sustainable and durable packaging solutions has risen use of biodegradable and recyclable materials in rigid boxes, driving environmentally conscious consumers.
  • The key players operating in the market are focused on adopting inorganic growth strategies like acquisition to develop rigid box is expected to drive the growth of the rigid box market over the forecast period.
  • Increasing launch of the high-end and sensitive pharmaceutical products has risen the demand of the rigid box for packaging purpose which is estimated to fuel the growth of the rigid box market over the forecast period.
  • Emerging markets and trends for rigid box packaging is expected to drive the growth of the market over the forecast period.
  • Increasing regulatory support to manufacture rigid box is estimated to drive the growth of the market over the forecast period.
  • Increasing in adoption of the advanced technology for the production of rigid box is estimated to drive the growth of the global rigid box market in the near future.
  • The key players operating in the market are focused on geographic expansion and launching their brand in other countries which is expected to drive the growth of the global rigid box market in the near future.
  • Increasing focus on cost reduction and production efficiency can drive the specialty market growth further.

How Can AI Improve the Rigid Box Industry?

AI has ability to significantly enhance the rigid box industry. Integration of AI with the tools utilized for manufacturing rigid box can help in innovation and designing efficient packaging by analyzing consumer choice and market trends, thereby improving aesthetics and functionality. AI has forecasting ability to analyze demand patterns, assisting manufacturers to optimize production schedules, reduce waste and manage discovery of rigid box more effectively. Machine learning algorithms can identify and inspect defects in rigid box packaging while manufacturing process, ensuring higher quality production and reducing the rate of faulty products.

The artificial intelligence has ability to enhance supply chain efficiency by predicting potential disruptions, improving procurement processes and optimizing logistics. The artificial intelligence-powered machine vision systems hold ability to automatically inspect defect in rigid box manufacturing process and even tiny defects at extremely high speeds with accuracy. Integration of the in the rigid box packaging system assists in creating personalized packaging solutions based on the data provided by the consumers, which will improve customer experiences and enable more focused marketing. By analysing the data, artificial intelligence (AI) can provide the most economical solutions for packaging design and production, cutting expenses while maximizing material consumption.

By providing useful insights regarding environmental effects and suggesting more materials and procedures, artificial intelligence (AI) can help in the development of eco-friendly packaging solutions. Automation powered by AI has the potential to improve overall efficiency by streamlining manufacturing procedures, accelerating production, and lowering human costs. These advancements assist producers of rigid boxes in meeting changing customer demands, remaining competitive, and running their businesses more sustainably.

HBD Packaging Pvt. Limited Automated Rigid Box Packaging

  • On May 08, 2024, HBD Packaging, packaging company headquartered in India, revealed the deployment of the fully automatic machine namely DP4030M, manufacturing top and bottom boxes in line -rigid box manufacturing machine. The fully automated DP4030M, manufacturing top and bottom boxes in line machine is exported from Guangdong hongming company based in China. The machine was installed in India by the Guangdong Hongming’s India partner NBG Printographic Machinery.
  • Moreover, in November 2022, HBD Packaging, packaging company, rebuild the packaging factory post covid-19 by installing latest technology in printing, prepress, packaging conversion, and post-press. The HBD Packaging company installed machinery such as Eterna Elite Die cutter, Shanhe high-speed flute, and DGM SmartFold 1100 among others. The installation of the new machinery post-covid assured 30% growth in the revenues of HBD Packaging company.

Driver

Growth in Luxury Goods Market

Consumers increasingly prefer premium and aesthetically pleasing packaging, which is driving demand for rigid boxes. These boxes are often used for high-end products like cosmetics, electronics, and luxury goods. The growth of online shopping has increased the need for durable and attractive packaging to enhance the unboxing experience and ensure product protection during shipping. Companies are using rigid boxes as a way to stand out in competitive markets. The premium appearance and customizable options of rigid boxes help in creating a strong brand identity. There is a growing emphasis on sustainable and recyclable packaging materials. Rigid boxes, often made from paperboard, can be designed to be more eco-friendly compared to other packaging options.

Innovations in packaging technology, such as improved printing techniques and customization options, are enhancing the appeal and functionality of rigid boxes. The increasing demand for luxury goods, including high-end cosmetics, electronics, and fashion items, is contributing to the rise in rigid box usage, as these products often require premium packaging.

For instance,

  • On July 15, 2024, Quadpack Industries, packaging company signed merger agreement with the Texen company skincare and cosmetic brand and subsidiary of PSB Industries headquartered in France, U.K., to designed the rigid box packaging solutions for the Texen company skincare and cosmetic brand.

Restraint

Competitive Packaging Solutions

The key players operating in the market are facing strong competition from the alternative packaging solutions available, which is estimated to restrict the growth of the rigid box market over the forecast period. Rigid boxes generally require more expensive materials and manufacturing processes compared to flexible packaging, which can increase overall costs. Although rigid boxes can be made from recyclable materials, the production process and disposal can have a larger environmental footprint compared to some other packaging options. The availability of alternative packaging solutions, such as flexible or biodegradable options, may appeal to businesses looking to reduce costs or enhance sustainability.

Opportunity

Rising Sustainability trends and Technology Advancement

Expanding into emerging markets where disposable incomes are rising can offer significant growth opportunities. These regions often see an increase in demand for both premium and functional packaging solutions. The need for secure and protective packaging in the pharmaceutical and healthcare industries is growing. Rigid boxes offer excellent protection and can be designed to comply with regulatory standards, creating opportunities in these sectors. As sustainability becomes a higher priority for consumers and companies alike, there is growing demand for eco-friendly and recyclable rigid box options. Innovations in materials and processes that reduce environmental impact can create new market opportunities. The key players operating in the market are focused on developing innovative technology for manufacturing sustainable rigid packaging solution, which is estimated to create lucrative opportunity for the growth of the rigid box market in the near future.

For instance,

  • In April 2024, Bpacks, packaging solutions providing company, unveiled the launch of the ‘world’s first’ bark-based packaging technology. The Bpacks company launched the machine that makes biodegradable material for manufacturing rigid boxes. The company elaborated that it can assist in conversion of wood production waste into bark-based pellets or finished packaging in a process similar to that of polymers.

Segment Insights

Slotted box Led Rigid Box Market in 2023

The slotted box segment held the dominating share of the rigid box market in 2023. The rigid slotted box is easy to assemble as compared to other box type and require minimal handling, which reduces labor cost and fasten up packaging processes. The rigid slotted boxes have potential to be used across wide range of industries and for different types of products, making them a luxury packaging solution. The design of slotted box allows efficient storage and stacking, which is beneficial for logistics and warehouse management. The rigid slotted box provides good protection to the products during shipping and handling and can be easily customized with prints, labels and designs, which makes them ideal choice for branding and marketing purpose. The growth in the frequency of online shopping has observed to increase the demand for the slotted box which is estimated to drive the growth of the segment over the forecast period.

Global Ecommerce Share of Retail Sales in %

For instance,

  • In March 2024, according to the data published by the eCommerce Sellers Association, non-profit organization, reported that the eCommerce sales of India are estimated to reach US$ 52.60 billion in 2024 with an annual growth rate of 11.45% to reach US$ 90.42 billion by 2029.

E-commerce Revenue - Asia Pacific (USD Billion)

Telescope Box Segment Estimated to Grow at Fastest Rate Due to its Premium Presentation

The telescope box segment is estimated to grow at fastest rate over the forecast period. The telescopic box come with a separate lid and base design. As the design of the telescopic box offer elegant appearance they are used for packaging luxury products where the presentation is crucial. The key players operating in the market are focused on introducing new telescopic box to meet the rising demand in the market which is estimated to drive the growth of the segment over the forecast period.

For instance,

Paper & Paperboard to Hold Notable Share in the Market

The paper & paperboard segment held the dominating share of the rigid box market in 2023. The main reason behind extensive use of the paper and paperboard material for manufacturing rigid boxes is that it allows customization and can be easily printed. Paperboard surfaces accept printing well, enabling high-quality graphics, labels and branding to be applied directly to the packaging.  The paper & paperboard material rigid box is easy to print which is helpful for marketing and branding. Moreover, the paper & paperboard material is often made from recycled materials and it is even recyclable itself. The key players operating in the market are highly introducing their products in the paper & paperboard rigid box due to the ease of branding and recyclable nature at same time, which is estimated to drive the growth of the segment over the forecast period.

For instance,

  • In January 2024, 82°E, cosmetic brand revealed the introduction of its latest body care category in the rigid folder box. The latest body care products launched by the 82°E has printed the instruction about how to use the products on the surface of the cardboard of the rigid fold box.

Food & Beverages Industry to Continue its Dominance

The food & beverages segment to witness significant growth over the forecast period. Since the disposable incomes among middle class households in growing constantly, the consumer’s aspirations are expanding, their choices about convenient food and beverages options is clear. The riding number of working women and their hectic lifestyles are the main drivers of this consumption trend. The rigid boxes are commonly utilized for the packaging of food and beverage goods such as drinks, juices cans, snacks, and confections.

Rigid boxes guarantee that these goods reach their destination undamaged and also offer protection against damage during storage and transit. Both manufacturers and consumers place the highest priority on food and beverage safety. High levels of product protection are provided by rigid packaging, which reduces the possibility of contamination and upholds sanitary requirements. Customers are reassured by tamper-evident measures, like safety seals and closures, that the product is untainted and safe to eat. Furthermore, non-reactive hard packaging materials like glass and certain polymers avoid any unfavourable interactions between the contents and the packing.

For instance,

  • In June 2024, Saica Group, cardboard packaging solutions providing company, signed collaboration with MondelÄ“z International, Inc., food company, to design new sustainable rigid chocolate box packaging solution. The collaboration helped the MondelÄ“z International, Inc. company to give paper & papercardboard packaging for multipacks-products like chocolate, confectionery and biscuits among others.

New Innovations: North America's Projection as a Leader

North America witness the highest revenue shares for the year 2023. North America have the ideal global brands and well established manufacturing units and distribution network in the country to cater the rising demand of the rigid box. Due to these reason North America is able to gain from effective logistics and economies of scale as a result. Access to superior and personalized solutions is made simple by the existence of prominent package manufacturers. The region's position is further strengthened by businesses' ongoing investments in automation and cutting-edge packaging technologies.

Tight health and safety laws have forced manufacturers to provide goods in packages with longer shelf lives and sealed to prevent tampering. Innovative stiff materials that can effectively safeguard products are thus required. Smaller rigid containers could benefit from consumers' growing preference for smaller package sizes. Market revenues are further augmented by demand from businesses including beer, liquor, and personal care.

New uses for rigid boxes, trays, and tubes in the online retail supply chain are being introduced by the rapidly expanding e-commerce sector. The key players operating in the North America region are focused on introduction of the new rigid box packaging solution, which is estimated to drive the growth of the rigid box market over the forecast period.

For instance,

  • In October, 2023, TPC Printing and Packaging, packaging solutions providing company revealed the launch of the rigid box packaging which is economical and sustainable replacement for the previous Hardins Creek tin tube packaging. The manufacturing team of the TPC Printing and Packaging company, modified paperboard into a unique replacement to metal containers by applying precise coating of foil to paperboard rigid box container.

Industrial Expansion in Asia Pacific to Promote Growth

Asia Pacific region is estimated to grow at fastest rate over the forecast period. Rapid industrialization, rise in the middle-class population and increase in disposable income have fueled the demand for packaged consumer goods. The electronic, cosmetics, pharmaceutical and automobile industries have taken boom in the China, India, Korea and Japan which has risen the demand for the rigid box packaging for branding purpose. The key players operating in the Asia Pacific region are focused on launching new rigid box packaging solution to meet the rising demand which is estimated to drive the growth of the rigid box market in the Asia Pacific region over the forecast period.

For instance,

  • In March 2023, Forest Packaging Group Co., LTD., packaging solution providing company, revealed the launch of the OEM custom rigid lid-bottom style cosmetic packaging box along with Ethylene-vinyl acetate (EVA) insert for essential oil and perfume.
    Moreover, rising sale of smartphone in Asia Pacific countries has increased the demand for the rigid box for packaging mobile smartphones, which is estimated to drive growth of the rigid box market over the forecast period.

For instance,

  • In June 2024, according to the data published by the China Household Electrical Appliances Association (CHEAA), fundamental organization supporting the growth of the consumer electronics industry, revealed that approximately 69 million smartphones were shipped in China, in the first quarter of 2024.

Smartphone Shipments in South East Asia First Quarter 2024 (Q1)

New Advancements in Rigid Box Industry

  • On May 10, 2024, Hunter Luxury, a company focused on developing and suppling luxury rigid box packaging, showcased its newly designed rigid box packaging solution at Luxe Pack New York, the U.S. global trade exhibition for luxury packaging.
  • On July 08, 2024, Procos S.P.A., pharmaceutical and packaging solutions providing company, revealed the introduction of three new 2024 editions of its high-end monomaterial Grace Box, a durable rigid box range at the Luxe Pack 2024 show held in Monaco, Europe. In 2024, the Grace Box expands into three versions dedicated to wine, spirits and jewellery, and home and decoration.

Rigid Box Market Key Companies

  • Earth India
  • CanPac
  • International Paper Company
  • Mondi Group Plc
  • Metsa Board
  • Bee Packaging
  • Tat Seng Packaging Group Ltd.
  • Stora Enso Oyj
  • Smurfit Kappa Group Plc
  • Shillington Box Co., LLC
  • Great Little Box Company Ltd.
  • Georgia Pacific LLC
  • LRBM Luxury Rigid Box Manufacturers
  • WestRock
  • Oji Holdings
  • Crown Holdings
  • Packaging Corporation of America
  • DS Smith
  • Veritiv Corp (Veritiv)
  • Sealed Air
  • Sonoco

Rigid Box Market Segments

By Product

  • Slotted Box
  • Telescope Box
  • Folder Box
  • Die Cut Box

By Material

  • Paper & Paperboard
  • Plastic
  • Metal
  • Wood

By End Use

  • Food & Beverages
  • Cosmetics & Personal Care
  • Electronics & Electricals
  • Healthcare
  • Chemicals & Fertilizers
  • Other Consumer Goods

By Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Sweden
    • Denmark
    • Norway
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Thailand
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East and Africa (MEA)
    • South Africa
    • UAE
    • Saudi Arabia
    • Kuwait
  • Insight Code: 5272
  • No. of Pages: 150
  • Format: PDF/PPT/Excel
  • Published: October 2024
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2022
  • Base Year: 2023
  • Estimated Years: 2024-2033

About The Author

Asmita Singh is a distinguished author and consultant in the packaging industry, recognized for her unwavering passion for knowledge discovery and her commitment to providing actionable insights. She holds an MBA from the University of Mumbai and a degree in Packaging Engineering from the Indian Institute of Packaging (IIP), equipping her with a solid foundation in both business and technical aspects of packaging. With extensive experience in packaging consulting, Asmita has successfully implemented advanced research methodologies across various packaging categories, including flexible packaging, rigid packaging, sustainable packaging, and smart packaging. She generates high-quality data and delivers meaningful results that drive innovation and efficiency. Her expertise spans the globe, offering valuable consulting services to businesses seeking to enhance their packaging strategies. Asmitas work is characterized by a dedication to excellence and a keen understanding of the latest trends and technologies shaping the future of packaging.

FAQ's

The global rigid box market size reached US$ 80.37 billion in 2023 and is projected to hit around US$ 100.75 billion by 2034.

2.08% is the growth rate of the rigid box industry.

Earth India, CanPac, International Paper Company, Mondi Group Plc, Metsa Board, Bee Packaging, Tat Seng Packaging Group Ltd., Stora Enso Oyj, Smurfit Kappa Group Plc, Shillington Box Co., LLC, Great Little Box Company Ltd., Georgia Pacific LLC, LRBM Luxury Rigid Box Manufacturers, WestRock, Oji Holdings, Crown Holdings, Packaging Corporation of America, DS Smith, Veritiv Corp (Veritiv), Sealed Air, Sonoco are the prominent players operating in the rigid box market.

North America region leads the global rigid box market.