Custom Shipping Boxes Market Size, Share, and Industry Analysis By Material (Plastic, Paper & Paperboard, Metal, and Others), By End-use Industry (Food & Beverage, Healthcare, Personal Care & Cosmetics, Electrical & Electronics, and Others), and Regional Forecast, 2024-2032

Custom shipping boxes are designed and manufactured to fulfill manufacturers' packaging requirements and attract most customers. Compared to standard shipping boxes, custom shipping boxes are highly significant as they offer the flexibility of personalization to the customers, further driving market growth. With the rising number of businesses selling their products online and the growth of the e-commerce sector worldwide, the market is witnessing outstanding growth. Moreover, the increasing consumer demand for cost-effective, protective, recyclable, and sustainable product packaging solutions and the growing shipping rates contribute to the global custom shipping boxes market growth.

• For instance, according to Pitney Bowes, in 2021, almost 159 billion parcels were shipped globally. China led the shipping parcel volumes, followed by the U.S. and China. All three biggest markets accounted for nearly 87% of global parcel volumes in 2021. The growing parcel shipment sales are also boosting the market growth.

Customization is emerging as a key trend and as packaging generates an absolute point of contact between brands and customers, customers are more inclined toward customization. Several FMCG, healthcare, luxury products, or food & beverage manufacturers are leveling up their packaging solutions by offering customized products, attracting most customers. Henceforth, the rising demand for custom shipping boxes among manufacturers to increase brand loyalty and awareness, ensure the safe delivery of products, build excellent customer experience, and lower the shipping costs drives the market growth. In addition, the boxes provide unique features such as embossing or foil stamping, which results in product differentiation and is preferred by major manufacturers worldwide. The growing inclination toward luxurious products and the trends of sustainability and online food service also contribute to the market growth.

Custom shipping boxes require additional raw material, time, space, and printing facilities to fulfill the desired needs of brands. The additional requirements drive up the production costs, further impacting the overall costs, which are a major factor restraining the market growth. Shipping boxes manufactured with corrugated material also take extra space during shipping, which causes a rise in costs and limits the development of the custom shipping box market.

The advent of the COVID-19 virus stunted the growth and development of numerous industries. During the mid-pandemic phase, a major shift from brick & mortar to several online platforms for product purchasing and food deliveries was observed. The shift caused returns for businesses as consumers found it a convenient way. Consumers are becoming mindful and have inclined their purchasing power toward the e-commerce sector. Thus, it has generated a considerable demand for custom shipping boxes and this demand is projected to increase over the upcoming years.

KEY INSIGHTS

The report covers the following key insights:

• Recent Advancements in the Custom Shipping Boxes Market


• Key Industry Trends


• Regulatory Landscape for the Custom Shipping Boxes Market


• Key Industry Developments (Mergers, Acquisitions, and Partnerships)


• Impact of COVID-19 on the Market

SEGMENTATION

 ANALYSIS BY MATERIAL

Based on material, the market is segmented into plastic, paper & paperboard, metal, and others. The paper & paperboard segment dominated the global custom shipping boxes market. Custom shipping boxes manufactured from paper & paperboard materials are sturdy and offer several industries the most secure packaging solutions. It also provides additional cushioning to fragile products and makes the product more striking. Graphic printing and litho-lamination are feasible on paper and paperboards, further boosting brand awareness and attracting more consumers.

ANALYSIS BY END-USE INDUSTRY

Based on end-use industry, the market is segmented into food & beverage, healthcare, personal care & cosmetics, electrical & electronics, and others. The food & beverages segment dominates the global custom shipping boxes market. The growing demand for several food products through online delivery platforms generates the need to produce custom shipping boxes. The rising consumer preferences for deli & processed meats, frozen foods, bakery & confectionery products, single-serve beverages, and dairy products are driving the growth of the food & beverage industry, further enhancing the market growth.

REGIONAL ANALYSIS

The custom shipping boxes market has been studied across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America is the dominating region of the global custom shipping boxes market. The exponential growth of the food & beverage sector in the U.S. and Canada, coupled with the online food delivery trend, is the key factor thriving the market growth. Moreover, the inclination of consumers toward custom packaging solutions will continue to flourish in the custom shipping boxes market in North America. The Asia Pacific market is booming due to the region's tremendous demand from millennials and Gen Z.

The changing lifestyle trends and eating habits have increased the consumer inclination toward on-the-go food, carbonated drinks, and alcoholic beverages. Additionally, the production of electronic products is also increasing. These factors enhance the market growth in Asia Pacific. Europe is experiencing rapid growth due to the soaring consumer preference toward personalized and quality packaging. The demand for luxury packaging has also grown in recent years, driving market expansion. Latin America and the Middle East & African custom shipping boxes are analyzed to witness moderate growth over the forthcoming years.

KEY PLAYERS COVERED

The report includes the profiles of key players such as Salazar Packaging, Inc., Vivabox Solutions, Yebo Group, Arka, The Custom Boxes, Refine Packaging, Packola, Brand in Color, Fantastapack, and BuyBoxes.

KEY INDUSTRY DEVELOPMENTS

• In March 2023, the Confete Party declared the launch of new and innovative custom-branded gift boxes. The boxes are specially manufactured for businesses to better connect with their customers, employees, and referral partners and create an opportunity to stand out to their key clients.


• In January 2022, Robinson, the manufacturing expert in value-added custom packaging solutions, partnered with Mason & Fortnum and produced two boxes. The custom boxes are produced with 10% post-consumer recycled paperboard and are embellished with gold blocking to offer a high-end and luxurious appeal.


• In November 2021, Packhelp raised approximately USD 45.6 million to expand its custom packaging biz. The company further focuses on reducing carbon emissions and providing sustainable boxes to meet the requirements of its customers.