The transport cases & boxes market size is projected to be valued at USD 1.7 billion in 2023 and is expected to rise to USD 2.4 billion by 2033. The sales of transport cases & boxes are expected to grow at a significant CAGR of 3.5% during the forecast period. Various factors propelling the demand for transport cases & boxes are
| Attributes | Details |
|---|---|
| Transport Cases & Boxes Market CAGR | 3.5% |
| Transport Cases & Boxes Market Valuation (2023) | USD 1.7 billion |
| Transport Cases & Boxes Market Valuation (2033) | USD 2.4 billion |
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| Market Statistics | Details |
|---|---|
| H1,2021 (A) | 2.7% |
| H1,2022 Projected (P) | 3.0% |
| H1,2022 Outlook (O) | 3.3% |
| BPS Change: H1,2022 (O) - H1,2022 (P) | (+) 30 ↑ |
| BPS Change: H1,2022 (O) - H1,2021 (A) | (+) 60 ↑ |
Future Market Insights predict a comparison and review analysis for the dynamics of the transport cases & boxes market, which is principally subjected to an array of industry factors along with a few definite influences regarding high temperatures and a lack of ventilation inside the container which are expected to hinder the market growth.
Some new advances that have taken place in the market include the use of biodegradable and eco-friendly raw materials. In May 2022, Nefab Group announced a joint venture with North link to offer packaging and logistics offering to the Sweden market.
The market for transport cases & boxes is expected to rise by 60 basis share points (BPS) in H1-2022 (O) against comparison with H1-2021, according to an FMI analysis. However, when comparing the H1-2022 projected and H1-2022 outlook period, an increase in BPS change by 30 BPS has been noticed.
The key reasons for this change in growth rate are due to high durability, wear & tear resistance, and high strength in comparison to its other packaging equivalents. Despite these prospects, product innovations and a rise in demand for durable packaging solutions are expected to boost market growth.
Transport Cases & Boxes Demand Analysis (2018 to 2022) Vs Market Outlook (2023 to 2033)
The transport cases & boxes market is projected to expand at a CAGR of 3.5% during 2023-2033, driven by the increasing demand for protective packaging in shipping and logisticsThe militarytary end-use segment of transport cases & boxes is gaining traction among the other end-use segments followed by photography, electronics, biotechnology, and chemicals in terms of protective packaging.
Research regarding customized products having higher efficiency is expected to propel the demand for transport cases & boxes during the forecast period. The feature of waterproofing in transport cases & boxes is expected to expand at a CAGR of ~3.5% by 2033.
Transport cases & boxes made up of plastic material are expected to be the most lucrative ones because of their functional characteristics such as durability, sturdiness, and being light in weight. Polyamide transport cases & boxes are poised to expand at a CAGR of 3.9% by the forecast period. North America region held the market share of 36.3% in the global transport cases & boxes market in the year 2020.
Technological Developments and Innovation to Bolster Demand for Transport Cases & Boxes
Many companies are engaged in extensive research to come up with innovative machinery designs, so as to expand the variety of materials that could be molded into cases using different molding processes. Various companies are deriving new products to push into the market.
The global transport cases & boxes market can capitalize on technology-level research and design, which can encounter ample opportunities for the growth of transport cases & boxes during the forecast period. The growing demand for sturdy and durable packaging formats is expected to ensure a positive market outlook.
Availability of Alternative Protective Packaging Solutions could act as a Restraint
Although transport cases & boxes are preferred over alternative packaging solutions in terms of reusability, they miss out on pricing. Bespoke paper-based protective packaging solutions are available in the market. These are used mostly for consumer electronics.
Protective packaging service providers are extensively shifting toward different types of void-fill applications due to increasing environmental hazards and low recovery of loose-fill peanuts of expanded polystyrene or foam byproducts. Paper-based packaging solutions are economical and widely used for single-shipping requirements.
Manufacturers of protective packaging solutions are continuously shifting towards a ‘make-to-order’ approach. Bespoke manufacturing not only provides an efficient protective packaging solution to clients but also eliminates the issues related to selling inventory-protective packaging products.
Bespoke manufacturing creates a robust packaging solution that is tailored according to the product. As the preference for paper-based protective packaging solutions increases due to relatively low prices and custom designs, the growth of the global transport cases & boxes market is likely to be restrained during the forecast period.
The region's market is likely to grow over the forecast period due to massive demand for strong packaging materials in countries such as Canada and the United States. Furthermore, the large-scale presence of key industry players and the entry of new players in the business is anticipated to boost product innovation while lowering packaging material costs, thereby further steering the market size in the region over the next decade.
| Attributes | Details |
|---|---|
| United States Market Size (USD million/billion) by End of Forecast Period (2033) | USD 727.7 million |
| United States Market Absolute Dollar Growth (USD million/billion) | USD 197.3 million |
| CAGR % 2017 to 2022 | 2.9% |
| CAGR % 2023 to End of Forecast (2033) | 3.2% |
Due to the region's thriving healthcare industry, Asia-Pacific is expected to be the dominant global transport cases and boxes market; India has enormous growth potential for transport cases and boxes. According to the India Brand Equity Foundation, India's healthcare industry is expected be worth USD 372 million by 2022, with healthcare tourism growing at an 18% annual rate. This has also pushed the need for vaccine transport boxes. The country has recently become a central focus for capital investment in advanced diagnostic facilities, resulting in greater technical advancements.
China exported over USD 2.5 trillion in commodities in 2018, while importing USD 2.13 trillion, according to ChinaPower. As a result, the company's shipping business has grown significantly. To aid further development, the government has offered substantial stimulus in the form of direct subsidies and state investment. The ever-expanding breadth of the shipping industry allows well-known transport container manufacturers to enter the market.
| Attributes | Details |
|---|---|
| China Market Size (USD million/billion) by End of Forecast Period (2033) | USD 386.1 million |
| China Market Absolute Dollar Growth (USD million/billion) | USD 138.5 million |
| CAGR % 2017 to 2022 | 4.2% |
| CAGR % 2023 to End of Forecast (2033) | 4.5% |
According to the study, plastic transport cases and boxes continue to be popular, with global sales expected to exceed 7,600 thousand units in 2019. Plastic is lightweight and versatile, which is a key factor in demonstrating the high reliability of plastic in the transport cases and boxes market.
Military operations remain in high demand, owing to the need for critical protection of military goods during storage and shipping. Key production companies are working closely with end-users to create appropriate solutions that are suitable to each use case, sensing the requirements for various packaging approaches for multiple transport modes.
| Material Type | Plastic |
|---|---|
| CAGR % 2017 to 2022 | 3.0% |
| CAGR % 2023 to End of Forecast (2033) | 3.4% |
The military has been a significant user of transport boxes and cases in recent years. The high-paying capacity of the military industry represents the entry of new revenue into the market. The military domain, more than any other end-use industry, promises significant expansion potential. The increased emphasis on military infrastructure development as a result of national security concerns has increased demand for defense equipment. Emerging markets have significant growth potential, particularly in countries like China and India, which are the biggest spenders on advanced military and defense equipment to safeguard their borders from external attacks.
As a result, manufacturers have a lot of room to grow in this market. Due to high requirement, the military sector needs large quantities of storage transport boxes, which is expected to increase the demand for plastic boxes and cases along with wooden transport boxes.
| Top End Use | Military Equipment |
|---|---|
| CAGR % 2017 to 2022 | 1.9% |
| CAGR % 2023 to End of Forecast (2033) | 2.6% |
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The market for transport cases and boxes is very consolidated worldwide. Pelican Products Inc., SKB Corporation Inc., GT Line Srl, C.H. Ellis Company Inc, Plasticase Inc., Gator Cases Inc., and Cases By Source Inc. are key companies competing in the global market for transport cases and boxes. Willard Packaging Co., Case Technology Inc., and FAWIC PACKAGING SYSTEMS
Pelican Products Inc
Overview: The company was founded in 1976 and specializes in designing and producing temperature-controlled packaging, high-performance protective containers, and innovative portable lighting solutions. Pelican has created products over the years for people who depend on Pelican products to protect their equipment and lives, including police officers, firefighters, military personnel, photographers, and others.
Six production sites, 23 international sales offices, numerous advanced case centers, network stations, and service centers make up the global organization that is Pelican. It has 200,000 square feet of manufacturing and office space, with its headquarters in Torrance.
Pelican Products Inc.'s product line includes unique portable lighting systems, temperature-controlled packaging, and high-performance protective enclosures.
Important developments: Pelican Products, Inc. (Pelican) established a new benchmark for the segment in 2021 with the introduction of the PelicanTM Air 1646 Case, the largest case in the PelicanTM Air Case line. With a usable volume of almost 6,800 cubic inches and a long/deep form factor, the PelicanTM Air 1646 Case is perfect for storing longer and deeper equipment.
The new backpack has plenty of room for pricy and delicate items like military gear and professional cameras. Photographers may appreciate the container's depth because it enables them to store their cameras upright for better use of available space.
| Attribute | Details |
|---|---|
| Forecast Period | 2023 to 2033 |
| Historical Data Available for | 2018 to 2022 |
| Market Analysis | USD Billion for Value |
| Key Countries Covered | USA, Canada, Germany, United kingdom, France, Italy, Spain, Russia, China, Japan, South Korea, India, Thailand, Malaysia, Indonesia, Australia, New Zealand, GCC Countries, Turkiye, Northern Africa, and South Africa |
| Key Segments Covered | Material Type, Carrying Capacity, End-use, Case Weight, Waterproofing Feature, Region |
| Key Companies Profiled | Pelican Products Inc., SKB Corporation Inc., GT Line Srl, C.H. Ellis Company Inc., Plasticase Inc., Gator Cases Inc., and Cases By Source Inc. |
| Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
| Customization & Pricing | Available upon Request |
The market is valued at USD 1.7 billion in 2023.
Pelican Products Inc., SKB Corporation Inc., and GT Line Srl are the leading industry market players.
The availability of alternative protective packaging solutions acts as a restraint.
Technological developments and innovation bolster demand for the market.
The market is estimated to reach USD 2.4 billion by 2033.
| Market Value for 2024 | USD 4.30 billion |
|---|---|
| Projected Market Value for 2034 | USD 5.80 billion |
| Value-based CAGR (2024 to 2034) | 3.10% |
| Estimated Size, 2021 | USD 2.5 billion |
|---|---|
| Projected Size, 2031 | USD 4.0 billion |
| Value-based CAGR (2021 to 2031) | 4.7% |
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Transport Cases & Boxes Market
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