Global Crash Lock Box Market – Overview
In recent years, lighter packaging formats like crash lock box came into existence over heavier glass packaging options for brand owners. Crash lock box is made of paperboard which is first cut, laminated, printed and then folded and glued before transport to packaging. High degree of printability, ease of use, recyclability, enhanced shelf-appeal and environmentally friendly material makes crash lock box one of the highly demanded product across the rigid packaging market. In addition, crash lock box are efficiently used for space utilization in palletization, transportation and merchandising at the point of sale (POS). Furthermore, crash lock box attracts industry preference due to cost-effective nature of the paperboard packaging materials. Crash lock box have been conventionally used in the retail industry for transit of FMCG products. Apart from transportation & logistics, crash lock box are also normally used as display containers in retail outlets. Manufactures of crash lock box mainly focuses on implementing new innovations to improve product functionality. Crash lock box available in the market are normally made up of folding boxboard, solid unbleached board, solid bleached board, and white line chipboard. Crash lock box can tolerate high temperature which makes it suitable for transit and logistics purpose. All this factors have created growth opportunities for crash lock box market over the forecast period.
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Global Crash Lock Box Market – Dynamics
The crash lock box market is anticipated to grow considerably due to increasing trend for lightweight, and environmental friendly packaging format Crash lock box base folds out and ticks into place, with no extra taping or sealing needed which would help in rapid usage of packing line. In addition, crash lock box also offers option for printability which improves the visual look of the packaging format. Furthermore, crash lock box are multipurpose and can be used for several end use applications like food & beverages, personal care & home care pharmaceuticals, etc. Moreover, substitutes like shrink wraps, bags & pouches, etc. are gaining popularity due to its flexible and durable properties are expected to hamper the market during the forecast period.
Global Crash Lock Box Market – Segmentation
The global crash lock box market is segmented by product type, material type, and end use. The pricing for crash lock box has being done based on product type segment in US$ million, and the volume is considered in number of units.
On the basis of product type, the global crash lock box market is segmented into –
- Straight Tuck End
- Tuck Top Auto Bottom
- Reverse Tuck End
- Double Glued Side Wall
- Tuck Top Snap Lock Bottom
- Full Seal End Cartons
On the basis of material type, the global crash lock box market is segmented into –
- Solid Unbleached Board (SUB)
- White Line Chipboard
- Folding Boxboard
- Solid Bleached Board (SBS)
On the basis of end use, the global crash lock box market is segmented into –
- Food Bakery & Confectionery Dairy Products Ready to Eat Frozen Food Others (Spices & Condiments, etc.)
- Beverages Alcoholic Drinks Non Alcoholic Drinks
- Home Care and Personal Care
- Healthcare & Pharmaceuticals
- Chemicals & Petrochemicals
- Others (Electrical & Electronics, etc.)
Crash lock box is mainly used in several end use applications like food & beverages and home care & personal care.
Global Crash Lock Box Market – Regional Overview
U.S. is expected to lead the North America crash lock box market throughout the forecast period. In Asia Pacific region, India, and China are anticipated to witness significant growth for crash lock box market. Moreover, the Middle East & Africa (MEA) crash lock box market is estimated to witness lethargic growth during the forecast period.
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Global Crash Lock Box Market – Key Players
A few of the key players in the crash lock box market are Smurfit Kappa Group, DS Smith Plc, WestRock Company, Atlas Packaging Ltd, GWP Group Limited, Clifford Packaging Limited, Charapak Ltd, Northwest Packaging, Inc., Landor Cartons Limited, Aylesbury Box Company, etc.
The report on crash lock box market is a compilation of first-hand information, and qualitative & quantitative assessment by industry analysts, as well as inputs from industry experts and industry participants across the value chain. The report crash lock box market provides an in-depth analysis of parent market trends, macroeconomic indicators, and governing factors, along with market attractiveness as per segment. Crash lock box market also maps the qualitative impact of various market factors on market segments and geographies.