The Transport Cases & Boxes Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Transport Cases & Boxes Global Market Report 2024, The transport cases & boxes market size has grown steadily in recent years. It will grow from $1.65 billion in 2023 to $1.73 billion in 2024 at a compound annual growth rate (CAGR) of 4.9%. The growth in the historic period can be attributed to military and defense applications, expansion of e-commerce and logistics, growth in aerospace and aviation industry, increase in industrial equipment transport, demand for customized packaging solutions.
The transport cases & boxes market size is expected to see steady growth in the next few years. It will grow to $2.04 billion in 2028 at a compound annual growth rate (CAGR) of 4.1%. The growth in the forecast period can be attributed to global supply chain challenges, e-commerce packaging solutions, advancements in materials and design, increasing focus on sustainable packaging, medical equipment and healthcare logistics. Major trends in the forecast period include emphasis on lightweight and durable materials, advancements in shock-resistant technologies, integration of smart technologies, customized foam inserts for enhanced protection, focus on sustainable materials and practices.
Rising global trade is expected to propel the growth of the transport cases and boxes market going forward. Global trade refers to the buying and selling of products and services by businesses abroad. Due to the proliferation of free trade agreements between countries and reduced tariffs and other barriers to trade the global trade is rising. The transports cases and boxes are essential tools for protecting goods during transportation and storage in global trade in shipping, storage, and organizing products and devices. For Instance, in December 2022, according to United Nations Conference on Trade and Development (UNCTAD), a Switzerland-based intergovernmental organization within the United Nations Secretariat, the value of global trade is projected to reach a record $32 trillion in 2022, trade in the goods increased by 10% to reach $25 trillion and services increased by 15% to reach $7 trillion in 2022. Therefore, the rising global trade is driving the growth of transport cases and boxes.
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The transport cases and boxes market covered in this report is segmented –
1) By Material: Plastic, Polyethylene, Polystyrene, Polyethylene Terephthalate (PET), Polyamide, Polypropylene, Metal, Aluminum, Steel, Leather, Other Materials
2) By Water proof feature: Water Proof, Non-Waterproof
3) By Application: Medical Equipment, Communication Equipment, Photography And Music Equipment, Automotive And Mechanical Parts And Mechanical Parts, Chemicals, Electronics And Semiconductor Components, Military Equipment, Other Applications
Major companies operating in the transport cases and boxes market are focused on developing innovative packaging solutions such as Smart Box Lite to meet the evolving demands of secure and efficient transportation, enhance customer convenience, and ensure the safe delivery of a wide range of items. Smart Box is a specialized packaging solution introduced by Blue Dart Express to securely transport electronics such as laptops, tablets, and iPads, meeting both business and personal requirements. For instance, in January 2023, Blue Dart Express, an India-based logistics company, unveiled "Smart Box Lite," a specialized packaging solution crafted to safeguard electronic devices during shipping. Tailored to meet both business and personal needs, this offering is specifically designed for the secure transport of laptops, tablets, and iPads. Aligned with its customer-centric approach, Blue Dart identified the escalating demand for electronic shipments nationwide. By introducing this product, the company aims to provide a lasting solution to a common challenge, addressing aspects from selecting the optimal transportation mode to right-sizing the packaging and offering a hassle-free solution for electronic shipments.
The transport cases & boxes market report table of contents includes:
1. Executive Summary
2. Transport Cases & Boxes Market Characteristics
3.Transport Cases & Boxes Market Trends And Strategies
4. Transport Cases & BoxesImpact Of COVID-19
5.Transport Cases & Boxes Market Size And Growth
6.Transport Cases & Boxes Segmentation
7.Transport Cases & Boxes Regional And Country Analysis
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27. Transport Cases & Boxes Competitive Landscape And Company Profiles
28.Transport Cases & Boxes Key Mergers And Acquisitions
29. Transport Cases & Boxes Future Outlook and Potential Analysis
TOP MAJOR PLAYERS:
- GT Line
- Royal Case Company
- Pelican Products Inc.
- Hisco Case Inc.
- B&W International
- SKB Corporation Inc.
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