Collapsible Sleeve Containers Market - Forecasts from 2024 to 2029

The collapsible sleeve containers market is expected to grow at a CAGR of 4.30% reaching a market size of US$1,378.241 million in 2029 from US$1,026.450 million in 2022.

Collapsible sleeve containers can be folded. By folding and reducing expenses, collapsible containers reduce the amount of external volume needed for transit and logistics. Collapsible sleeve containers are available from manufacturers in a variety of materials, including plastic, wood, and metal. Manufacturers provide collapsible containers for the packaging of a variety of consumer and industrial items. On the global market for collapsible containers, there are a variety of products available, including pallets, boxes, crates, and bulk bins. Nestable trays, crates, boxes, and other packaging items are more popular than conventional packing items. Collapsible sleeve container manufacturers provide a wide variety of product kinds.

Logistics and handling expenses have decreased as a result of the development of collapsible containers. Manufacturers are striving for innovative, sustainable, anti-scratch packaging solutions and material advances to build affordable, bulk shipping containers as technology progress continues to play an important part in the growth of the global packaging scene. Due to the increased demand for frozen and chilled foods and drinks, especially in developing metropolitan centres in emerging nations, the market for collapsible sleeve packs is growing.

Rising industry efficiency and sustainability needs

The market for collapsible sleeves containers is expanding significantly as a result of several factors that meet the efficiency and sustainability requirements of different industries. Because of their collapsible design, these adaptable industrial containers require substantially less space for storage when not in use. Businesses looking to maximize their warehousing and storage capabilities will find this space-saving feature especially appealing as it will ultimately result in cost savings in handling and storage. Collapsible containers have become more popular due to sustainability initiatives and a desire to reduce waste because they can be reused, which lessens the need for disposable packaging. Additionally, their compact design reduces costs and improves logistical efficiency by streamlining transportation and supply chain activities.

These containers can be customized to fit a variety of industries, including retail, manufacturing, automotive, and agriculture. They are a sensible option because of their robust durability, user-friendly features, and adherence to packaging regulations.

Increasing demand in the agricultural sector

In the agricultural industry, foldable plastic boxes and containers provide an effective post-harvest handling solution. They are perfect for storing and transporting fresh produce, including grains, fruits, and vegetables, due to their portability and ease of use.

Containers' protective features spur market expansion: Plastic containers offer better protection against moisture and external pathogens than conventional wooden boxes. Because of this, there is less likelihood of waste and agricultural products' freshness and quality are preserved, which in turn promotes market expansion

Versatile and efficient packaging solution

The adoption of collapsible sleeve containers is on the rise, gradually surpassing conventional bulk containers, primarily attributed to their lightweight construction, convenient folding mechanism, and durability in challenging weather conditions. These characteristics position them as the preferred packaging solution for industries seeking versatility and efficiency. The lightweight nature of collapsible sleeve containers facilitates easier handling and transportation, reducing logistical costs and enhancing overall operational efficiency. Moreover, their ability to fold compactly when not in use allows for space-saving storage, optimizing warehouse capacity utilization. Additionally, the resilience of these containers in extreme weather conditions ensures the protection of goods during transit, minimizing the risk of damage and loss. As a result, collapsible sleeve containers are increasingly becoming indispensable in various industries, including manufacturing, logistics, agriculture, and retail, driving their continued adoption and market growth.

High demand in the food & beverages industry

The market for collapsible sleeve containers has experienced rapid expansion, with the food and beverage industry emerging as the dominating force and accounting for the majority of revenue share over the forecast period. The significant market share can be attributable to the rising popularity of packaged foods, which include a variety of goods such as ready-to-eat meals, frozen meals, snack foods, and bakery goods. This increase in demand is a result of packaging's convenience and longer shelf life. The need for collapsible sleeve containers in the food and beverage industry is being further fuelled by a growing requirement for packaging fresh and frozen food items including meat, fruits, and vegetables. Collapsible sleeve containers must be used for storage and transportation of retail and bulk drinks like coffee as consumer demand rises. The films help to efficiently store and transport the items while also protecting them from outside influences, lowering the danger of damage while in transit.

Asia Pacific is witnessing exponential growth during the forecast period

Asia Pacific region is anticipated to have a significant share in market growth over the forecast period. Urbanization and the rise of the middle class have caused a boom in packaged food consumption throughout the Asia Pacific. A favourable environment for the growth of the food and beverage sector has been established by favourable government policies meant to encourage foreign direct investments and support local manufacturing. Thus, it is projected that the Asia Pacific collapsible sleeve container market will expand rapidly. Furthermore, the usage of packaged food items has significantly increased in China. China's political reforms and regulatory assistance are aimed at improving the nation's industrial capacities, which is anticipated to further spur the expansion of the food and beverage industry. China's market for collapsible sleeve containers is anticipated to grow significantly.

Product Offerings

• DuraGreen, RPP Containers: DuraGreen collapsible bulk containers are designed to last a long time and save space. High-density polyethene (HDPE), a sturdy substance that will safeguard your items for the rest of the container's life, is used to make these containers. DuraGreen containers fold effortlessly, and their doors have fully articulating hinges that enable an open door to rest flat against the side of the container for safer, more secure storage.
• Bulk Box, Bucknhorn: The wide range of bulk boxes available from Buckhorn are perfect for a variety of material handling applications and accommodate weight capacities between 1,200 and 2,500 lbs. These market-leading reusable containers give you easy access to ship, store, and handle your items while boosting the efficiency and profitability of your business.
• Sleeve pack, Prairie Plastics: PrairIe Plastics offers a Sleeve pack as a product that can be used for support, store, protect, transport, and market unit loads of products or commodities. Praire Plastics can modify the sleeve packs based on the requirements of the application and the possibility of retrieval and reuse. Sleeve packs are often made with an "all-in-one" design that keeps the top, bottom, and sleeve all together even when they are compressed.

Market key launches

• In June 2023, Goplasticpallets.com introduces the New Rackable Foldable Sleeve Pack in the UK with the goal of assisting retailers and manufacturers in increasing warehouse productivity through picking, packing, and storage. When assembled, the CabCube 3.0 3R, the newest model in the range, measures 1235 x 830 x 954 mm and folds down to a mere 239 mm in height. The unit has a volume of 722 liters, weighs 43 kg, and can support a 1500 kg static load as well as a 500 kg dynamic and racking load. Managers of warehouses will be permitted to stack up to one plus five units, each weighing 250 kg.
• In August 2023, RPP Containers, a leading manufacturer and stocking distributor of reusable bulk containers, will work with ALPAL to become the only stocking distributor of the much anticipated Stackable Foldable IBC. In this strategic partnership, the two market giants worked together to provide consumers with cutting-edge storage and transportation options.

Segmentation:

By Box Type

• 48 x 40 x 30
• 48 x 40 x 34
• 48 x 40x 45

By Pallet Type

• Box Pallet
• Stringer Pallet
• Customized Pallet

By Application

• Building and Construction
• Chemical and Pharmaceutical
• Food and Beverages
• Automotive
• Others

By Geography

• North America
• United States
• Canada
• Mexico
• South America
• Brazil
• Argentina
• Others
• Europe
• United Kingdom
• Germany
• France
• Italy
• Spain
• Others
• Middle East and Africa
• Saudi Arabia
• UAE
• Others
• Asia Pacific
• Japan
• China
• India
• South Korea
• Taiwan
• Thailand
• Indonesia
• Others