Kraft Boxes vs Corrugated Boxes- Check Market Analysis 2020
Kraft boxes with lid are a source of relief for the retailers that are constantly worried that their displayed products might get damaged due to either extra exposure or contamination. On the basis of their appearance, they resemble rigid luxury boxes a lot. They are usually in two pieces with a lid that completely comes off the base tray when the box is opened and fits back into place when the usage is accomplished. They do not always have a display area in them, which makes them an ideal mode of packaging for the products that need to be enclosed entirely in their boxes for better protection. They are manufactured from recycled and unbleached wood pulp, which increases their strength and durability manifold. They can be manufactured in any size that the consumer may demand, or the product that is going to be packaged in them may require. They are an ideal choice for the more ecologically inclined product manufacturers.
Kraft packaging is assumed to see a hike of 15.6 billion dollars starting from the year 2019 and expected that it would reach up to 18 billion US dollars by the year 2025. It is hence recording a CAGR of 3.0% during the time within these years. The rise in the demand for eco-friendly kraft boxes in numerous end-use industries such as food and beverage cosmetics and personal care and hygiene is one of the primary reasons behind the projected growth values of this type of packaging. Its most prominent counterpart, Corrugated packaging, has marked a CAGR of 56.9 percent in North America and continues to dominate in that region. Let us see some of the other detailed market analysis regarding both these packaging styles.
Value and Volume:
If evaluated on the basis of their forms, the corrugated packaging almost dominates the kraft boxes. This is mainly because corrugate boxes do not only provided a secure environment to the items being shipped in them but also render a comfortable handling facility to them. Their reusable and recyclable nature offers the most productive, no waste packaging to their consumers. This has kick-started an enormous amount of utility of corrugated boxes in the freight forwarding, postal mail, and logistics industry.
Essential Characteristics:
Based on the application of both corrugated and kraft boxes with windows, the kraft market dominates and is projected to excel at the quickest CAGR starting from the year 2019 till the year 2025. This is pertinent to the essential benefits that are associated with the kraft paper. Such as its resistance towards temperature, chemicals, and moisture. Furthermore, it is much more flexible than corrugated and also lighter in weight.
Regional Growth:
Custom printed kraft boxes are expected to witness the highest CAGR rates in the Asia Pacific during the years 2019 to 2025. This is because of the increased consumption of custom printed kraft boxes wholesale in countries with a dense population such as China and India. Printing on kraft boxes ensures cost-saving, sustainability, and an increased amount of product security. These are the reasons that drive these massively populated regions of the world to consume this type of packaging since the need for demand and supply is excessive and further increasing.
The above mentioned are some pieces of information taken out of a comprehensive and detailed market analysis that establishes that despite both being critical players in the packaging industry. The durable kraft boxes do have an edge over the corrugated boxes in some prominent ways. Brown kraft boxes in wholesale are a lot more affordable, considering the manufacturing sources of their raw material that is kraft. With the ever-growing advancements in the packaging industry. New and improved ways, styles, and designs made by the usage of kraft paper and boards are regularly being introduced in the market to further extensity their usability and benefits. Excessive education being projected about the necessity of adopting eco-friendly and greenways of life are also contributing to a great extent in the popularity of these types of custom boxes.
