Global Collapsible Sleeve Containers Market Size, Share, and COVID-19 Impact Analysis, By Material Type (Plastic, Metal, Paperboard, and Others), By Application (Food & Beverage, Pharmaceuticals, Consumer Goods, Industrial Goods, And Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033

Global Collapsible Sleeve Containers Market Insights Forecasts to 2033

• The Global Collapsible Sleeve Containers Market Size was estimated at USD 2.47 Billion in 2023
• The Global Collapsible Sleeve Containers Market Size is Expected to Grow at a CAGR of around 6.46% from 2023 to 2033
• The Worldwide Collapsible Sleeve Containers Market Size is Expected to Reach USD 4.62 Billion by 2033
• North America is expected to grow the fastest during the forecast period.

The Global Collapsible Sleeve Containers Market Size is Expected to cross USD 4.62 Billion by 2033, Growing at a CAGR of 6.46% from 2023 to 2033. A noteworthy opportunity is the creation of novel materials and technologies that improve these containers' sustainability and performance.    

Market Overview  

The business devoted to the manufacture, marketing, and application of collapsible sleeve containers, reusable storage and transit containers composed of sturdy materials, is known as the collapsible sleeve containers market. These containers save space and money on shipping, they include foldable sides or sleeves that enable them to collapse in use. Applications from a variety of sectors, including food packaging, electronics, retail, logistics, and automotive, are available in the collapsible sleeve containers market. Space optimization, economic effectiveness, and environmental sustainability through reusable designs are the main advantages driving the collapsible sleeve containers market. Growing need for cost-effective and environmentally friendly bulk packaging, growing use of returnable packaging solutions, and advancements in lightweight but robust materials like polypropylene and high-density polyethylene (HDPE) are the main factors driving the collapsible sleeve containers market. Additionally, measures to optimize the supply chain and a rise in e-commerce are driving the growth collapsible sleeve containers market.    

Report Coverage

This research report categorizes the collapsible sleeve containers market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the collapsible sleeve containers market. Recent market developments and competitive strategies such as expansion, type launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the collapsible sleeve containers market.

Driving Factors

Increased demand for effective and space-saving packaging solutions, developments in material technology, and rising awareness of environmentally friendly and sustainable packaging alternatives are some of the factors driving the collapsible sleeve containers market. The market is expanding due to technological developments in the materials used to make collapsible sleeve containers. Another important aspect driving the collapsible sleeve containers market expansion is rising consumer awareness of sustainable packaging options. The growing need for effective storage and transportation options is one of the main drivers of the market for collapsible sleeve containers.      

Restraining Factors

High starting prices, a lack of knowledge in developing nations, transportation issues, and worries about durability and capacity under heavy loads are some of the factors limiting the market for collapsible sleeve containers and restricting their general adoption and expansion.  

Market Segmentation

The collapsible sleeve containers market share is classified into material type and application.      

• The plastic segment held the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period.

Based on the material type, the collapsible sleeve containers market is divided into plastic, metal, paperboard, and others. Among these, the plastic segment held the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period. Plastic is still the most extensively utilized material because of its affordability, portability, and adaptability. Polypropylene (PP) and high-density polyethylene (HDPE) are two examples of advanced plastic composites that are very well-liked because of their recyclability, durability, and chemical resistance.  

• The food & beverage segment held the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period.

Based on the application, the collapsible sleeve containers market is divided into food & beverage, pharmaceuticals, consumer goods, industrial goods, and others. Among these, the food & beverage segment held the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period. These containers are being used more often in the food and beverage industry to package perishable products, they maximize storage and transportation efficiency while providing superior protection against contamination and damage.

Regional Segment Analysis of the Collapsible Sleeve Containers Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

Asia Pacific is anticipated to hold the largest share of the collapsible sleeve containers market over the predicted timeframe.

Asia Pacific is anticipated to hold the largest share of the collapsible sleeve containers market over the predicted timeframe. Asia Pacific is a result of the region's quick industrialization, booming e-commerce, and growing automotive and agricultural industries in China, India, and Japan. The need for containers with detachable sleeves has increased due to the region's infrastructure. Furthermore, the industry is expected to develop even more as a result of increased government initiatives to promote eco-friendly and minimal packaging methods. Growing investments in smart logistics and a focus on reusable and affordable packaging options for industries focused on exports.      

North America is expected to grow at the fastest CAGR growth of the collapsible sleeve containers market during the forecast period. The market for collapsible sleeve containers in North America is expanding due to the region's expanding industrial and retail operations, stringent sustainability laws, and the strong adoption of reusable packaging options. In the automotive, agricultural, and FMCG sectors in the US and Canada, there is an increasing need for affordable returnable bulk packaging. Additionally, the ongoing advancement of automation and warehouse storage optimization is necessary to boost market demand.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the collapsible sleeve containers market along with a comparative evaluation primarily based on their type of offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes type development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• DS Smith Plc
• Plastor Ltd
• SSI Schaefer Ltd
• Buckhorn Inc
• Orbis Corporation
• Dynawest Ltd
• TranPak Inc
• Schoeller Allibert
• Rehrig Pacific Company
• CABKA Group
• Greif Inc
• RPP Containers
• Monoflo International
• Loadhog Ltd
• Others  

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs) 

Recent Developments

• In August 2023, RPP Containers, a leading manufacturer and stocking distributor of reusable bulk containers, partnered with ALPAL to be the exclusive stocking distributor of the highly anticipated 40 x 48 x 43 Stackable Foldable IBC. This strategic partnership brings together two industry leaders to provide customers with innovative storage and transportation solutions.

• In June 2023, goplasticpallets.com, the responsible plastic pallet company, launched a new foldable sleeve pack in the UK to help manufacturers and retailers make significant efficiency gains when storing, picking, and packing across their warehouses.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the collapsible sleeve containers market based on the below-mentioned segments: 

Global Collapsible Sleeve Containers Market, By Material Type  

• Plastic
• Metal
• Paperboard
• Others

Global Collapsible Sleeve Containers Market, By Application

• Food & Beverage
• Pharmaceuticals
• Consumer Goods
• Industrial Goods
• Others

Global Collapsible Sleeve Containers Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa