Open Top Cartons Market Size & Share, by Material Type (Paperboard, Corrugated); Product (With Cover, Without Cover), Application (Consumer Goods, Shipping, Counter Display Units, Bins, Storage) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2025-2037

  • Report ID: 818
  • Published Date: Dec 23, 2024
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2025-2037

Open Top Cartons Market size was over USD 10.04 billion in 2024 and is poised to exceed USD 19.89 billion by 2037, growing at over 5.4% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of open top cartons is evaluated at USD 10.5 billion.

Rapid industrialization in the developing nations such as China, India, Brazil and others contributes in the increased demand for open top cartons. These trends are expected to remain the same over the forecast period thereby, providing open top cartons market opportunities to grow. 

Moreover, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics’ Freight Transportation Services Index (TSI), freight shipments rose 6.1 percent from November 2016 through the early months of 2018.

Increasing number of shipments owing to increasing influence of e-commerce and online sales will further drive the market growth over the forecast period.


Open Top Cartons Sector: Growth Drivers and Challenges

Growth Drivers

  • Growth of Electronics and Consumer Goods Industry to Boost Market Growth 
    The global electronics and consumer goods industry is booming owing to the rapid industrialization and urbanization in developing nations coupled with the increasing purchasing power of people. The storage and transit of the products of these industries require heavy load cartons and the open top cartons market is anticipated to fill this gap and grow further. 
  • Increasing Product Appeal to Trigger Market Growth
    Open-Top carton has a massive product appeal considering it possesses features such as high strength, recyclability, cost-efficiency and durability. These features coupled with the assurance of safety that covers type cartons provide play a major role in increasing the popularity of open-top cartons. Cover type cartons are also widely used in industries where covers are frequently removed and replaced which in turn is anticipated to drive the growth of the global open top cartons market.
  • Variety in Product Application to Increase Demand for Open-Top Cartons 
    Open top cartons are used in a variety of products such as bins, counter display units, and storage boxes. Flexibility in size makes it easier to use them in different applications. This makes them a fascinating choice for packaging, logistics, and other industries.

Challenges

  • High Investment Requirement for Production Unit to Hamper Market Growth 
    The cost required to set up a production unit of open-top cartons is very high and it may force entrepreneurs to stay away from this market. Investment is key for the growth of any industry and entrepreneurs showing no interest in investment might hamper the open top cartons market. 

Open Top Cartons Market: Key Insights

Base Year

2024

Forecast Year

2025-2037

CAGR

5.4%

Base Year Market Size (2024)

USD 10.04 billion

Forecast Year Market Size (2037)

USD 19.89 billion

Regional Scope

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, Malaysia, Australia, South Korea, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

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Open Top Cartons Segmentation

The market is segmented by material type into paperboard and corrugated segments. Increasing demand for corrugated cartons owing to its usage in heavy-duty goods storage and transits coupled with the benefits of cover type product segment such as ease of handling, providing additional safety and others, makes them an appealing choice for packaging and these factors are expected to boost the market growth for open top cartons market.

Our in-depth analysis of the global market includes the following segments

By Material Type

  • Paperboard
  • Corrugated 

By Product Type

  • With Cover
  • Without Cover

By Application

  • Consumer Goods
  • Shipping
  • Counter Display Units
  • Bins
  • Storage

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Open Top Cartons Industry - Regional Synopsis

On the basis of regional analysis, the global open top cartons market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa region.

North America industry is expected to hold largest revenue share by 2037, impelled by its large number of open-top carton production plants and increasing demand for consumer goods and electronics. Asia-Pacific region is expected to have the largest share over the forecast period to the back of the presence of the two largest developing nations India and China. The region is undergoing rapid industrialization and urbanization which will help it in holding the market share. Latin America and Middle East are expected to show steady growth owing to sluggish technology.

Companies Dominating the Open Top Cartons Landscape

    • Packaging Corporation of America
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Lazo Paper Pty. Ltd.
    • Opus Packaging Pvt. Ltd.
    • Smurfit Kappa Group
    • Peek Packaging Solutions Inc.
    • Calumet Carton Company
    • R & R Corrugated Packaging Group
    • Shillington Box Company LLC
    • Mil-Spec Packaging of GA, Inc.
    • B&B Box Company

Author Credits:  Abhishek Anil


  • Report ID: 818
  • Published Date: Dec 23, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of open top cartons is evaluated at USD 10.5 billion.

Open Top Cartons Market size was over USD 10.04 billion in 2024 and is poised to exceed USD 19.89 billion by 2037, growing at over 5.4% CAGR during the forecast period i.e., between 2025-2037.

North America industry is expected to hold largest revenue share by 2037, impelled by its large number of open-top carton production plants and increasing demand for consumer goods and electronics.

The major players in the market are Packaging Corporation of America, Lazo Paper Pty. Ltd., Opus Packaging Pvt. Ltd., Smurfit Kappa Group, Peek Packaging Solutions Inc., Calumet Carton Company, R & R Corrugated Packaging Group, Shillington Box Company LLC, Mil-Spec Packaging of GA, Inc., B&B Box Company, and others.
Open Top Carton Market Report Scope
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