Demand for retail-ready corrugated boxes is projected to increase 5.6 percent per year to $3.3 billion in 2020. Growth will outpace the overall corrugated box average due to continued solid expansion for revenues and store units among retailers that require RRP, specifically club stores and limited assortment deep discount grocery stores. Additionally, gains will reflect the presence of value added features on retail ready corrugated boxes, particularly high quality graphics and customization of box design. These and other trends are presented in "Retail-Ready Packaging," a new study from The Freedonia Group, a Cleveland-based industry research firm.
The largest markets for retail ready corrugated boxes in 2015 were produce; meat, poultry, and seafood; canned food; nonfood; and beverages, which represented a combined 58 percent of total retail ready corrugated box demand. Among these leading markets, the nonfood market will experience the fastest growth due to a healthy outlook for club stores, which carry large selections of consumer nondurables such as toiletries, over-the-counter pharmaceuticals, cleaning products, and paper goods.