ALL PACKAGING Co., Bell Inc., Coburn Carton Solutions, DS Smith Plc, Graphic Packaging Holding Co., Greif Inc., Huhtamaki Oyj, Mayr-Melnhof Karton AG are some of the key market vendors
The Folding carton market is expected to grow by 14.41 million tons, accelerating at a CAGR of almost 5.54% during the forecast period. The market is fragmented. This research report provides insights into the top market players and their product portfolio along with pipeline analysis of upcoming developments and growth opportunities. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in this intensely competitive market, players must distinguish their product and service offerings through a clear and unique value proposition. ALL PACKAGING Co., Bell Inc., Coburn Carton Solutions, DS Smith Plc, Graphic Packaging Holding Co., Greif Inc., Huhtamaki Oyj, Mayr-Melnhof Karton AG, Smurfit Kappa Group Plc, and WestRock Co. are some of the major market participants.
Folding Carton Market: Leading Market Segment
The Folding carton market is segmented by End-user (food and beverage, personal care and household, healthcare, and others) and Geography (APAC, North America, Europe, MEA, and South America).
Growth by the food and beverage segment will be significant during the forecast period. The food and beverage segment will account for the highest share in the folding carton market because of the growing demand for packaged food and beverages.
APAC led the market with 50% of the market growth set to originate from this region during the forecast period. China and India are the key markets for folding cartons in this region and market growth in APAC will be faster than the growth of the market in other regions. This is due to the presence of a large number of food and beverage and personal care product manufacturers. Moreover, the adoption of anti-counterfeit technologies such as smart folding cartons will facilitate the folding carton market growth in APAC.
Folding Carton Market: Top Drivers to Boost Demand
Rise in demand for digital printed folding cartons is one of the primary factors driving the growth of the folding carton market. Folding carton manufacturers are using digital printing technology to print appealing graphics that can appeal and attract customers. The use of digital printing technology is further boosted by the availability of various types of digital carton presses. The demand for fast turnaround and personalized packaging is increasing from various retailers which is likely to drive demand.
Growing popularity of smart folding cartons is a key trend which is driving the market growth. The need for sophisticated packaging solutions in applications such as medical monitoring is driving the demand for smart folding cartons. The incorporation of technologies such as NFC, RFID, embedded barcodes, and QR codes enables security, tracebility and interaction with end-users and consumers.
The report provides a detailed study of all the factors that are likely to boost the market. An understanding of the key drivers will enable clients to leverage growth opportunities to their advantage with a view to short-term and long-term business goals. For additional insights on this market: Download FREE Sample Report.
Key Focus Areas in Our Reports:
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
The report provides insights into the following FAQs:
Key Drivers and Market Trends
Rise in demand for digital printed folding cartons and are among the key factors likely to drive market growth. The Global Folding carton market is expected to grow by 14.41 mn tons, accelerating at a CAGR of 5.54% till 2025. This research report analyses all the growth drivers that are likely to boost market growth along with market trends. The report also assesses the market segments and regional segments to provide a comprehensive analysis of the market in focus. The purpose of this research report is to create a 360-degree view of the market for our clients. The key takeaways from this report will equip our client with clear insights to strategize future growth plans.
Folding Carton Market: Segments and Geographical Regions
Folding Carton Market: Vendor Analysis
Folding Carton Market | Discover Top Trends and Drivers
Market Growth and Forecasts for 2021-2025
Accelerating at a CAGR of 5.54%, the folding carton market is expected to grow by post an incremental growth of 14.41 mn tons over the next five years. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers to provide growth projections and insights. This analytical examination of the market will enable businesses to plan and set the path for future growth prospects.
Need to Strategize a COVID-19 Recovery Plan? Request for our FREE Sample Report
Folding Carton Market: Market Segments and Key Trends
The Folding carton market is segmented by End-user (Food and beverage, Personal care and household, Healthcare, and Others) and Geography (APAC, North America, Europe, MEA, and South America). APAC led the market with 50% of the market growth set to originate from this region during the forecast period. Contamination of food during packaging is one of the challenges that will need to be overcome to drive growth. The research report provides market share projections of each segment along with a detailed analysis of all the factors that are likely to boost growth within specific regions as well as global markets.
Folding Carton Market: Leading Factors to Drive Market Growth
One of the primary factors that will drive market growth is the rise in demand for digital printed folding cartons. The folding carton market report provides an understanding of this and all the other drivers that are likely to impact market growth. These insights will enable clients to design growth strategies that will leverage opportunities and neutralize challenges effectively.
Folding Carton Market: Vendor Analysis
The market is fragmented. The research report provides insights into the top market player and their product portfolio along with pipeline analysis of upcoming developments and growth opportunities. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. ALL PACKAGING Co., Bell Inc., Coburn Carton Solutions, DS Smith Plc, Graphic Packaging Holding Co., Greif Inc., Huhtamaki Oyj, Mayr-Melnhof Karton AG, Smurfit Kappa Group Plc, and WestRock Co. are some of the major market participants.
For more insights on this market: Download a Free Sample Report
Folding Carton Market: Key Highlights of the Report for 2021-2025
Folding Carton Market: Key Geographies that will Drive Growth
Regional Growth Analysis and Market Trends 2021-2025
The folding carton market is set to grow by 14.41 mn tons, accelerating at a CAGR of almost 5.54% during the forecast period. This research report analyses the growth trajectory of the market with a purview to prevalent market scenario, trends, and drivers. It also provides competitive bench-marking of the key market players and their product portfolios.
For market insights and a better understanding of the quality of our research: Request for our FREE Sample Report
Folding Carton Market: APAC to lead market growth during the forecast period
