Latest News- Folding Carton Market: Food and beverage is expected to lead the End-user segment during 2024-2028

The Folding Carton Market is being driven by Rise in demand for digitally printed folding cartons

The Folding Carton Market is expected to grow at a CAGR of 4.69% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 43.65 billion. The folding carton market is experiencing significant growth and technological innovations are providing new opportunities for market expansion. Leading vendors in this sector are introducing advanced folding carton products, incorporating nanotechnology for decorative elements that engage customers in retail environments. These new offerings are not only visually appealing, but also made from FSC-certified paper and eco-friendly, featuring a floral design. Moreover, consumer concerns regarding food safety have led to the development of specialized coatings, such as barrier coatings, to ensure the protection and preservation of food products within folding cartons. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on:

• End-user
  • Food and beverage
  • Personal care and household
  • Healthcare
  • Tobacco
  • Others
• Material
  • Paper
  • Plastic
• Geography
  • APAC
    • China
    • India
    • Japan
  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • France
    • Germany
    • Italy
    • UK
  • Middle East and Africa
  • South America

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Rise in demand for digitally printed folding cartons
• Growing demand for folding carton food delivery and takeaway
• Growth of e-commerce sector

However, the market also witnesses some limitations, which are as follows:

• Rise in occurrences of contamination from recycled paperboard
• Stringent regulations on use of folding cartons
• Volatility in prices of raw materials of folding cartons

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Market Scope in Folding Carton Market Research Report

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Research Analysis Overview

The Folding Carton Market caters to the demand for eco-friendly and customizable product packaging in various consumer goods sectors, particularly food and beverage, frozen goods, and e-commerce. Sustainability is a key focus with the use of paperboard, biodegradable packaging, and lightweight cartons. Green packaging solutions include RFID technology for tracking and anti-counterfeit measures such as covert authentication, holographic seals, and tamper-evident closures. Smart packaging innovations incorporate QR codes, digital technology, UV inks, and thermochromic inks, enhancing consumer experience and product safety. Sustainable practices continue to drive growth in this market, with a shift towards environment-friendly solutions and the integration of paperboard materials and eco-friendly inks.

Market Research Overview

The folding carton market, a segment of the global paper packaging industry, offers sustainable and customizable product packaging solutions for various consumer goods, particularly in the food and beverage sectors. Folding cartons are environmentally friendly, biodegradable, and recyclable, aligning with the growing consumer preference for eco-friendly packaging. Technavio identifies key trends in this market, including the integration of green packaging, anti-counterfeit technologies, and smart packaging solutions, enhancing product protection, brand security, and consumer engagement. These advanced packaging innovations contribute to the overall growth and evolution of the folding carton market.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/