Printed Carton Market Size to grow by USD 21.5 billion between 2024-2028
According to a research report “ Printed Carton Market” by End-user (Food and beverage, Personal care and household, Healthcare, Others) Product (Corrugated carton, Folding carton) Geography (APAC, North America, Europe, South America, Middle East and Africa)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 21.5 billion, at a CAGR of 2.15% during the forecast period. In the realm of retail, organized retail signifies a network of retail stores, entirely owned or franchised, controlled and managed by a solitary large corporate entity. This sector holds a significant market share in countries like the US, the UK, and Canada. A pivotal aspect of organized retail is the sale of packaged goods. The US presently spearheads the global organized retail sector, with prominent players such as Walmart Inc., Costco Wholesale Corporation, Kroger Co., Home Depot Product Authority, LLC, Target Brands, Inc., and Amazon.com. These corporations have recently broadened their reach to emerging markets in Asia, the Middle East, and South America..
Browse market data tables, figures, and in-depth TOC on “Printed Carton Market” by End-user (Food and beverage, Personal care and household, Healthcare, Others) Product (Corrugated carton, Folding carton) Geography (APAC, North America, Europe, South America, Middle East and Africa) Global Forecast to 2028. Download Free Sample
By End-user, the Food and beverage segment is projected to dominate the market size in 2024
The Printed Carton Market represents a significant business sector, characterized by continuous growth and innovation. Market participants prioritize advanced technologies, such as digital printing and sustainable materials, to cater to evolving consumer demands. Key players collaborate to enhance production efficiency and reduce environmental impact, ensuring long-term profitability and market competitiveness.
By Product, Corrugated carton segment is expected to hold the largest market size for the year 2024
The printed carton market represents a significant segment within the packaging industry, offering businesses a cost-effective and sustainable solution for product transportation and storage. These customizable containers enhance brand visibility through high-quality graphics and designs, while ensuring product protection during transit. Key market drivers include increasing consumer demand for eco-friendly packaging options and the growing trend towards automation in manufacturing processes.
APAC is forecasted to hold the largest market size by region in 2024
The Printed Carton Market represents a significant segment within the packaging industry, showcasing robust growth driven by increasing consumer demand for convenient and eco-friendly packaging solutions. Brands are shifting towards sustainable carton packaging to reduce their carbon footprint and cater to evolving consumer preferences. This trend is further fueled by advancements in digital printing technology, enabling customized and cost-effective carton production. The market is expected to continue its upward trajectory, offering lucrative opportunities for stakeholders.
The Printed Carton Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:
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Research Analysis Overview
The Printed Carton Market encompasses a wide range of applications and substrates, including containerboard for corrugated and carton boxes, kraft board for heavy-duty packaging, and paperboard for lighter weight cartons. Setup costs and initial investments for printing facilities vary depending on the chosen printing technologies such as digital, lithography, and Flexography. Brands invest in these facilities to ensure effective product identification and branding for various industries like Healthcare, Homecare, Electronics, Spices, Soups, and Packaged Foods. Containerboard, recycled or virgin, is a popular choice for many applications due to its strength and cost-effectiveness. Substrates like liquid board and electronics grade paperboard cater to specific industries. Branding and identification are crucial in the competitive market, driving the demand for high-quality printing technologies. Environmentally-friendly options, such as recycled materials, are also gaining popularity. Overall, the Printed Carton Market offers diverse solutions for various industries, balancing cost, quality, and sustainability.
Market Research Overview
The Printed Carton Market encompasses a wide range of industries, including beverages, personal care, pharmaceuticals, and food, among others. With an expanding population base and changing consumer lifestyles, the demand for efficient and sustainable packaging solutions has surged. Cartons, made from raw materials like natural supply and recycled paperboard, offer numerous advantages, such as minimizing wastes, reducing operational costs, and ensuring product availability. The beverage industry, in particular, relies heavily on cartons for their lightweight, recyclable packaging. Beverage cartons are also known for their shock resistance and moisture resistance, making them ideal for transporting sensitive products. The use of recyclable packaging in the form of cartons is a significant step towards reducing toxic waste and landfill activities. Bulk chemicals, electronics, cosmetics, household essentials, healthcare products, and foods are some of the other industries that benefit from the use of cartons. Printing technologies like digital, lithography, and Flexography play a crucial role in branding and identification, while substrates like coated paper, paper board, and liquid board add to the overall processed food industry's aseptic value. The use of kraft board, corrugated board, and paperboard further enhances the rigidity and durability of cartons, ensuring product safety and availability. Initial investments and setup costs for printing facilities can be high, but the long-term benefits of sustainability, efficiency, and consumer appeal make it a worthwhile investment. The use of cartons in industries like healthcare, homecare, and dairy products is a testament to their versatility and value.
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Technavio Research
Jesse Maida
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Email: media@technavio.com
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