The global demand for Folding Carton Market is presumed to reach the market size of nearly USD 163.29 BN by 2030 from USD 258.3 BN in 2022 with a CAGR of 5.9% under the study period 2023 - 2030.
A folding carton is a paper-based box that serves as an item or product's external container. Before being displayed on a shelf, almost every product in the world is stored in a folding carton. Most containers use a folding carton, a cylinder board manufactured from pulp from reprocessed discarded paper. A folding carton is made of paperboard cut, folded, and laminated before being printed and shipped to a packager. The cartons are delivered flat to a packager, who will tuck them into their final shape as a container.
Market Dynamics
The continuous and increasing demand for frozen/chilled meals, dry foods, and cigarettes, particularly in emerging nations, is driving the expansion of the folding carton packaging market. The companies are also heavily investing in recyclable folding cartons to provide environmentally friendly options to a wide range of potential customers, thereby driving market growth. However, the expansion of the market is expected to be restricted by the continuous variations in wood pulp costs.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of folding carton. The growth and trends of folding carton industry provide a holistic approach to this study.
Market Segmentation
This section of the folding carton market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Material
By End-use Industry
- Food & Beverages
- Pharmaceuticals
- Personal Care & Cosmetics
- Electrical & Electronics
- Tobacco
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Folding Carton market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Folding Carton Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the folding carton market include Westrock Company (Australia), Amcor Limited (Australia), Huhtamaki Oyj (Finland), Graphic Packaging International (U.S.), Mayr-MelnhofKarton AG (Austria), Stora Enso Oyj (Finland), Rengo Co. Ltd. (Japan), Oji Holdings Corporation (Japan), Smurfit Kappa Group (Ireland), Seaboard Folding Box Company Inc. (U.S.), Bell Incorporated (U.S.), Schur Pack Germany GmbH (Germany), Georgia-Pacific LLC (U.S.), DS Smith Plc (U.K.). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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