While sticking to certain steps to collect, record, and analyse market data the top notch Folding Cartons Market research report has been prepared. This professional and broad market report underlines the primary and secondary drivers, market share, possible sales volume, leading segments and geographical analysis. In addition, businesses can be well acquainted with the level of the marketing problems, reasons for failure of particular product already existing in the market, and prospective market for a new product to be launched. With the universal Folding Cartons Market report business can build a strong organization and make better decisions that take business on the high level of success.
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Data Bridge Market Research analyses that the folding cartons market is expected to reach USD 257.15 billion by 2030, which was USD 165.03 billion in 2022, registering a CAGR of 5.70% during the forecast period of 2023 to 2030
Explore Further Details about This Research Folding Cartons Market Report https://www.databridgemarketresearch.com/reports/global-folding-cartons-market
REPORT METRIC | DETAILS |
Forecast Period | 2023 to 2030 |
Base Year | 2022 |
Historic Years | 2021 (Customizable to 2015- 2020) |
Quantitative Units | Revenue in USD Billion, Volumes in Units, Pricing in USD |
Segments Covered | By Structure Type (Straight Tuck End, Reverse Tuck End, Tuck Top Auto-Bottom, Tuck Top Snap-Lock Bottom, Full Seal End, Double Glued Sidewall, Others), Wall Construction (Single-Wall Corrugated Sheet, Double-Wall Corrugated Packaging, Triple-Wall Corrugated Packaging), Material Type (Biopolymer, Paper and Paperboard, Plastics, Others), Dimension Type (Less than 4 X 1.5 X 6 (Inch), 4 X 1.5 X 6 to 6 X 4 X 10 (Inch), 6 X 4 X 10 to 10 X 6 X 12 (Inch), 10 X 6 X 12 to 12 X 8 X 14 (Inch), More than 12 X 8 X14 (Inch)), Order Type (Customized, Standard), End User (Food, Beverage, Cosmetic and Personal Care, Institutional, Healthcare, Household, and Electrical and Electronic, E-Commerce, Tobacco, Others) |
Countries Covered | U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa |
Market Players Covered | WestRock Company (Ireland), Georgia-Pacific (U.S.), International Paper (U.S.), Amcor plc (Switzerland), Sonoco Products Company (U.S.), DS Smith (U.K.), Huhtamaki (Finland), Mondi (U.K.), Smurfit Kappa (U.S.), ), Rengo Co. Ltd (Japan), Graphic Packaging International LLC (U.S.), Oji Holdings Corporation (Japan), Stora Enso (Finland), Mayr-Melnhof Karton AG (Austria), Pactiv Evergreen Inc. (U.S.), Keystone Paper & Box Company, Inc (U.S.) |
Market Opportunities |
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Market Definition
A folding carton is a rectangular container that is used for the packaging of various products. Folding carton is made up of paperboard, and the sustainability of paperboard at a lower cost makes it a popular packaging option among end-use industries. The folding carton is available in numerous colors, sizes, and designs. It can be customized according to the need of the customer. A folding carton is used for packaging products for storage and shipment.
Folding Cartons Market Dynamics
Drivers
- Increasing usage of folding cartons in the tobacco industry
The growing usage of folding cartons in tobacco packaging because of its printability and convenience will likely generate immense opportunities within the market. The tobacco industry has been accounting for significant traction despite the severe bans and taxation, mainly because of the growing demand from the millennial population. Growing stress levels among the younger population have also increased the demand for tobacco-based products such as cigarettes. Thus, the growth of the tobacco industry will likely generate significant demand for folding cartons during the forecast period.
- Growing usage of paper and paperboard folding cartons by manufacturers and retailers
The increasing usage of paper and paperboard folding cartons by product manufacturers and retailers will likely impede the market growth. The paper and paperboard folding cartons can be efficiently stacked, stored, and viewed easily on retail shelves. Furthermore, folding cartons are eco-friendly and recyclable, which improves the long-term value of products without affecting the quality of the environment. Therefore, manufacturers and retailers' increasing usage of paper and paperboard folding cartons boost the market growth.
Opportunities
- Growth and expansion of the electrical and electronics sector
The electrical and electronics end-use sector is projected to grow significantly during the forecast period. Increasing technological advancement has been leading to the growth of various electronic products. Furthermore, the increasing expansion of compact-sized electrical products also provides lucrative opportunities for the manufacturer in the folding carton because the folding carton is the perfect packaging solution for compact-sized electrical products. Thus, the sturdy growth of the electrical and electronics industry is expected to impact the demand for folding cartons in the upcoming few years.
- Increasing popularity of smart folding cartons
The growing popularity of smart folding cartons is also raising the market's growth. The demand for smart folding cartons is growing because of the increasing requirement for modern packaging applications such as clinical monitoring. It progresses in the printed electronics innovation, leading to the advancement in smart packaging. Furthermore, smart folding cartons allow merchants to track the package all over the delivery cycle, as they give customers product data using Q.R. codes for clients. Therefore, the growing popularity of smart folding cartons will create ample opportunities for market growth.
The investment made in the study would provide you access to information such as:
- Folding Cartons Market [Global Folding Cartons Market – Broken-down into regions]
- Regional level split [North America, Europe, Asia Pacific, South America, Middle East & Africa]
- Country wise Market Size Split [of important countries with major Folding Cartons Market share]
- Market Share and Revenue/Sales by leading players
- Market Trends – Emerging Technologies/products/start-ups, PESTEL Analysis, SWOT Analysis, Porter's Five Forces, etc.
- Market Size)
- Market Size by application/industry verticals
- Market Projections/Forecast
Why choose Data Bridge Market Research?
- Modern technologies, such as artificial intelligence, to provide updated industry growth.
- DBMR team provides clients with the top notch Folding Cartons Market research report.
- Interaction with research scientists and development heads to understand the nature of the Folding Cartons Market more precisely.
- 24/7 availability of services.
- Data collection from implementation vendors, service providers, and raw material suppliers to provide a clear perspective with Forecast period.
DBMR team uses very fair means to gather information that is scrutinized at every stage while structuring an influential Folding Cartons Market size
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