The Global Folding Cartons Market is accounted for $39.6 billion in 2016 and expected to grow at a CAGR of 5.2% to reach $56.7 billion by 2023. The market factors such as increase in developing countries with higher production and consumption of products, attractive and appealing packaging to entice customers, eco-friendly packaging and demand for good quality packaged foods are driving the market growth.
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However, the occurrence of substitutes for folding cartons packaging and economic conditions related to folding cartons manufacturing are inhibiting the market growth. The trend of industries to move towards single serve packs, introduction of smaller packs of their products, increasing requirement for additions to packaging such as QR codes, holographic images, Fresnel lenses and other 3D devices and the development of smart packaging are increasingly driving towards using folding cartons.
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The food products segment dominated the market due to demand for convenient packaged food products from consumers. The healthcare industry is the largest user of folding cartons, followed by the tobacco industry.
Asia Pacific region is accounted for the largest market share as new manufacturing technologies are driving the growth of the market in this region. North America is the second largest contributor to growth of the market, due to the healthcare sector in the region.
Europe and Latin America contribute their significant presence in the global market because of personal care and confectionary industries.
The key players in global Folding Cartons market are Amcor Limited, Graphic Packaging International, Inc, Artistic Carton Company, Cherokee Packaging Inc, Craftsman Packaging, Inc, F.P.Woll & Co, Smurfit Kappa, Menasha Packaging Company LLC, Midlands Packaging Corporation, WestRock Company, Laural Packaging Group and Pacific Southwest Container.
Hardware and Electrical
French Reverse tuck
Standard Reverse tuck
Standard Straight tuck
Tuck & Tongue
Airplane Style Straight
Green Folding Cartons
Plastic Folding Cartons
Paperboard Folding Cartons
Rest of Europe
Rest of Asia Pacific
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements
List Of Tables:
Table 1 Global Folding Cartons Market Outlook, By Region
Table 2 Global Folding Cartons Market Outlook, By Application
Table 3 Global Folding Cartons Market Outlook, By Healthcare
Table 4 Global Folding Cartons Market Outlook, By Tobacco Products
Table 5 Global Folding Cartons Market Outlook, By Personal Care
Table 6 Global Folding Cartons Market Outlook, By Food
Table 7 Global Folding Cartons Market Outlook, By Hardware and Electrical
Table 8 Global Folding Cartons Market Outlook, By Paper Products
Table 9 Global Folding Cartons Market Outlook, By Household Care
Table 10 Global Folding Cartons Market Outlook, By Other Applications
Table 11 Global Folding Cartons Market Outlook, By Structure
Table 12 Global Folding Cartons Market Outlook, By French Reverse tuck
Table 13 Global Folding Cartons Market Outlook, By Standard Reverse tuck
Table 14 Global Folding Cartons Market Outlook, By Rectangular Sleeve
Table 15 Global Folding Cartons Market Outlook, By Standard Straight tuck
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