Folding Cartons Market is expected to generate an incremental $ opportunity of US$ 79.0 Bn between 2022 and 2030; Anti-counterfeit packaging solutions to trigger the market growth

According to a research survey conducted by ChemView Consulting, in 2022, the Global Folding Cartons Market was worth US$ 147.7 Bn and is expected to grow at a CAGR of 5.5% over the forecast period. The market is expected to hit US$ 226.6 Bn by 2030 end.

Folding cartons are made of paperboard. Its wide availability and sustainability at a cheaper cost make it a popular packaging choice among end-use industries. Compared to bulkier packaging solutions, folding cartons may be created in various sizes based on end-use application, further attracting end-user industries to Packaging.

Folding Cartons Market 2017-2030: Report Key Highlights:

  • Detailed information on factors that will assist Global Folding Carton’s growth during the next eight years
  • Assessment of the historical and current Global Folding Cartons Market size (2017-2021), market projections (2022-2030), and its contribution to the parent market
  • The growth of the Folding Cartons Market across North America, Europe, East Asia, South Asia & Pacific, Latin America, Middle East, and Africa
  • Segment-wise, country-wise, and region-wise market analysis
  • Key drivers, restraints, opportunities, and key emerging trends impacting market growth
  • Predictions on critical supply, demand, and technological trends and changes in consumer behavior
  • Value chain analysis (list of manufacturers, distributors, end-users, average profitability margins, etc.)
  • Competition mapping, market share analysis, key strategies adopted by top players, and competitive tactical intelligence
  • Covid-19 impact on the market and how to navigate
  • Strategic market analysis and recommendations on crucial winning strategies

For More Details Visit Our Report Page:

Key Takeaways

By End-Use: Food and beverage emerged as the largest end-use segment in 2021, accounting for approximately 37.5% of market revenues. This dominance is likely to continue during the forecast period. The packaged food market’s sustained expansion contributed to the segment’s highest share in 2021.

Globally changing consumer lives and rising disposable income have resulted in greater consumption of convenient food products such as packaged meals. A busy lifestyle and an increase in the number of working women have led to the rise in the consumption of ready-to-eat food products, which is likely to further expand the size of the food & beverage industry in the future.

By Region: In 2021, Asia Pacific dominated the worldwide folding carton packaging market. China, India, and Indonesia are among the Asia Pacific’s growing economies. Changing consumer lifestyles, higher disposable incomes, and expanding demand for packaged foods like ready-to-eat meals will likely boost folding carton demand over the forecast period.

The increasing presence of organized retail chains in Asia has fueled demand for packaged food goods, benefiting the industry.

Competition Summary

The existence of a huge number of companies all over the world has resulted in a highly fragmented market. Key firms are progressively acquiring small and medium-sized businesses to broaden their geographic reach and reinforce their existing portfolio.

Packaging businesses are expanding their efforts to become better environmental stewards. They are expanding production capacity to increase the availability of environmentally friendly solutions for the Packaging, protection, and preservation of fresh food from farm to store.

Key companies covered in the market study are Amcor plc, Sonoco Products Company, Westrock Company, DS Smith, Rengo Co. Ltd., Graphic Packaging International, LLC, Huhtamaki Oyj, Schur Pack Germany GmbH, Canpac, Winston Packaging, Smurfit Kappa, Mondi, Glossop Cartons and Webpac.

Segments Covered in Report

By Type:

  • Single-walled corrugated Packaging
  • Double walled corrugated Packaging
  • Triple walled corrugated Packaging
  • Others

By End-Use:

  • Food & Beverages
  • Household
  • Personal Care & Cosmetics
  • Healthcare
  • Tobacco
  • Electrical & Electronics
  • Others

By Region and Country:

  • North America (U.S., Canada)
  • Latin America (Brazil, Mexico, Rest of Latin America)
  • Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
  • Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
  • Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
  • Africa (South Africa, Nigeria, Egypt, Rest of Africa)

About ChemView Consulting’s Packaging Domain

ChemView Consulting’s Packaging domain provides unique, reliable, and in-depth analysis of the packaging business with the help of its in-house and experienced analysts and subject matter experts. The comprehensive coverage includes Packaging Equipment’s & Materials, Advanced Packaging, Industrial Packaging, Food & Beverage Packaging, Household Packaging, Personal Care and Pharmaceutical Packaging, and ICT Packaging. In addition, for developing – “The Future Growth Plan,” our research studies serve as market reference guides for manufacturers, research institutes, channel partners, and government agencies.

About ChemView Consulting

ChemView Consulting is a leading information, market intelligence, and consulting company serving worldwide Chemicals & Materials, Food & Beverage, Oil & Gas, Clean Energy, and Packaging clients. ChemView Consulting serves clients in approximately 100 countries, with its office in the U.S. and delivery centers in India.

What sets ChemView Consulting apart?

  • Full-time research experts and subject matter experts
  • In-house primary research team
  • The in-house data visualization team
  • Industry-wide network of research partners
  • Database subscriptions
  • The exclusively tailored research process

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