Folding Cartons Market Growth, Size, Share, Trends, Analysis, Future Scope, Forecast To 2023
Summary
Global Folding Cartons Market Growth, By Wall Construction (single-wall corrugated sheet. Double-wall corrugated packagingTriple-wall corrugated packaging, By End-User (Healthcare, Household, Personal care and others) and Region - Forecast To 2023
Market Overview
Folding cartons are paperboards that are cut, folded, laminated, and printed for packaging goods. They are available in various sizes and shapes and are often delivered as flat paperboards with creasing to help in packaging. Folding cartons are made of virgin wood pulp, recycled paper stock, or other fibers.
Key Players
The essential players of global Folding Cartons Market Growth include
- Westrock Company (U.S.)
- KapStone Paper and Packaging Corp. (U.S.)
- Multi Packaging Solutions Inc.(U.S.)
- Georgia-Pacific LLC (U.S.)
- Graphic Packaging Holding Company (U.S.)
- Sonoco Products Company (U.S.)
- Huhtamaki Oyi (Finland)
- Schur Pack Germany GmbH (Germany)
- Rengo Co. Ltd. (Japan)
- Amcor Limited (Australia).
Segmental Analysis
By Wall Construction, the market is segmented into single-wall corrugated sheet, double-wall corrugated packaging, and triple-wall corrugated packaging. By end-user, the market is segmented into healthcare, household, personal care, and others. By region, the market is segmented into North America, Europe, Asia Pacific and the rest of the world (RoW).
Regional Analysis
North America region is estimated to show significant market growth. Advancement in printed electronics technology is making the development of intelligent packaging economic by reducing the excessive costs associated with this technology. The smart folding carton market is proliferating due to the increase in the need for sophisticated packaging in applications such as medical monitoring. Smart folding cartons play a significant role in interacting with the end-customers and consumers
China is one of the most significant manufacturers of folding cartons, in terms of both, volume and value. The growing popularity of smart folding cartons is initiating innovations in the folding carton industry of this region and the country's low manufacturing costs balance the cost of shipping these products, contributing to the growth of the market.
Scope of the report
This study provides an overview of the global Folding Cartons Market Growth,, tracking one market segment across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global Folding Cartons Market Growth, by its product and region.
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