NEW YORK, Jan. 24, 2022 /PRNewswire/ -- The folding carton market is set to grow by 14.41 million tons, progressing at a CAGR of 5.54% between 2020 and 2025. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. The convenience of using folding carton will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Folding Carton Market 2021-2025: Segmentation
The folding carton market is segmented as below:
The folding carton market share growth in the food and beverage segment will be significant during the forecast period. The changing lifestyles and food habits are significant factors for the growth of the packaged food and beverage industry. Moreover, the potential growth of packaged food and beverage sales is generating the demand for folding cartons worldwide. In addition, most packaged food manufacturers are adopting rigid packaging solutions that are appealing to consumers and are less likely to get damaged during transportation, which in turn helps in stimulating the demand for folding cartons for food and beverages.
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Folding Carton Market 2021-2025: Vendor Analysis and Scope
The global folding carton market comprises some well-established players that are involved in the design and production of packaging solutions for various applications in a wide range of industries.
To help businesses improve their market position, the folding carton market report provides a detailed analysis of around 25 vendors operating in the market. Some of these vendors include ALL PACKAGING Co., Bell Inc., Coburn Carton Solutions, DS Smith Plc, Graphic Packaging Holding Co., Greif Inc., Huhtamaki Oyj, Mayr-Melnhof Karton AG, Smurfit Kappa Group Plc, and WestRock Co.
The major players in the market are investing heavily in research and development for introducing innovative and attractive products in the market and expanding their customer base. Moreover, mergers, acquisitions, and strategic partnerships are some of the ways the vendors in this market are taking to strengthen their positions.
The report also covers the following areas:
The increasing number of new product launches is likely to emerge as one of the primary drivers of the market. However, the high price of folding carton and the availability of cheaper substitutes may threaten the growth of the market.
Backed with competitive intelligence and benchmarking, our research reports on the folding carton market are designed to provide entry support, customer profile & M&As as well as go-to-market strategy support.
Folding Carton Market 2021-2025: Key Highlights
Paper and Paperboard Container and Packaging Market- The paper and paperboard container and packaging market is segmented by product (paper bags and sacks, corrugated containers and packaging, folding boxes and cases, and others), end-user (food and beverages, industrial products, healthcare, and others) and geography (North America, Europe, APAC, South America, and the MEA). Download FREE Sample Report
Paper Bag Market- The paper bag market is segmented by end-user (retail, food and beverage, construction, pharmaceutical, and others) and geography (North America, Europe, APAC, South America, and the MEA). Download FREE Sample Report
Folding Carton Market Scope
Growth momentum & CAGR
Accelerate at a CAGR of 5.54%
Market growth 2021-2025
14.41 million tons
YoY growth (%)
APAC, North America, Europe, MEA, and South America
Performing market contribution
APAC at 50%
Key consumer countries
China, US, India, Canada, and Germany
Leading companies, Competitive strategies, Consumer engagement scope
Key companies profiled
ALL PACKAGING Co., Bell Inc., Coburn Carton Solutions, DS Smith Plc, Graphic Packaging Holding Co., Greif Inc., Huhtamaki Oyj, Mayr-Melnhof Karton AG, Smurfit Kappa Group Plc, and WestRock Co.
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Table of Contents:
Five Forces Analysis
Market Segmentation by Product
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