Folding Cartons Market

Folding Cartons Market - Size, Share, and Industry
Analysis - 2027
Folding cartons are the most popular product used in the packaging industry. They
are made up of paperboard, which is printed, and cut, folded and glued before
transporting package. Usually, cartons are shipped flat to customers where they use
packaging machinery to fold these cartons into its final shape as a container for a
product. Paperboard, which is made of cellulose or wood fibers is a heavier weight
grade of paper. There are various styles of paperboard folding carton including
sleeve, tuck end, seal end, top 1-2-3 bottom, 4 corners beers tray, tuck top auto
bottom, tuck Kwikset tray, lock corner tray, and walker lock tray. Folding cartons
have been the first choice of packaging as they are environment-friendly, suitable for
different designs, and suitable for printing pictures, graphics, and text.
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Market Outlook
Global folding cartons market size is expected to witness significant growth and
register a CAGR of 4.65% over the forecast period (2019-2027). Folding cartons find
applications in various industries, which is fueling its demand and eventually driving
the market growth. Pharmaceutical sector is expected to hold a major share in the
market during the forecast period. Furthermore, folding cartons manufacturing
companies are investing heavily in research and development to provide more
efficient products and cement their place in the market. Moreover, advancement in
printed electronics technology for developing smart packaging solutions is expected
to fuel the market growth. The demand for smart folding cartons is increasing as they
can be tracked the delivery process, providing sophisticated packaging solutions for
customers.
However, global folding cartons market is expected to witness restraints, owing to
easy accessibility flexible and rigid plastic boxes at reasonable low cost. This is
expected to hinder the demand for folding cartons, subsequently affecting the market
growth.
Market Regional Analysis
Asia Pacific is expected to hold significant market share in the global folding cartons
market, owing to increasing demand for folding cartons in the region. Development
of bakery and confectionary market is increasing the demand for folding cartons, and
subsequently supporting the market growth. The demand for folding cartons has
substantially increased in emerging economies such as India, China, Malaysia,
Indonesia, and Thailand, driving the market growth. Moreover, Europe is expected a
second largest market share in the market, witnessing significant growth during the
forecast period. Furthermore, North America and Latin America are expected to hold
a significant share in the market, owing to increasing demand for folding cartons.
Market Players
Some of the major players operating in the global folding cartons market include
Ingersoll Paper Box, Graphic Packaging Holding Co., Americraft Carton, Inc.,
MeadWestvaco Corp., RockTenn Co., Mayr-Melnhof Karton AG, Keystone Folding
Box Company, Bert-Co, and Corrugated Replacements
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Global folding cartons market size is expected to witness significant growth and register a CAGR of 4.65% over the forecast period (2019-2027).

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