Folding Cartons Global Market Outlook 20172023 [Report Updated: 01082017] Prices from USD $4150
According to Stratistics MRC, 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, ecofriendly packaging and demand for good quality packaged foods are driving the market growth. 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.
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.
Applications Covered:
Healthcare
Tobacco Products
Personal Care
Food
Hardware and Electrical
Paper Products
Household Care
Other Applications
Structures Covered:
French Reverse tuck
Standard Reverse tuck
Rectangular Sleeve
Standard Straight tuck
Mailer Lock
Bellows Tuck
Tuck Tongue
Airplane Style Straight
Products Covered:
Green Folding Cartons
Plastic Folding Cartons
Paperboard Folding Cartons
Regions Covered:
North America
o US
o Canada
o Mexico
Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
South America
o Argentina
o Brazil
o Chile
o Rest of South America
Middle East Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o 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
Original Article: Folding Cartons Global Market Outlook 20172023 [Report Updated: 01082017] Prices from USD $4150
