Global folding carton market, 2024-2030

Folding cartons and packaging is considered to be the most popular and common kinds of consumer packaging. They are extensively utilized in the retail packaging. The increasing concerns regarding product safety and easy handling are increasing the demand for the folding cartons and other types of packaging. In addition to incremental gains in lightweight board grades and introducing recycled paper content, environmental pressures from brands and consumers are pushing the market towards eco-friendly materials.

The global folding carton market research report sheds light on the market circumstances by carrying out primary and secondary research for more than 320 hours. As per the report, the global folding carton market is growing at a fast pace and increasing its geographical footprint rapidly. The global folding carton market is valued at US $ xx million dollars in 2018 which is forecast to grow at CAGR of xx% and reach a massive US $ xx million dollars by the end of 2023 in value.

Across numerous parts of the world, changing food habits and changing lifestyle are significant aspects for the development of packaged food & beverage sector. Packaged food producers are implementing rigid packaging solutions which are likely to be appealing to customers and are less probable to get spoilt at the time of transportation. The liking for folding cartons is projected to augment further due to the cost advantage and the increased safety these cartons offer at the time of transportation as well as handling of items. The increasing demand and popularity for packaged & takeaway food items are also anticipated to influence the global folding cartons market in the Asian countries.

On the other hand, the accessibility of rigid boxes and flexible plastic packaging materials at reasonably low costs may restrict the uptake of the global folding cartons market to some extent in the coming future, which is likely to reflect negatively on this global market.

Some of the most important market players in the global folding cartons market are Westrock Company, Amcor Limited, KapStone Paper and Packaging Corp., Huhtamaki Oyi, Georgia-Pacific LLC, Sonoco Products Company, Mayr-MelnhofKarton AG, Rengo Co. Ltd., AR Packaging Group AB, Stora Enso Oyi, Pratt Industries Inc., U.S., Oji Holdings Corporation, Great Little Box Company Ltd., Corrugated Inc., Graphic Packaging Holding Company, Metsa Board Corporation, Multi Packaging Solutions Inc., and Schur Pack Germany GmbH., among others.

Research Methodology

The research process includes the market segmentation of the global folding carton market, identifying the growth determinants of every market segment and market forecasts. The primary source from the supply side includes industry experts, CEOs, vice president, directors, and key executives of various industry players. The primary source from demand side includes marketing manager and experts from various application industries. Market Krystal held more than 40 interviews for this study, details of which are mentioned:

By company type:

Manufacturers (40%), Suppliers (20%), Consumers (20%), Researchers (10%), Independent industry consultant (10%)

By geography:

North America (25%), Asia (40%), Europe (20%), Rest of the World (15%)

By designation:

Top level (40%), Operation level (20%), Mid-level (40%)

Contents of the report:

• Insights on the global folding carton industry dynamics
• Estimation of the present global folding carton market size in terms of value and volume
• Global folding carton market breakup based on type and application
• Substantiated global folding carton market forecast for the next five years.
• In depth analysis of the leading companies working across different nodes of global folding carton industry value chain