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Folding Cartons Market Size, Share & Industry Analysis, By Type (Single Walled Corrugated Packaging, Double Walled Corrugated Packaging, Triple Walled Corrugated Packaging, Others), By End-User Industry (Food & Beverages, Household, Personal Care & Cosmetics, Healthcare, Tobacco, Electrical & Electronics, Other) and regional forecast 2022-2029

Region : Global | Report ID: FBI104898 | Status : Ongoing

 

KEY INDUSTRY INSIGHTS

Folding cartons are one of the most popular type of packaging material in market. it is widely used in retail packaging sector foe packaging of individual as well as bulk consumer goods and products. Folding cartons make the packaging aesthetically pleasing and organized which attracts the consumers. It also promotes the effective display of products which further helps in generation of sales.


Increasing demand for folding cartons from food & beverages sector is likely to boost the market growth. Increasing demand for frozen foods, dry food, cigarettes, and other food products from emerging economies is one of the factors supporting the market growth. Additionally, folding cartons are made of paperboards and are lower in cost. Increasing demand for such eo-friendly ad cost-effective packaging is expected to drive the market.


However, there are many alternative options for sustainable packaging solutions with superior properties like plastic, PET, HDPE, LDPE, and others in market This is expected to hamper the market growth.


Key Market Driver -

Increasing demand from food & beverage sector.

Key Market Restraint -

Availability of alternative packaging solutions


Market Segmentation:


Based on grade, the global folding cartons market is segmented into single walled corrugated packaging, double walled corrugated packaging, triple walled corrugated packaging, and others. Based on end-user industry, market is segmented into food & beverages, household, personal care & cosmetics, healthcare, tobacco, electrical & electronics, and others.


From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.


Key Players Covered:


The global folding cartons market consists of global & regional players operating. Some of the key players in the market include Westrock Company, Graphic Packaging International, Amcor Limited, Sonoco Products Company, Bell Incorporated, Georgia-Pacific LLC, and others.


Key Insights



  • New Advancements in Production Technologies

  • Key Trends in the Folding Cartons Market

  • New Product Launches, Expansions, Key Players

  • Ranking of Key Players in the Market


Regional Analysis:


The market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is expected to account for largest share in market in terms of production and consumption. Due to the increasing demand from food packaging and personal care industry, regional market is expected to show exceptional growth. The large manufacturing base in China is supporting market growth. North America is estimated to show substantial growth attributed to the increasing demand for sustainable packaging solutions. Europe is expected to show significant growth attributed to the demand from personal care and food & beverages industry. Latin America and Middle East & Africa shall exhibit sluggish growth by the end of forecast period.


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Segmentation






















 ATTRIBUTES    


 DETAILS    

By Type




  • Single Walled Corrugated Packaging

  • Double Walled Corrugated Packaging

  • Triple Walled Corrugated Packaging

  • Others



By End-User Industry




  • Food & Beverages

  • Household

  • Personal Care & Cosmetics

  • Healthcare

  • Tobacco

  • Electrical & Electronics

  • Other



By Geography




  • North America (U.S., and Canada)

  • Europe (Germany, UK, France, Italy, and Rest of Europe)

  • Asia Pacific (China, India, Japan, and Rest of Asia Pacific)

  • Latin America (Mexico, Brazil, and Rest of Latin America)

  • Middle East & Africa (UAE, South Africa, and Rest of Middle East & Africa)



Folding Cartons Industry Developments



  • In April 2020, Graphic Packaging Holding Company (GPHC) a packaging solution provider for food, pharmaceutical, food services, and other consumer products completed its acquisitions of consumer packaging group business from the Grief Inc.

  • In October 2017, Amcor presented Carton packaging solution with prismatic effect. the company used Jaholo, a special micro-embossing printing technology for the folding cartons.


  • Ongoing
  • 2021
  • 2018-2020

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