Originally published on Technavio:Folding Carton Market Analysis for APAC, North America, Europe, Middle East, and Africa, South America - US, Canada, China, India, Germany - Size and Forecast 2024-2028

The market's growth hinges on factors such as the increasing demand for digitally printed folding cartons, rising preferences for folding carton food delivery and takeaway, and the expansion of the e-commerce sector.

Market Size During Forecast Period:
The surge in demand for digitally printed folding cartons propels market growth. Global adoption of digital printing is on the rise due to the need for rapid turnaround and personalized packaging from diverse brands. Retailers, brands, and supply chain partners are witnessing a heightened demand for folding cartons with visually appealing graphics, aiming to capture consumer attention.

Key Market Trends
Technological advances in folding cartons emerge as a trend in the market. Ongoing technological enhancements present new opportunities as the demand for this packaging type continues to grow. Leading folding carton vendors focus on introducing products with advanced features, incorporating nanotechnology decorative elements designed to captivate and engage customers in the retail drinks environment.

These products, often made from FSC-certified paper and printed with innovative designs, address the rising consumer awareness of food safety. Coatings, including barrier coatings, are developed to prevent the absorption of undesirable contaminants into food products. This heightened technological integration contributes to market growth during the forecast period.

Major Market Challenge
The increase in contamination occurrences from recycled paperboard poses a hindrance to market growth. While recycling paper and paperboard helps reduce waste and landfill, it introduces challenges when it comes to packaging materials. Inks used in recycled paper, such as varnish or print ink, contain mineral oil that may contaminate packaged food, presenting a potential health concern after prolonged storage. Hence, this challenge impedes market growth during the forecast period.

Market Segmentation By End-user, Material, and Geography
Market End-user Analysis
The food and beverage segment is poised for significant growth during the forecast period. Growing sales of packaged food and beverages drive the demand for folding cartons globally. Evolving lifestyles and food habits contribute significantly to the growth of the packaged food and beverage industry.

Folding Carton Market Size

Get a glance at the market contribution of various segments View the PDF Sample

The food and beverage segment, valued at USD 54.28 billion in 2018, dominates the market. Manufacturers of packaged food are increasingly adopting rigid packaging solutions that appeal to consumers and ensure product integrity during transportation. Folding cartons find applications in packaging a wide range of food and beverage products, including cereals, dry food, frozen foods, candies and confectioneries, dairy products, refrigerated meat, wine, juices, beer, carbonated soft drinks, non-carbonated specialty beverages, and others (as secondary packaging). These factors drive demand within this segment, fueling market growth during the forecast period.

Market Material Analysis
The market is segmented into paper and plastic based on material, with the paper segment capturing the largest share. Widely used in packaging soap, perfumes, and other cosmetic products, paper folding cartons exhibit significant demand driven by the cosmetics industry. Perceived as more eco-friendly than plastic due to their paper-based composition and recyclability, paper folding cartons can be customized in various shapes, sizes, and features, enhancing brand identity and product appeal. The growing preference for sustainable packaging and increasing restrictions on plastic use further contribute to the growth of the paper segment, driving overall market growth during the forecast period.

Market Region Analysis
Folding Carton Market Share by Geography

For more insights on the market share of various regions Download PDF Sample now!

APAC is expected to contribute 50% to the global market growth during the forecast period. Analysts at Technavio provide detailed insights into regional trends and drivers shaping the market.

Major Market Companies:
Companies employ diverse strategies, including strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to bolster their presence in the market.

All Packaging Co: The company specializes in low carbon and ultra-low carbon ferrochrome for stainless steel production.

The research report provides detailed analyses of the competitive landscape, featuring information about 15 market companies, including:

To Learn deeper into this report , View Sample PDF
The market research report covers the entire market adoption cycle, from the innovator phase to the laggard stage, emphasizing adoption rates across different regions based on penetration levels. Essential purchasing factors and factors influencing price sensitivity are outlined to assist companies in assessing and formulating effective growth strategies.

Folding Carton Market Share by Geography

Customer Landscape
The market report predicts revenue-based market growth globally, regionally, and at the country level, providing an analysis of the latest trends and growth opportunities from 2018 to 2028.

For more information please contact.

Technavio Research
Jesse Maida
Media Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/