The global folding market is increasingly competitive and fragmented. There are several players that operate in the market, some of the stalwart market players in the global folding market include AR Packaging Group AB. Huhtamaki Oyi, Sonoco Products Company, Westrock Company, and Sonoco Products Company. These players in the global folding cartons market are concentrating on improved products to gain their foothold in the competitive market.
The global folding cartons market is expected to grow at a CAGR of 4.7% during the forecast period 2017 to 2025. The estimated value of consumption is projected to be 29,036,000 tonnes by the end of 2025. The growth in the global folding market is likely to because of rising demand for packaged food and beverages.
On the basis of region, Asia Pacific is foreseen to rule in the global folding cartons market. The growth in Asia pacific is subject to rising trend of packaged food and beverages, especially in developing economies like China and India. On the basis of end users, the global folding carton market is segmented into cosmetics and personal care, food and beverages, institutional, healthcare, household, and electrical and electronics. However, of all these, the food and beverage segment is expected to hold a dominant share in the global folding cartons market during the forecast period.
For More Info | Download PDF Brochure, Click Here: https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=9596
Changing Lifestyle is expected to Stimulate Growth in Global Folding Carton Market
With rapid urbanization and there’s an increasing shift in the standard of living. This calls for convenience food or packaged food. Thus, huge demand for folding cartons comes into place. Hence, the global folding cartons market is expected to grow at substantial rate during the forecast period. Rising technological advancements is also likely to provide growth in the global folding cartons market in the near future. Rising demand for cigarettes are expected to hit the global folding carton market positively.
Cosmetics and Personal Care Sector to Boost Demand in Global Folding Carton Market
Changing lifestyle and rising disposable income has led to increase in consumption of cosmetics and personal care products. This is expected to drive the global folding carton market in the upcoming years.
Additionally, launch of new products, rising consumer awareness is expected to proliferate the global folding market in the forthcoming years. Furthermore, rising research and investments in this field is projected to pave way for the expansion in the global folding market in approaching years. Moreover, the demand to cater to various types and sizes of cartons to provide impetus to the growth in the global folding market.
One thing that may acts as a restraint is rising price of wood pulp, this may dampen the global folding cartons market in the near future. Moreover, the prices of paper has been increasing exorbitantly for the last few years, this again may act as a deterrent in the global folding carton market.
Nonetheless, the market players are investing in introducing eco-friendly cartons, thereby focussing on tapping on potential consumers. Additionally, the healthcare sector and household sector may also create a huge demand for the recyclable and sustainable carton in the near future; Therefore, the global folding carton market is expected to witness an array of opportunities in the upcoming years.
Request For Covid19 Impact Analysis Across Industries And Markets – https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=9596
This review is based on the findings of a TMR report titled, “Folding Cartons Market (Structure Type – Straight Tuck End, Reverse Tuck End, Tuck Top Auto-Bottom, Tuck Top Snap-Lock Bottom, Full Seal End, and Double Glued Sidewall; Dimension Type – Less than 4 X 1.5 X 6 (Inch), 4 X 1.5 X 6 to 6 X 4 X 10 (Inch), 6 X 4 X 10 to 10 X 6 X 12 (Inch), 10 X 6 X 12 to 12 X 8 X 14 (Inch), and More than 12 X 8 X14 (Inch); End-use Industry Type – Food & Beverage (Frozen Food, Fresh Food, Bakery and Confectionery, Ready to Eat Meal, Baby food, Pet Food, Tobacco, Other Food, Beverage (Alcoholic Beverage and Non-alcoholic Beverage)), Cosmetic & Personal Care, Institutional, Healthcare, Household, and Electrical & Electronic; Received Order Type – Customized and Standard; Material Type- Paper (Folding Boxboard, Solid Unbleached Board, Solid Bleached Board, White Line Chipboard) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025.”
The global folding carton market is segmented into:
Straight Tuck End
Reverse Tuck End
Tuck Top Auto-Bottom
Tuck Top Snap-Lock Bottom
Full Seal End
Double Glued Sidewall
Less than 4 X 1.5 X 6 (Inch)
4 X 1.5 X 6 to 6 X 4 X 10 (Inch)
6 X 4 X 10 to 10 X 6 X 12 (Inch)
10 X 6 X 12 to 12 X 8 X 14 (Inch)
12 X 8 X14 (Inch)
Food & Beverage
Cosmetic & Personal Care
Electrical & Electronic
Rest of the Europe
Australia & New Zealand
Rest of Asia Pacific
Latin America (LATAM)
Rest of LATAM
Middle East & Africa
Rest of MEA
Customization of the Report: This report can be customized as per your needs for additional data or countries. – https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=9596
Related Reports Press-Release –
U.S. Office Contact
90 State Street, Suite 700
Albany, NY 12207
USA – Canada Toll Free: 866-552-3453
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to industry leaders, consultants, and strategy professionals.
Our reports are single-point solutions for industries to grow, evolve, and mature. Our significant-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive data we offer customized solutions through adhoc reports. These demands are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
TMR believes that unison of solutions for client-specific problems with right methodology of research is the key to help enterprises reach right decision.
This release was published on openPR.