Folding Cartons Market Growing Demand by Major Competitor and Strategies Analysis 2019-2027
Folding Cartons Market Growing Demand by Major Competitor and Strategies Analysis
2019-2027
Folding cartons are the most popular product used in the packaging industry. They are made up of
paperboard, which is printed, and cut, folded and glued before transporting package. Usually,
cartons are shipped flat to customers where they use packaging machinery to fold these cartons into
its final shape as a container for a product. Paperboard, which is made of cellulose or wood fibers is
a heavier weight grade of paper. There are various styles of paperboard folding carton including
sleeve, tuck end, seal end, top 1-2-3 bottom, 4 corners beers tray, tuck top auto bottom, tuck
Kwikset tray, lock corner tray, and walker lock tray. Folding cartons have been the first choice of
packaging as they are environment-friendly, suitable for different designs, and suitable for printing
pictures, graphics, and text.
Market Regional Analysis
Asia Pacific is expected to hold significant market share in the global folding cartons market, owing
to increasing demand for folding cartons in the region. Development of bakery and confectionary
market is increasing the demand for folding cartons, and subsequently supporting the market
growth. The demand for folding cartons has substantially increased in emerging economies such as
India, China, Malaysia, Indonesia, and Thailand, driving the market growth. Moreover, Europe is
expected a second largest market share in the market, witnessing significant growth during the
forecast period. Furthermore, North America and Latin America are expected to hold a significant
share in the market, owing to increasing demand for folding cartons.
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Market Outlook
Global folding cartons market size is expected to witness significant growth and register a CAGR of
4.65% over the forecast period (2019-2027). Folding cartons find applications in various industries,
which is fueling its demand and eventually driving the market growth. Pharmaceutical sector is
expected to hold a major share in the market during the forecast period. Furthermore, folding
cartons manufacturing companies are investing heavily in research and development to provide
more efficient products and cement their place in the market. Moreover, advancement in printed
electronics technology for developing smart packaging solutions is expected to fuel the market
growth. The demand for smart folding cartons is increasing as they can be tracked the delivery
process, providing sophisticated packaging solutions for customers.
Top Keyplayers:
Some of the major players operating in the global folding cartons market include Ingersoll Paper
Box, Graphic Packaging Holding Co., Americraft Carton, Inc., MeadWestvaco Corp., RockTenn
Co., Mayr-Melnhof Karton AG, Keystone Folding Box Company, Bert-Co, and Corrugated
Replacements
Key Developments
• In 2018, Elopak introduced Pure-Pak cartons made with natural brown board. The new natural
brown board Pure-Pak cartons are carbon neutral, and it was introduced one year after Elopak
launched its fresh gable top carton made from natural brown board.
• In 2018, WestRock Company acquired KapStone Paper and Packaging Corporation, with the
objective of enhancing its scale and scope in the market, accelerating its ability to achieve strategic
goals, and enhancing its value proposition as the premier partner and provider of innovative,
winning solutions to its customers.
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