Global Folding Cartons Market

Folding Cartons Market Size, Share, Growth Analysis, By Structure Type(Straight Tuck End, Reverse Tuck End, Tuck Top Auto-Bottom, Tuck Top Snap-Lock Bottom), By Wall Construction(Single-Wall Corrugated Sheet, Double-Wall Corrugated Packaging and Triple-Wall Corrugated Packaging), By Material Type(Biopolymer, Paper and Paperboard, Plastics and others), By 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 X 14 (Inch)), By Order Type(Customized and Standard), By End Users(Food, Beverage, Cosmetic and Personal Care, Institutional), By Region - Industry Forecast 2024-2031


Report ID: SQMIG15H2011 | Region: Global | Published Date: February, 2024
Pages: 242 |Tables: 178 |Figures: 79

Folding Cartons Market Insights

Folding Cartons Market size was valued at USD 156.41 billion in 2019 and is poised to grow from USD 163.92 billion in 2023 to USD 249.96 billion by 2031, growing at a CAGR of 4.8% in the forecast period (2024-2031).

Folding cartons are a common packaging solution among end-use industries because they are composed of paperboard, which is widely available and more cost-effectively sustainable. Additionally, compared to bulkier packaging options, folding cartons may be created in a variety of sizes, which further draws end-user industries to the packaging. A number of procedures are involved in the production of folding cartons, commencing with paperboard folding cartons that are printed, laminated, cut, and folded afterwards. It is appropriately bonded at the conclusion of the process. The majority of the packaging contain pulp made from recycled waste paper.

A solid sulphate board of a better grade and lower weight with a plastic covering is used to create the folding carton for food packing. The thickness of the board is constrained because of restrictions on cutting equipment. The holding capacity of the folding cartons is constrained. They can only support a few pounds or kilos of weight in total. Numerous industries use folding cartons, which increases demand and ultimately propels market expansion. During the forecast period, the pharmaceutical industry is anticipated to account for a significant portion of the market. In order to produce more effective goods and solidify their position in the market, folding carton manufacturing businesses are also making significant investments in research and development.

US Folding Cartons Market is poised to grow at a sustainable CAGR for the next forecast year.

Market Snapshot - 2024-2031

Global Market Size

USD 156.41 billion

Largest Segment

Paper and Paperboard

Fastest Growth

Paper and Paperboard

Growth Rate

4.8% CAGR

Global Folding Cartons Market ($ Bn)
Country Share for Asia Pacific Region (%)

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Folding Cartons Market Segmental Analysis

Global Folding Cartons Market is segmented on the basis of structure type, wall construction, material, dimension type, order type, end users, and region. On the basis of structure type, Folding Cartons Market is sub segmented into Straight Tuck End, Reverse Tuck End, Tuck Top Auto-Bottom, Tuck Top Snap-Lock Bottom, Full Seal End, Double Glued Sidewall and others. According to wall construction, Folding Cartons Market is sub segmented into Single-Wall Corrugated Sheet, Double-Wall Corrugated Packaging and Triple-Wall Corrugated Packaging. On the basis of material, the Folding Cartons Market is sub segmented into Biopolymer, Paper and Paperboard, Plastics and others. According to dimension the Folding Cartons Market is sub segmented into 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 X 14 (Inch). On the basis of order type, it is bifurcated into customized and standard. According to end user, the Folding Cartons Market is segmented into Food, Beverage, Cosmetic and Personal Care, Institutional, Healthcare, Household, and Electrical and Electronic, E-Commerce, Tobacco and others. Based on region, Folding Cartons Market is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA.

Folding Cartons Market Analysis by Material

The Paper and Paperboard segment held the largest share in Global Folding Cartons Market in 2021 owing to their increased utilization by retailers and product manufacturers. Folding cartons of this kind may be efficiently stored, stacked, and conveniently seen on store shelves. Additionally, folding cartons are environmentally friendly and recyclable, increasing the long-term value of the product without degrading environmental quality.

Thick paperboard segment is expected to witness the fastest growth rate during the forecast period owing to their increasing demand from product manufacturers. The adaptability of paperboards, which allows for stiff folding of cartons, high-strength packaging, and packaging of furniture components, among others, is projected to promote the expansion of this market. The increased creative innovation and image opportunities that are supporting the success of packaging in retail stores and supermarkets, among other places, are anticipated to favourably influence the folding carton industry.

Folding Cartons Market Analysis by End User

The Food & Beverages segment accounted for the highest market share and held a large revenue share in 2021. It is expected to maintain its dominance during the forecast period. The packaged food segment’s continuous growth was responsible for the segment's greatest share. Consumption of packaged food and other easy-to-use food products has risen as a result of changing consumer habits throughout the world and growing disposable income. Additionally, a busy lifestyle and a rising number of working women have been driving up the consumption of ready-to-eat food items, which is projected to result in a further growth in the size of the food & beverage industry in the years to come.

The electrical and electronics segment is anticipated to register a high market growth during the forecast period. Numerous electrical goods have been developed as a result of advancing technology. Additionally, as folding cartons are the perfect packaging option for small-sized items, the increased development of compact-sized electrical devices also presents profitable potential for the folding carton maker. Therefore, it is projected that the demand for folding carton would benefit from the electrical and electronics sector's consistent expansion over the next few years.

Global Folding Cartons Market By Material, 2023 (%)

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Folding Cartons Market Regional Insights

Asia Pacific region amounted for the largest share of the folding cartons market in 2021. Over the course of the forecast period, factors such shifting consumer lifestyles, increased disposable incomes, and expanding demand for packaged goods like ready-to-eat meals are anticipated to boost folding carton demand. Additionally, the demand for packaged food goods has been fueled by the region's expanding organised retail chain presence, which is advantageous for the industry. Due to its stiffness and durability, folding cartons are frequently chosen by e-commerce businesses to transport goods to customers. As a result, it is further projected that the region's accelerating e-commerce sector would boost market growth in the years to come.

Middle-East and Africa region is expected to be the fastest growing market for folding cartons during the forecast period. In recent years, the demand for foods and drinks has expanded throughout the Middle East and Africa due to factors including urbanisation and infrastructural development. Furthermore, it is projected that market expansion in the area would be aided by shifting consumer lifestyles and increased government attention on ecologically friendly packaging.

Global Folding Cartons Market By Region, 2024-2031
  • Largest
  • Fastest

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Folding Cartons Market Dynamics

Folding Cartons Market Driver

  • The demand for folding cartons over plastic packaging is increasing due to the growing need for environmentally friendly packaging options worldwide. Folding cartons are an environmentally friendly, biodegradable packing material. The primary factors driving the folding cartons market are the escalating worries about the buildup of plastic waste on a global scale, the expansion of government measures to encourage sustainability, and the manufacturers' changing attention to eco-friendly packaging.
  • The two main drivers for growth of the global folding cartons market are the ubiquitous availability of folding cartons and their low price. Additionally, the folding cartons come in a variety of sizes, which promotes their adoption across several end-use sectors. The worldwide folding cartons market is expanding as a result of the soaring demand for folding cartons in a variety of end-use industries, including home, food & beverage, healthcare, and electronics.

Folding Cartons Market Restraint

  • The expansion of the global folding cartons market is being limited by various factors. Due to a discrepancy between supply and demand, price fluctuations for wood pulp are anticipated to impede market expansion. The folding carton producers' profit margin has decreased as a result of this.
  • In the aforementioned forecast period, the easy access to durable substitutes and the low threshold strength of folding cartons due to the use of recycled paper are also anticipated to restrain growth of folding cartons market, while a high R&D investment could pose a threat to that market expansion.

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Folding Cartons Market Competitive Landscape

Global Folding Cartons Market is highly fragmented due to the presence of many prominent global players who apply various strategies to expand their market share and dominate the market. Some key players include WestRock Company, Bell Incorporated, Graphic Packaging International, LLC and Amcor Limited among others. The market's leading players are looking forward to increasing their investments in the creation of new products for fulfilling the consumers needs.

Folding Cartons Market Top Player's Company Profiles

  • WestRock Company
  • Graphic Packaging International LLC
  • International Paper Company
  • Smurfit Kappa Group plc
  • Huhtamaki Oyj
  • Amcor plc
  • DS Smith plc
  • Sonoco Products Company
  • Mayr-Melnhof Karton AG
  • AR Packaging Group AB
  • Bell Incorporated
  • Georgia-Pacific LLC
  • Clearwater Paper Corporation
  • Colbert Packaging Corporation
  • Menasha Packaging Company, LLC
  • Graphic Packaging Holding Company
  • KapStone Paper and Packaging Corporation
  • Great Northern Corporation
  • Accurate Box Company Inc.
  • Multi Packaging Solutions International Limited

Folding Cartons Market Recent Developments

  • In November 2022, Sappi North America, a top global manufacturer and supplier of a variety of wood fibre products, recently announced the approval of a $418 million capital project to upgrade Paper Machine No. 2 at its Somerset Mill in Skowhegan, Maine, in order to increase its productivity and create solid bleached sulphate board (SBS) products. Free cash flow will be used to finance the project.
  • In May 2022, for the construction of a new packaging facility in Morocco—its first corrugated factory in the nation—Smurfit Kappa announced an investment of about EUR 35 million. Smurfit Kappa will be able to rapidly and effectively provide its local clientele with innovative and environmentally friendly packaging solutions thanks to the 25,000 m2 factory, which is located in Rabat.

Folding Cartons Key Market Trends

  • The market environment for anti-counterfeit packaging solutions is evolving considerably. Consumers and sellers can determine if a product has been altered or previously opened thanks to tamper-evident closures and labelling. Holographic seals and labels with advanced printing capabilities that are challenging to copy are being used by packaging businesses. Manufacturers can follow the movement of their items using other overt authentication technologies such customised 2D and QR (quick response) codes. Folding cartons, on the other hand, are being used to implement covert authentication systems like digital technology. Inks that respond to ultraviolet and infrared light can be used to check the authenticity of packaging.
  • Numerous cutting-edge solutions are available in the anti-counterfeiting market to combat fakes. The most well-liked of the bunch are: Holographic technology, which ranks highly on the list of traditional anti-counterfeiting technologies, is not dependent on databases or anything else. Users like how simple it is to use and recognise this visual protection solution. The solution for luminescent topcoats is likewise renowned for being user-friendly. When seen in UC light, it shows patterns and colours that are invisible to the naked eye in broad daylight. It is challenging for counterfeiters to replicate this individualised, stealthy solution. Along the whole value chain, it aids in the security of electronics, luxury goods, and medicinal items.

Folding Cartons Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.

According to our Global Folding Cartons Market analysis, the food and beverage industry's rising need for folding cartons is anticipated to fuel market expansion. One of the elements promoting the market's expansion is the rising demand for frozen meals, dry foods, cigarettes, and other food goods from growing nations. Folding cartons are also less expensive and composed of paperboards. The market is anticipated to be driven by rising demand for packaging that is both eco-friendly and reasonably priced. Additionally, the development of smart packaging solutions using advances in printed electronics technology is anticipated to propel market expansion. Due to its ability to track the delivery process and provide consumers advanced packaging options, smart folding cartons are in more demand.

Report Metric Details
Market size value in 2023 USD 156.41 billion
Market size value in 2031 USD 249.96 billion
Growth Rate 4.8%
Forecast period 2024-2031
Forecast Unit (Value) USD Billion
Segments covered
  • Structure Type
    • Straight Tuck End, Reverse Tuck End, Tuck Top Auto-Bottom, Tuck Top Snap-Lock Bottom, Full Seal End, Double Glued Sidewall and others
  • Wall Construction
    • Single-Wall Corrugated Sheet, Double-Wall Corrugated Packaging and Triple-Wall Corrugated Packaging
  • Material Type
    • Biopolymer, Paper and Paperboard, Plastics and others
  • 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 X 14 (Inch)
  • Order Type
    • Customized and Standard
  • End Users
    • Food, Beverage, Cosmetic and Personal Care, Institutional, Healthcare, Household, and Electrical and Electronic, E-Commerce, Tobacco and others
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • WestRock Company
  • Graphic Packaging International LLC
  • International Paper Company
  • Smurfit Kappa Group plc
  • Huhtamaki Oyj
  • Amcor plc
  • DS Smith plc
  • Sonoco Products Company
  • Mayr-Melnhof Karton AG
  • AR Packaging Group AB
  • Bell Incorporated
  • Georgia-Pacific LLC
  • Clearwater Paper Corporation
  • Colbert Packaging Corporation
  • Menasha Packaging Company, LLC
  • Graphic Packaging Holding Company
  • KapStone Paper and Packaging Corporation
  • Great Northern Corporation
  • Accurate Box Company Inc.
  • Multi Packaging Solutions International Limited
Customization scope

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  • Company profile
  • Market dynamics & outlook
  • Region

Historical Year 2019

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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Folding Cartons Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Folding Cartons Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Folding Cartons Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Folding Cartons Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Folding Cartons Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Folding Cartons Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQs

Folding Cartons Market size was valued at USD 156.41 billion in 2019 and is poised to grow from USD 163.92 billion in 2023 to USD 249.96 billion by 2031, growing at a CAGR of 4.8% in the forecast period (2024-2031).

Folding Cartons Market is highly fragmented due to the presence of many prominent players who apply various strategies to expand their market share and dominate the market. Some key players include WestRock Company, Bell Incorporated, Graphic Packaging International, LLC and Amcor Limited among others. The market's leading players are looking forward to increasing their investments in the creation of new products for fulfilling the consumers needs. 'WestRock Company', 'Graphic Packaging International LLC', 'International Paper Company', 'Smurfit Kappa Group plc', 'Huhtamaki Oyj', 'Amcor plc', 'DS Smith plc', 'Sonoco Products Company', 'Mayr-Melnhof Karton AG', 'AR Packaging Group AB', 'Bell Incorporated', 'Georgia-Pacific LLC', 'Clearwater Paper Corporation', 'Colbert Packaging Corporation', 'Menasha Packaging Company, LLC', 'Graphic Packaging Holding Company', 'KapStone Paper and Packaging Corporation', 'Great Northern Corporation', 'Accurate Box Company Inc.', 'Multi Packaging Solutions International Limited'

The demand for folding cartons over plastic packaging is increasing due to the growing need for environmentally friendly packaging options worldwide. Folding cartons are an environmentally friendly, biodegradable packing material. The primary factors driving the folding cartons market are the escalating worries about the buildup of plastic waste on a scale, the expansion of government measures to encourage sustainability, and the manufacturers' changing attention to eco-friendly packaging.

The market environment for anti-counterfeit packaging solutions is evolving considerably. Consumers and sellers can determine if a product has been altered or previously opened thanks to tamper-evident closures and labelling. Holographic seals and labels with advanced printing capabilities that are challenging to copy are being used by packaging businesses. Manufacturers can follow the movement of their items using other overt authentication technologies such customised 2D and QR (quick response) codes. Folding cartons, on the other hand, are being used to implement covert authentication systems like digital technology. Inks that respond to ultraviolet and infrared light can be used to check the authenticity of packaging.

Asia Pacific region amounted for the largest share of the folding cartons market in 2021. Over the course of the forecast period, factors such shifting consumer lifestyles, increased disposable incomes, and expanding demand for packaged goods like ready-to-eat meals are anticipated to boost folding carton demand. Additionally, the demand for packaged food goods has been fueled by the region's expanding organised retail chain presence, which is advantageous for the industry. Due to its stiffness and durability, folding cartons are frequently chosen by e-commerce businesses to transport goods to customers. As a result, it is further projected that the region's accelerating e-commerce sector would boost market growth in the years to come.

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Global Folding Cartons Market

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