Product ID: SQMIG15H2011
Global Folding Cartons Market Size, Share, Growth Analysis, By Structure Type(Straight Tuck End, Reverse Tuck End), By Wall Construction(Single-Wall Corrugated Sheet, Double-Wall Corrugated Packaging and Triple-Wall Corrugated Packaging), By Material Type(Biopolymer, Paper and Paperboard), 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)), By Order Type(Customized and Standard), By End Users(Food, Beverage) - Industry Forecast 2024-2031
Report ID:
SQMIG15H2011 |
Region:
Global |
Published Date: February, 2024
Pages:
242
|
Tables:
178 |
Figures:
79
Global 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.
Global Folding Cartons Market Report Snapshots
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