Size Speaks Volumes: Exploring the Extent of the Carton Packaging Market


Posted December 21, 2023 by Delvens124

The global carton packaging Market size is projected to reach a CAGR of 8.39% from 2022-2028.

 
The Carton Packaging Market research report contains a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies interspersed with relevant data. Furthermore, the report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. It also examines market performance and the position of the market during the forecast period.
Carton Packaging Market, By End Use (Food & Beverage, Personal Care & Cosmetics, Electrical & Electronics), and region (North America, Europe, Asia-Pacific, Middle East and Africa and South America)
Carton Packaging Market Overview
The global carton packaging Market size is projected to reach a CAGR of 8.39% from 2022-2028.
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Folding carton is made up of paperboard, wide availability, and sustainability of paperboard at a lower cost makes folding carton a popular packaging choice among end-use industries. Besides, folding cartons can be produced in varied sizes as per end-use application as compared to bulkier packaging solutions this further attract end-user industries towards the packaging.
Increasing preference for biodegradable packaging over plastic packaging is the major factor that has supported long-term expansion for Carton Packaging Market.
Carton Packaging Market Regional Analysis
APAC accounted for the largest share of the Carton Packaging Market. The paper & paperboard packaging market in APAC is driven by the demand from countries such as China, Japan, and India. The market for paper & paperboard packaging in APAC is expected to increase in the next five years due to increasing disposable income of people in developing countries and more dependence on convenience food, the packaging industry is booming in the Asia-Pacific region.
Carton Packaging Market Competitive Landscape
Key Players
• WestRock Company
• Bell Incorporated
• Graphic Packaging International
• LLC
• Amcor Limited
• Huhtamaki Oyi
• Sonoco Products Company
• Georgia-Pacific LLC
Recent Developments in the Carton Packaging Market
In March 2021, International Paper completed the acquisition of two state-of-the-art corrugated box plants of Ortloff Engineers, Ltd. (Germany). This purchase will enhance the capabilities of the company in Madrid and Catalonia. It offers its customers high-quality packaging solutions in the industrial, fresh fruits and vegetables, and e-commerce segments.
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Reasons to Acquire Carton Packaging Market Report
• Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
• Gain authentic and granular data access for Carton Packaging Market so as to understand the trends and the factors involved behind changing market situations
• Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
• In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns
Table of Contents
Carton Packaging Market is segmented into end use and region.
On the basis of End Use
Food & Beverages
Household
Personal Care & Cosmetics
Healthcare
Tobacco
Electrical & Electronics
Others
On the basis of Region
Asia Pacific
North America
Europe
South America
Middle East & Africa
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Issued By Delvens
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Last Updated December 21, 2023