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Global Printed Cartons Market Size By Product (Paperboard, Corrugated Board), By Application (Food and Beverage, Hardware and Electronics), By Geographic Scope And Forecast
” in its research database. Get a Free Sample PDF of this Research Report for more Insights with Table of Content, Research Methodology, and Graphs –
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Printed Cartons Market Size And Forecast
Printed Cartons Market size was valued at USD 348.91 Billion in 2022 and is projected to reach USD 559.89 Billion by 2030, growing at a CAGR of 6.09% from 2023 to 2030.
The rise in technological advancements is one of the major trends in the folding carton industry. In order to meet the rising demand for folding cartons, the newest styles, technologies, and product releases are used. The Global Printed Cartons Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Printed Cartons Market Definition
A carton is a box or container that is often composed of paperboard but can also occasionally be made of corrugated fiberboard. For packaging, a variety of carton types are employed. In the majority of industries, a product’s packaging is crucial. Therefore, a lot of manufacturers focus on packaging and have large budgets. Some of the most prevalent and well-liked types of consumer packaging available include packaging and folding cartons. They are frequently used in retail packaging to store individual products, and they can be displayed and promoted quite successfully to increase sales.Food & beverage, hardware & electronics, homecare, healthcare, and cosmetics & personal care are a few end-user industries where printed cartons are largely used for shipping and storing purposes.
They differ in terms of size, color, and thickness. Paperboard, corrugated cardboard, kraft board, coated paper, and liquid board are a few different types of printed cartons. Additionally, printed cartons are divided into three categories based on features: recyclable, biodegradable, and disposable. Since a customer’s preferences for options have an instant impact on the brand, product packaging has become an important factor in their decision-making. Packaging helps to promote brand visibility, which boosts brand value in addition to protecting the product. One of the most significant packaging choices for brand owners and product manufacturers are cartons.
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Global Printed Cartons Market Overview
The rise in technological advancements is one of the major trends in the folding carton industry. In order to meet the rising demand for folding cartons, the newest styles, technologies, and product releases are used. The market for folding cartons is expanding due to the rising demand for packaged food goods. The demand for food will rise in many regions of the world as a result of population growth and rising consumer disposable income. Additionally, this will increase the need for folding cartons in packaging.
The packaging industry appears to be poised for further expansion. The need for processed foods, strong favorable demographics, rising income, and expanding consumer awareness all contribute to the market’s expansion. Due to these causes, the packaging industry as a whole is being forced to switch from bulk packaging to retail, unit-level, and small-sized packaging. Additionally, the market for packaging is anticipated to experience explosive organized retail expansion and recently loosened Foreign Direct Investment (FDI) norms in retail and other industries.
The latest trends are short-distance supply to cut costs and research and development by manufacturers with an emphasis on suitable locations for production. The driving force behind the rising need for printing process innovation is the necessity for ongoing brand distinctiveness in a competitive market. This promotes the development of technology like Fresnel lenses, holographic images, QR codes, and other 3D gadgets. The advancements in printed electronics technology are also bringing about changes.
Global Printed Cartons Market Segmentation Analysis
The Global Printed Cartons Market is Segmented on the basis of Product, Application, and Geography.
Printed Cartons Market, By Product
- Paperboard
- Corrugated Board
- Kraft Board
- Others
Based on Product, the market is bifurcated into Paperboard, Corrugated Board, Kraft Board, and Others. The paperboard segment accounts for the largest market share among the other types of cartons.
Printed Cartons Market, By Application
- Food and Beverage
- Hardware and Electronics
- Homecare
- Others
Based on Application, the market is bifurcated into Food and Beverage, Hardware and Electronics, Homecare, and Others. The food products segment dominates the folding carton market. Increased demand for convenience foods from consumers around the globe, and organized retailing, have resulted in higher demand for folding cartons.
Printed Cartons Market, By Geography
- North America
- Europe
- Asia Pacific
- Rest of the world
On the basis of regional analysis, the Global Printed Cartons Market is classified into North America, Europe, Asia Pacific, and Rest of the world. Asia Pacific is anticipated to retain its dominance throughout the forecast period accounting for over a quarter share of the global printed cartons market. Growth in the Asia Pacific is attributed to the growth of food & beverages, cosmetic & personal care industry in the region.
Key Players
The “Global Printed Cartons Market” study report will provide a valuable insight with an emphasis on the global market. The major players in the market are All Packaging Company, Amcor, Ariba & Company (Mumbai), D S Smith, Guangzhou Yifeng Printing & Packaging Company, Huhtamaki Group, Lithoflex, Refresco Group, and Heubach GmbH., and others.
Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.
Ace Matrix Analysis
The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.
Market Attractiveness
The image of market attractiveness provided would further help to get information about the region that is majorly leading in the Global Printed Cartons Market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.
Porter’s Five Forces
The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. Porter’s five forces model can be used to assess the competitive landscape in the Printed Cartons Market, gauge the attractiveness of a certain sector, and assess investment possibilities.
Report Scope
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period |
2019-2030 |
| Base Year |
2022 |
| Forecast Period |
2023-2030 |
| Historical Period |
2019-2021 |
| UNIT |
Value (USD Billion) |
| Key Companies Profiled |
All Packaging Company, Amcor, Ariba & Company (Mumbai), D S Smith, Guangzhou Yifeng Printing & Packaging Company, Huhtamaki Group, Lithoflex, Refresco Group, and Heubach GmbH. |
| Segments Covered |
|
| Customization Scope |
Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope |
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Research Methodology of Market Research:
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
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