Carton Packaging Market Report 2024 by Delvens offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The global carton packaging Market size is projected to reach a CAGR of 8.39% to 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.
Recent Developments
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.
Key Players
· WestRock Company
· Bell Incorporated
· Graphic Packaging International
· LLC
· Amcor Limited
· Huhtamaki Oyi
· Sonoco Products Company
· Georgia-Pacific LLC and More
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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 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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Reasons to Acquire
· 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
In addition to the market data for Carton Packaging Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement.
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Delvens is a strategic advisory and consulting company headquartered in New Delhi, India. The company holds expertise in providing syndicated research reports, customized research reports and consulting services. Delvens qualitative and quantitative data is highly utilized by each level from niche to major markets, serving more than 1K prominent companies by assuring to provide the information on country, regional and global business environment. We have a database for more than 45 industries in more than 115+ major countries globally.
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