Press release
Fully Enclosed Cartons Market to Remain Lucrative During 2017 – 2027
In recent few years folding cartons are considered to be one of the most important packaging type for food & beverages items and is expected to grow significantly over the forecast period 2017-2025. Packaging manufacturers are nowadays looking for innovative packaging solutions in order to capture target customers and have competitive edge. Folding cartons are one of the fastest growing packaging segment across the globe. Fully enclosed cartons are the advance version of folding cartons which are used for packaging of various packaging items such as cans, bottles and some other. Fully enclosed cartons are mainly manufactured from bleached paperboard and coated unbleached kraft paperboard. Fully enclosed cartons market is gaining traction due to recyclable nature of paperboard used in the cartons. All these factors are increasing the growth for fully enclosed cartons.
Global Fully Enclosed Cartons - Market Dynamics:
Fully enclosed cartons market is projected to witness substantial growth due to rising demand for convenient packaging options. Fully enclosed cartons are also getting demand from logistics companies who are looking for small and convenient packaging solution. In addition, fully enclosed cartons are also capable of preserving the quality of food and beverages. Furthermore, fully enclosed cartons are also printed so than it can give aesthetic and promotional value for the product packed in it. Low cost of raw material for manufacturing fully enclosed cartons are getting attracted. Fully enclosed cartons have also seen significant growth due to increase in shipping and cargo industry across the globe. Moreover, fully enclosed cartons are getting restricted due to several other rigid packaging options available in the market. Fully enclosed cartons usage is also restricted towards the usage for small size packs and is not suitable for packaging of product in bulk.
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Global Fully Enclosed Cartons - Market Segmentation:
The global fully enclosed cartons market can be segmented by the material type, by product type, and by application.
On the basis of material type, the global fully enclosed cartons market is segmented into -
Bleached paperboard
Coated unbleached kraft paperboard
White line chipboard
On the basis of structure type, the global fully enclosed cartons market is segmented into -
Rounded corner carton
Two or three piece carton
Straight tuck end carton
Reverse tuck end carton
Double glued side walls carton
Others
On the basis of application, the global fully enclosed cartons market is segmented into -
Cans
Bottles
Jars
Pails
Others
On the basis of end use, the global fully enclosed cartons market is segmented into -
Alcoholic Beverages
Non Alcoholic Beverages
Carbonated Beverages
Others
Global Fully Enclosed Cartons Market – Regional Overview:
The global fully enclosed cartons market can be divided into seven major regions which are as follows -
North America
Latin America
Eastern Europe
Asia-Pacific excluding Japan
Japan
Middle East & Africa
Western Europe
The fully enclosed cartons market in North America and Europe region being a mature market is expected to witness above average growth over the forecast period 2017-2025. Fully enclosed cartons market in Asia Pacific region is anticipated to witness significant growth over the forecast period. Latin America and Middle East & Africa is expected to have a robust growth due opportunities for development in beverage packaging industry over the forecast period 2017-2025.
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Global Fully Enclosed Cartons Market – Key players:
Few of the key players in the fully enclosed cartons market are WestRock Company, Graphic Packaging International, Inc., Aries Packaging SA, Atlas Packaging Ltd., North American Cardboard Inc., Ficus Pax Pvt Ltd, Empire Packaging & Displays, Smurfit Kappa Group, KapStone Paper and Packaging Corp, Sonoco Products Company, Georgia-Pacific LLC, Schur Pack Germany GmbH, etc.
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