Press release
Folding Cartons Market - Demand for SBS-based Folding Cartons to Continue at Robust Pace
Obtain Report Details @ https://www.transparencymarketresearch.com/asean-folding-cartons-market.html
The ASEAN folding cartons market, as stated in the report, is expanding at a very healthy CAGR of 7.10% within a forecast period from 2016 to 2024. The market was valued at US$2.8 bn in 2016 and is likely to reach US$4.9 bn by the end of 2024.
Players Focus on Booming Indonesia Demand for Folding Cartons
From a regional perspective, the ASEAN folding cartons market has so far been dominated by the massive demand emanating from Indonesia. This region’s CAGR of 7.20% from 2016 to 2024 highlights its impact on the overall ASEAN market, and this growth rate is attributed to the region’s food and beverages industry. Over the coming years, Malaysia and Thailand are expected to prosper in terms of demand for folding cartons.
Pharma and Healthcare Usage of Folding Cartons Set to Rise
The food and beverages industry has shown a phenomenal increase in demand for folding cartons in the ASEAN region. SBS-based folding cartons are likely to gain favor over the course of this report’s forecast period. The overall demand for folding cartons in the ASEAN food and beverage industry can be witnessed in this application segment’s CAGR of 6.80% for the given forecast period. The utility of folding cartons is gaining a lot of traction owing to the increasing distribution and demand for fresh foods.
Request a PDF Brochure with Future Analysis @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=21275
“The demand for folding cartons is expected to witness a considerable boost over the coming years, thanks to the pharma and healthcare industry boom in the ASEAN region. As the population in the region grows at a swift pace, expenditure on healthcare increases proportionately and given the adequate development of the healthcare industry, the opportunity of using faster and more efficient manufacturing methods and materials for folding cartons opens up. Over the coming years, the impact of pharma and healthcare demand for folding cartons will become more and more visible,” states a TMR analyst.
About TMR
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
Contact TMR
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Folding Cartons Market - Demand for SBS-based Folding Cartons to Continue at Robust Pace here
News-ID: 1394106 • Views: …
More Releases from Transparency Market Research
Handheld Marijuana Vaporizer Market Key Drivers, Market Research, and Insights f …
The global handheld marijuana vaporizer market has witnessed remarkable growth in recent years, attributed to the increasing acceptance of medicinal marijuana and the demand for convenient and discreet consumption methods. Valued at US$ 5 billion in 2021, the market is projected to surge at a CAGR of 13.4% to reach US$ 15.9 billion by 2031. This article delves into the factors driving this growth, the evolving market landscape, and the…
Disinfectant Wipes Market Forecast 2020-2030 - Market Size, Drivers, Trends, And …
The COVID-19 pandemic has precipitated a remarkable surge in the demand for disinfectant products, with a notable emphasis on disinfectant wipes as an essential tool in maintaining hygiene and preventing the spread of pathogens. This research report delves into the multifaceted landscape of the disinfectant wipes market, elucidating key trends, drivers, and innovations shaping the industry.
𝐆𝐞𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐫𝐞𝐩𝐨𝐫𝐭 @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=70359
Key Players and Market Developments
Key players…
Tissue Banking Market is Expected to Reach US$ 2,903.3 Million to 2026| TMR Stud …
The global 𝐭𝐢𝐬𝐬𝐮𝐞 𝐛𝐚𝐧𝐤𝐢𝐧𝐠 𝐦𝐚𝐫𝐤𝐞𝐭 reached a value of US$ 1,056.4 million in 2017 and is projected to nearly triple to US$ 2,903.3 million by 2026, with a robust Compound Annual Growth Rate (CAGR) of approximately 12.0% from 2018 to 2026. Factors such as increasing awareness about tissue donation, technological advancements, and a growing target patient population are anticipated to propel market growth during this period.
Moreover, the market is expected…
Vascular Closure Devices Market to reach US$ 1 Billion by 2027: TMR Study
This report by Transparency Market Research, Inc. assesses the present state and future growth potential of the global 𝐯𝐚𝐬𝐜𝐮𝐥𝐚𝐫 𝐜𝐥𝐨𝐬𝐮𝐫𝐞 𝐝𝐞𝐯𝐢𝐜𝐞𝐬 𝐦𝐚𝐫𝐤𝐞𝐭. It features a comprehensive executive summary, offering insights into various segments of the market. Additionally, the report provides detailed analysis and data on product, access type, application, end user, and regional segments within the global market.
Vascular closure devices is estimated to reach a value of ~US$ 1 Bn…
More Releases for Folding
Sliding and Folding Door Hardware Market Report 2018: Segmentation by Type (Wood …
Global Sliding and Folding Door Hardware market research report provides company profile for Spectrum Brands, Knape and Vogt, Andersen, Tyman plc, KIN LONG Company, Richelieu Inc., ASSA ABLOY, Hafele, Roto Frank, DORMA, Siegenia-aubi and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and…
Folding Electric Bicycle
In this report, the global Folding Electric Bicycle market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022.
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Folding Electric Bicycle in these regions, from 2012 to 2022…
Folding doors Market Report 2017 - LaCantina Doors, Sapa Building System, Arcat, …
Apex Research, recently published a detailed market research study focused on the "Folding doors Market" across the global, regional and country level. The report provides 360° analysis of "Folding doors Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Folding doors industry, and estimates the future trend of Folding doors market on…
Folding Cartons Market - Food and Beverages Industry to Remain Dominant End User …
The ASEAN folding cartons market has gained significant impetus from the robust growth of small- and medium-sized enterprises (SMEs) and various other industries in ASEAN countries over the last couple of years. Since there is a free trade agreement between the ASEAN countries, most of the small and large scale industries need packaging materials in large volume, consequently boosting the demand for folding cartons.
The preference for folding cartons is anticipated…
Folding Cartons Market: Demand for SBS-based Folding Cartons to Continue at Robu …
The ASEAN folding cartons market has gained significant impetus from the robust growth of small- and medium-sized enterprises (SMEs) and various other industries in ASEAN countries over the last couple of years. Since there is a free trade agreement between the ASEAN countries, most of the small and large scale industries need packaging materials in large volume, consequently boosting the demand for folding cartons.
The preference for folding cartons is anticipated…
Multivariable selective folding system
Within a customer’s project MB Bäuerle designed and produced a selective folding system. One of its features is its manifold possibility of feeding and processing. Due to its compact construction and due to the smooth accessibility the complete system is extremely easy to use.
The system is able to feed, collect and fold documents with different formats. Therefore, loading can be done via a suction feeder, flat pile feeder…
