Press release
ASEAN Folding Cartons Market Is Expanding At A Very Healthy CAGR Of 7.10%, To Reach US$4.9 Bn By The End Of 2024
ASEAN Folding Cartons Market
ASEAN Folding Cartons Market: Overview
ASEAN folding cartons market is expected to be driven by the mounting growth of packaged and takeaway food products in ASEAN countries. The takeaway food industry is growing in ASEAN as it is now considered to be a new business avenue for investors to make money. Moreover, the number of expats and tourists is increasing every year in ASEAN. This group of people prefer having their daily meals from such takeaways which in turn intensifies the sales of folding cartons during the forecast period.
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Moreover, folding cartons used in bulk storing and transportation cost less compared to other packaging solutions which makes it profitable for such uses. Flexible plastic packaging and rigid boxes are still being adopted owing to their low cost nature and flexibility in comparison to folding cartons which can pose a major challenge in the ASEAN folding cartons market.
ASEAN Folding Cartons Market: Scope of the Study
This report provides forecast and analysis of the ASEAN Folding Cartons market. The study provides historic data of 2015 along with forecast from 2016 to 2024 based on volume (Thousand Tons) and revenue (US$ Mn). It includes drivers, restraints and the ongoing trend of the ASEAN Folding Cartons market along with their impact on demand during the forecast period. The report also comprises the study of opportunities available in the market for ASEAN Folding Cartons market.
In order to provide the users of this report with comprehensive view of market, we have included detailed competitiveness analysis and company players. The competitive dashboard provides detailed comparison of ASEAN Folding Cartons market manufacturers on parameters such as company’s revenue, unique selling propositions and key strategic developments. The study encompasses market attractiveness analysis, by end use, material type and order type.
ASEAN Folding Cartons Market: Research Methodology
Market statistics have been estimated based on average consumption and weighted average pricing of ASEAN Folding Cartons market by product type and the revenue is derived through regional pricing trends. Market size and forecast for each segment have been provided in the context of ASEAN market. The ASEAN Folding Cartons market has been analyzed based on expected demand of the various Folding Cartons products.
Prices considered for the calculation of revenue are average prices obtained through primary quotes from numerous industrial packaging manufacturers, suppliers, and distributors. All key end users have been considered and potential applications have been estimated on the basis of secondary sources and feedback from primary respondents. Market numbers for the product type and application segments have been derived using the top down approach. The market has been forecast based on constant currency rates.
A number of primary and secondary sources were consulted during the course of the study. Secondary sources include Factiva, Industrial Association, Packaging Digest, Packaging world, and Hoover’s, and company annual reports and publications.
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Companies Mentioned in this Report
The report provides detailed competitive outlook including company profiles of key participants operating in the ASEAN market. Key players in the ASEAN Folding Cartons market include Amcor Limited, AR Packaging Group AB, HUHTAMAKI GROUP, Mayr-Melnhof Karton Gesellschaft M.b.h., International Paper, DS Smith PLC, and Rengo Co., Ltd.
The ASEAN folding cartons market is segmented into:
By End User
- Food & Beverages
- Frozen & Chilled food products
- Fresh food products
- Bakery & Confectionary
- Ready to eat food products
- Beverages
- Others
- Homecare Products
- Personal care products
- Pharma and Healthcare products
- Tobacco Products
- Industrial Products
- Others
By Order Type
- Standard
- Customized
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By Material Type
- Solid Bleached Sulfate (SBS)
- Coated Unbleached Kraft (CUK)
- Coated Recycled Board (CRB)
- Uncoated Kraft Boxboard (UKB)
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