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Printed Cartons Market By 2029 To Grow With A 6.5% CAGR And Expected Become USD 546 Billion In Size | Professional Market Report 2022 To 2029
Based on previous market performance, the Printed Cartons market is expected to reach USD 546 billion in size by 2029. With a 6.5% CAGR.Printed Cartons Market Overview:
A printed carton is a box or container composed mostly of wood paper and occasionally of fiberboard. It is a product that is provided by a variety of third-party organizations in order to supply packaging solutions to manufacturers. Most firms want to outsource their packaging processes in order to reduce staffing requirements and packaging-related overhead costs.
Printed cartons will be a popular choice in the food and beverage industry due to its rigidity and tangibility. Rising disposable income combined with changing dietary trends will have a beneficial impact on overall processed food and beverage sales, which will benefit the printed cartons market.
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The outstanding expansion in the consumer products market across different geographies is related to the growth of the printed cartons market. The food and beverage industry, which grew at a rate of over 15% per year in emerging Asian economies, was identified as a major contributor to printed packaging carton demand.
Based on our expert's analysis the players that are leading the market includes: Elopak Inc., Evergreen Packaging Inc., Refresco Gerber N.V., SIG Combibloc GmbH, IPI S.R.L., International Paper S.A., Sealed Air Corporation, Smurfit Kappa Group, DS Smith Packaging Limited, WestRock Company etc. and Others.
The whole market is segmented as follows:
Printed Cartons Market by Material, 2020-2029, (USD Million), (Kilotons)
Corrugated Board
Paper Board
Coated Paper
Kraft Paper
Printed Cartons Market by Feature, 2020-2029, (USD Million), (Kilotons)
Recyclable
Bio Degradable
Disposable
Printed Cartons Market by End Use, 2020-2029, (USD Million), (Kilotons)
Food and Beverages
Cosmetic & Personal Care
Homecare
Tobacco
Liquor
Others
Industry Developments:
Thimm Packaging Group sold its Puebla, Mexico, production facility to the Tri-Wall group in October 2020, with the goal of ensuring a steady supply of single-use and reusable multi-material packaging to existing clients across North America.
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Printed Cartons Market' s top organizations are operating in a dynamic set-up, wherein they are required to incorporate unprecedented advances to reap benefits from the latest and upcoming information technologies and industry trends.
Regional Analysis:
This report is segmented into several key Regions, with production, consumption, revenue and market share and growth rate of Printed Cartons Market. These regions, from 2022 To 2029, covering North America, Europe, China, Japan, Southeast Asia, India, North America (USA, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) and ROW.
Our Market Intelligence reports give our clients the information they need to maintain a competitive edge in the marketplace. Competitor Analysis and Profiling studies delve further into a company's competitive strengths and shortcomings. Market assessments conducted by SIS reveal market opportunities, size, and viability.
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