Folding Box Market Key Players, End User Demand and Analysis Growth Trends by 2032

A recent market research report added to repository of Analytics Market Research is an in-depth analysis of Global Folding Box Market. On the basis of historic growth analysis and current scenario of Folding Box market place, the report intends to offer actionable insights on Global market growth projections. Authenticated data presented in report is based on findings of extensive primary and secondary research. Insights drawn from data serve as excellent tools that facilitate deeper understanding of multiple aspects of Global Folding Box market. This further helps user with their developmental strategy.

This report examines all the key factors influencing growth of Global Folding Box market, including demand-supply scenario, pricing structure, profit margins, production and value chain analysis. Regional assessment of Global Folding Box market unlocks a plethora of untapped opportunities in regional and domestic market places. Detailed company profiling enables users to evaluate company shares analysis, emerging product lines, scope of NPD in new markets, pricing strategies, innovation possibilities and much more.

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In 2021, the market for folding cartons was estimated to be worth USD 156.14 billion. The market is anticipated to expand at a CAGR of 4.8% from 2022 to 2029, rising from USD 162.50 billion to USD 226.10 billion. Folding carton demand has been lower than expected in all regions compared to pre-pandemic levels due to the unprecedented and devastating nature of the global COVID-19 pandemic. Our research shows that the global market will have a loss of -2.8% in 2020 compared to 2019.

One of the most widely used forms of product packaging, folding cartons are frequently used to carry goods of all kinds.
They are used to package a variety of goods, including food, cosmetics, electronics, pharmaceuticals, and many others. These are either corrugated cardboard boxes or box sleeves.

or single-ply paperboard, and are made using a specific machine that scores, glues, and cuts the box material to create the necessary size and shape. They have a number of advantages over other kinds of packaging, which fuels the expansion of the market as a whole. They are in great demand throughout a wide range of end-use sectors since they are readily available in practically any size and shape and are extremely configurable. Also, over the course of the projection period, the market for folding cartons is expected to rise due to the packaging's ability to be both economical and environmentally beneficial.

Anti-counterfeit technologies are becoming more and more popular, and it is predicted that this will spur market expansion. These technologies can be particularly effective for packaging. Anti-counterfeit technologies, including RFID, embedded barcodes, and many more, are simple to implement because of their great rigidity and printability. Due to the increase in counterfeiting, the usage and awareness of anti-counterfeit measures are predicted to develop quickly, becoming a crucial trend for the market. Also, because they are an intelligent system for storing or carrying quick PCR-based COVID-19 testing, packaging businesses have boosted their use in tandem with the spreading coronavirus outbreak. Businesses that produce these packaging solutions are seizing the chance, which could lead to market expansion. The development of smart packaging solutions is also becoming popular.

AUTOMOTIVE FACTORS

Possible Advantages of Folding Cartons Drive Demand in a Variety of Industries

Many advantages of folding cartons, including their great printability, flexibility, and rigidity, have led to a demand in a number of end-use industries. These packaging solutions are mostly used by end-user sectors to package small and medium-sized consumer goods, pharmaceuticals, and food and beverage products. They are built and manufactured in such a way that many various styles can be produced from them. Each style is customised to match certain requirements and the needs of the consumers, which helps it become popular with end-use industries.

Also, because they are environmentally friendly, the market will experience tremendous growth in the years to come. Moreover, a global regulatory body's effective prohibition on single-use plastic packaging and rising sustainability There is now a demand for eco-friendly and non-plastic packaging due to consumer awareness. So, the market is being driven by these prospective advantages.

The market is expanding alongside the food and beverage sector. Due to increased public awareness of food safety, folding cartons with various coatings are now commonly used to absorb undesired particles from food and stop entry. The market's expansion can also be ascribed to the persistent need for cigarettes, ready-to-eat foods, dry goods, and frozen/chilled food, particularly in developing nations. They are regarded as the ideal choice for packing different dry goods. They are extensively utilised in a variety of dry meals, including rice, dried fruits and vegetables, pasta, almonds, dried fruits, dried beans and peas, potatoes in a box, and many more.

Also, the evolving customer tastes, nutritional habits, and eating patterns all contribute to the market's expansion.
Moreover, the demand for barrier coating will fuel market expansion. The demand for barrier coatings has been driven by the growing use of curtain coating technology in paper mills, the introduction of water-based converter coatings, and the advancement of nanotechnology to provide thinner barriers.

Market Segmentation
Global Folding Box Market: Segmentations

Global Folding Box Market: Major Players
Mayr-Melnhof Karton AG
Keystone
Baumer hhs GmbH
Keystone
Van Genechten Packaging
AR Packaging Group AB
Stora Enso Oyj
Huhtamaki Oyj
Sappi Europe
Schur
Barcelona Cartonboard, S.A.U.
Karton-Pak SA
STI Group
API Netherlands B.V.

Global Folding Box Market: By Types
Plastic
Cartons
Others

Global Folding Box Market: By Applications
Food and Beverages
Household
Personal Care
E-commerce
Healthcare
Tobacco
Hardware and Electrical

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Global Folding Box Market: Regional Analysis
The countries covered in the regional analysis of the Global Folding Box market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

Reasons to Purchase this Report:

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors

• Provision of market value (USD Billion) data for each segment and sub-segment

• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

• Includes in-depth analysis of the market of various perspectives through Porter's five forces analysis
• Provides insight into the market through Value Chain

• Market dynamics scenario, along with growth opportunities of the market in the years to come

• 6-month post-sales analyst support

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