Press release
Folding Cartons Market to Expand at A CAGR of 5.25% by 2032|Companies- Westrock Company (Australia), Amcor Limited (Australia), DS Smith Plc (U.K.)
Folding Cartons Market
๐๐ข๐ฌ๐ญ ๐จ๐ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐๐ง๐ญ๐ข๐จ๐ง๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ:
โถ Westrock Company (Australia)
โถ Amcor Limited (Australia)
โถ Huhtamaki Oyj (Finland)
โถ Graphic Packaging International (U.S.)
โถ Mayr-MelnhofKarton AG (Austria)
โถ Stora Enso Oyj (Finland)
โถ Rengo Co., Ltd. (Japan)
โถ Oji Holdings Corporation (Japan)
โถ Smurfit Kappa Group (Ireland)
โถ Seaboard Folding Box Company Inc. (U.S.)
โถ Bell Incorporated (U.S.)
โถ Schur Pack Germany GmbH (Germany)
โถ Georgia-Pacific LLC (U.S.)
โถ DS Smith Plc (U.K.)
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ - https://www.fortunebusinessinsights.com/enquiry/sample/folding-cartons-market-104898
๐๐๐ ๐ฆ๐๐ง๐ญ๐ฌ:
๐๐๐ฉ๐๐ซ ๐๐๐ ๐ฆ๐๐ง๐ญ ๐ญ๐จ ๐๐๐๐ ๐๐๐๐ค๐๐ ๐๐ฒ ๐ข๐ญ๐ฌ ๐๐๐๐ฒ๐๐ฅ๐๐๐ฅ๐ ๐๐๐ญ๐ฎ๐ซ๐ ๐๐ง๐ ๐๐๐ซ๐ ๐ ๐๐ซ๐ข๐ง๐ญ๐๐๐ฅ๐ ๐๐ซ๐๐
As per material, the market is segmented into paper and plastic. Among these, the paper segment is likely to dominate as it is more environment-friendly and easy to recycle. Paper cartons are easy to open and re-close and have a large printable area, which will contribute to segment expansion as well.
๐ ๐จ๐จ๐ & ๐๐๐ฏ๐๐ซ๐๐ ๐๐ฌ ๐๐๐ ๐ฆ๐๐ง๐ญ ๐ญ๐จ ๐๐จ๐ฆ๐ข๐ง๐๐ญ๐ ๐๐ญ๐จ๐ค๐๐ ๐๐ฒ ๐๐ซ๐จ๐ฐ๐ข๐ง๐ ๐๐จ๐ง๐ฌ๐ฎ๐ฆ๐ฉ๐ญ๐ข๐จ๐ง ๐จ๐ ๐๐๐๐๐ฒ ๐ญ๐จ ๐๐๐ญ ๐๐ง๐ ๐๐จ๐ง๐ฏ๐๐ง๐ข๐๐ง๐๐ ๐ ๐จ๐จ๐๐ฌ
According to end-use industry, the market is split into food & beverages, pharmaceuticals, personal care & cosmetics, electrical & electronics, tobacco, and others. Among these, the food & beverages segment captured a significant folding cartons market share. Rising consumption of convenience foods and ready-to-eat products is elevating product demand. Changes in consumer lifestyle and buying behavior and growing working women will contribute to the growth of the segment.
Geographically, the market is segregated into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฏ๐๐ซ๐๐ ๐:
The report entails in-depth insights into drivers, challenges, opportunities, and threats affecting market dynamics over the forecast period. The market is studied at both micro and macro levels by dividing it into segments and regions. Market share, growth rate, sales amassed, profit margins, and valuation of each segment and region are also studied. Latest updates regarding mergers & acquisitions, collaborations, partnerships, and agreements are also documented.
๐๐๐ญ ๐ ๐๐ฎ๐จ๐ญ๐- https://www.fortunebusinessinsights.com/enquiry/get-a-quote/folding-cartons-market-104898
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ฌ๐ญ๐ซ๐๐ข๐ง๐ญ๐ฌ:
๐๐ข๐๐๐ฌ๐ฉ๐ซ๐๐๐ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐๐ฒ ๐๐ง๐-๐ฎ๐ฌ๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฌ ๐ญ๐จ ๐๐จ๐จ๐ฌ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฅ๐ข๐๐๐ซ๐๐ญ๐ข๐จ๐ง
Benefits offered by folding cartons, such as their flexibility, excellent printability, and recyclable nature, have increased their usage in end-use industries. The end-user industries are using these cartons for packaging pharmaceuticals, small and medium-sized consumer goods, or food & beverage products. They can be designed in different styles and specifications to meet consumer demand, which has propelled their demand. Additionally, the ban on single use plastic will affect the market positively as consumers shift toward sustainable and eco-friendly alternatives, thus facilitating the folding cartons market growth.
On the other hand, the decline of the wood pulp market and fluctuations in wood pulp prices due to demand supply gap will act as challenges for businesses operating in this domain.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
๐๐ข๐ฌ๐ข๐ง๐ ๐๐ซ๐จ๐๐ฎ๐๐ญ ๐๐๐ฆ๐๐ง๐ ๐๐ซ๐จ๐ฆ ๐ญ๐ก๐ ๐ ๐จ๐จ๐ & ๐๐๐ฏ๐๐ซ๐๐ ๐๐ฌ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ญ๐จ ๐๐ข๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฅ๐ข๐๐๐ซ๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐
The Europe market is projected to dominate the global market owing to surging product demand from the food & beverage and personal care industries. The rising adoption of multisensory packaging folding cartons will also boost the market growth in the region.
The Asia Pacific market is slated to expand rapidly due to significant expansion of the food & beverage, cosmetics, and other industries.
The North American market is anticipated to grow substantially in the forthcoming years due to surge in demand for sustainable packaging solutions.
Latin America and Middle East & Africa regions are expected to showcase steady growth due to growing product adoption owing to the product's widespread advantages and changing consumer buying behaviors.
๐๐๐๐ ๐๐จ๐ซ๐ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง- https://www.fortunebusinessinsights.com/folding-cartons-market-104898
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐:
๐๐ฑ๐ฉ๐๐ง๐ฌ๐ข๐จ๐ง ๐จ๐ ๐๐ซ๐จ๐๐ฎ๐๐ญ ๐๐จ๐ซ๐ญ๐๐จ๐ฅ๐ข๐จ ๐๐ฒ ๐๐๐๐๐ข๐ง๐ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ญ๐จ ๐๐ข๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฑ๐ฉ๐๐ง๐ฌ๐ข๐จ๐ง
Industry leaders in this domain are making strategic decisions such as collaborations, partnerships, and mergers & acquisitions to maximize the product portfolio. One such move is the launch of new products to expand product portfolio and meet ever-changing consumer demand. In November 2019, HLP Klearfold, a U.S.-based plastic packaging manufacturer, expanded its Recycled Polyethylene Terephthalate (RPET) offerings by introducing 100% Postconsumer Recycled (PCR) content plastic folding carton, Klearfold RPET100. The new product is developed to enable significant consumer product marketers and retailers to gain merchandising or marketing benefits.
๐๐๐ฒ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ:
April 2022: WestRock partnered with Recipe Unlimited to launch a range of paperboard packaging that can be recycled. The aim of this partnership is to prevent 31 million plastic containers from ending up in landfills in Canada.
๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ-
Beverage Cartons Market- https://www.fortunebusinessinsights.com/beverage-cartons-market-105450
Microwave Packaging Market- https://www.fortunebusinessinsights.com/microwave-packaging-market-104211 ๏ปฟ
Micro Flute Paper Market- https://www.fortunebusinessinsights.com/micro-flute-paper-market-103079
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๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
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