New Report on Global Folding Carton Industry 2017 at Market Research Nest

MarketResearchNest.com adds “Global Folding Carton Market 2017-2021” new report to its research database. The report spread across 96 pages with table and figures in it.
Research analysts forecast the global folding carton market to grow at a CAGR of 4.84% during the period 2017-2021.

About Folding Carton
Folding cartons are paper-based container boxes used in the packaging of various durable goods. These are a flexible, cost-effective, lightweight, and durable form of packaging, and find extensive application in the packaging of consumer and industrial goods. In addition, folding cartons are used for packing products of different shapes and sizes. Therefore, the end-user industries for folding cartons include the food industry, healthcare industry, personal and household care industry, and other industries.

Covered in this report
The report covers the present scenario and the growth prospects of the global folding carton market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

Browse full table of contents and data tables at https://www.marketresearchnest.com/global-folding-carton-market-2017-2021.html

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Folding Carton Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Technavio recognizes the following companies as the key players in the global folding carton market: Graphic Packaging International, Smurfit Kappa, Sonoco, and WestRock.

Other Prominent Vendors in the market are: ALL PACKAGING COMPANY, Amcor, Bell Incorporated, Delta Packaging, International Paper, and Mayr Melnhof Karton.

Commenting on the report, an analyst from Research team said: “One trend in the market is premiumization of folding cartons. As the consumer lifestyle has upgraded cross the globe, demand for premium products has increased. Premium packaging is an indication of high-quality products inside the folding carton. Premium folding cartons have a metallic look along with innovative designs and patterns that draw the attention of consumers.

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According to the report, one driver in the market is increase in demand for folding cartons from healthcare sector. The demand for folding cartons is projected to witness a considerable boost from the healthcare industry during the forecast period. It is projected to be valued at more than $13 billion in 2021, and APAC is expected to dominate the demand in the same year. Folding cartons include paperboard cartons and cases that are widely used to contain, protect, and transport medical products and pharmaceutical drugs. The Association of Southeast Asian Nations (ASEAN) countries are expected to be the chief contributors to the increase in the demand for folding cartons in the healthcare industry, due to swift growth in population along with an increase in expenditure on healthcare.

Further, the report states that one challenge in the market is rise in cost of raw materials. The primary raw material used in the manufacturing of folding cartons is paper pulp. The prices of paper pulp are volatile because they depend on the supply and demand of the product. There has been a widening gap between the demand and supply of paper pulp for the last 4-5 years and this, in turn, has led to an increase in the cost of raw materials. Also, paper pulp is extracted from wood, and wood prices have witnessed an increment of around 13% since 2014. The price of wood pulp is projected to rise at an annual rate of around 5% by 2019.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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