Press release
Printed Cartons Market to See 5.3% CAGR Growth to 2024: Growth Factor & Trends
Positive growth indicators in the cosmetics & personal care industry primarily in Asia Pacific will make substantial contribution to the Printed Cartons Market by 2024. Rapidly evolving consumer spending power primarily in India, China, Japan and Indonesia along with consistently evolving packaging standards will subsequently have a positive impact on the printed cartons market during the forecast period.
Request a sample copy of Printed Cartons Market Research Report @ https://www.marketstudyreport.com/request-a-sample/616489/?utm_source=opr-SK
Printed Cartons Market is poised to exceed USD 188 billion by 2024; as per a new research report.
Mounting consumer demand in the hardware & electronics industry chiefly in North America is likely to help attain significant gains to the printed cartons market over the projected timeframe. This is credited to large investment to the research & development of the aforementioned industry owing to rapidly changing consumer's preferences for technically advanced gadgets & equipment. Furthermore, fierce competitive forces among key players to standout from existing counterparts in the industry has resulted in growing adoption for striking packaging procedures which is anticipated to make noteworthy contribution to the printed cartons market by 2024.
High prices of the recently developed digital printing methods compared to traditional printing techniques is anticipated to hinder the printed cartons market in the coming years. However, mounting printed cartons demand across various industries, for instance, hardware & electronics, cosmetics, homecare, food & beverage, healthcare, homecare, etc. will create abundant opportunities for the printed cartons market by 2024.
Corrugated board accounted for the largest share of the business in 2016. The product is majorly used for packaging fragile or easily breakable material as it offers excellent shock resistance and safety against moisture. They are primarily utilized in hardware & electronics industry owing to presence of edges & depressions which enhances overall stiffness of the carton. These cartons are projected to grow at a healthy CAGR due to its lucrative and customizable features which will help achieve promising gains to the overall printed cartons market by 2024.
Enquire about this report @ https://www.marketstudyreport.com/enquiry-before-buying/616489/?utm_source=opr-SK
Bio-degradable printed cartons market is likely to grow close to CAGR of 5.5% by 2024. The market growth will be mainly attributed to the fact that they can be completely broken down by the action of microbes and can help reduce the amount of waste to subsequently achieve environment sustainability. Rising concerns against pollutants in the environment has led to formulation of stringent laws to take initiative against reducing waste, which will have optimistic influence on the bio-degradable printed cartons market by 2024.
Cosmetics & personal care industry for printed cartons market will experience growth close to 4.5% CAGR by 2024. It is extensively used in cosmetics & personal care segment in various forms including paper & paperboard packaging to deliver excellent packaging which not only provides cushioning to personal care items but also helps to improve the overall brand image through attractive printing and labels on the cartons.
Asia Pacific printed cartons market was valued close to USD 40 billion in 2016. Substantial industry share along with decent growth rate by 2024 will be credited to China and India owing to rapid population pace and socioeconomic factors which will help propel several end-user industries including food & beverage, electronics, healthcare, homecare, cosmetics & personal care, etc. which will make noteworthy contribution to printed cartons use in the region.
Key industry share contributors of printed cartons are Amcor, WestRock, Lithoflex, Tetra Pak International, Refresco, Winston Packaging, Glossop Cartons, Evergreen Packaging and All Packaging Company.
Read full report description @ https://www.marketstudyreport.com/reports/printed-cartons-market/?utm_source=FR-SK
Related Reports: -
Mixed Reality Headsets Market Size By Technology (Augmented Reality (AR) Headsets [By Product {Head Mounted Displays, Smart Glasses}, By Application {Entertainment, Healthcare, Aerospace & Defense, Automotive, Retail, Industrial}], Virtual Reality (VR) Headsets [By Product {Tethered, Untethered}, By Application {Entertainment, Healthcare, Aerospace & Defense, Automotive, Retail}], Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, France, Italy, Russia, China, India, Japan, South Korea, Australia, Brazil, Mexico, GCC, South Africa), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2017 - 2024
Rising need of retailers to inspire their customers through AR/VR video marketing is expected to propel the mixed reality headsets market growth. 2D videos cannot offer high degree of customer engagement, which AR/VR can, thus enabling the companies ...
https://www.marketstudyreport.com/reports/mixed-reality-headsets-market/?utm_source=RR-SK
About Us:
Centralize market research purchases across your entire organization in one place. Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.
Market Study Report
The Green Suite #4594,
Dover, DE 19901
United States
Phone: 1-201-355-0868
US Toll Free: 1-866-764-2155
Email: sales@marketstudyreport.com
Website: https://www.marketstudyreport.com
News: https://www.marketstudyreport.com/category/news-releases/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Printed Cartons Market to See 5.3% CAGR Growth to 2024: Growth Factor & Trends here
News-ID: 852322 • Views: …
More Releases from marketstudyreport.com
Load Bank Market Growth Prospectus by 2028 - Business Opportunities by ASCO Powe …
A concise assortment of data on the 'Load Bank Market' offers an exhaustive study targeting current market trends influencing the business across assorted regions. Significant details related to market size, market share, applications, and statistics are put together to convey an ensemble prediction of the industry. The research further focuses on comprehensive competitor analysis in addition to highlighting growth strategies embraced by market leaders.
Load Bank Market Size was estimated…
Agriculture Equipment Market is Expected to Reach USD 161640 Million by 2028 - J …
Global Agriculture Equipment Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of the market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report.
Global Agriculture Equipment Market Size was estimated at USD 114110 million in 2021 and is projected to reach USD 161640 million by 2028, exhibiting a CAGR of…
Electric Vehicle Market Size to grow at a CAGR of 23.5% through 2028| Tesla Inc. …
Global Electric Vehicle Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report.
The electric vehicles (EVs) market is estimated to witness a robust growth rate of 23.5% during the period 2019-2028.
The operation is done to stop ligament tears and…
Fuel Cell Air Compressor Market is Expected to Reach USD 512.3 Million by 2028 - …
Global Fuel Cell Air Compressor Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report.
Global Fuel Cell Air Compressor Market Size was estimated at USD 215.1 million in 2021 and is projected to reach USD 512.3 million by 2028, exhibiting…
More Releases for Cartons
Mono Cartons Market Witness Remarkable Growth by 2028
Mono cartons are cartons used for compact packaging of products such as medicines, cosmetic products, food, and other non-food products. Mono cartons also serve as a promotional packaging solution for the market participants. High printability, coupled with the compact format, is expected to boost the global mono cartons market. The global mono cartons market outlook is expected to be positive during the forecast period, as the demand for individual packaging…
Folding Cartons Market Size, Segmentations & Forecast 2030
According to a research survey conducted by ChemView Consulting, in 2022, the Global Folding Cartons Market was worth US$ 147.7 Bn and is expected to grow at a CAGR of 5.5% over the forecast period. The market is expected to hit US$ 226.6 Bn by 2030 end.
Folding cartons are made of paperboard. Its wide availability and sustainability at a cheaper cost make it a popular packaging choice among end-use industries.…
Folding Cartons Market - Demand for SBS-based Folding Cartons to Continue at Rob …
According to a research report released by Transparency Market Research, the ASEAN folding cartons market holds an intensely competitive scenario where there are a larger number of players of all sizes. The TMR analysts expect the competitive landscape of the market to remain intense over the coming years, while the current is being led by the likes of Amcor Ltd., DS Smith Plc., and Huhtamaki Group.
Obtain Report Details @ https://www.transparencymarketresearch.com/asean-folding-cartons-market.html
The…
Global Gable Top Liquid Cartons Market Size, Industry Status, Trends, Key-Player …
A newly compiled business intelligent report, titled “Global Gable Top Liquid Cartons Market” Size, Status and Forecast 2018-2025 has been publicized to the vast archive of Market Research Hub (MRH) online repository. The study revolves around the analysis of Gable Top Liquid Cartons Market, covering key industry developments and market opportunity map during the mentioned forecast period. This report further conveys quantitative & qualitative analysis on the concerned market, providing…
Braille Cartons Packaging Market Latest Trends by 2027
Cartons are efficient packaging solutions adopted by various industrial verticals which includes food and beverage industry, health care industry, cosmetics and beauty care industry, pharmaceutical industry, etc. Braille cartons are especially designed cartons that are embossed with braille characters. Braille cartons are predominantly used in pharmaceutical industry. Embossing with braille characters makes the carton a source of information for the blind customers. This aided feature is anticipated to drive the…
Folding Cartons Market - Lucrative Opportunities Across Globe
The ASEAN folding cartons market has gained significant impetus from the robust growth of small- and medium-sized enterprises (SMEs) and various other industries in ASEAN countries over the last couple of years. Since there is a free trade agreement between the ASEAN countries, most of the small and large scale industries need packaging materials in large volume, consequently boosting the demand for folding cartons.
Request a PDF Brochure with Research Report…
