According to Stratistics MRC, the Global Folding Carton Packaging Market is accounted for $128.28 billion in 2020 and is expected to reach $210.71 billion by 2028 growing at a CAGR of 6.4% during the forecast period. Rise in demand for frozen foods, shift in preferences for biodegradable packaging and anti-counterfeit measures are driving the market growth. However, fluctuation in raw material prices is hampering the growth of the market.
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By geography, Asia Pacific is going to have high growth during the forecast period as the region has emerging economies like India, Indonesia and China which are experiencing a shift in consumer lifestyle and a steady increase in disposable incomes due to which there is rise in demand in the region.
Some of the key players profiled in the Folding Carton Packaging Market include All Packaging Company, Amcor Limited, American Carton Company, Bell Incorporated, Coburn Carton Solutions, Georgia-Pacific LLC, Graphic Packaging International, LLC, Huhtamaki Oyi, Mayr-Melnhof Karton, Quad Graphics, Inc., Seaboard Folding Box Company, Inc., Smurfit Kappa Group Plc, Sonoco Products Company, Thoro Packaging and WestRock Company.
Types Covered:
• Biopolymer
• Paper and Paperboard
• Plastics
Product Types Covered:
• Aseptic Carton
• Standard Carton
End Users Covered:
• Food and Beverages
• E-Commerce
• Electrical & Electronics
• Hardware
• Healthcare
• Household
• Personal Care & Cosmetics
• Tobacco
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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