Report Ocean has just released an all-encompassing market research report delving deep into the Folding Carton Packaging Market industry. This report furnishes readers with invaluable insights into both present and future industry trends, equipping them with the means to discern the factors driving revenue growth and profitability. It meticulously scrutinizes the critical factors that impact both the global and regional markets, encompassing drivers, limitations, risks, challenges, opportunities, and trends specific to the industry. Additionally, the report underscores global certainties, undertakes comprehensive analysis of key players from upstream to downstream, and presents market forecasts, SWOT & PESTEL analysis, market scenarios, and feasibility studies.
Folding Carton Packaging Market is valued at approximately USD $$billion in 2021 and is anticipated to grow with a healthy growth rate of more than $$% over the forecast period 2022-2029. Folding Carton is an eco-friendly packaging solution available in various sizes such as smaller footprints to bulkier packaging options. The Folding Carton Packaging market is expanding because of factors such as the growing E-Commerce and retail sector and increasing demand from the end-user industry in the forecast period.
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According to UNCTAD in 2021, the global e-commerce market has jumped to around USD 26.7 trillion in 2019 with an increase of around 4 % from 2018 due to rising online sales. The Republic of Korea is the dominant region with shares of around 25.9 % in 2020. Also, the percentage of retail sales or online shares of the e-commerce industry across Australia, Canada, China, Singapore, the United Kingdom, and the United States is around 9.4 %, 6.2 %, 24.9 %,11.7%, 23.3%, and 14 %. Whereas leading-edge packaging design services and sustainability demand & monitoring and assisting patient medication with a focus on traceability and anti-counterfeiting create lucrative opportunities for the market. However, the gap between supply and demand hampers the market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Folding Carton Packaging Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Asia Pacific dominated the market in terms of revenue, owing to the increasing demand for convenient packaging, and growth across e-commerce activity, the Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as increasing demand for electronic devices, rising consumer spending on electronics, and rising penetration of market players
Major market players included in this report are:
WestRock Company
Graphic Packaging International Llc
Mayr Meinhof Packaging International Gmbh
Smurfit Kappa Group
Seaboard Folding Box Company Inc.
American Carton Company
All Packaging Company
Essentra Plc
Stora Enso Oyj
Unipak Inc.
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Recent Developments in the Market:
In May 2022: Smurfit Kappa has announced around USD 36.16 million investment in the construction of a new packaging plant in Morocco, its first corrugated plant in the country. The 25,000-square-meter plant in Rabat will allow Smurfit Kappa to supply innovative and sustainable packaging solutions quickly and efficiently to its local customer base.
In March 2022: Stora Enso Oyj debuted the CarrEco Brown bag, which is made up of natural fibres. The material is strong and tear resistant, and it is safe for direct food contact.
Global Folding Carton Packaging Market Report Scope:
Historical Data: 2019-2020-2021
Base Year for Estimation: 2021
Forecast period: 2022-2029
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: End-user Industry, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope: Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By End-user Industry:
Food and Beverages
Household
Personal Care and Cosmetics
Healthcare and Pharmaceuticals
Tobacco
Electrical and Hardware
Other End-user Industries
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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Table of Contents:
- Executive Summary
- Introduction
- Methodology
- Market Overview
- Market Analysis
- Market Size and Forecast
- Market Trends
- Market Dynamics
- Market Segmentation
- Competitive Landscape
- Competitive Scenario
- Key Players
- Regional Analysis
- Regional Market Overview
- Market Size and Forecast by Region
- Product/Service Analysis
- Product/Service Overview
- Market Size and Forecast by Product/Service
- End-User Analysis
- End-User Overview
- Market Size and Forecast by End-User
- Industry Structure
- Key Findings and Recommendations
- Conclusion
Compelling Reasons to Invest:
Market Segmentation and Value Insights:
- The report offers a comprehensive market segmentation, providing market value data for each segment and sub-segment examined. This deepens your understanding of market dynamics and opportunities within specific market segments.
Focus on Rapid Growth and Dominant Regions:
- This study pinpoints regions and market segments poised for swift growth and those holding a substantial market share. This strategic insight aids businesses in targeting high-growth areas for investment.
Geographical Market Analysis:
- Emphasizing product or service consumption across different geographic areas, the report identifies region-specific variables that influence the market. It offers valuable insights into regional market dynamics.
Competitive Landscape:
- The report includes market rankings of major players, highlighting recent partnerships, product/service launches, business expansions, and acquisitions by profiled companies. This data facilitates a comprehensive understanding of the competitive landscape and industry trends.
Comprehensive Company Profiles:
- Detailed profiles are provided for top market players, encompassing business overviews, company insights, product benchmarking, and SWOT analysis. This aids in gaining a holistic perspective on key market players.
Market Outlook and Growth Prospects:
- The report presents the current market outlook and future growth prospects, considering recent changes and developments. It identifies growth opportunities, drivers, obstacles, and restrictions in both developing and emerging regions.
Market Analysis Using Porter’s Five Forces and Value Chain:
- The market report offers a multifaceted market analysis, utilizing Porter’s five forces to assess industry competitiveness and providing insights into the market using the Value Chain approach.
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