Global Printed Cartons Market to reach USD 503.87 Billion by 2027.
Global Printed Cartons Market is valued approximately at USD 332.9 Billion in 2020 and is anticipated to grow with a healthy growth rate of more than 6.1% over the forecast period 2021-2027. Printed cartons are small cardboard boxes or containers mainly used for packaging foods and beverages, healthcare, household essentials, cosmetics etc. These packages are widely used in the packaged food industry because they add aseptic value as well aesthetic properties to the food which increases its demand and drive the growth. In order to print cartons, high initial investment is required for establishing manufacturing and printing facilitates which restrains the market growth. The technological developments are giving the market new opportunities which will increase the use of flexible packaging which increases the shelf life of products, reduces the cost and is light in weight. Because of advancements in the manufacturing process, there is a shift from rigid packaging to flexible packaging. According to the Flexible Packaging Association, flexible packaging has 19% of the total share in packaging market.
The key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World are considered for the regional analysis of global Printed Cartons Market. Asia Pacific has the largest market share in 2019 due to factors such as growing economy and expanding working population in the region. Also, increased demand from household, food, pharmaceutical is fostering the growth in the region. North America is expected to grow with a significant CAGR because of large demand from retail sector.
Major market player included in this report are
Mondi plc
Sonoco Products Company
Graphic Packaging Holding Company
Quad/Graphics
Amcor Limited
Constantia flexibles
Quantum Print and Packaging Limited
WS Packaging Group
Toppan Printing Company
Duncan Print group
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 eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available 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 Material:
Paper Board
Corrugated Board
Kraft Board
Coated Paper
Liquid Board
By Disposal Method:
Combustion
Landfilled
Recycled
By End-user:
Food & Beverage
Hardware & Electronics
Homecare
Healthcare
Cosmetics & Personal Care)
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
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027.
Target Audience of the Global Printed Cartons Market Marketl in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors