Market Overview:
The global folded carton packaging market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for packaged food and beverages, rising disposable income, and growing urbanization. In terms of type, the market is segmented into 1-piece and 2-piece cartons. The 2-piece carton segment is expected to grow at a higher CAGR than the 1-piece carton segment during the forecast period. This can be attributed to its advantages such as easy handling, stacking, and transportation. In terms of application, the food and beverage sector accounts for majority of the share in this market followed by household applications.
Product Definition:
A folded carton is a type of paperboard packaging that is made out of one or more flat sheets of paperboard that are folded and glued together. Folded cartons are used for a variety of products, including food, cosmetics, and pharmaceuticals. The main advantage of folded cartons is that they are relatively inexpensive to produce and can be designed to display the product in an attractive way.
1-Piece:
1-piece is a single-piece carton that has been developed to overcome the limitations of 2-piece and 3-piece cartons. The 1-Piece can be used for both rigid as well as flexible packaging applications. It offers several benefits over other types of cartons such as it's easy to open, close, and handle which makes it an ideal choice for on the go consumption especially food products like snacks & beverages or personal care items like creams & lotions.
2-Piece:
2-piece is a type of carton that consists of two lids connected by a hinge. The 2-piece cartons are used for packaging various products such as food, consumer goods, and pharmaceuticals among others. The flexibility offered by the 2-pieces to be opened either from the top or bottom makes them suitable for use in various industries including food & beverage and pharmaceutical among others.
The global market size was valued at USD 25 billion in 2016.
Application Insights:
The food and beverage application segment led the global market in 2017. This is attributed to growing demand for packaged foods, including ready-to-eat meals, frozen meals, snack foods, bakery products and confectionery. The segment is expected to register a significant CAGR of XX% over the forecast period owing to factors such as increasing disposable income among consumers in developing countries such as India and China along with stable growth of the overall food industry across various regions globally.
Household applications accounted for a share of 22% in 2017 on account of rising demand for household cleaning products along with an increase in consumer spending power on personal care products that are used at home or at social occasions such as weddings or parties.
Regional Analysis:
Europe accounted for the largest share of over 30% in 2017. The region is expected to maintain its lead throughout the forecast period owing to growing exports and imports in Europe as compared to other regions. In addition, countries such as Germany, France, Italy are majorly known for their engineering expertise which has led them into developing innovative packaging solutions such as folded carton boxes that can easily be transported from one place to another.
Asia Pacific is anticipated to witness significant growth over the forecast period owing rising exports and imports of packaged food products in this region coupled with increasing demand from household application segment due mainly on rise living standards along with changing consumer lifestyle habits especially towards western countries thus leading consumers preference towards convenient packing solutions such a folded carton box that can be easily carried by hand or via conveyor belt system at any given point of time saving huge amounts of money.
Growth Factors:
- Increasing demand for packaged food products: The global packaged food market is projected to grow at a CAGR of 5.4% from 2016 to 2021, reaching a value of USD 2,711.5 billion by 2021. This growth is primarily driven by the increasing urbanization and changing dietary habits across the globe.
- Rising demand for convenience foods: Convenience foods are those that can be prepared or served quickly and easily, without much effort on the part of the consumer. They are generally pre-packaged or frozen, and include items such as pizzas, sandwiches, burgers, ready-to-eat meals etc. The global convenience food market is projected to grow at a CAGR of 6% from 2016 to 2021, reaching a value of USD 1 trillion by 2021. This growth is primarily driven by the increasing working population and rising disposable incomes in developing countries worldwide .
Scope Of The Report
Report Attributes
Report Details
Report Title
Folded Carton Packaging Market Research Report
By Type
1-Piece, 2-Piece
By Application
Food and Beverage, Household, Personal Care and Cosmetic, Healthcare, Tobacco, Electrical and Electronics, Others
By Companies
WestRock Company, Amcor plc, Seaboard Folding Box, Smurfit Kappa Group PLC, Quad Graphics Inc., Graphic Packaging International LLC, Huhtamaki Oyj, Georgia-Pacific LLC, Sonoco Products Company, WestRock Company
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Folded Carton Packaging Market Report Segments:
The global Folded Carton Packaging market is segmented on the basis of:
Types
1-Piece, 2-Piece
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food and Beverage, Household, Personal Care and Cosmetic, Healthcare, Tobacco, Electrical and Electronics, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- WestRock Company
- Amcor plc
- Seaboard Folding Box
- Smurfit Kappa Group PLC
- Quad Graphics Inc.
- Graphic Packaging International LLC
- Huhtamaki Oyj
- Georgia-Pacific LLC
- Sonoco Products Company
- WestRock Company
Highlights of The Folded Carton Packaging Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 1-Piece
- 2-Piece
- By Application:
- Food and Beverage
- Household
- Personal Care and Cosmetic
- Healthcare
- Tobacco
- Electrical and Electronics
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Folded Carton Packaging Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Folded carton packaging is a type of packaging in which the cartons are folded together to create a compact package. This type of packaging is often used for products that need to be stored in a limited space, such as food products.
Some of the major players in the folded carton packaging market are WestRock Company, Amcor plc, Seaboard Folding Box, Smurfit Kappa Group PLC, Quad Graphics Inc., Graphic Packaging International LLC, Huhtamaki Oyj, Georgia-Pacific LLC, Sonoco Products Company, WestRock Company.
The folded carton packaging market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Folded Carton Packaging Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Folded Carton Packaging Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Folded Carton Packaging Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Folded Carton Packaging Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Folded Carton Packaging Market Size & Forecast, 2018-2028
4.5.1 Folded Carton Packaging Market Size and Y-o-Y Growth
4.5.2 Folded Carton Packaging Market Absolute $ Opportunity
Chapter 5 Global Folded Carton Packaging Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Folded Carton Packaging Market Size Forecast by Type
5.2.1 1-Piece
5.2.2 2-Piece
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Folded Carton Packaging Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Folded Carton Packaging Market Size Forecast by Applications
6.2.1 Food and Beverage
6.2.2 Household
6.2.3 Personal Care and Cosmetic
6.2.4 Healthcare
6.2.5 Tobacco
6.2.6 Electrical and Electronics
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Folded Carton Packaging Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Folded Carton Packaging Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Folded Carton Packaging Analysis and Forecast
9.1 Introduction
9.2 North America Folded Carton Packaging Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Folded Carton Packaging Market Size Forecast by Type
9.6.1 1-Piece
9.6.2 2-Piece
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Folded Carton Packaging Market Size Forecast by Applications
9.10.1 Food and Beverage
9.10.2 Household
9.10.3 Personal Care and Cosmetic
9.10.4 Healthcare
9.10.5 Tobacco
9.10.6 Electrical and Electronics
9.10.7 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Folded Carton Packaging Analysis and Forecast
10.1 Introduction
10.2 Europe Folded Carton Packaging Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Folded Carton Packaging Market Size Forecast by Type
10.6.1 1-Piece
10.6.2 2-Piece
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Folded Carton Packaging Market Size Forecast by Applications
10.10.1 Food and Beverage
10.10.2 Household
10.10.3 Personal Care and Cosmetic
10.10.4 Healthcare
10.10.5 Tobacco
10.10.6 Electrical and Electronics
10.10.7 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Folded Carton Packaging Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Folded Carton Packaging Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Folded Carton Packaging Market Size Forecast by Type
11.6.1 1-Piece
11.6.2 2-Piece
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Folded Carton Packaging Market Size Forecast by Applications
11.10.1 Food and Beverage
11.10.2 Household
11.10.3 Personal Care and Cosmetic
11.10.4 Healthcare
11.10.5 Tobacco
11.10.6 Electrical and Electronics
11.10.7 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Folded Carton Packaging Analysis and Forecast
12.1 Introduction
12.2 Latin America Folded Carton Packaging Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Folded Carton Packaging Market Size Forecast by Type
12.6.1 1-Piece
12.6.2 2-Piece
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Folded Carton Packaging Market Size Forecast by Applications
12.10.1 Food and Beverage
12.10.2 Household
12.10.3 Personal Care and Cosmetic
12.10.4 Healthcare
12.10.5 Tobacco
12.10.6 Electrical and Electronics
12.10.7 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Folded Carton Packaging Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Folded Carton Packaging Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Folded Carton Packaging Market Size Forecast by Type
13.6.1 1-Piece
13.6.2 2-Piece
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Folded Carton Packaging Market Size Forecast by Applications
13.10.1 Food and Beverage
13.10.2 Household
13.10.3 Personal Care and Cosmetic
13.10.4 Healthcare
13.10.5 Tobacco
13.10.6 Electrical and Electronics
13.10.7 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Folded Carton Packaging Market: Competitive Dashboard
14.2 Global Folded Carton Packaging Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 WestRock Company
14.3.2 Amcor plc
14.3.3 Seaboard Folding Box
14.3.4 Smurfit Kappa Group PLC
14.3.5 Quad Graphics Inc.
14.3.6 Graphic Packaging International LLC
14.3.7 Huhtamaki Oyj
14.3.8 Georgia-Pacific LLC
14.3.9 Sonoco Products Company
14.3.10 WestRock Company
