Enjoy complimentary customisation on priority with our Enterprise License!
The folding carton market size is valued to increase by USD 43.65 billion, at a CAGR of 4.69% from 2023 to 2028. Rise in demand for digitally printed folding cartons will drive the folding carton market.
Get Key Insights on Market Forecast (PDF) Request Free Sample
In the realm of folding cartons, coating weight plays a pivotal role in enhancing print quality and ink adhesion. Compared to traditional methods, pre-print processes reduce production time by up to 30%, enabling significant cost savings and improved ROI. Quality control metrics, such as edge crush test and burst strength, ensure compliance with industry standards and customer expectations. Waste reduction strategies, like optimization of coating techniques and laminating films, contribute to sustainability initiatives, reducing environmental impact by up to 20%. Supply chain optimization and automation systems streamline production scheduling, while gluing systems and carton erection testing ensure efficient post-print finishing. Substrate thickness and printing resolution are crucial factors in achieving compression strength and tear resistance. Digital printing and offset lithography offer color management systems for enhanced color accuracy. Material sourcing and die-cutting processes are essential components of folding carton design, while moisture content and post-print finishing techniques complete the production cycle. Flexographic printing offers a cost-effective alternative to offset lithography, without compromising on print quality. Packaging efficiency is further boosted through the adoption of advanced automation systems and production scheduling software.
The increasing demand for digitally printed folding cartons serves as the primary driver in the market's growth.
The trend in the market is being driven by technological advances. Advancements in technology are shaping the future of folding cartons.
The recycled paperboard industry faces significant growth challenges due to the increasing frequency of contamination issues. This problem poses a substantial risk to the industry's expansion and requires immediate attention and solutions.
The folding carton industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD billion" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
The food and beverage segment is estimated to witness significant growth during the forecast period.
The market continues to evolve, driven by advancements in coating weight, pre-print processes, and post-print finishing techniques. Quality control metrics, such as edge crush test and ink adhesion, are rigorously monitored for superior product performance. Waste reduction strategies, like compression strength and tear resistance, are essential for sustainability initiatives. Supply chain optimization, achieved through automation systems and color management systems, enhances production scheduling and carton erection testing. Sustainability initiatives include recycling processes and the use of packaging substrates like corrugated board.
Digital printing and flexographic printing offer high printing resolution and color accuracy for folding cartons. The food and beverage segment, with its significant growth, accounts for the largest share of the market, driven by changing consumer lifestyles and food habits. Folding cartons cater to various food and beverage products, including cereals, dairy, meat, and beverages, as secondary packaging.
The Food and beverage segment was valued at USD 54.28 billion in 2018 and showed a gradual increase during the forecast period.
APAC is estimated to contribute 50% to the growth of the global market during the forecast period.Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
See How Folding Carton Market Demand is Rising in APAC Request Free Sample
The market is witnessing significant growth, with APAC leading the charge. China, a major consumer of folding cartons, significantly contributes to the market's expansion in this region. The food industry is the primary driver of demand for folding cartons during the forecast period. Population growth and urbanization in various APAC countries are fueling the consumption of food products, personal care, and consumer goods. As a result, the presence of a large number of food and beverage and personal care product manufacturers in the region further bolsters market growth.
The folding carton industry is undergoing transformation through operational efficiency gains and cost reductions. For instance, the adoption of digital printing technology has streamlined production processes and reduced lead times. These factors collectively position the market for robust growth in the coming years.
Customer Landscape of Folding Carton Industry
Companies are implementing various strategies, such as strategic alliances, folding carton market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.
All Packaging Co. - This company specializes in providing low carbon and ultra low carbon ferrochrome for stainless steel manufacturing, contributing to the global reduction of carbon emissions in the industry.
The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Dive into Technavio’s robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled Folding Carton Market insights. See full methodology.
Market Scope |
|
Report Coverage |
Details |
Page number |
173 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.69% |
Market growth 2024-2028 |
USD 43.65 billion |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
4.17 |
Key countries |
US, Canada, China, India, Germany, UK, France, Italy, Japan, and Mexico |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
"Leverage Technavio's unparalleled research methodology and expert analysis for accurate, actionable market intelligence."
The market is a dynamic and evolving industry, with continuous advancements in technology driving innovation and improvement. One key area of focus is the optimization of folding carton production processes to enhance efficiency and quality. Corrugated board flute selection plays a crucial role in carton design and manufacturing. Flexibility in flute choices allows businesses to balance cost and performance, with thinner flutes reducing material usage and lighter weight, while thicker options provide greater compression strength. Folding carton design software capabilities have evolved significantly, enabling more precise die-cutting blade optimization strategies. High-speed digital printing capabilities offer increased agility in meeting market demands, with the ability to print shorter runs and personalized designs at a faster rate. Automated quality control systems in carton manufacturing ensure consistent product performance, while improving folding carton compression strength and optimizing gluing systems in carton production can lead to significant cost savings. The impact of coating weight on carton performance is also a critical consideration, with heavier coatings providing better moisture resistance and improved print quality, but increasing production costs. Recycling processes for corrugated board are increasingly important for businesses seeking to reduce their environmental footprint. Sustainable packaging materials sourcing and measurement of carton burst strength, testing carton tear resistance, and evaluation of carton stacking strength are all essential components of a comprehensive sustainability strategy. Flexographic printing ink formulation plays a significant role in color management, with advances in technology enabling more accurate color reproduction and reducing the need for costly and time-consuming pre-print process optimization. Post-print finishing techniques, such as laminating and varnishing, can enhance carton appearance and functionality. Effective pre-print process optimization and post-print finishing techniques contribute to a streamlined supply chain, ensuring compliance with regulatory requirements and operational planning objectives. The moisture content of carton substrates can significantly impact carton quality, making precise control an essential consideration for businesses seeking to maintain high standards of product consistency.
What is the expected growth of the Folding Carton Market between 2024 and 2028?
USD 43.65 billion, at a CAGR of 4.69%
What segmentation does the market report cover?
The report is segmented by End-user (Food and beverage, Personal care and household, Healthcare, Tobacco, and Others), Material (Paper and Plastic), and Geography (APAC, North America, Europe, Middle East and Africa, and South America)
Which regions are analyzed in the report?
APAC, North America, Europe, Middle East and Africa, and South America
What are the key growth drivers and market challenges?
Rise in demand for digitally printed folding cartons, Rise in occurrences of contamination from recycled paperboard
Who are the major players in the Folding Carton Market?
All Packaging Co., Amcor plc, American Carton Co., Bell Inc., DS Smith Plc, Edelmann Group, Essentra Plc, Graphic Packaging Holding Co., Greif Inc., Huhtamaki Oyj, International Paper Co., Mayr Melnhof Karton AG, PaperWorks Industries Inc., Rengo Co. Ltd., Schur Flexibles Holding GesmbH, Seaboard Folding Box Co. Inc., Smurfit Kappa, Stora Enso Oyj, Unipak Inc., and WestRock Co.
We can help! Our analysts can customize this folding carton market research report to meet your requirements.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Material
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
Get the report (PDF) sent to your email within minutes.
Complimentary full Excel data with your report purchase.
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.