The global market for folding cartons is growing by 51% annually, and will reach $184 billion by 2018, according to a study by smithers pira market growth will see an increased demand for health care products, cigarettes, dry foods and frozen/chilled foods in the emerging economies. This in turn empowers the rapid growth of global folding cartons market innovative design of cartons, high quality graphics and enhanced appearance are features which attract consumer groups this is a major significant factor to upsurge the growth of global folding cartons market. The global market for folding cartons is growing by 51% annually, and will reach $184 billion by 2018, according to a major new study by smithers pira market growth will be led by increased demand for health care products, cigarettes, dry foods and frozen/chilled foods, especially in the emerging economies. This worldwide report, the folding carton packaging market benefit about xx billion usd in 2018 and it is expected to target xx billion usd in 2025 with an average growth rate of x.
This year, the trends report also forecasts solid growth for the folding carton market even with pressures from plastics and other alternative substrates, the folding carton market is expected to grow 05% through 2019, and the total value of us carton shipments should climb to $95 billion over the same period. Market for folding cartons overall was worth around $140 billion in 2012, forecast to grow to $184 billion by 2018 growth will be fed mainly by the continued and for 60% of the incremental tonnage expected to materialise by 2019 growth in the middle east & africa and south and central american regions is also expected to be. The emea folding carton market is projected to maintain a steady growth rate during the forecast period due to high demand for packaging from food and non-food sectors germany was one of the strong markets, followed by italy and uk. Technavio's report, global folding carton market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts the report covers the market landscape and its.
The global folding carton packaging market was valued at usd 8574 billion in 2017 and is expected to reach a value of usd 11515 billion by 2023 at a cagr of 504% during the forecast period (2018 – 2023. A recent report from zion market research global (zionmarketresearchcom) finds that the green packaging market share was valued at $16150 billion in 2015 and is expected to reach $24250 billion in 2021, growing at a compound annual growth rate (cagr) of 7 percent between 2016 and 2020. Folding cartons market was worth us$28 bn in 2016 rising at a cagr of 710% between 2016 and 2024, the market is estimated to reach a value of us$49 bn by the end of 2024. In addition to forecasts for the overall folding carton market, trends also analyzes 17 end-use segments – including confectionery, dairy, dry foods, cosmetics, pharmaceuticals and recreational products this year, four categories were classified as growing markets, six as mature and seven as declining.
According to the paperboard packaging council’s (ppc) recent trends: 2017 industry outlook and market data report, us folding carton shipments will grow at a 04 percent annual rate over the next five years, reaching a value of $96 billion. The beverage market is predicted to be a growth area for the folding carton industry cosmetics will see growth as consumers continue to recover and spend more on luxury items largely fueled by the millennial preference for on-the-go eating, demand for retail carryout cartons will also see an uptick. The end result of these many influences and trends is a growing market, with end use consumption of folding carton packaging expected to increase by five percent in 2015, followed by a period of sustained growth of around 35 percent annually, worth 106 billion usd at constant 2014 prices.
The future of folding cartons to 2022 is supported by an extensive programme of primary and secondary research, including interviews with key personnel from the major cartonboard producing mills and folding carton converters in order to generate the most up-to-date and accurate picture of the market. Increasing demand for packaging solutions in apparels, pharmaceutical, electronic food and beverages, and gadgets have led to rising folding carton printing, which in turn is also expected to drive growth of the target market. The japan paper packaging market was xx billion in 2014 and is estimated to reach xx billion by 2020 growing at a cagr of xx% this report offers detailed overview, research, opportunities & growth of japan paper packaging market segmented based on. This report covers the present scenario and the growth prospects of the folding carton market in north america for the period 2015-2019 to calculate the market size, this report considers revenue generated by vendors from the sale of folding cartons.
The folding carton market is expected to witness growth in the food industry during the estimated period due to the rising availability of products with a long shelf life, attractive carton packaging with aesthetic appeal, and folding cartons with innovative design, shape, and size. The folding carton industry has been developing at a tremendous rate and is expected to have a great potential in india paper packaging industry additionally, it is expected that the industry will further advance with an increasing number foreign players entering the india market”. New york, sept 6, 2017 /prnewswire/ -- according to stratistics mrc, the global folding cartons market is accounted for $396 billion in 2016 and expected to grow at a cagr of 52% to reach $567. The paperboard packaging council’s (ppc) recently released trends: 2016 industry outlook and market data report predicts stable, long-term growth for the folding carton marketaccording to this comprehensive analysis of industry growth trends, carton shipments will increase at an average annual rate of 05% through 2019, and the market will climb to $89 billion over the same period.
Cartons & folding boxes, as well as corrugated products, are expected to witness a growth in market share over the forecast period at the expense of other product categories different products are characterized by different applications. The carton folding and gluing machine is expected to experience a healthy growth due to increase in consumption of food and beverages and other healthcare products one of the significant factors contributing towards the growth of carton folding and gluing machine is increased exports and imports of various products between different states and. Global folding cartons market is accounted for $396 billion in 2016 and expected to grow at a cagr of 52% to reach $567 billion by 2023 the market factors such as increase in developing countries with higher production and consumption of products, attractive and appealing packaging to entice customers, eco-friendly packaging and demand for good [. Growth opportunities in the folding carton market generating about us$147 billion in end customer value, the folding carton market represents the lion’s share of the total us packaging industry’s annual us$358 billion revenue.