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Global Printed Carton Market Size study, by End-user (Food and Beverage, Personal Care and Household, Healthcare, Others), by Product (Corrugated Carton, Folding Carton), and Regional Forecasts 2024-2032

Global Printed Carton Market Size study, by End-user (Food and...

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Global Printed Carton Market Size study, by End-user (Food and Beverage, Personal Care and Household, Healthcare, Others), by Product (Corrugated Carton, Folding Carton), and Regional Forecasts 2024-2032
Global Printed Carton Market Size...
Report Code
RO3/103/2501

Publish Date
16/Oct/2024

Pages
200
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Global Printed Carton Market is valued at approximately USD 198.87 billion in 2023 and is projected to grow with a healthy growth rate of more than 2.15% over the forecast period 2024-2032. Printed cartons, versatile packaging solutions made from paperboard, are widely used across various industries, including food, electronics, personal care, and healthcare. These cartons not only enhance the visual appeal of products but also provide essential information to consumers through printed designs, logos, and text. The market for printed cartons is witnessing robust growth, driven by several key factors. A significant driver of this market's expansion is the rising awareness of carbon emissions and their impact on food waste management. As sustainability concerns and the need to reduce waste become more prominent, converting food waste into bio-based products and organic fertilizers has gained traction, opening up new business opportunities and revenue streams.

Moreover, government regulations and favorable policies are further fueling market growth. Many governments and organizations are implementing stricter regulations on food waste disposal and promoting the adoption of eco-friendly packaging solutions, such as printed cartons. These regulatory measures, combined with the increasing emphasis on sustainability, are expected to drive the continued growth of the Printed Carton Market in the coming years. Additionally, the organized retail sector, particularly in countries like the US, UK, and Canada, plays a significant role in the demand for printed cartons, as packaged products are a key component of this sector.

The market trends are also shaped by the industry's focus on developing packaging solutions with low carbon footprints, high energy efficiency, and strong resistance to chemicals such as solvents and detergents. With the increasing emphasis on sustainability and eco-friendly products, there is a growing demand for eco-friendly inks and innovative printing techniques. Governments in countries like the UK, Germany, and the US have introduced regulations and policies specifically addressing ink content, driving further innovation in this area. However, the market faces challenges, including the increasing risks of fire accidents associated with the manufacturing of printed cartons and the stringent regulations that manufacturers must adhere to. Compliance with regulations such as the British Retail Consortium (BRC) standards, Good Manufacturing Practice (GMP) programs, and various national and international safety standards is crucial for manufacturers, but it can be time-consuming, costly, and complex.

The key regions considered for the global printed carton Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. The Asia-Pacific (APAC) region is expected to contribute dominating to the global market's growth during the forecast period. APAC is projected to hold the largest market share, with China leading the demand for printed cartons in the region. The food industry is anticipated to be the primary driver of demand for printed carton packaging in APAC, driven by population growth and increased consumption of food, personal care products, and other consumer goods. The booming e-commerce sector in the region, particularly in the business-to-business (B2B) and business-to-customer (B2C) segments, is also fueling market growth as packaging plays a critical role in product protection during transportation. Whereas, the market in North America is anticipated to grow at the fastest rate over the forecast period fueled by booming e-commerce sector demanding visually appealing and protective packaging, increasing consumer preference for sustainable and recyclable options, and stringent regulations promoting clear product information on packaging. Additionally, the region's robust food and beverage industry, along with growing focus on luxury packaging, further fuels market growth.

Major market players included in this report are:
All Packaging Co.
Amcor Plc
Mondi Plc
DS Smith Plc
Nippon Paper Industries Co. Ltd.
Pactiv Evergreen Inc.
Quad Graphics Inc.
Huhtamaki Oyj
International Paper Co.
Refresco Group BV
Ariba and Co.
Guangzhou Yifeng Printing and Packaging Co. Ltd.
Lithoflex Inc.
Rengo Co. Ltd.
Seaboard Folding Box Co. Inc.
The detailed segments and sub-segment of the market are explained below:
By End-user:
Food and Beverage
Personal Care and Household
Healthcare
Others
By Product:
Corrugated Carton
Folding Carton
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
RoLA
Middle East & Africa
Saudi Arabia
South Africa
RoMEA
Years considered for the study are as follows:
Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032
Key Takeaways:
Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.

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