Global $115.15 Bn Folding Carton Packaging Market by End-User and Region - Forecast to 2023 - ResearchAndMarkets.com
Sep. 04, 2018
DUBLIN--(BUSINESS WIRE)--Sep 4, 2018--The "Global Folding Carton Packaging Market - Segmented by End-User (Food and Beverage, House Hold, Personal Care, E-commerce, Health Care, Tobacco, Hardware and Electrical), and Region - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The Global Folding Carton Packaging Market was valued at USD 85.74 billion in 2017 and is expected to reach a value of USD 115.15 billion by 2023 at a CAGR of 5.04% during the forecast period (2018-2023).
The Asia Pacific region is growing at the fastest pace due to abundance in raw material supply and intense demand. Rising population and increasing urbanization stand to be the most significant factors driving the demand in the region.
The recently diminished raw material prices are creating positive outlook for the North America and Europe. The increased recycling activity in the mature markets is expected to pay back in the form of cheaper raw material lead to increased profit margin for vendors in North America and Europe during the next five years.
Key HighlightsPrice of Raw Materials to Stand as Serious Threat to the Market North America to Stay on Top of the Charts Led by US
Developments in the MarketGraphic Packaging International, LLC acquired Seydaco Packaging Corp/National Carton, a major carton manufacturer in Canada focused towards food, personal care and household goods markets. WestRock Company acquired Plymouth Packaging, Inc., a prominent corrugated packaging company.
Companies ProfiledWestRock Company Bell Incorporated Graphic Packaging International LLC Mayr-Melnhof Packaging International GmbH Smurfit Kappa Group Seaboard Folding Box Company Inc. American Carton Company Coburn Carton Solutions Thoro Packaging All Packaging Company Quad Graphics Inc. (Quad Packaging)
Key Topics Covered
2. Executive Summary
3. Market Overview
4. Market Dynamics
5. Global Folding Carton Packaging Market
6. Company Profiles
7. Investment Analysis
8. Future of the Global Folding Carton Packaging Market
For more information about this report visit https://www.researchandmarkets.com/research/j9wp7n/global_115_15bn?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180904005591/en/
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Related Topics:Food and Beverage,Food Packaging,Beverage Packaging
INDUSTRY KEYWORD: MANUFACTURING PACKAGING RETAIL FOOD/BEVERAGE
SOURCE: Research and Markets
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PUB: 09/04/2018 10:45 AM/DISC: 09/04/2018 10:45 AM