Folding Cartons Market (By End Use: Household, Food & Beverages, Electrical & electronics, Healthcare, Personal Care & Cosmetics, Others; By Material Type: Solid Unbleached Board, Whitelined Chip Board, Folding Box Board, Solid Bleached Board; By Wall Construction; By Order Type; By Structure Type) - Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023 – 2032
The global folding cartons market size was estimated at US$ 142 billion in 2022 and is expected to surpass around US$ 199.33 billion by 2032, poised to grow at a CAGR of 3.50% during the forecast period 2023 to 2032.
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The Asia Paific folding cartons market size was valued at US$ 53.96 billion in 2022 and is projected to hit over US$ 75.75 billion by 2032, growing at a CAGR of 3.50% between 2023 to 2032.
Asia Pacific dominated the global folding cartons market in 2022. The changing lifestyle, rising demand for packaged food, and rising personal disposable income of the consumers are some of the major factors that drives the growth of the Asia Pacific folding cartons market. The presence of huge population, presence of top manufacturers of various industries, and the growing demand for online shopping among the youth are the prominent drivers of the Asia Pacific folding cartons market. The emerging nations like India, China, Indonesia, and South Korea are expected to drive the demand for the folding cartons owing to the rapid industrialization in the region. Furthermore, the rising penetration of the organized retail chains in this region is spurring the market growth.
The Middle East and Africa is estimated to be the most opportunistic market during the forecast period. The rising penetration of e-commerce, growing demand for packaged food, and rapidly growing population are some of the major driving forces. The growing penetration of the industries and surging penetration of the e-commerce in this region is expected to have a positive impact on the growth of the market.
The surging demand for the sustainable packaging solutions across the globe is boosting the demand for the folding cartons over plastic packaging. Folding cartons are a biodegradable packaging material which promotes sustainability. The rising concerns over the accumulation of plastic wastes across the globe, rising government initiatives to promote sustainability, and shifting focus of the manufacturers towards eco-friendly packaging are the major drivers of the folding cartons market. The rising consumer awareness regarding the deteriorating environmental conditions due to the plastic wastes is fueling the demand for the eco-friendly folding cartons packaging across the globe. Plastic is a major cause of water pollution. The wide availability of the folding cartons and the low cost of the folding cartons are the most prominent factors that boost the growth of the global folding cartons market. Furthermore, the folding cartons are available in different sizes that foster its adoption across a wide range of end use industries. The surging demand for the folding cartons across various end use verticals such as household, food & beverages, healthcare, and electronics is positively contributing towards the growth of the global folding cartons market. The folding cartons are lightweight, convenient, and portable packaging solutions that serves the need for the flexible packaging.
The surging penetration of the e-commerce across the globe is another factor that is expected to drive the growth of the global folding cartons market. The rapid growth of the various e-commerce platforms such as Pepperfry, Amazon, Flipkart, eBay, and Wal-Mart and the growing adoption of these platforms among the consumers has resulted in a burgeoning demand for the folding cartons. The folding cartons are popularly used as a packaging material that serves the e-commerce and logistics in the transportation of various products. The rising investments in the development of telecommunications and IT infrastructure, rising penetration of internet, and rising adoption of smartphones are driving the sales through e-commerce platforms, which in turn fuels the growth of the folding cartons market. The folding cartons offer several benefits such as flexibility, rigidity, and printability that makes it a popular choice as a packaging material in the consumer goods and food and beverages industry. Moreover, the governments in many countries have banned the single-use plastics and surged the awareness regarding the harmful effects of the single-use plastics on the environment. This has augmented the demand for the folding cartons market across the globe. Furthermore, the latest anti-counterfeit technology like embedded barcode and RFID can easily be incorporated in the folding cartons. The rising adoption of the anti-counterfeit technology among the sellers across the globe is significantly boosting the growth of the global folding cartons market.
The outbreak of the COVID-19 pandemic in 2022 had a positive effect on the global folding cartons market. The lockdown restrictions and travelling ban regulations during the pandemic has significantly surged the demand for the online shopping of various consumer goods, food & beverages, medicines, and groceries. The rapid demand for the online shopping platforms during the pandemic has significantly boosted the consumption of the folding cartons across the globe.
| Report Coverage | Details |
| Market Size by 2032 | USD 199.33 Billion |
| Growth Rate from 2023 to 2032 |
CAGR of 3.50% |
| Food & Beverage Market Share in 2022 | 36% |
| Largest Market | Asia Pacific |
| Fastest Growing Region | Middle East and Africa |
| Forecast Period | 2023 to 2032 |
| Segments Covered | End Use, Structure Type, Material Type, Wall Construction, Order Type, Geography |
| Companies Mentioned | Westrock Company, AR Packaging Group AB, Sonoco Products Company, Huhtamaki Oyj, KapStone Paper and Packaging Corp, Mayr-MelnhofKarton AG, Stora Enso Oyj, Georgia-Pacific LLC, Rengo Co., Ltd., Oji Holdings Corporation |
Based on the end use, the food & beverage segment dominated the global folding cartons market accounting for a market share of around 36% in 2022. The increased adoption of the folding cartons among the food & beverage processing companies across the globe has fueled the growth of this segment. The rapidly growing demand for the food and beverages along with the growing global population and rising disposable income of the consumers is expected to further boost the usage of the folding cartons in the food & beverage industry. Moreover, the changing lifestyle of the consumers and growing demand for the convenient and packaged food is a major factor that has significantly driven the growth of this segment in the past years. The rising participation of the women in the workforce has significantly fueled the demand for the ready-to-eat food products, which is a significant driver of the folding cartons market.
On the other hand, the electronics and electrical is estimated to be the fastest-growing segment during the forecast period. This is attributed to the surging demand for the consumer electronics across the globe. The proliferation of technologies has encouraged the development of various electronic products across the globe. The rising demand for the latest advanced consumer electronics is driving the growth of the electronic products. The electronic manufacturers are increasingly adopting the folding cartons for the packaging of the electronic products. Moreover, the safety and security owing to the anti-counterfeit technology is fueling the demand for the folding cartons across the globe.
The personal care and cosmetics segment has been gaining rapid traction in the recent years. Folding cartons serves as a popular packaging material for the cosmetics and personal care products. The growing geriatric population and rising demand for cosmetics among the youth population is fueling the demand for the personal care products, which in turn fuels the growth of the folding cartons market.
Key Market Developments
The folding cartons market is moderately fragmented with the presence of several local companies. These market players are striving to gain higher market share by adopting strategies, such as investments, partnerships, and acquisitions & mergers. Companies are also spending on the development of improved products. Moreover, they are also focusing on maintaining competitive pricing.
Segments Covered in the Report
By Material Type
By Structure Type
By End Use
By Order Type
By Wall Construction
By Geography
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Folding Cartons Market
5.1. COVID-19 Landscape: Folding Cartons Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Folding Cartons Market, By Material Type
8.1. Folding Cartons Market, by Material Type, 2023-2032
8.1.1. Solid Unbleached Board
8.1.1.1. Market Revenue and Forecast (2020-2032)
8.1.2. Whitelined Chip Board
8.1.2.1. Market Revenue and Forecast (2020-2032)
8.1.3. Folding Box Board
8.1.3.1. Market Revenue and Forecast (2020-2032)
8.1.4. Solid Bleached Board
8.1.4.1. Market Revenue and Forecast (2020-2032)
Chapter 9. Global Folding Cartons Market, By Structure Type
9.1. Folding Cartons Market, by Structure Type, 2023-2032
9.1.1. Straight Tuck End
9.1.1.1. Market Revenue and Forecast (2020-2032)
9.1.2. Reverse Tuck End
9.1.2.1. Market Revenue and Forecast (2020-2032)
9.1.3. Tuck Top Auto-Bottom
9.1.3.1. Market Revenue and Forecast (2020-2032)
9.1.4. Tuck Top Snap-Lock Bottom
9.1.4.1. Market Revenue and Forecast (2020-2032)
9.1.5. Full Seal End Cartons
9.1.5.1. Market Revenue and Forecast (2020-2032)
9.1.6. Double Glued Sidewall
9.1.6.1. Market Revenue and Forecast (2020-2032)
9.1.7. Others
9.1.7.1. Market Revenue and Forecast (2020-2032)
Chapter 10. Global Folding Cartons Market, By End Use Type
10.1. Folding Cartons Market, by End Use Type, 2023-2032
10.1.1. Household
10.1.1.1. Market Revenue and Forecast (2020-2032)
10.1.2. Food & Beverages
10.1.2.1. Market Revenue and Forecast (2020-2032)
10.1.3. Electrical & Electronics
10.1.3.1. Market Revenue and Forecast (2020-2032)
10.1.4. Healthcare
10.1.4.1. Market Revenue and Forecast (2020-2032)
10.1.5. Personal Care & Cosmetics
10.1.5.1. Market Revenue and Forecast (2020-2032)
10.1.6. Others
10.1.6.1. Market Revenue and Forecast (2020-2032)
Chapter 11. Global Folding Cartons Market, By Order Type
11.1. Folding Cartons Market, by Order Type, 2023-2032
11.1.1. Standard
11.1.1.1. Market Revenue and Forecast (2020-2032)
11.1.2. Customized
11.1.2.1. Market Revenue and Forecast (2020-2032)
Chapter 12. Global Folding Cartons Market, By Wall Construction
12.1. Folding Cartons Market, by Wall Construction, 2023-2032
12.1.1. Single-Wall Corrugated Sheet
12.1.1.1. Market Revenue and Forecast (2020-2032)
12.1.2. Double-Wall Corrugated Packaging
12.1.2.1. Market Revenue and Forecast (2020-2032)
12.1.3. Triple-Wall Corrugated Packaging
12.1.3.1. Market Revenue and Forecast (2020-2032)
Chapter 13. Global Folding Cartons Market, Regional Estimates and Trend Forecast
13.1. North America
13.1.1. Market Revenue and Forecast, by Material (2020-2032)
13.1.2. Market Revenue and Forecast, by Structure (2020-2032)
13.1.3. Market Revenue and Forecast, by End Use (2020-2032)
13.1.4. Market Revenue and Forecast, by Order (2020-2032)
13.1.5. Market Revenue and Forecast, by Wall Construction (2020-2032)
13.1.6. U.S.
13.1.6.1. Market Revenue and Forecast, by Material (2020-2032)
13.1.6.2. Market Revenue and Forecast, by Structure (2020-2032)
13.1.6.3. Market Revenue and Forecast, by End Use (2020-2032)
13.1.6.4. Market Revenue and Forecast, by Order (2020-2032)
13.1.7. Market Revenue and Forecast, by Wall Construction (2020-2032)
13.1.8. Rest of North America
13.1.8.1. Market Revenue and Forecast, by Material (2020-2032)
13.1.8.2. Market Revenue and Forecast, by Structure (2020-2032)
13.1.8.3. Market Revenue and Forecast, by End Use (2020-2032)
13.1.8.4. Market Revenue and Forecast, by Order (2020-2032)
13.1.8.5. Market Revenue and Forecast, by Wall Construction (2020-2032)
13.2. Europe
13.2.1. Market Revenue and Forecast, by Material (2020-2032)
13.2.2. Market Revenue and Forecast, by Structure (2020-2032)
13.2.3. Market Revenue and Forecast, by End Use (2020-2032)
13.2.4. Market Revenue and Forecast, by Order (2020-2032)
13.2.5. Market Revenue and Forecast, by Wall Construction (2020-2032)
13.2.6. UK
13.2.6.1. Market Revenue and Forecast, by Material (2020-2032)
13.2.6.2. Market Revenue and Forecast, by Structure (2020-2032)
13.2.6.3. Market Revenue and Forecast, by End Use (2020-2032)
13.2.7. Market Revenue and Forecast, by Order (2020-2032)
13.2.8. Market Revenue and Forecast, by Wall Construction (2020-2032)
13.2.9. Germany
13.2.9.1. Market Revenue and Forecast, by Material (2020-2032)
13.2.9.2. Market Revenue and Forecast, by Structure (2020-2032)
13.2.9.3. Market Revenue and Forecast, by End Use (2020-2032)
13.2.10. Market Revenue and Forecast, by Order (2020-2032)
13.2.11. Market Revenue and Forecast, by Wall Construction (2020-2032)
13.2.12. France
13.2.12.1. Market Revenue and Forecast, by Material (2020-2032)
13.2.12.2. Market Revenue and Forecast, by Structure (2020-2032)
13.2.12.3. Market Revenue and Forecast, by End Use (2020-2032)
13.2.12.4. Market Revenue and Forecast, by Order (2020-2032)
13.2.13. Market Revenue and Forecast, by Wall Construction (2020-2032)
13.2.14. Rest of Europe
13.2.14.1. Market Revenue and Forecast, by Material (2020-2032)
13.2.14.2. Market Revenue and Forecast, by Structure (2020-2032)
13.2.14.3. Market Revenue and Forecast, by End Use (2020-2032)
13.2.14.4. Market Revenue and Forecast, by Order (2020-2032)
13.2.15. Market Revenue and Forecast, by Wall Construction (2020-2032)
13.3. APAC
13.3.1. Market Revenue and Forecast, by Material (2020-2032)
13.3.2. Market Revenue and Forecast, by Structure (2020-2032)
13.3.3. Market Revenue and Forecast, by End Use (2020-2032)
13.3.4. Market Revenue and Forecast, by Order (2020-2032)
13.3.5. Market Revenue and Forecast, by Wall Construction (2020-2032)
13.3.6. India
13.3.6.1. Market Revenue and Forecast, by Material (2020-2032)
13.3.6.2. Market Revenue and Forecast, by Structure (2020-2032)
13.3.6.3. Market Revenue and Forecast, by End Use (2020-2032)
13.3.6.4. Market Revenue and Forecast, by Order (2020-2032)
13.3.7. Market Revenue and Forecast, by Wall Construction (2020-2032)
13.3.8. China
13.3.8.1. Market Revenue and Forecast, by Material (2020-2032)
13.3.8.2. Market Revenue and Forecast, by Structure (2020-2032)
13.3.8.3. Market Revenue and Forecast, by End Use (2020-2032)
13.3.8.4. Market Revenue and Forecast, by Order (2020-2032)
13.3.9. Market Revenue and Forecast, by Wall Construction (2020-2032)
13.3.10. Japan
13.3.10.1. Market Revenue and Forecast, by Material (2020-2032)
13.3.10.2. Market Revenue and Forecast, by Structure (2020-2032)
13.3.10.3. Market Revenue and Forecast, by End Use (2020-2032)
13.3.10.4. Market Revenue and Forecast, by Order (2020-2032)
13.3.10.5. Market Revenue and Forecast, by Wall Construction (2020-2032)
13.3.11. Rest of APAC
13.3.11.1. Market Revenue and Forecast, by Material (2020-2032)
13.3.11.2. Market Revenue and Forecast, by Structure (2020-2032)
13.3.11.3. Market Revenue and Forecast, by End Use (2020-2032)
13.3.11.4. Market Revenue and Forecast, by Order (2020-2032)
13.3.11.5. Market Revenue and Forecast, by Wall Construction (2020-2032)
13.4. MEA
13.4.1. Market Revenue and Forecast, by Material (2020-2032)
13.4.2. Market Revenue and Forecast, by Structure (2020-2032)
13.4.3. Market Revenue and Forecast, by End Use (2020-2032)
13.4.4. Market Revenue and Forecast, by Order (2020-2032)
13.4.5. Market Revenue and Forecast, by Wall Construction (2020-2032)
13.4.6. GCC
13.4.6.1. Market Revenue and Forecast, by Material (2020-2032)
13.4.6.2. Market Revenue and Forecast, by Structure (2020-2032)
13.4.6.3. Market Revenue and Forecast, by End Use (2020-2032)
13.4.6.4. Market Revenue and Forecast, by Order (2020-2032)
13.4.7. Market Revenue and Forecast, by Wall Construction (2020-2032)
13.4.8. North Africa
13.4.8.1. Market Revenue and Forecast, by Material (2020-2032)
13.4.8.2. Market Revenue and Forecast, by Structure (2020-2032)
13.4.8.3. Market Revenue and Forecast, by End Use (2020-2032)
13.4.8.4. Market Revenue and Forecast, by Order (2020-2032)
13.4.9. Market Revenue and Forecast, by Wall Construction (2020-2032)
13.4.10. South Africa
13.4.10.1. Market Revenue and Forecast, by Material (2020-2032)
13.4.10.2. Market Revenue and Forecast, by Structure (2020-2032)
13.4.10.3. Market Revenue and Forecast, by End Use (2020-2032)
13.4.10.4. Market Revenue and Forecast, by Order (2020-2032)
13.4.10.5. Market Revenue and Forecast, by Wall Construction (2020-2032)
13.4.11. Rest of MEA
13.4.11.1. Market Revenue and Forecast, by Material (2020-2032)
13.4.11.2. Market Revenue and Forecast, by Structure (2020-2032)
13.4.11.3. Market Revenue and Forecast, by End Use (2020-2032)
13.4.11.4. Market Revenue and Forecast, by Order (2020-2032)
13.4.11.5. Market Revenue and Forecast, by Wall Construction (2020-2032)
13.5. Latin America
13.5.1. Market Revenue and Forecast, by Material (2020-2032)
13.5.2. Market Revenue and Forecast, by Structure (2020-2032)
13.5.3. Market Revenue and Forecast, by End Use (2020-2032)
13.5.4. Market Revenue and Forecast, by Order (2020-2032)
13.5.5. Market Revenue and Forecast, by Wall Construction (2020-2032)
13.5.6. Brazil
13.5.6.1. Market Revenue and Forecast, by Material (2020-2032)
13.5.6.2. Market Revenue and Forecast, by Structure (2020-2032)
13.5.6.3. Market Revenue and Forecast, by End Use (2020-2032)
13.5.6.4. Market Revenue and Forecast, by Order (2020-2032)
13.5.7. Market Revenue and Forecast, by Wall Construction (2020-2032)
13.5.8. Rest of LATAM
13.5.8.1. Market Revenue and Forecast, by Material (2020-2032)
13.5.8.2. Market Revenue and Forecast, by Structure (2020-2032)
13.5.8.3. Market Revenue and Forecast, by End Use (2020-2032)
13.5.8.4. Market Revenue and Forecast, by Order (2020-2032)
13.5.8.5. Market Revenue and Forecast, by Wall Construction (2020-2032)
Chapter 14. Company Profiles
14.1. Westrock Company
14.1.1. Company Overview
14.1.2. Product Offerings
14.1.3. Financial Performance
14.1.4. Recent Initiatives
14.2. AR Packaging Group AB
14.2.1. Company Overview
14.2.2. Product Offerings
14.2.3. Financial Performance
14.2.4. Recent Initiatives
14.3. Sonoco Products Company
14.3.1. Company Overview
14.3.2. Product Offerings
14.3.3. Financial Performance
14.3.4. Recent Initiatives
14.4. Huhtamaki Oyj
14.4.1. Company Overview
14.4.2. Product Offerings
14.4.3. Financial Performance
14.4.4. Recent Initiatives
14.5. KapStone Paper and Packaging Corp
14.5.1. Company Overview
14.5.2. Product Offerings
14.5.3. Financial Performance
14.5.4. Recent Initiatives
14.6. Mayr-MelnhofKarton AG
14.6.1. Company Overview
14.6.2. Product Offerings
14.6.3. Financial Performance
14.6.4. Recent Initiatives
14.7. Stora Enso Oyj
14.7.1. Company Overview
14.7.2. Product Offerings
14.7.3. Financial Performance
14.7.4. Recent Initiatives
14.8. Georgia-Pacific LLC
14.8.1. Company Overview
14.8.2. Product Offerings
14.8.3. Financial Performance
14.8.4. Recent Initiatives
14.9. Rengo Co., Ltd.
14.9.1. Company Overview
14.9.2. Product Offerings
14.9.3. Financial Performance
14.9.4. Recent Initiatives
14.10. Oji Holdings Corporation
14.10.1. Company Overview
14.10.2. Product Offerings
14.10.3. Financial Performance
14.10.4. Recent Initiatives
Chapter 15. Research Methodology
15.1. Primary Research
15.2. Secondary Research
15.3. Assumptions
Chapter 16. Appendix
16.1. About Us
16.2. Glossary of Terms
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