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Segmental Analysis
By Wall Construction, the market is segmented into single-wall corrugated sheet, double-wall corrugated packaging, and triple-wall corrugated packaging. By end-user, the market is segmented into healthcare, household, personal care, and others. By region, the market is segmented into North America, Europe, Asia Pacific and the rest of the world (RoW).
Regional Analysis
The Asia Pacific region is one of the prime folding cartons market size and is the largest and fastest growing regions of the market, which can be due to factors such as the increasing population which is raising demand for packaged, frozen, and dry foods. Additionally, the steady improvement in distribution chains, expansion of supermarkets and e-commerce along with healthcare expenditure are factors that drive the Folding Cartons Market Size in the Asia Pacific region. The growing industrialization in many emerging economies like India and China are also expected to contribute to the significant growth of the market over the forecast period.
China is one of the most significant manufacturers of folding cartons, in terms of both, volume and value. The growing popularity of smart folding cartons is initiating innovations in the folding carton industry of this region and the country's low manufacturing costs balance the cost of shipping these products, contributing to the growth of the market.
Europe ranks second amongst other vital regional markets in the global Folding Cartons Market Size. The region is predicted to display a vertical rise in the demand for folding cartons over the forecast period.
Key Players
The essential players of global Folding Cartons Market Size include Westrock Company (U.S.), KapStone Paper and Packaging Corp. (U.S.), Multi Packaging Solutions Inc.(U.S.), Georgia-Pacific LLC (U.S.), Graphic Packaging Holding Company (U.S.), Sonoco Products Company (U.S.), Huhtamaki Oyi (Finland), Schur Pack Germany GmbH (Germany), Rengo Co. Ltd. (Japan), Amcor Limited (Australia).
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