NEW YORK , July 14, 2023 /PRNewswire/ -- The North America Folding Carton Market is estimated to grow at a CAGR of 5.19% between 2022 and 2027. The market size is forecast to increase by USD 3,157.57 million according to Technavio. The growing competition in the market is compelling vendors to adopt various growth strategies, such as promotional activities and spending on advertisements to improve the visibility of their services. Technavio report analyzes the market's competitive landscape and offers information on several market vendors, including Amcor Plc, Arkay, Astro Box Corp., BC Box Manufacturing Ltd., Bell Packaging Ltd., Cross Country Box Co. Inc., Diamond Packaging, Edelmann Group, Graphic Packaging Holding Co., Great Little Box Co. Ltd., Imperial Printing and Paper Box Mfg. Co., Industrial Development Co. sal, International Paper Co., Laural Packaging Group South Inc., Oliver Inc., Rinaldi Printing Co., Service Die Cutting and Packaging Corp., WestRock Co., Koch Industries Inc., and Smurfit Kappa Group,- Download a Sample Report Now!
North America Folding Carton Market Insights - Printed Boxes
Vendors: 15+, Including Amcor Plc, Arkay, Astro Box Corp., BC Box Manufacturing Ltd., Bell Packaging Ltd., Cross Country Box Co. Inc., Diamond Packaging, Edelmann Group, Graphic Packaging Holding Co., Great Little Box Co. Ltd., Imperial Printing and Paper Box Mfg. Co., Industrial Development Co. sal, International Paper Co., Laural Packaging Group South Inc., Oliver Inc., Rinaldi Printing Co., Service Die Cutting and Packaging Corp., WestRock Co., Koch Industries Inc., and Smurfit Kappa Group, among others
Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendors
Segments: Material (Paper and Plastic), End-user (Food and beverage products, Homecare and personal products, Healthcare products, Tobacco products, and Others), and Geography (US, Canada , and Mexico )
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North America folding carton market - Customer Landscape To help companies evaluate and develop growth strategies, the report outlines –
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Key Driver - Increasing use of eco-friendly materials in packaging is the key driver for the growth of the market. Eco-friendly packaging refers to the use of materials that are recyclable, biodegradable, reusable, and non-toxic, which has a low impact on the environment. Awareness of the need to use eco-friendly packaging material among end-users, such as the food and beverage industry and manufacturers of household care products, is increasing continuously. For instance, in 2020, Coca-Cola pledged to collect and recycle the equivalent of every bottle, or they sell by 2030 and to make all its packaging 100% recyclable by the same year.
Additionally, folding cartons use materials such as paperboard, which are recyclable and biodegradable. For that reason, these materials do not have a negative impact on the environment. The environmental benefits of folding cartons have encouraged various vendors to offer folding cartons that contain a high proportion of recycled paper. Moreover, the leftover scrap from the production of folding cartons can be used to pose new folding cartons that can then be recycled once more. Thus, the increasing use of eco-friendly materials in packaging is driving the growth of the North America folding carton market during the forecast period.
Leading Trend - The rise in M&As in the North American folding carton market is one of the key trends driving the growth of the market.
Significant challenges - Volatility in the prices of raw materials used in the manufacturing of folding cartons is challenging the growth of the North America folding carton market.
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The folding carton market in North America report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as future prospects.
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What are the key data covered in this Folding Carton Market Report in North America ?
CAGR of the market during the forecast period
Detailed information on factors that will drive the growth of the North America folding carton market between 2023 and 2027
Precise estimation of the North America folding carton market size and its contribution to the market in focus on the parent market
Accurate predictions about upcoming trends and changes in consumer behavior
Growth of the folding carton market industry across North America
A thorough analysis of the market's competitive landscape and detailed information about vendors
Comprehensive analysis of factors that will challenge the growth of North America folding carton marketvendors
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The beverage carton packaging machinery market size should rise by USD 204.89 million from 2022 to 2026 at a CAGR of 4.00%. Furthermore, this report extensively covers market segmentation by type (automatic and semi-automatic) and geography (APAC, Europe , North America , South America , and MEA). The increasing demand for beverages is notably driving the beverage carton packaging machinery market growth.
The Printed Carton Market is estimated to grow at a CAGR of 2.43% between 2022 and 2027. The market size is forecasted to increase by USD 23.99 billion. This printed carton market report extensively covers market segmentation by end-user (food and beverage, personal care and household, healthcare, and others), product (corrugated carton and folding carton), and geography (APAC, North America , Europe , South America , and Middle East and Africa ). The growing concerns about carbon emissions leading to food waste management are notably driving Printed Cartons Market growth.
Folding Carton Market Scope in North America
Accelerate at a CAGR of 5.19%
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
Amcor Plc, Arkay, Astro Box Corp., BC Box Manufacturing Ltd., Bell Packaging Ltd., Cross Country Box Co. Inc., Diamond Packaging, Edelmann Group, Graphic Packaging Holding Co., Great Little Box Co. Ltd., Imperial Printing and Paper Box Mfg. Co., Industrial Development Co. sal, International Paper Co., Laural Packaging Group South Inc., Oliver Inc., Rinaldi Printing Co., Service Die Cutting and Packaging Corp., WestRock Co., Koch Industries Inc., and Smurfit Kappa Group
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period.
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3.4 Market outlook: Forecast for 2022-2027
4.1 Folding carton market in North America 2017 - 2021
6.3 Paper - Market size and forecast 2022-2027
6.4 Plastic - Market size and forecast 2022-2027
7.3 Food and beverage products - Market size and forecast 2022-2027
7.4 Homecare and personal products - Market size and forecast 2022-2027
7.5 Healthcare products - Market size and forecast 2022-2027
7.6 Tobacco products - Market size and forecast 2022-2027
7.7 Others - Market size and forecast 2022-2027
9.3 US - Market size and forecast 2022-2027
9.4 Canada - Market size and forecast 2022-2027
9.5 Mexico - Market size and forecast 2022-2027
10.3 Impact of drivers and challenges
12.6 Cross Country Box Co. Inc.
12.10 Imperial Printing and Paper Box Mfg. Co.
12.15 Service Die Cutting and Packaging Corp.
13.3 Currency conversion rates for US$
About Us Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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