Carton Packaging Market Size, Share, Growth and Future Analysis (2023 – 2032)
The global carton packaging market size is estimated to grow from USD 180.73 billion in 2022 to reach an estimated USD 316.10 billion by 2032, growing at a 5.8% CAGR between 2023 and 2032.
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Report Highlights: Important Revelations
- Global carton packaging sector is starting at a value of USD 180.73 billion in 2022.
- The market is expected to surge, reaching an estimated value of USD 316.10 billion by 2032.
- This expansion is growing at CAGR of 5.8% over the period from 2023 to 2032.
- Investigating the factors propelling Asia Pacific’s dominance in the carton industry.
- Examining the expansion of carton packaging in North America.
- Revolutionizing carton packaging unleashing versatility through paper and paperboard.
- Strength of folding carton packaging ensuring structural stability.
The carton packaging sector has significance to many sectors because it provides flexible, sustainable, and cost-effective different packaging options. Carton packing is the use of cardboard or paperboard to make containers, cartons, and other forms of packaging. This market comprises a wide range of items, including corrugated boxes, folding cartons, and liquid packaging cartons, and serves sectors such as food and beverage, pharmaceuticals, cosmetics, and consumer goods.
The growing need for recyclable packaging is a major driver of the carton packaging industry. Cartons are mostly manufactured from renewable materials like paper and cardboard, making them more recyclable and biodegradable than plastic packaging. As environmental concerns increase and consumption of plastic rules increase, businesses are increasingly resorting to carton packaging to fulfil sustainability objectives and consumer preferences.
Carton packaging has exceptional printing potentials, enabling companies to increase product exposure and communicate important data more effectively. With developments in printing technology, producers can create colourful and eye-catching designs that help to increase awareness of the company and customer appeal.
The food and beverage industry occupies a significant share of the carton packaging market, driven by the demand for safe and convenient packaging solutions. Liquid packaging cartons are frequently used for products such as milk, juice, and other beverages because of their ability to maintain freshness and lengthen shelf life.
The growth of e-commerce has increased demand for carton packing as it’s necessary for online sellers to have strong, safe packaging options to guarantee that their products deliver undamaged. due to their strength and ability to withstand handling and transportation, corrugated boxes are extremely prominent in this market.
Innovation, sustainability, and flexibility to shifting marketplace dynamics describe the carton packaging industry. Carton packaging is expected to keep expanding across a range of sectors as long as companies continue to place a high priority on consumer convenience and environmental sustainability.
Introduction
- Research Objective
- Scope of the Study
- Definition and Taxonomy
Research Methodology
- Research Approach
- Data Sources
- Assumptions
Executive Summary
- Synopsis
- Analyst Recommendations
Market Overview
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Value chain analysis
- Raw Material Sourcing
- Manufacturing Process
- Logistics & Transportation
- Buyer Preferences
- Trends
- Market Trends
- Technological Trends
- Porter’s Five Forces Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitute
- Threat of New Entrants
- Degree of Competition
- PESTLE Analysis for 5 Leading Countries
- Regulatory Framework for Leading Countries/Regions
- Supply Demand Analysis
- Production & Consumption Statistics
- Export Import Statistics
- Price Trend Analysis
Global Carton Packaging Market Assessment
- Overview
- Global Carton Packaging Market Size Value (US$) and Volume (Billion Tons), By Material Type (2021 – 2033)
- Paper & Paperboard
- Plastic
- Biopolymers
- Global Carton Packaging Market Size Value (US$) and Volume (Billion Tons), By Product Type (2021 – 2033)
- Folding Cartons
- Rigid Cartons
- Liquid Cartons
- Global Carton Packaging Market Size Value (US$) and Volume (Billion Tons), By End User Type (2021 – 2033)
- Food and Beverage
- Healthcare & Pharmaceutical
- Personal care & Cosmetics
- Household
- Industrial
- Others
- Global Carton Packaging Market Size Value (US$) and Volume (Billion Tons), By Region Type (2021 – 2033)
- Asia Pacific
- North America
- Europe
- LAMEA
Asia Pacific Carton Packaging Market Assessment
- Overview
- Asia Pacific Carton Packaging Market Size Value (US$) and Volume (Billion Tons), By Material Type (2021 – 2033)
- Paper & Paperboard
- Plastic
- Biopolymers
- Asia Pacific Carton Packaging Market Size Value (US$) and Volume (Billion Tons), By Product Type (2021 – 2033)
- Folding Cartons
- Rigid Cartons
- Liquid Cartons
- Asia Pacific Carton Packaging Market Size Value (US$) and Volume (Billion Tons), By End User Type (2021 – 2033)
- Food and Beverage
- Healthcare & Pharmaceutical
- Personal care & Cosmetics
- Household
- Industrial
- Others
North America Carton Packaging Market Assessment
- Overview
- North America Carton Packaging Market Size Value (US$) and Volume (Billion Tons), By Material Type (2021 – 2033)
- Paper & Paperboard
- Plastic
- Biopolymers
- North America Carton Packaging Market Size Value (US$) and Volume (Billion Tons), By Product Type (2021 – 2033)
- Folding Cartons
- Rigid Cartons
- Liquid Cartons
- North America Carton Packaging Market Size Value (US$) and Volume (Billion Tons), By End User Type (2021 – 2033)
- Food and Beverage
- Healthcare & Pharmaceutical
- Personal care & Cosmetics
- Household
- Industrial
- Others
Europe Carton Packaging Market Assessment
- Overview
- Europe Carton Packaging Market Size Value (US$) and Volume (Billion Tons), By Material Type (2021 – 2033)
- Paper & Paperboard
- Plastic
- Biopolymers
- Europe Carton Packaging Market Size Value (US$) and Volume (Billion Tons), By Product Type (2021 – 2033)
- Folding Cartons
- Rigid Cartons
- Liquid Cartons
- Europe Carton Packaging Market Size Value (US$) and Volume (Billion Tons), By End User Type (2021 – 2033)
- Food and Beverage
- Healthcare & Pharmaceutical
- Personal care & Cosmetics
- Household
- Industrial
- Others
LAMEA Carton Packaging Market Assessment
- Overview
- LAMEA Carton Packaging Market Size Value (US$) and Volume (Billion Tons), By Material Type (2021 – 2033)
- Paper & Paperboard
- Plastic
- Biopolymers
- LAMEA Carton Packaging Market Size Value (US$) and Volume (Billion Tons), By Product Type (2021 – 2033)
- Folding Cartons
- Rigid Cartons
- Liquid Cartons
- LAMEA Carton Packaging Market Size Value (US$) and Volume (Billion Tons), By End User Type (2021 – 2033)
- Food and Beverage
- Healthcare & Pharmaceutical
- Personal care & Cosmetics
- Household
- Industrial
- Others
Company Profile
- American Carton Company
- Company Overview
- Geographic Footprints
- Financial Performance
- Product Portfolio
- SWOT Analysis
- R&D Efforts
- Recent Developments & Strategic Collaborations
- Product Launch/M&A/Technical Collaboration
- Amcor PLC
- Belmark Inc.
- Bell Incorporated
- Chaitanya Packaging Pvt. Ltd.
- DS Smith PLC
- Edelmann GmbH
- Essentra PLC
- Fortune Industries
- Georgia-Pacific LLC by Koch Industries, Inc.
- Graphic Packaging Holding Company
- Huhtamaki Oyj
- International Paper
- KCL Limited
- Mill Rock Capital
- MM Packaging GmbH
- Mondi PLC
- Oji Holdings Corporation
- Packman Packaging Private Limited
- Pactiv Evergreen Inc.
- Parksons Packaging Ltd.
- Rengo Co. Ltd.
- Seaboard Folding Box Company Inc.