Printed Cartons Market Report
Printed Cartons Market Size, Share, Trend, Forecast, & Industry Analysis: 2021-2026 See less
Printed Cartons Market Size, Share, Trend, Forecast, & Industry Analysis: 2021-2026
Printed Cartons Market, By Material (Paperboard, Corrugated Board, Kraft Board, Coated Paper, Liquid Board), By End-Use (Transportation, Electrical & Electronics, Construction, Consumer Goods, Food & Beverage, Packaging), and Region - COVID-19 Impact Analysis and Forecast to 2026.
Printed Cartons Market, By Material (Paperboard, Corrugated Board, Kraft Board, Coated Paper, Liquid Board), By End-Use (Transportation, Electrical & Electronics, Construction, Consumer Goods, Food & Beverage, Packaging), and Region - COV...
The Printed Cartons market is projected to grow from USD 338.6 billion in 2020 to USD 485.8 billion by 2026 at a CAGR of over 6.3% during the forecast period.
Printed cartons are light and small boxes or containers that are used for the packaging of foods & beverages, household essentials, healthcare products, electronics, cosmetics, etc. These cartons are eco-friendly and can be effectively recycled. Also, they add aesthetic appeal and aseptic value, thus making them a suitable option for packaging.
Rising disposable income, strong favorable demographics, growing consumer awareness, and surging demand for processed food, are some of the key factors bolstering the market growth. Moreover, robust growth of food & beverage, consumer products, and e-commerce sectors in both developed and developing countries further augment the industry growth. Furthermore, the cosmetic sector has a strong demand for packaging for printed cartons, thus offering lucrative opportunities to the industry players in the coming years.
The COVID-19 pandemic has adversely affected the printed cartons industry as a result of the shutdown of production activities in the cosmetic and construction industries. Moreover, supply chain disruption and restricted transportation further affected the market growth, amid the pandemic.
Key players operating in the printed cartons market are-
Based on material, the global printed cartons market has been classified into paperboard, corrugated board, kraft board, coated paper, and liquid board. Under these, the corrugated board segment held the largest market share of more than 53% in 2020 and is likely to grow at a considered CAGR during the forecast period. It is widely used across the hardware & electronic industry for its benefits such as excellent shock resistance, moisture resistance, and sustainability, thereby bolstering the segment growth.
By region, the European market held a significant market share of almost 21% in 2020 and is projected to grow at a healthy CAGR in the coming years. Europe has one of the largest personal care industry contributors, mainly owing to significant innovations and the presence of a large number of SMEs as well as big companies in the region. Also, the packaging and e-commerce sectors are booming thus offering lucrative opportunities to the market players in the region.
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
Here is the list of the group of customers that the printed cartons market hopes to have the greatest opportunity to convert-
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The printed cartons market is expected to witness an impressive growth of 6.3% CAGR in the coming years.
All Packaging Company (US), Amcor (Switzerland), Ariba & Company (India), D S Smith (UK), Guangzhou Yifeng Printing & Packaging Company (China), Huhtamaki Group (Finland), Lithoflex (US), Refresco Group (Netherlands), SIG Combibloc (Switzerland), and Winston Packaging (US) are among the key players in the printed cartons market.
The printed cartons market size is expected to reach USD 485.8 billion in the foreseeable future.
The corrugated board segment held the largest share in the market in 2020.
North America is expected to grow at a healthy CAGR in the market in the next five years.
Printed Cartons companies, Printed Cartons distributors, Construction companies, Government organizations are the target audience in the market.