The Folding Cartons Market is expected to grow from US$125.168 billion in 2025 to US$156.108 billion in 2030, at a CAGR of 4.52%.
Folding cartons are versatile in terms of production sizes and have a lesser environmental impact than other bulkier packaging alternatives; folding carton packaging is one of the most popular eco-friendly packaging solutions. The continuous demand for dry goods, cigarettes, and frozen/chilled meals, particularly in emerging nations, is a major factor in the expansion of the folding carton packaging business. Throughout the projected period, there will be a consistent demand for folding carton market packaging from developed economies.
According to Invest India, National Investment Promotion & Facilitation Agency, in 2022, Paper, paperboard, and newsprint exports totaled $3179.24 million in 2021–2022 compared to $ 1940.94 million the year before. This contributed about $ 1238.30 million (or a 63% rise in percentage terms) to the country's growth.
Folding carton packaging is the product of choice in the packaged food industry. It is utilized in various dry goods, including pasta, rice, dried fruits and vegetables, nuts, dried beans and peas, powdered milk, potatoes in a box, and dried beans and peas. The industry is expanding because of shifting eating behaviors and the impact of Western culture on consumer dietary patterns. These factors make it easier to consume easily available food that doesn't require further preparation, further driving the folding cartons market growth.
Firstly, the thriving e-commerce industry necessitates efficient and sturdy packaging solutions like folding cartons to ensure safe transportation and attractive presentation of products during shipping. Major online retail platforms and well-established brick-and-mortar brands have a strong hold on sales, with Amazon capturing the largest share of the U.S. e-commerce market at 38.1% in 2022, followed by Walmart at 5.3% and eBay at 4.7%. These dominant players in the market continue to shape the landscape of online retailing.
Secondly, folding cartons offer protective features and can be customized to meet specific product requirements, ensuring the safety and integrity of the packaged goods while maintaining high-quality standards.
Furthermore, technological advancements enable enhanced printing capabilities, creative designs, and efficient production processes, allowing folding carton manufacturers to deliver visually appealing and innovative packaging solutions.
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