Printed Cartons Market Growth Offers Room to Grow to Existing & Emerging Players
April 04, 2022
Stratview Research has recently added a new report titled Printed Cartons Market to its collection. The report studies vital factors about the market that are essential for existing players as well as new market entrants. The report throws light on the critical elements such as market share, profitability, supply chain, production, sales, upcoming technologies, key market players, regional segmentation, and many more aspects related to the Printed Cartons Market.
The years considered in this report to estimate the market size of the market are:
• History Year: 2016-2019
• Forecast Year: 2021 to 2026
The key players covered in this report are –
- 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)
- Winston Packaging (US)
Market Highlights
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. 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.
Segment-wise analysis
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.
To get more details about this report, click here- https://www.stratviewresearch.com/Request-Sample/2545/printed-cartons-market.html#form
The main steps in the investigation process are:
- Stratview Research has gathered the raw data from industry experts and direct research analysts using primary and secondary sources.
- The experts also classify the information obtained by qualitative and quantitative data to place it in a proper way to make final conclusions.
- This report also provides market intelligence and throws light on critical insights into the market dynamics.
The information gathered in the report enables strategic decision making for the existing players as well as those willing to enter the market. The report contains growth drivers and constraints, market trend and forecast analysis, market segment trend, competitive landscape and dynamics, attractive market segments and associated growth opportunities, etc.
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