Folding Cartons Market - Size, Share, and Industry Analysis - 2027
Folding cartons are the most popular product used in the packaging industry. They are made up of paperboard, which is printed, and cut, folded and glued before transporting package. Usually, cartons are shipped flat to customers where they use packaging machinery to fold these cartons into its final shape as a container for a product. Paperboard, which is made of cellulose or wood fibers is a heavier weight grade of paper. There are various styles of paperboard folding carton including sleeve, tuck end, seal end, top 1-2-3 bottom, 4 corners beers tray, tuck top auto bottom, tuck Kwikset tray, lock corner tray, and walker lock tray. Folding cartons have been the first choice of packaging as they are environment-friendly, suitable for different designs, and suitable for printing pictures, graphics, and text. Request For Sample Copy of this Research Report : https://www.coherentmarketinsights.com/insight/request-sample/2743 Market Outlook Global folding cartons market size is expected to witness significant growth and register a CAGR of 4.65% over the forecast period (2019-2027). Folding cartons find applications in various industries, which is fueling its demand and eventually driving the market growth. Pharmaceutical sector is expected to hold a major share in the market during the forecast period. Furthermore, folding cartons manufacturing companies are investing heavily in research and development to provide more efficient products and cement their place in the market. Moreover, advancement in printed electronics technology for developing smart packaging solutions is expected to fuel the market growth. The demand for smart folding cartons is increasing as they can be tracked the delivery process, providing sophisticated packaging solutions for customers. However, global folding cartons market is expected to witness restraints, owing to easy accessibility flexible and rigid plastic boxes at reasonable low cost. This is expected to hinder the demand for folding cartons, subsequently affecting the market growth.