Folding Cartons Market Industry Key Vendors, Demand and Supply Analysis Market Report Forecast from 2021-2031

 

Folding Cartons Market Outlook 2031

  • The global folding cartons market was valued at US$ 65.9 Bn in 2020
  • It is estimated to expand at a CAGR of 4.7% from 2021 to 2031
  • The global folding cartons market is expected to reach the value of US$ 105 Bn by the end of 2031

Anti-counterfeit Packaging Solutions Gaining Prominence in Folding Cartons

The folding cartons market is projected to grow 1.5 times during the forecast period. Anti-counterfeit packaging solutions are significantly changing in the market landscape. Tamper-evident closures and labels help consumers and vendors to know whether a product has been modified or previously opened. Packaging companies are incorporating holographic seals and labels with high-end printing capabilities that are difficult to duplicate. Other overt authentication solutions such as specialized 2D and QR (quick response) codes enable manufacturers to track movement of their products.

On the other hand, covert authentication solutions such as digital technology is being deployed in folding cartons. UV (ultraviolet) and infrared light-reaction inks help verify whether a packaging is authentic.

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Next-gen Folding Cartons Help Package Rapid PCR COVID-19 Tests

Packaging companies have been working at breakneck speeds during the ongoing coronavirus outbreak. Companies in the folding cartons market are taking advantage of this opportunity, since this packaging solution is gaining popularity as intelligent system for storing and transporting rapid PCR (polymerase chain reaction)-based COVID-19 tests. Folding cartons are being designed in a way that hospital personnel can easily remove the test cartridges with one hand.

Manufacturers in the folding cartons market are boosting the production of solutions that help to save time and trouble in hospitals & labs. They are increasing the availability of safe and space-saving folding cartons that are easy to handle. These cartons are being designed with a built-in level indicator and a side pocket for the instructions for use.

High Cost of Solid Whiteboard Materials Balanced with Rigidity in Packaging Solutions

Manufacturers in the folding cartons market are increasing the production of packaging solutions using solid whiteboard, which is strong, rigid, and accepts print well. However, this material can be potentially expensive. Nevertheless, solid whiteboard folding cartons are being extensively used for the packaging of books, cosmetics, and electronics, among others.

Renewability and recyclability are becoming important aspects of packaging solutions in the folding cartons market. Manufacturers are developing cartons with fibers sourced from sustainably managed forests and trees. These fibers are emerging as an alternative to fossil plastic and other non-renewable materials.

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Preference for Comfortable Carrying Handles in Folding Cartons for Fresh Produce

Sustainable paperboard packaging meant for fresh produce is creating incremental opportunities for manufacturers. Packaging companies are increasing efforts to become better stewards for the environment. They are increasing production capabilities to boost availability of eco-friendly solutions for the packaging, protection, and preservation of fresh produce from field to store.

Folding cartons are being made available in different configurations and structures with comfortable carrying handles and beautiful branding for product differentiation. This is helping food & beverage (F&B), personal care, and consumer product brands to gain increased visibility in otherwise monotonous product aisle. Hygiene protection is becoming an important aspect for packaging fresh produce in folding cartons.

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Leading-edge Packaging Design Services Boosting Folding Carton Sales

High quality folding cartons are helping end users to preserve form, fit, and function necessary to enhance end products. Companies in the folding cartons market are including basic structures as well as complex configurations in packaging solutions. They are making use of premium materials and choice embellishments in a folding carton’s design to help brands stand out in market competition.

Companies in the folding cartons market are delivering a consultative service model and end-to-end solutions powered by a localized presence with global resources. This is being achieved with the help of foil laminated board, blister board, and specialty substrates in a folding carton’s design. Companies are boosting their packaging design services to include everything from materials exploration to art adaptation and 3D renderings.

Folding Cartons Market: Overview

  • As per the Transparency Market Research’s latest report on the folding cartons market for the historical period of 2017-2020 and forecasted period of 2021-2031, the global rise in sales of folding cartons is directly associated with the development of food and beverage industry across the globe
  • Moreover, the folding cartons market is anticipated to grow 1.5 times during the forecast period, 2021-2031

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