Global Luxury Folding Carton Market, By Material Type (Folding Boxboard, Solid Unbleached Board, Solid Bleached Board, White Line Chipboard), Inserts (Foam Insert, Paper/Paperboard Insert, Plastic Insert, Without Insert), Structure (Straight Tuck End, Reverse Tuck End, Tuck Top Auto-Bottom, Tuck Top Snap-Lock Bottom, Full Seal End Cartons, Double Glued Sidewall, Others), End User (Food and BeveragesCosmetics and Personal Care, Confectionary, Tobacco, Consumer Goods, Apparel, Healthcare, Electrical and Electronics, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Luxury Folding Carton Market
The luxury folding carton market size is expected to grow at a compound annual growth rate of 4.11% for the forecast period of 2021 to 2028. Data Bridge Market Research report on luxury folding carton market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
Luxury folding cartons are the type of packaging products that are designed from paper or paperboard products and have the capability to be customized in their shape, sizes to integrate the product as per the need of the consumer. These folding cartons are a combination of flexible and rigid packaging as they can be modified, but are also efficient in protecting the contents from extreme external factors.
The luxury folding carton market is rising in demand due to the increase in the requirement for premiumization of alcoholic beverages packaging. Also, the increase in population, and rise in disposable income of consumers and the demand for food are also highly impacting the growth of the luxury folding carton in the forecast period of 2021 to 2028. The high demand for dry foods, frozen or chilled foods, and high demand for quicker formulation of packaging are also anticipated to flourish the demand of the luxury folding carton market owing to the above mentioned reasons and is also is projected to grow substantially during the forecast period. Furthermore, the rapid change in lifestyle and high demand for quick turnaround and customized packaging from different retailers are also expected to push the growth of luxury folding carton market in the above mentioned forecast period. The major factor which actively drives the demand of luxury folding carton market is the latest technologies and designs and new products launches and high demand for folding cartons.
Likewise, the rapid increase in technological innovations and high demand for packaged food products are expected to offer various growth opportunities for the growth of luxury folding carton market over the forecast period of 2021 to 2028.
However, the easy availability of sturdy substitutes and low threshold strength of luxury folding carton due to use of recycled paper are probable to impede the growth of the luxury folding carton market in the above mentioned forecast period, whereas the high R&D investment can challenge the growth of the luxury folding carton market.
This luxury folding carton market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on the luxury folding carton market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Luxury Folding Carton Market Scope and Market Size
The luxury folding carton market is segmented on the basis of material type, inserts, structure and end user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of material type, the luxury folding carton market is segmented into folding boxboard, solid unbleached board, solid bleached board and white line chipboard.
- Based on wall inserts, the luxury folding carton market is segmented into foam insert, paper/paperboard insert, and plastic insert and without insert.
- On the basis of structure, the luxury folding carton market is segmented into straight tuck end, reverse tuck end, tuck top auto-bottom, tuck top snap-lock bottom, full seal end cartons, double glued sidewall and others.
- The end user segment for luxury folding carton market is segmented into food and beverages, cosmetics and personal care, confectionary, tobacco, consumer goods, apparel, healthcare, electrical and electronics and others.
Luxury Folding Carton Market Country Level Analysis
The luxury folding carton market is analyzed and market size, volume information is provided by country, material type, inserts, structure and end user as referenced above.
The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Europe leads the luxury folding carton market because of the strong presence of well-known luxury products brands in emerging economies such as Germany. North America is expected to expand at a significant growth of the over the forecast of 2021 to 2028 due to introduction of new apparel brands and advancement in food and beverages sector as well as in retail area development.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Luxury Folding Carton Market Share Analysis
The luxury folding carton market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to luxury folding carton market.
The major players covered in the luxury folding carton market report are Amcor plc, Sonoco Products Company, Westrock Company, DS Smith, Rengo Co. Ltd., Graphic Packaging International, LLC, Huhtamaki Oyj, Schur Pack Germany GmbH, CANPAC, Winston Packaging, Smurfit Kappa, Mondi, Glossop Cartons, Webpac, ALL PACKAGING COMPANY, Georgia-Pacific, Evergreen Packaging LLC, Parksons Packaging Ltd., Gulf Carton Factory Co., Bell Incorporated, Keystone Paper & Box Company, Inc., LGR Packaging and International Paper, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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