Printed Cartons Market Size, Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Russia, China, India, Japan, Malaysia, Thailand, Indonesia, Australia, Brazil, Saudi Arabia, UAE, South Africa), Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024
Report ID: GMI1540
Global Printed Cartons Market size is expected to witness significant gains between 2017 and 2024. These cartons are gaining wide acceptance in packaging industry as it is rightly said that “Packaging speaks about the product”. It has applications in multiple and varied sectors such as liquor, tobacco, homecare, beverages and food.
Printed cartons are widely used in food packaging industry owing to its compatibility with the shape of packed product. Further, they are preferred over plastic or any other polymer packaging, as it offers the advantage of being environment friendly due to its recyclable nature. These carton boards are non-reactive with the food stuff packed inside it and has higher load bearing capacity than any other packaging materials. Additionally, some products are identified in the retail store with their packaging print. Food & beverages industry had witnessed a tremendous expansion during last decade owing to new products launched by various companies. This in turn is likely to boost printed cartons market in near future.
Large size cartons have applications in liquor packaging. Recently, a trend has evolved in this industry to achieve a competitive edge through attractive product packaging. Especially wine bottles are packed in printed cartons that has transparent window highlighting the brand name. Major brands such as Ballantine’s, Jack Daniel’s, Smirnoff, Bacardi, and Chivas Regal are spending a considerable amount of their product value on its packaging. Rise in high disposable income and increase in global youth population is boosting alcohol consumption, which will propel printed cartons market during the forecast period.
Packaged juice demand had witnessed significant gains in recent years due to sedentary lifestyle of people. These fruit juice are available in printed cartons that represent the content of the juice, its price and other details. These cartons also provide ease in open ability of the juice pack through a cap or other kind of peal able portion. It also has an aluminum foil at the inside portion of the carton that maintains the flavor and nutritional value of the food by protecting it against light and oxygen. Benefits offered by such kind of packaging materials is increasing the usage of printed cartons in beverage industry.
Huge size printed cartons are utilized in transportation of heavy goods or large number of small products. Many small size products in consumer durable industry are packed together in a big carton for its transit to long distances. Further, delicate materials such as crockery and other breakable products are transported in cartons that has a cautious note printed on it and guides the handler about proper lifting direction. Escalating global trade between countries has necessitated the use of such cartons and will fuel its market during the forecast period.
Based on the material, the global printed cartons market is segmented as kraft paper, coated paper, paper board and corrugated board. As per the feature, the market is classified as disposable, bio degradable, and recyclable. Various applications of these cartons include tobacco, homecare, cosmetic & personal care, food products, alcoholic beverages, non-alcoholic beverages, pharmaceutical, and others.
North America contributed significantly in printed cartons market owing to its increasing pharmaceutical industry. U.S. is a hub for global pharma companies such as Pfizer, Novartis, Actavis, Roche, Johnson & Johnson etc. Cartons are used for packing ointment tubes or blisters in this industry. Asia Pacific accounts for considerable share in terms of value in printed cartons market in the forecast timeframe. Packed food & beverage products had witnessed an extensive growth in the region during past five years owing to its ease of consumption and handling. Additionally, China and India are indulged in global trade, which has increased the requirement for huge cartons for shipping and transportation in the region. Germany, France and Paris are globally recognized for their liquor production and attractive packaging. This packaging is sufficed mostly with the use of printed cartons. Thus, Europe is likely to depict positive prospects in printed cartons market in the forecast period.
Prominent manufacturers in the market include WestRock Company, DS Smith Packaging Limited, Smurfit Kappa Group, Sealed Air Corporation, International Paper S.A, IPI s.r.l, SIG Combibloc GmbH, Refresco Gerber N.V, Evergreen Packaging Inc, Elopak Inc and Tetra Pak International S.A.
What Information does this report contain?
Why Global Market Insights?Comprehensive Research
- All-inclusive coverage
- In-depth and granular data (ex: information for 8 to 15 countries, with clients open to add to this list, in each report)
- Penetrative insights & latest trends
- Offers holistic understanding of the market
- Unique methodology
- Iterative in nature to eliminate errors
- Detailed methodology, scope, assumptions and data sources available for reference
- Committed to making a positive difference for our clients
- Given the nature of this industry, we are committed to ensure that our clients get maximum return on their investment in our services
- Every purchase comes with an option to obtain additional information:
- up to 10% of the original cost
- 45-minute analyst tele-call to obtain further clarity on the market.
- Global Market Insights, Inc. strictly adheres to PCI-DSS security norms.
- Only PCI-DSS compliant payment methods used for highest level of client data security