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Printed Cartons Market Size

  • Report ID: GMI1540
  • Published Date: Jun 2021
  • Report Format: PDF

Printed Cartons Market Size

Printed Cartons Market size was USD 332.9 billion in 2020 and will grow at a CAGR of 6.1% between 2021 and 2027. Favorable trends associated with food & beverage will propel the industry growth in the future.

Printed cartons are small, light box or containers used for packaging of foods & beverages, healthcare products, household essentials, cosmetics, electronics, etc. These cartons are made of various materials, paperboard, corrugated board, kraft board, liquid board, etc. They are environment-friendly and can be efficiently recycled.

 

Printed Cartons Market Statistics

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Printed cartons are widely used in the packaged food industry. They are used in the packaging of a variety of food products such as soups, spices, dairy products, and others. These products not only add to the aseptic value of the food products but also add to the product availability through the aesthetic properties.

 

The rigidity of printed cartons coupled with their tangibility will make them a favorable option in the food & beverage industry. The rising disposable income coupled with changing dietary patterns will positively influence the overall processed food & beverage sales, in turn, positively contributing to the overall printed cartons market.

 

Paperboard is widely used in the packaging of cosmetics & luxury products. For secondary packaging of cosmetics & personal care products, paperboard is considered the best material due to its versatile capacity to adapt to the needs of a variety of individual products. Packages made of paperboard are considered a powerful branding tool by cosmetics manufacturers as they can be coated with printed paper or plastics. Personal care and cosmetic products are expected to witness a solid growth trajectory in future due to rising population, lifestyle changes, etc.

 

Flexography, lithography, and digital are the most common techniques used by major manufacturers to print on substrates. Printed cartons help in the proper identification and branding of products. However, effective printing technologies increase the product cost, which is projected to be one of the major restraints of the overall printed cartons market.

 

Printing facilities require high initial investments and setup costs, which means that the product prices vary accordingly. With increasing innovations in printing techniques, the equipment requires more set up costs, which act as a major barrier to the overall printed cartons market growth. Moreover, the rising raw material costs, such as paper & pulp, are also adding up to the overall costs.

 

Authors: Kiran Pulidindi, Akshay Prakash

Frequently Asked Questions (FAQ) :

Printed cartons market size reached USD 332.9 billion in 2020 and is expected to grow at a CAGR of 6.1% through 2027.

Corrugated board segment captured over 55% of printed cartons industry share in 2020 and will expand due to growth of ecommerce and digital printing industries.

Recycled printed cartons could grow at a CAGR of 5.5% up to 2027 due to need for circularity in food & beverage, personal care, and other end-use sectors.

Printed cartons industry share from food & beverage sector could hit an annual valuation of USD 210 billion by 2027.

Europe could account for about 20% of printed cartons industry share by 2027 due to increasing demand in cosmetics and personal care products.

Printed Cartons Market Scope

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Premium Report Details

  • Base Year: 2020
  • Companies covered: 31
  • Tables & Figures: 221
  • Countries covered: 17
  • Pages: 230
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