Folding Cartons Market Growth| COVID-19 Analysis and Opportunity
As consumer packaging is increasing in volume due to the popularity of e-commerce activities, the Folding Cartons Market Growth is growing considerably. Moreover, technological innovations in the production process are expected to motivate further the demand for folding cartons as a result.
Segmental Analysis
The segmentation of the Folding Cartons Market Growth is carried out on the basis of wall construction, end-user, and region. On the basis of wall construction, the Folding Cartons Market Growth is segmented into double-wall corrugated packaging, single-wall corrugated sheet, triple-wall corrugated packaging. On the basis of end-user, the Folding Cartons Market Growth is segmented into household, healthcare, personal care, and others. Based on the regions, the Folding Cartons Market Growth is segmented into Asia Pacific, Europe, North America and rest of the world.
Competitive Analysis
The profit generation streams in the market are optimized to yield maximum benefits in the coming years. The alternatives present for growth in the market are lucrative to long term growth of the market. The opportunity costs in the market are not elevated and are beneficial to progress in the market. The benefits to the economy from the development of the market are high.
The primary contenders shaping the Folding Cartons Market Growth globally are Westrock Company (U.S.), Amcor Limited (Australia), Huhtamaki Oyi (Finland), Sonoco Products Company (U.S.), Georgia-Pacific LLC (U.S.), KapStone Paper and Packaging Corp. (U.S.), Rengo Co. Ltd. (Japan), Schur Pack Germany GmbH (Germany), Graphic Packaging Holding Company (U.S.) and Multi Packaging Solutions Inc.( New York) to name a few.
Industry Updates:
Sep 2019 Ellis Paper Box, a Canadian packaging specialist and member of the Ellis Group, the nation’s principal privately-held producer of folding cartons with a vision to improve its service to top global pharmaceutical firms have included a brand new Koenig & Bauer Duran Omega Allpro 90 folder/gluer, the first in North America, to its post-press section at its 60,000-sq.-ft. Ontario, facility this year.
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