Friday 6 February 2015

Popularity of Retail-ready Packaging and Multipack Cartons Encouraging Growth in the Folding Carton Market in North America

Reportstack has announced a new market research report on the Global Capital Folding Carton Market in North America 2015-2019, which is expected to grow at a CAGR of 4.23 percent during the period 2014-2019. 
The Folding Carton market in North America is experiencing a rapid increase in the production capacity of folding carton vendors. Several vendors in this region, such as Amcor, Graphic Packaging International, MeadWestvaco, and Rock-Tenn are increasing their production capacity either through the development of new production plants or through the acquisition of existing players in the region because of the rise in demand for folding cartons.
“Technologies such as barrier coatings, QR codes, and holographic images are being used to develop improved folding cartons at reduced costs,”.
“Manufacturers of various consumer products are demanding multipack folding cartons as they help in multi-branding and reducing costs.”

Key Market Drivers
Increased Demand for Packaged Food and Beverages
Increase in Production Capacity
Growing Demand from Healthcare Sector
Increased Market Consolidation

Key Market Trends
Innovations in Technology
Popularity of Retail-ready Packaging and Multipack Cartons
Demand for Eco-friendly Cartons
Aesthetic Appeal
Increase in M&A

Key Market Vendors
Amcor Ltd.
Graphic Packaging International Inc.
MeadWestvaco Corp.
Rock-Tenn Co.
To define the market circumstances in the next 3-4 years, the analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.

To access full report with TOC, please visit Folding Carton Market in North America 2015-2019.

No comments:

Post a Comment