Global folding carton market 2016-2020
In a new report Technavio's analysts forecast the global folding carton market to grow at a CAGR of 4% between 2016 and 2020. Growing demand for packaged foods products has accelerated the demand for folding carton. Packaged food and beverage companies are demanding an increased variety of folding cartons with unique designs that meet the increased production requirements and help create product differentiation.
APAC dominates the market, accounting for 46% of the total market share. China and Japan are the major revenue contributors to the market in this region, owing to the introduction of latest technologies for manufacturing folding cartons (Press Release Technavio, 7 April 2016).
Click here for the press release.
Click here for more information about the report.
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If you have any questions about this subject, please contact us: info@nvc.nl, +31-(0)182-512411. This item is also included in our monthly overview, the NVC Members-only Update.