DUBLIN, Mar. 03, 2015 /PRNewswire/ --Research and Markets
(http://www.researchandmarkets.com/research/3mtnmh/global_folding) has announced the addition of the "Global Folding Carton Market 2015-2019" report to their offering.
The analysts forecast the Global Folding Carton market to grow at a CAGR of 5.32% and 5.17% in terms of revenue and volume, respectively, over the period 2014-201
Folding cartons are paperboards that are cut, folded, laminated, and printed for packaging goods. They are available in various sizes and shapes and are often delivered as flat paperboards with creasing to help in packaging. Folding cartons are made of virgin wood pulp, recycled paper stock, or other fibers.
One key trend upcoming in the market is the increase in technological innovations. With the use of newer technologies and designs, vendors are launching new products in the market to address the growing demand for folding cartons.
According to the report, one of the main drivers of this market is the increase in demand for packaged food and beverages, which is a result of the rise in population and increase in disposable income of consumers in many parts of the world. This in turn will lead to an increase in demand for folding cartons used for packaging.
Further, the report states that one of the main challenges hindering the growth of this market is the capital-intensive nature of the business. Vendors need huge amounts of capital to enter the market, both for initial investments and while adopting newer technologies.
The following segments are the most prominent end-users of folding cartons:
- Beauty and Personal Care Products Manufacturers
- Food and Beverages Manufacturers
- Healthcare Products Manufacturers
- Household Care Products Manufacturers
- Graphic Packaging International
- Mayr-Melnhof Karton
For more information visit http://www.researchandmarkets.com/research/3mtnmh/global_folding
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SOURCE Research and Markets