At Stunning 5.2% CAGR, Carton Market Size 2023, Recent Developments, Key Innovations, Emerging Demands, Top Company Data, Latest Technology, and Future Prospects Till 2029
[Latest News, Updates & Trend analysis] Carton Market 2023 Manufacturing Construction Industry Global Analysis By Covid-19 Impact On, Size, Trends, Growth, Share, Business, Key Players, Merger, Statistics, Competitive Landscape, And Regional Forecast To 2029 Is Latest Study Published By Exactitude Consultancy. At Stunning 5.2% CAGR, The global Carton Market was valued at over 85.54 Billion in 2022. The market is expected to see significant growth over the coming years, with a forecasted market value of over USD 128.8 Billion by 2029
Companies Profiled in Carton Market Report:
Huhtamaki Group, Amcor Limited, Tetra Pak Inc., International Paper Company, Constantia Flexibles Group GMBH, Sealer Air Corporation.
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Driving Factors
Increasing Consumption of Packaged Dairy Products to Augment Market Growth
The sales of dairy products have shown a topsy-turvy trend in the past. For instance, according to the U.S. National Agricultural Statistic Service, the per capita consumption of milk declined from 23 gallons in 2000 to 17 gallons in 2019. The key reason behind this decline was the growth in the popularity of dairy alternatives. However, in more recent times, with the pandemic gaining momentum, people are turning back to conventional grocery habits, resulting in a larger uptake of milk and milk products. A report by Midwest Farm predicted that after the hit of the pandemic, the growth in demand for milk was recorded at 45 million gallons in two peak weeks of March 2020, which equaled its one-year decline in the past.
In emerging economies of the Asia Pacific and Latin America, the demand for milk and dairy-based beverages is expanding. The rise of key dairy corporations such as Amul and Mother dairy is a testimony to this fact in India. Even in China, the local acceptance of milk and dairy products has grown strongly over the past couple of years. According to the China Milk Quotient Report and Dairy Global, dairy sales in China expanded by 6.4% in the past year, accounting for a market of around USD 56.9 billion. The growth was driven by about 96% of the local population believing that dairy consumption could help in improving immunity, especially in the middle of the pandemic.
Years considered for this report:
- Historical Years: 2018-2021
- Base Year: 2022
- Estimated Year: 2023
- Forecast Period: 2023-2029
What are the market factors explained in the report?
Key Strategic Developments: The study includes key strategic developments of the Carton Market, comprising R&D, new product launch, mergers and acquisitions, agreements, partnerships, collaborations, joint ventures, and regional growth of key competitors operating in the market globally and region.
Key Market Features: The report analyzed key market features including price, revenue, capacity, supply/demand, capacity utilization rate, gross production, production rate, market share, consumption, import/export, cost, CAGR and gross margin. Furthermore, the report also offers a comprehensive study of the key Carton Market dynamics and its latest trends, along with relevant market segments and sub-segments.
Analytical Tools: The Global Outsourced Carton Market report includes accurately researched and analyzed data on the key industry players and their scope in the market through various analytical tools. Analytical tools such as Porter’s five forces analysis, feasibility study, and ROI analysis have been used to analyze the growth of the key players operating in the market.
Get report analysis:
- Easy to Download Historical Data & Forecast Numbers
- Company Analysis Dashboard for high growth potential opportunities
- Research Analyst Access for customization & queries
- Competitor Analysis with Interactive dashboard
- Latest News, Updates & Trend analysis
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Segments Covered in the Report
(Note*: We offer report based on sub segments as well. Kindly, let us know if you are interested)
Global Carton Market by Products
- Paperboard
- Container Board
- Corrugated Board
By End Use
- Food & Beverage
- Personal Care
- Home Care
- Healthcare
- Retail
- Others
(Sample reports are a great way to test our in-depth reports or study before you make a purchase)
- Carton Market report also presents the country-wise and region-wise analysis of the Exactitude Consultancy and includes a detailed analysis of the key factors affecting the growth of the market.
- The newly updated, 100+ page reports provide an in-depth analysis of the COVID-19 virus and pandemic.
- Using industry data and interview with experts, you can learn about topics such as regional impact analysis, global forecast, competitive landscape analysis, size & share of regional markets.
- We offer these reports in PDF format so you can read them on your computer and print them out.
- Free sample includes, Industry Operating Conditions, Industry Carton Market Size, Profitability Analysis, SWOT Analysis, Industry Major Players, Historical and Forecast, Growth Porter’s 5 Forces Analysis, Revenue Forecasts, Industry Trends, Industry Financial Ratios.
- Sample Report further sheds light on the Major Market Players with their Sales Volume, Business Strategy and Revenue Analysis, to offer the readers an advantage over others.
Strategic Points Covered in Table of Content of Global Carton Market:
Chapter 1: provides an overview of Carton Market, containing global revenue and CAGR. The forecast and analysis of Carton Market by type, application, and region are also presented in this chapter.
Chapter 2: is about the market landscape and major players. It provides competitive situation and market concentration status along with the basic information of these players.
Chapter 3: introduces the industrial chain of Carton Market. Industrial chain analysis, raw material (suppliers, price, supply and demand, market concentration rate) and downstream buyers are analysed in this chapter.
Chapter 4: concentrates on manufacturing analysis, including cost structure analysis and process analysis, making up a comprehensive analysis of manufacturing cost.
Chapter 5: provides clear insights into market dynamics, the influence of COVID-19 in Carton Market industry, consumer behaviour analysis.
Chapter 6: provides a full-scale analysis of major players in Carton industry. The basic information, as well as the profiles, applications and specifications of products market performance along with Business Overview are offered.
Chapter 7: pays attention to the sales, revenue, price and gross margin of Carton Market in markets of different regions. The analysis on sales, revenue, price and gross margin of the global market is covered in this part.
Chapter 8: gives a worldwide view of Carton Market. It includes sales, revenue, price, market share and the growth rate by type.
Chapter 9: focuses on the application of Carton Market, by analysing the consumption and its growth rate of each application.
Chapter 10: prospects the whole Carton Market, including the global sales and revenue forecast, regional forecast. It also foresees the Carton Market by type and application.
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