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A printed carton is a type of box or container that is usually made of wood paper and sometimes of fiberboard. It is a product offered by various third-party organizations to provide packaging solutions to manufacturing companies. Most of the manufacturers prefer outsourcing their packaging activities to minimize the usage of manpower and the overhead cost associated with packaging. Few companies also opt for contract packaging services due to lack of infrastructure and proficiency. Printed cartons help manufacturers to focus on branding of their product and enhance the safety of the product. The major industries where printed carton is mostly used are food & beverage, pharmaceutical, personal care, and others.
COVID-19 Scenario Analysis:
The outbreak of the COVID-19 pandemic has impacted the global printed carton market to a great extent.
One of the major factors which is responsible for driving the growth of the printed carton market is the rapid growth of the e-commerce sector. Most of the consumers across the globe are shifting toward e-commerce stores for better convenience. As a result, the demand for packaging solutions is at a steep rise. The major pharmaceutical companies prefer to outsource the job for packaging the medicines as it is an important aspect in keeping the drugs safe for usage. Moreover, people also prefer products with good interface and now a days, hygiene and safety are the main concern. The food & beverage companies also employ various third-party vendors for further packaging activities. However, the strict regulations and protocols regarding harmful environmental effects of packaging are expected to limit the market growth
In terms of market share, North America holds a significant share of the global printed carton packaging market due to heavy demand in the pharmaceutical and food & beverage industries in the region. The market in the Asia-Pacific region is also expected to witness lucrative growth owing to the rise in popularity of e-commerce in the emerging economies such as India and China.
Key Benefits of the Report:
Questions Answered in the Printed Carton Market Research Report:
Printed Carton Market: Global Opportunity Analysis and Industry Forecast, 2021–2028 Report Highlights
Aspects | Details |
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By Type |
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By Printing Technology |
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By Printing Ink |
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By Application |
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