London, 03 February 2015: TechNavio, the independent tech-focused global research firm, has published a 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,” says Faisal Ghaus, Vice President of TechNavio.
“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, TechNavio 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.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
