London, 20 February 2015: TechNavio, the independent tech-focused global research firm, has published a report on the Global Folding Carton Market 2015-2019, which is expected to witness a CAGR of 5.32 percent during the period 2014-2019.
“Many consumer product manufacturers prefer using eco-friendly packaging material as it provides an opportunity to promote environmental sustainability,” says Faisal Ghaus, Vice President of TechNavio.
“Many manufacturers have started focusing on the production of 100 percent recyclable folding cartons made of recyclable fibers.”
Key Market Drivers
- Surge in Demand for Packaged Food and Beverages
- Increase in Production Capacity of Vendors
- Increased Market Consolidation
- Increased Demand from Healthcare Sector
Key Market Trends
- Usage of Eco-friendly Cartons
- Esthetic Appeal for Marketing
- Technological Innovations
- Increase in Number of M&A
Key Market Vendors
- Graphic Packaging Holding Co.
- Mayr-Melnhof Karton AG
- MeadWestvaco Corp.
- RockTenn 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%…
