LONDON--(BUSINESS WIRE)--Technavio has been monitoring the folding carton market in North America and it is poised to grow by 2.32 mn tons during 2020-2024, progressing at a CAGR of almost 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Frequently Asked Questions:
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What are the major trends in the market?
Increasing use of eco-friendly materials in packaging is a major trend driving the growth of the market. -
At what rate is the market projected to grow?
The year-over-year growth for 2020 is estimated at 4.00% and the incremental growth of the market is anticipated to be 2.32 mn tons. -
Who are the top players in the market?
Amcor Plc, Arkay Packaging, Bell Inc., Georgia-Pacific LLC, Graphic Packaging Holding Co., Greif Inc., Imperial Printing & Paper Box Mfg. Co., International Paper Co., Smurfit Kappa Group Plc, and WestRock Co., are some of the major market participants. -
What is the key market driver?
The rise in the number of M&A is one of the major factors driving the market. -
How big is the US market?
The US region will contribute 73% of the market share.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Amcor Plc, Arkay Packaging, Bell Inc., Georgia-Pacific LLC, Graphic Packaging Holding Co., Greif Inc., Imperial Printing & Paper Box Mfg. Co., International Paper Co., Smurfit Kappa Group Plc, and WestRock Co. are some of the major market participants. The rise in the number of M&A in the market will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Folding carton market in North America 2020-2024: Segmentation
Folding carton market in North America is segmented as below:
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End-user
- Food And Beverage Products
- Homecare And Personal Products
- Healthcare Products
- Tobacco Products
- Others
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Geography
- US
- Canada
- Mexico
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Folding carton market in North America 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The folding carton market in North America report covers the following areas:
- Folding carton market in North America Size
- Folding carton market in North America Trends
- Folding carton market in North America Industry Analysis
This study identifies increasing use of eco-friendly materials in packaging as one of the prime reasons driving the folding carton market growth in North America during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Folding carton market in North America 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist folding carton market growth in North America during the next five years
- Estimation of the folding carton market size in North America and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the folding carton market in North America
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of folding carton market vendors in North America
Table of Contents:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019-2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by End-user
- Market segments
- Comparison by end-user
- Food and beverage products - Market size and forecast 2019-2024
- Homecare and personal products - Market size and forecast 2019-2024
- Healthcare products - Market size and forecast 2019-2024
- Tobacco products - Market size and forecast 2019-2024
- Others - Market size and forecast 2019-2024
- Market opportunity by end-user
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- US - Market size and forecast 2019-2024
- Canada - Market size and forecast 2019-2024
- Mexico - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Vendor landscape
- Landscape disruption
- Competitive scenario
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Amcor Plc
- Arkay Packaging
- Bell Inc.
- Georgia-Pacific LLC
- Graphic Packaging Holding Co.
- Greif Inc.
- Imperial Printing & Paper Box Mfg. Co.
- International Paper Co.
- Smurfit Kappa Group Plc
- WestRock Co.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
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List of abbreviations
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