ASEAN Folding Cartons Market: Regional Analysis
Indonesia dominated the ASEAN Folding Cartons market in 2022, accounting for a 32.2% share in terms of value, followed by Thailand and Malaysia, respectively. According to Australia's Department of Agriculture and Water Resources, China is constrained by its limited and degraded agricultural resources, raising concerns about the country's capacity to meet expanding demand for food supply from domestic production. As a result, the government must look for alternatives, such as importing food, which would demand environmentally friendly packaging that would protect the product from injury and deterioration. As a result, the region's packaging sector would profit.
Figure 2. ASEAN Folding Cartons Market, Revenue Share (%), By Country, 2022
Asean Folding Cartons Market Report Snapshots
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