ASEAN FOLDING CARTONS MARKET ANALYSIS

ASEAN Folding Cartons Market, By Material Type (Solid Bleached Sulfate (SBS), Coated Unbleached Kraft (CUK), Coated Recycled Board (CRB), Uncoated kraft Boxboard (UKB)), By Order Type (Standard, Customized), By End-use (Food & Beverages (Frozen & Chilled food products, Fresh food products, Bakery & Confectionary, Ready to eat food products, Beverages, Others), Homecare Products, Personal care products, Pharma and Healthcare products, Tobacco Products, Industrial Products, Others), and By Region (Thailand, Myanmar, Indonesia, Malaysia, Vietnam, Philippines, Rest of ASEAN)-

Published In : Jul 2023
Code : CMI3990
Pages :120
Formats :
Excel and PDF
Industry : Packaging

Regional Analysis

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