FOLDING CARTONS MARKET ANALYSIS
Market Outlook
Global folding cartons market size is expected to witness significant growth and register a CAGR of 4.65% over the forecast period (2019-2027). Folding cartons find applications in various industries, which is fueling its demand and eventually driving the market growth. Pharmaceutical sector is expected to hold a major share in the market during the forecast period. Furthermore, folding cartons manufacturing companies are investing heavily in research and development to provide more efficient products and cement their place in the market. Moreover, advancement in printed electronics technology for developing smart packaging solutions is expected to fuel the market growth. The demand for smart folding cartons is increasing as they can be tracked the delivery process, providing sophisticated packaging solutions for customers.
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