Printed Cartons Market Size
The printed cartons market was worth $332.9 billion in 2020 and will increase at a rate of 6.1% per year from 2021 to 2027. Positive trends in the food and drink business will help it thrive in the future.
Printed cartons are small, light boxes or containers that are used to package things like food and drinks, health and beauty goods, home items, electronics, and more. These boxes are built of several kinds of materials, like paperboard, corrugated board, kraft board, liquid board, and more. They are good for the environment and can be recycled easily.
Printed cartons are very common in the food packaging business. People use them to package a wide range of foods, including soups, spices, dairy goods, and more. These items not only make food more sterile, but they also make it more available because they look good.
Because printed cartons are rigid and can be touched, they will be a good choice for the food and drink business. As people have more money to spend and their eating habits change, the overall sales of processed foods and drinks will go up, which will also help the printed cartons market.
A lot of cosmetics and luxury goods are packaged in paperboard. Paperboard is the greatest material for secondary packaging of cosmetics and personal care items since it can be shaped to fit the needs of many different products. Cosmetic companies think that paperboard packaging is a great way to promote their brands because it may be covered in printed paper or plastic. Due to things like a growing population and changes in lifestyle, personal care and cosmetic items are likely to see a steady rise in sales in the future.
Most big companies utilize flexography, lithography, and digital printing to put images on substrates. Printed boxes help people find and recognize things more easily. However, good printing technologies raise the price of the product, which is expected to be one of the biggest problems for the whole printed cartons market.
Printing facilities need a lot of money to start up and set up, which is why the prices of the products vary. As printing techniques get better, the equipment needs more setup time, which is a big reason why the entire printed cartons industry isn't growing as quickly as it should. The costs are also going up since the prices of raw materials like paper and pulp are going up.
| Report Attribute | Details |
|---|---|
| Base Year | 2020 |
| Printed Cartons Market Size in 2020 | 332,904.4 Million (USD) |
| Forecast Period | 2021 to 2027 |
| Forecast Period 2021 to 2027 CAGR | 6.1% |
| 2027 Value Projection | 499,713.7 Million (USD) |
| Historical Data for | 2017 to 2020 |
| No. of Pages | 230 |
| Tables, Charts & Figures | 221 |
| Segments covered | Material, Disposal Method, End-user, Region |
| Growth Drivers |
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| Pitfalls & Challenges |
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Printed Cartons Market Analysis
In 2020, corrugated board, which is cardboard with a wavy texture, was the most popular type of packaging, making up more over half of the market. Corrugated board is like a sandwich. There are two flat sheets of paperboard on the outside, which are called liners. There is a wavy layer of paper in the middle that is termed the medium. Containerboard is a unique kind of paperboard that makes up all of these layers. The liners keep the things within safe, while the medium makes them stronger and softer. It's like how a bridge is held up by arches. Because it's strong, can take dampness, and doesn't break easily, corrugated board is quite common in fields like electronics and hardware. Another good thing about it is that it's good for the environment. The rise in online purchasing and digital printing is what is truly driving the growth of corrugated packaging. More and more people are buying things online since supply chains are so efficient. This means that more cardboard boxes are needed. And digital printing makes it easy to put personalized graphics on boxes, which makes them look better and give more information.
By 2027, the recycling segment will grow at a rate of more than 5.5% per year. Many industries, including food and drink, pharmaceuticals, electronics, personal care, and bulk chemicals, require packaging. A lot of the waste these companies make is packaging materials and products. Most countries that do not have infrastructures required to recycle these wastes from packaging end up in landfill activities. These products release toxic waste that pollutes the soil.
Packaging that can be recycled helps cut down on the trash that packaging materials make. The recyclable packaging market is growing because people are changing their lifestyles, buying fewer items at a time, and becoming more conscious of eco-friendly packaging options. Recyclable packaging also lowers operational costs, which makes things run more smoothly and cuts down on waste.
By 2027, the food and drink industry will be worth more than USD 210 billion. The food and drink business is increasing quickly since there are more people living in Asia Pacific and the Middle East. This will lead to more demand for packaging materials, which will increase the market share of printed cartons by 2027.
The Indian food and drink business is growing because there is a lot of raw material production and natural supply advantages, as well as a large population that spends a lot of their disposable income on food. The need for processed, frozen, and packaged foods will also rise as people's lives change around the world. This will be good for the packaging market, and as the packaging industry grows, so will the printed cartons market.
Europe, get ready! In the future, you will be in charge of more than 20% of the printed cartons market. Why? Because you're a beauty powerhouse! People in Europe are all about looking and feeling their best, thus many small and large businesses are always coming out with new personal care products. Experts at Cosmetics Europe said that the skin and hair care departments are going to get a lot bigger. And you know what? These items need cool packaging to get people's attention. That's when printed boxes come in handy. They are light, easy to print on, and you can adorn them in a million various ways to make your products stand out. The future looks good for this market because more and more individuals are taking care of their skin and hair, which means that the need for printed cartons will keep expanding.
Printed Cartons Market Share
Industry players are adopting various strategies including production capacity expansion, mergers & acquisitions, and new product development to gain a competitive advantage. In June 2017, DS Smith acquired DPF Groupe, a company engaged in multi-material packaging solutions and corrugated producers. This will aid the company to expand its customer base in Europe printed cartons industry.
- Nippon Paper Industries Co., Ltd.
- International Paper
- Smurfit Kappa Group
- Tetra Pak International S.A.
- WestRock Company
- Amcor Limited
- Mondi PLC
are some of the key players in the printed cartons market.
The Printed Cartons Market report includes in-depth coverage of the industry with estimates & forecast in terms of volume in Kilo Tons and revenue in USD million from 2017 to 2027, for the following segments
By Material
- Paperboard
- Corrugated board
- Kraft board
- Coated paper
- Liquid board
By Disposal Method
- Combustion
- Landfilled
- Recycled
By End-user
- Food & beverage
- Hardware & electronics
- Homecare
- Healthcare
- Cosmetics & personal care
- Others
The above information is provided on a regional and country basis for the following
By Region
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Spain
- Italy
- Asia Pacific
- China
- India
- Japan
- Australia
- Indonesia
- Malaysia
- LATAM
- Brazil
- Mexico
- MEA
- South Africa
- GCC
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