Printed Cartons Market Size
Printed Cartons Market size was USD 332.9 billion in 2020 and will grow at a CAGR of 6.1% between 2021 and 2027. Favorable trends associated with food & beverage will propel the industry growth in the future.
Printed cartons are small, light box or containers used for packaging of foods & beverages, healthcare products, household essentials, cosmetics, electronics, etc. These cartons are made of various materials, paperboard, corrugated board, kraft board, liquid board, etc. They are environment-friendly and can be efficiently recycled.
To get key market trends
Download Free Sample
Printed cartons are widely used in the packaged food industry. They are used in the packaging of a variety of food products such as soups, spices, dairy products, and others. These products not only add to the aseptic value of the food products but also add to the product availability through the aesthetic properties.
The rigidity of printed cartons coupled with their tangibility will make them a favorable option in the food & beverage industry. The rising disposable income coupled with changing dietary patterns will positively influence the overall processed food & beverage sales, in turn, positively contributing to the overall printed cartons market.
Paperboard is widely used in the packaging of cosmetics & luxury products. For secondary packaging of cosmetics & personal care products, paperboard is considered the best material due to its versatile capacity to adapt to the needs of a variety of individual products. Packages made of paperboard are considered a powerful branding tool by cosmetics manufacturers as they can be coated with printed paper or plastics. Personal care and cosmetic products are expected to witness a solid growth trajectory in future due to rising population, lifestyle changes, etc.
Flexography, lithography, and digital are the most common techniques used by major manufacturers to print on substrates. Printed cartons help in the proper identification and branding of products. However, effective printing technologies increase the product cost, which is projected to be one of the major restraints of the overall printed cartons market.
Printing facilities require high initial investments and setup costs, which means that the product prices vary accordingly. With increasing innovations in printing techniques, the equipment requires more set up costs, which act as a major barrier to the overall printed cartons market growth. Moreover, the rising raw material costs, such as paper & pulp, are also adding up to the overall costs.
Printed Cartons Market Report Attributes
| 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 |
- Strong growth of food & beverage industry in Asia Pacific
- Escalating hardware & electronics industry in North America
- Strong product demand in the personal care industry in Asia Pacific
|
| Pitfalls & Challenges |
- Rising product prices due to expensive printing techniques
|
What are the growth opportunities in this market?
Download Free Sample
Printed Cartons Market Analysis
Learn more about the key segments shaping this market
Download Free Sample
In 2020, cardboard boxes with a wavy texture, known as corrugated board, dominated the packaging industry, taking up more than half of the market share. Corrugated board is like a sandwich. It has two flat pieces of paperboard on the outside, called liners. In between, there's a wavy layer of paper called the medium. All these layers are made from a special type of paperboard called containerboard. The liners protect the goods inside, while the medium adds strength and cushioning. It's like how arches support a bridge. Corrugated board is especially popular in industries like hardware and electronics because it's tough, can handle moisture, and doesn't damage easily. It's also eco-friendly, which is a big plus nowadays. What's really driving the growth of corrugated packaging is the boom in online shopping and digital printing. Thanks to super-efficient supply chains, more and more people are buying stuff online, which means more cardboard boxes are needed. And with digital printing, it's easy to print custom designs on boxes, making them more attractive and informative.
Learn more about the key segments shaping this market
Download Free Sample
Recycling segment will witness over 5.5% CAGR by 2027. Packaging is used in various industries such as food & beverage, pharmaceutical, electronics, personal care, and bulk chemical. The huge proportion of wastes generated by these industries include packaging products and materials. Most countries that do not have infrastructures required to recycle these wastes from packaging end up in landfill activities. Toxic waste emissions from these products cause soil pollution.
Recyclable packaging helps in reducing the waste generated from packaging materials. Changing consumer lifestyles, procuring goods in smaller quantities, and increased consumer awareness toward eco-friendly packaging products are driving the recyclable packaging market. Further, recyclable packaging reduces operational costs; thus, improving efficiency and minimizing wastes.
The food & beverage segment will cross USD 210 billion by 2027. The growing population in Asia Pacific and the Middle East is a major contributor for the rapidly growing food & beverage industry, which will have subsequent positive impacts on the packaging material demand and thereby result in boosting the printed cartons market share by 2027.
The Indian food & beverage industry growth is supported by the availability of a large raw material production base and natural supply advantages along with a large population base that spends a high proportion of their disposable income on food. Additionally, changing consumer lifestyles across the globe will propel the demand for processed, frozen, and packed foods, which will also have a positive influence on the packaging market; thus, the growing packaging industry will boost the printed cartons market growth.
Looking for region specific data?
Download Free Sample
Get ready, Europe! You're set to command over 20% of the printed cartons market in the years to come. Why? Because you're a beauty powerhouse! Lots of small and big companies in Europe are constantly coming up with new personal care products, and people here are all about looking and feeling their best. According to the experts at Cosmetics Europe, the skin and hair care sections are about to explode. And guess what? These products need snazzy packaging to catch people's eyes. That's where printed cartons come in. They're lightweight, easy to print on, and they can be decorated in a million different ways to make your products stand out. So, as more and more people take care of their skin and hair, the demand for printed cartons will keep growing, making the future look bright for this market.
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
Click here to Buy Section of this Report
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
- Europe
- Germany
- UK
- France
- Spain
- Italy
- Asia Pacific
- China
- India
- Japan
- Australia
- Indonesia
- Malaysia
- LATAM
- MEA
