Smithers Pira: Global market for folding cartons growing by 5.1% annually
The global market for folding cartons is growing by 5.1% annually, and will reach $184 billion by 2018, according to a major new study by Smithers Pira. Market growth will be led by increased demand for health care products, cigarettes, dry foods and frozen/chilled foods, especially in the emerging economies.
Three key technologies that will result in added value in the folding carton market between 2013 and 2018, are retail-ready packs (mainly in microflute), anti-counterfeit systems and barrier coating technologies (News Release Smithers Pira, 25 July 2013).
Click here for the news release.