Global folding cartons market to 2020

30 June 2015

The global folding cartons market will be worth over $100 billion by 2020 and will consume almost 47 million tonnes, according to a new study by Smithers Pira. The $87 billion market, already dominated by demand from the Asia-Pacific sector, is set to undergo more of a shift towards this region. Key to the increasing dominance from this region is the growth in demand from China, which will increase its share of the market from 31% in 2010 to 39% by 2020. Healthcare products are the single largest users of folding cartons, followed by tobacco, and it is these two industries that face the most significant challenges in folding carton usage (News Item Smithers Pira, 11 June 2015).
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