Digital Folding Cartons Market Size, Industry Analysis Report By Material Used (Plastic, Paper), By End-User (Food, Confectionary, Fruits and vegetables, Bakery, Dairy product, Meat, poultry, seafood) & Region – Forecast

  • 14/11/2022
  • 204
  • Packaging
The Digital Folding Cartons Market: Overview
The Digital Folding Cartons Market is valued at around USD 267.30 million in 2022 and is expected to reach USD 711.03 million by 2030, registering a CAGR of 12.7% over the forecast period. The intended most popular type of consumer packaging is folding cartons. Retail products are packaged in folding cartons. It is made of paperboard, which is readily available for less money.

The Digital Folding Cartons Market - Growth Factor
Over the past ten years, there has been a substantial change in the worldwide packaging sector. Digital folding cartons are mostly used for food packaging and brand promotion. In the last ten years, digital printing has left its mark on the packaging sector. As manufacturers and brands engaged in changing their package formats to make them compatible with digital printing presses, the packaging industry has proven to be a growth driver for the digital printing market. Manufacturers of digital folding cartons place a focus on variations with customization options including variable printing, serialisation, and track & trace, among others. The elimination of additional fees for promotional and targeted marketing is one of the main factors fostering the expansion of the worldwide digital folding cartons industry.

The Digital Folding Cartons Market – Market Trends
• Due to the favourable demographics, demand for folding cartons is increasing. Additionally, throughout the projected period of 2021 to 2028, population expansion, consumer disposable income growth, and the need for food are all having a significant impact on the growth of folding cartons.
• Due to the aforementioned factors, the market for folding cartons is expected to increase significantly over the course of the forecast period due to the increasing demand for dry foods, frozen or chilled meals, and cigarettes, particularly in emerging nations.
• Additionally, during the aforementioned forecast period, the quick change in lifestyle and shifting dietary preferences are anticipated to drive folding carton market growth.
• The most important aspect that actively drives the market need for folding cartons is the introduction of new products, the use of cutting-edge technologies and designs, and the strong demand for folding cartons.
• Over the forecast period of 2022 to 2030, the growing number of technical advancements and the rising demand for packaged food goods will also present a number of growth possibilities for the folding cartons market.

The Digital Folding Cartons Market – Segmentation
The Digital Folding Cartons Market fragrance concentrates market has been sub-classified into type, application.

On the basis of material used, the Digital Folding Cartons Market is bifurcated into:
• Plastic
• Paper
• Others

On the basis of end-user, the market is segmented into:
• Food
• Confectionary
• Fruits and vegetables
• Bakery
• Dairy product
• Meat, poultry, and seafood
• Others (pet food, baby food, etc).
• Beverage
• Alcoholic beverages
• Non-alcoholic beverages
• Tobacco
• Personal care and cosmetics
• Electronics
• Others

The Digital Folding Cartons Market –Regional Analysis
North America dominated the global Digital Folding Cartons Market, During the projected period, it is anticipated that the growth of delivery services like Deliveroo in the UK will boost sales of digital folding cartons.

The Digital Folding Cartons Market – Key Market players
Global key players of Digital Folding Cartons Market include CCL Industries Inc., Quad/Graphics Inc., Quantum Print and Packaging Ltd., Traco Manufacturing, Inc., Xeikon N.V., and Xerox Corporation, and others.

Report scope
Global Digital Folding Cartons Market: Historical Years- 2018-2021
Global Digital Folding Cartons Market: Forecast Years- 2022-2030
Global Digital Folding Cartons Market 2022- USD 267.30 million
Global Digital Folding Cartons Market 2030- USD 711.03 million
Global Digital Folding Cartons Market CAGR- 12.7%

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