New York, NY -- (SBWIRE) -- 07/22/2019 -- Global Fully Enclosed Cartons – Market Overview:
In recent few years folding cartons are considered to be one of the most important packaging type for food & beverages items and is expected to grow significantly over the forecast period 2017-2025. Packaging manufacturers are nowadays looking for innovative packaging solutions in order to capture target customers and have competitive edge. Folding cartons are one of the fastest growing packaging segment across the globe. Fully enclosed cartons are the advance version of folding cartons which are used for packaging of various packaging items such as cans, bottles and some other. Fully enclosed cartons are mainly manufactured from bleached paperboard and coated unbleached kraft paperboard. Fully enclosed cartons market is gaining traction due to recyclable nature of paperboard used in the cartons. All these factors are increasing the growth for fully enclosed cartons.
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Global Fully Enclosed Cartons – Market Dynamics:
Fully enclosed cartons market is projected to witness substantial growth due to rising demand for convenient packaging options. Fully enclosed cartons are also getting demand from logistics companies who are looking for small and convenient packaging solution. In addition, fully enclosed cartons are also capable of preserving the quality of food and beverages. Furthermore, fully enclosed cartons are also printed so than it can give aesthetic and promotional value for the product packed in it. Low cost of raw material for manufacturing fully enclosed cartons are getting attracted. Fully enclosed cartons have also seen significant growth due to increase in shipping and cargo industry across the globe. Moreover, fully enclosed cartons are getting restricted due to several other rigid packaging options available in the market. Fully enclosed cartons usage is also restricted towards the usage for small size packs and is not suitable for packaging of product in bulk.
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Global Fully Enclosed Cartons Market – Key players:
Few of the key players in the fully enclosed cartons market are WestRock Company, Graphic Packaging International, Inc., Aries Packaging SA, Atlas Packaging Ltd., North American Cardboard Inc., Ficus Pax Pvt Ltd, Empire Packaging & Displays, Smurfit Kappa Group, KapStone Paper and Packaging Corp, Sonoco Products Company, Georgia-Pacific LLC, Schur Pack Germany GmbH, etc.