7 Key market drivers of folding carton industry
Folding carton market is witnessing a surge in demand due to various factors. Also, COVID-19 is playing a pivotal role in generating demand of folding cartons due to e-commerce activity surge.With changing lifestyle and urban living, there is a rising demand for packaged food further creating huge demand for folding cartons.
Market drivers of folding carton
- 1. Rising technological advancements is likely to provide growth in the global folding cartons market
- 2. Increase in cosmetics and personal care market size due to changing lifestyle to boost demand in global folding carton market in the coming years
- 3. Launch of new products, rising consumer awareness is expected to proliferate the global folding market in the future
- 4. Furthermore, increase in research and investments is projected to pave way for the expansion in the global folding market
- 5. Moreover, the demand to cater to various types and sizes of cartons for e-commerce packaging to further spur folding carton market growth
- 6. Additionally, market players are investing in introducing eco-friendly cartons, mainly focussing environment conscious end-users
- 7. Demand from healthcare sector and pharma companies will also create a huge demand for the recyclable and sustainable carton in the near future
Join forces with India Folding Carton 2020 to ride on the predicted growth of folding carton market. India Folding Carton is a unique platform to showcase the best solutions involved in the process of pre-press equipment, carton making machinery, printing machinery and post-print equipment. The show is exclusively designed to serve the industry needs with solutions that makes it possible for Folding Carton Industry to meet the challenges and capitalise on the opportunities in a rapidly changing environment.