Luxury folding carton market is projected to reach $2.98 Billion by 2026 – Market Report
According to market research report, global luxury folding carton market is anticipated to reach $2.98 billion by 2026 growing at a CAGR of 5.8%.
Key factors such as rising demand for quick turnaround and customised packaging from many retailers, growing demand for carefully printed cartons are expected to drive the market growth. In addition, introduction of technological advancement is going to create more growth opportunities for the market size.
Luxury folding carton is applying digital printing innovation to print eye-catching illustrations which will attract the client's attention. The utilisation of computerised printing innovation is further fueled by the accessibility of different kinds of advanced carton presses.