Asean Folding Cartons Market

Folding carton is any package or any part of a package whose shape can be readily changed. They are produced from materials such as paper and paperboard. They are made up of paperboard which is created into box shapes with different sizes. Folding cartons are eco-friendly packaging solutions and are widely adopted across the e- food & beverage, e-commerce, and warehousing.

Market Dynamics:

Based on industry, ASEAN  folding carton market is segregated ASEAN  Folding Cartons Market, By Material type (Solid Bleached Sulfate (SBS), Coated Unbleached Kraft (CUK), Coated Recycled Board (CRB), Uncoated kraft Boxboard (UKB)), By Order Type (Standard, Customized), By End-use (Food & Beverages (Frozen & Chilled food products, Fresh food products, Bakery & Confectionary, Ready to eat food products, Beverages, Others), Homecare Products, Personal care products, Pharma and Healthcare products, Tobacco Products, Industrial Products, Others), and By Region (Thailand, Myanmar, Indonesia, Malaysia, Vietnam, Philippines, Rest of ASEAN ) - Size, Share, Outlook, and Opportunity Analysis, for forcasting period 2023– 2030. Wherein, food & beverages segment accounted for the largest market share in terms of revenue in 2022 and contributed 39.0% in the same year.

On the basis of country, Indonesia accounted for the largest revenue share in 2022 and contributed a revenue share of 32.2% in 2022. The growth is majorly driven by the continuous increase in demand for takeaway food across ASEAN  countries. Besides, the rising demand for bulk storage and transportation also drives the demand for folding cartons in the ASEAN  region.

Key features of the study:

• This report provides in-depth analysis of folding cartons and provides market size (US$ Billion and Kilo Tons) and cumulative annual growth rate (CAGR %) for the forecast period (2022 – 2030), considering 2022 as the base year
• It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategy adopted by the leading players
• It profiles leading players in the ASEAN  folding carton market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
• Key companies covered as a part of this study include AR Packaging Group AB, HUHTAMAKI GROUP, Mayr-Melnhof Karton Gesellschaft M.b.h., International Paper, DS Smith PLC, Amcor Limited, Rengo Co., Ltd., Pactiv Asia
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, technology up gradation, market expansion, and marketing tactics
• The ASEAN  folding carton market report caters to various stakeholders in this industry including investors, suppliers, Folding carton manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the folding carton market

Detailed Segmentation:

• ASEAN  Folding Carton Market, By Material type:
  • Solid Bleached Sulfate (SBS)
  • Coated Unbleached Kraft (CUK)
  • Coated Recycled Board (CRB)
  • Uncoated kraft Boxboard (UKB) 
• ASEAN  Folding carton Market, By Order Type:
  • Standard
  • Customized
• ASEAN  Folding carton Market, By End-use:
  • Food & Beverages
    • Frozen & Chilled food products
    • Fresh food products
    • Bakery & Confectionary 
    • Ready to eat food products
    • Beverages
    • Others
  • Homecare Products
  • Personal care products
  • Pharma and Healthcare products
  • Tobacco Products
  • Industrial Products
  • Others
• ASEAN  Folding carton Market, By Geography:
  • Thailand
  • Myanmar
  • Indonesia
  • Malaysia
  • Vietnam
  • Philippines
  • Rest of ASEAN
• Company Profiles
  • AR Packaging Group AB
  • HUHTAMAKI GROUP
  • Mayr-Melnhof Karton Gesellschaft M.b.h.
  • International Paper
  • DS Smith PLC
  • Amcor Limited
  • Rengo Co., Ltd.
  • Pactiv Asia