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NEW YORK , Aug. 19, 2021 /PRNewswire/ --
The "folding carton market in North America by End-user (Food and beverage products, Homecare and personal products, Healthcare products, Tobacco products, and Others) and Geography (US, Canada , and Mexico ) - Forecast and Analysis 2021-2025" has been added to Technavio's offering. Do you know the folding carton market size in North America is expected to reach a value of $ 2.68 bn during 2021-2025?
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With the gradual recovery of markets from the aftermath of the COVID-19 pandemic, the materials industry is likely to witness MIXED impact during the forecast period.
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The increasing use of eco-friendly materials in packaging, the emergence of specialized folding cartons, and surging growth in the retail segment and e-commerce in North America will offer immense growth opportunities to the market players. In addition, the rise in the number of mergers and acquisitions in the market, the use of anti-counterfeiting technology in folding cartons in the pharmaceutical industry, and the use of barrier coatings in folding cartons are some of the prominent market trends likely to influence the market growth positively during the forecast period. However, the risk of contamination from recycled paperboard and the availability of substitutes for folding cartons are some factors anticipated to hinder the market's growth in the long run.
Folding Carton Market in North America 2021-2025: Segmentation
Folding Carton Market in North America is segmented as below:
Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
Retrieve Folding Carton Market in North America Report Highlights Here
Folding Carton Market in North America 2021-2025: Scope and Vendor Analysis
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The folding carton market in North America report covers the following areas:
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. In a bid to help players strengthen their market foothold, this folding carton market in North America forecast report provides a detailed analysis of the leading market vendors. Amcor Plc, Arkay Packaging, Bell Packaging Ltd., Edelmann Group, Georgia-Pacific LLC, WestRock Co., Graphic Packaging Holding Co., Imperial Printing & Paper Box Mfg. Co., International Paper Co., and Smurfit Kappa Group Plc are some of the major market participants. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.
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Related Reports on Materials Include:
Packaging Market by End-user, Type, and Geography - Forecast and Analysis 2021-2025
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Folding Carton Market in North America 2021-2025: Key Highlights
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