Global Printed Cartons Market Size, Share, Growth Analysis, By Material(Paperboard, Corrugated Board), By Application(Food & beverage, Hardware & electronics) - Industry Forecast 2024-2031

Global Printed Cartons Market size was valued at USD 348.91 billion in 2022 and is poised to grow from USD 370.16 billion in 2023 to USD 594 billion by 2031, growing at a CAGR of 6.09% in the forecast period (2024-2031).

Within the packaging business, the printed cartons market is a significant segment that serves multiple industries, including consumer goods, pharmaceuticals, cosmetics, and food and drinks. Printed cartons offer brilliant graphics, branding, and product information in addition to serving as a potent marketing tool and protecting products. Growth in this market is impacted by the growing need for packaging that is eye-catching, educational, and environmentally responsible.

The growth of e-commerce, where eye-catching cartons improve the unboxing experience, and the move toward sustainable packaging options as a result of rising environmental consciousness are major factors propelling the printed cartons market. The need for printed cartons in the food and pharmaceutical industries is further fueled by strict laws governing labeling and safety information.

Geographically, the market is expanding most quickly in North America, Europe, and Asia-Pacific, areas with strong industrial and retail sectors. The printed cartons market is anticipated to maintain its growth trajectory, with a focus on innovation, sustainability, and the combination of functional and aesthetic features in packaging solutions, as consumer preferences and packaging laws continue to tighten.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Printed Cartons Market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Printed Cartons Market Segmental Analysis

The segments of the global market for printed cartons are Material, Application, End-user, and Region. The market is divided into four segments based on material: paperboard, liquid board, Kraft board, coated paper, and corrugated board. The market is divided into several segments based on application, including food and beverage, hardware and electronics, homecare, healthcare, cosmetics and personal care, and others. The market is divided into five regions: Latin America, North America, Europe, Asia Pacific, and the Middle East and Africa.

Drivers of the Global Printed Cartons Market

Printed cartons provide a useful medium for product differentiation and brand promotion. Vibrant images, logos, and thorough information on packaging improve brand awareness and make products stand out on crowded store shelves.

Restraints in the Global Printed Cartons Market

Customization, superior printing, and the use of environmentally friendly materials in printed cartons can raise production costs, which can affect pricing and therefore restrict uptake, particularly for smaller enterprises.

Market Trends of the Global Printed Cartons Market

Sustainability & Eco-Friendly Packaging: The market for printed cartons is still being driven by the emphasis on sustainability. Recyclable, biodegradable, or renewable packaging is becoming more and more in demand from consumers and brands. This trend involves using eco-friendly ink and printing techniques, as well as cutting down on packaging waste.