For some brand owners, concerns over single-use packaging are creating renewed interest in folding cartons.
David Savastano, Editor01.21.20
Years ago, folding cartons were the primary means of packaging found in the supermarket. For a variety of reasons, flexible packaging has made significant gains in food packaging over the years. However, as concerns over the merits of single-use packaging have come forward, some brand owners are looking for alternatives, and a return to folding cartons is one option.
In its report, “The Future of Folding Cartons to 2024,” Smithers placed the global folding carton market at $110 billion, forecasting it to grow to $150 billion by 2024.
“Shareholders are demanding more sustainable packaging, and many companies and corporations have begun recognizing that sustainable business practices can improve financial performance,” Smithers reported.
According to Mordor Intelligence’s recent report, “Folding Carton Packaging Market – Growth, Trends and Forecast (2019-2024), the worldwide folding carton market was valued at $117.13 billion in 2018, wi
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