Folding Carton Market
The global folding carton packaging market was valued at USD 141.43 billion in 2022 and is projected to reach USD 208.73 billion by 2031, growing at a CAGR of 4.42% during the forecast period (2023–2031). There has been a rise in medicine counterfeiting, emphasizing the need for enhanced monitoring and traceability in patient medication, driving market demand. Folding cartons, crafted from paperboard and tailored through cutting, lamination, folding, and printing, serve diverse packaging needs. They are delivered flat to packagers who fold them into final product containers. This versatile packaging format, exemplified by cereal boxes, includes variants using corrugated fiberboard with E- or micro-flutes for added strength and functionality.