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Global Printed Carton Market 2019-2023 | 5% CAGR Projection Through 2023 | Technavio

Technavio has announced its latest market research report titled global printed carton market 2019-2023 (Graphic: Business Wire)

LONDON--(BUSINESS WIRE)--

The global printed carton market is expected to post a CAGR of around 5% during the period 2019-2023, according to the latest market research report by Technavio. Request a free sample report

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Growing concerns over the environmental impact caused by plastic is compelling end-users to look for recyclable and sustainable packaging solutions. This has increased the demand for printed cartons as they are eco-friendly, biodegradable, and free from harmful chemicals. Moreover, they are made of recycled materials, which makes them one of the most viable options for achieving sustainability. Therefore, the increasing demand for recyclable and sustainable packaging is expected to drive the growth of the global printed carton market.

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR30938

As per Technavio, the rising demand for eco-friendly inks will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other important trends and market drivers that will affect market growth over 2019-2023.

Global Printed Carton Market: Rising Demand for Eco-Friendly Inks

Governments across countries such as the UK, Germany, the US, France, and Canada are adopting several environmental regulations and policies that specifically address the use of harmful chemicals in the printing inks industry. This has increased the demand for biodegradable and vegetable oil-based inks among end-users. These inks are free from mineral oil and emit less VOCs. With growing focus on sustainability and eco-friendly products in the packaging market, the use of eco-friendly inks is expected to further boost market growth during the forecast period.

Technological advances in printed cartons and growing popularity of smart printed cartons will further boost market growth during the forecast period”, says a senior analyst at Technavio.

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Global Printed Carton Market: Segmentation Analysis

This market report segments the global printed carton market end-users (food and beverage, personal care and household, healthcare, and others) and geography (APAC, Europe, MEA, North America, and South America).

The APAC region led the market in 2018, followed by North America, Europe, MEA and South America respectively. During the forecast period, the APAC region is expected to maintain its dominance over the market. This is due to an growing demand for printed carton packaging from the food industry in the region.

Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more.

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Customer Landscape

Geographical Segmentation

  • Geographic comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Landscape disruption
  • Competitive scenario

Vendor Analysis

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com: https://www.businesswire.com/news/home/20191204005360/en/