Printed Cartons Market Report 2019 By Regional Revenue, Growth & Trends Analysis 2024
Category: #headlines  By Partha Ray  Date: 2019-08-02
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Printed Cartons Market Report 2019 By Regional Revenue, Growth & Trends Analysis 2024

Global Market Insights, Inc. recently introduced new title on 2019-2024 Global Printed Cartons Market Report from its database. The report provides study with in-depth overview, describing about the Product, Industry Scope and elaborates market outlook and status to 2024.

Amcor’s yesteryear acquisition of Alusa to expand its business profile in South America is an apt instance depicting consolidation of printed cartons market which is indeed claimed as an integral vertical of flexible packaging business sphere. Reportedly, Amcor’s acquisition of South America based flexible packaging corporation, Alusa, for USD 435 million in June 2016, provided a substantial boost to the former not only in terms of regional expansion but also in the enhancement of its product and customer base. 

Request sample copy of this report @ https://www.gminsights.com/request-sample/detail/1540

With this transaction, Amcor has successfully catered an expanded customer base in South America market, spanning across Chile, Columbia, Argentina, and Peru, along with its existing leadership in North America and Asia Pacific.  The deal, as claimed by the company, has left unmatched impact on Amcor’s profitability portfolio in the Flexible packaging industry, in extension strengthening its position in the printed cartons market. Some of the renowned contenders in printed cartons market include Lithoflex Inc., Tetra Pak International S.A WestRock Company, and Winston Packaging.

Speaking of the geographical aspects, North America is touted to be one of the major growth avenues in the global printed cartons market, augmented by the thriving demand from electronics and hardware sector. Substantial investment in research activities which has led to immense advancements in electronic devices is presumed to be the prime factor driving the regional industry outlook. 

Statistics further validates the fact- North America printed cartons market has marked a valuation of USD 30 billion in the year 2016.  Fierce competitive mindset among the leading giants to standout from their existing contemporaries has ultimately resulted in an increased adoption of innovative packaging solutions, making a significant contribution toward the overall industry share.

Acquiring an appreciable revenue of USD 40 billion in 2016, APAC turned out to be another profitable belt for printed cartons market investors. Increasing demand for expedient packaging solutions in terms of cost, transport, storage, as well as customer viewpoint has provided a significant impetus to the regional market. 

In addition to this, the demographic chart of 2016 depicts that APAC belt is home for nearly 60% of the world population – a factor that has stimulated a range of socio economic aspects propelling several end-use sectors such as electronics, healthcare, and food & beverage, in turn proliferating printed cartons market size. As per estimates, APAC printed cartons industry share is slated to experience a y-o-y growth of 6% over 2017-2024.

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/1540

Despite the threat to the market growth by the cost issue associated with digital printing techniques, printed cartons industry is set to attain remarkable gains in the forecast spell, subject to its wide array of applications in domains including electronics& hardware, food & beverage, cosmetics, healthcare, and residential. A recent report put forth by Global Market Insights Inc., forecasts printed cartons industry to exceed a valuation of USD 188 billion by 2024, with an estimated CAGR of 5.3% over 2017-2024.


 

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About Author

Partha Ray    

Partha Ray

Partha is into digital marketing since the last 3 years and has worked on multiple projects across various industries. An Computer Science engineer by education, he has prior experience in software development. His other interests include playing cricket & Hockey.

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