1.4X Growth to be Witnessed in Revenue in Luxury Folding Carton Market From 2019 to 2027, Notes Transparency Market Research

1.4X Growth to be Witnessed in Revenue in Luxury Folding Carton Market From 2019 to 2027, Notes Transparency Market Research

PR Newswire

ALBANY, New York, May 20, 2020

- Increasing demand for luxury goods, expansion in retail industry to contribute to growth in the luxury folding carton market

- Personal care and cosmetics, and food and beverages segments to dominate growth in the market from 2019 to 2027, Europe to dominate global luxury folding carton market over the forecast period

ALBANY, New York, May 20, 2020 /PRNewswire/ -- The compound annual growth rate of global luxury folding carton market will be 4.6% over the forecast period of 2019 to 2027. This would translate to a 1.4X growth in revenue over the period.

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As per Transparency Market Research, "Growth in luxury goods market and retail industry is paving way for notable growth in the global luxury folding market over the forecast period. As luxury brands emerge or try to expand presence across developing economies in Asia and Latin America, demand for luxury folding cartons increases."

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Key Findings of Global Luxury Folding Carton Market Study:

Gather core insights about the growth dynamics of the Luxury Folding Carton Market (Material Type - Folding Boxboard, Solid Unbleached Board, Solid Bleached Board, White Line Chipboard; Inserts - Foam Insert, Paper or Paperboard Insert, Plastic Insert, Without Insert; Structure - Straight Tuck End, Reverse Tuck End, Tuck Top Auto-bottom, Tuck Top Snap-lock Bottom, Full Seal End Cartons, Double Glued Sidewall, Others; End-use Industry - Food & Beverages, Cosmetics & Personal Care, Confectionery, Tobacco, Apparel) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019 – 2027 at https://www.transparencymarketresearch.com/luxury-folding-carton-market.html                                                                                                                          

Key Drivers of Global Luxury Folding Carton Market:

The food and beverages industry is growing and a lot of this credit goes to increase in disposable income, and growing online services. Besides, it is pertinent to note here that packaging in luxury folding cartons in this industry is witnessing an upward demand curve. And, this is particularly true of alcoholic beverages. As players try to tap into the high-end consumer base, the cartons witness an increase in demand. Other factors of growth include the following:

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Regional Analysis of Global Luxury Folding Carton Market:

Analyze luxury folding carton market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study

Competitors Landscape of Global Folding Carton Market:

The global luxury folding carton market is highly fragmented. Transparency Market Research provides an in-depth view of the vendor landscape with a comprehensive profiling of top players in its market report. Some of the most notable players are Robinson Plc, McLaren Packaging, Sunrise Packaging, Stora Enso Oyj, Westrock Company, International Paper Company, Smurfit Kappa Group Plc, DS Smith Plc, Mondi Group, Coveris Holdings S.A., Karl Knauer KG, Keskeny & Co. Ltd., Mayr-Melnhof Karton AG, Groupe VERPACK, Metsä Board Oyj, KOLBUS GmbH & Co. KG, HH Deluxe Packaging, Solutia Italia Srl, Stevenage Packaging Limited, and Diamond Packaging Corp.

View Detailed Table of Contents at https://www.transparencymarketresearch.com/report-toc/62205

Segmentation of Global Luxury Folding Carton Market:

Material Type

Inserts

Structure 

End-use Industry

Explore Transparency Market Research's award-winning coverage of the Global Packaging Industry:

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