The global holography and digital printing folding carton market the size is estimated at one CAGR of 7.21% over the forecast period (2021-2027). The Global Holography and Digital Printing Folding Box Market report has been released by Marker Statsville Group. The report provides the client with the latest information on Holography and Digital Printing Folding Boxes market trends. You will find in the report the market value and growth rate, size, production consumption and gross margin, prices and other influential factors. Along with this, you will get detailed information about all the distributors, suppliers and retailers of the Holography and Digital Printing Folding Cardboard market in the report. The competitive scenario of all the industry players is mentioned in detail in the report. Due to the pandemic, market players have strategically changed their business plans.
Factors affecting the holography and digital printing folding carton market over the forecast period
Growing investments in research and development activities and rising technological advancements in the holography and digital printing folding carton market are augmenting the growth of the market. Due to the increase in pandemics around the world, several market issues have been generated around the world, such as economic crisis in various regions and loss of jobs.
The increase in the need for recyclable and sustainable packaging, the growth of the e-commerce sector and the adoption of environmentally friendly materials for the manufacture of folding boxes will have a significant impact on the growth of the market value of folding boxes. during the forecast period.
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Growth of smart folding cartons and digital printing
According to experts from Market Statsville Group (MSG), the development and increasing popularity of holography and digital printing of folding cartons will drive the growth of the folding carton market.
Digital printing is likely to gain traction in the folding carton market due to the need for quick turnaround and custom packaging from different brands. Several retailers, brands and supply chain partners are experiencing an increase in demand for folding cartons with attractive graphics to attract consumers. The availability of various types of digital carton presses is also increasing the use of digital printing technology. Thus, with the rise in demand for digitally printed folding cartons, there will be a concurrent increase in the growth of the folding carton market during the forecast period.
Advances in printed electronics technology are making smart packaging development economical. Additionally, smart folding boxes allow sellers to track the package throughout the delivery process. They provide customers with product information using QR codes or feature personalized design and messages for customers.
The integration of multiple technologies such as QR codes, NFC, RFID and embedded barcodes will help gain customer trust through improved customer experience.
Impact of COVID-19 on Holography and Digital Printing Folding Cardboard Market
The COVID-19 pandemic has severely affected the global economy which will greatly impact the growth of the Holography and Digital Printing Folding Boxes market. Investment in smart technologies will see a halt in the growth of the sector in 2020. However, post COVID-19, the market for holography and digital printing of folding cartons is expected to witness considerable growth supported by the initiatives governments to develop smart packaging in various fields. packaging requests. This, in turn, is expected to propel the post COVID-19 market growth across the globe.
The report describes the global holography and digital printing folding carton market based on type and application.
The Holographic and Digitally Printed Folding Cardboard Market has been segmented on the basis of Type –
- Right end
- End folded upside down
- Self-bottom tuck top
- Tuck top snap-lock bottom
- Complete end of gasket
- Double glued side
The Holography and Digital Printing Folding Carton Market has been segmented on the basis of Application –
- Beauty products
- Bottling of liqueurs
- Personal care products
- Sports (golf balls)
Holography and digital printing folding carton market regional outlook
The holography and digital printing folding carton market has been segmented into five geographical regions, namely North America, Asia-Pacific, South America, Europe and Middle East and Africa. In 2020, Asia-Pacific held the largest share of the global holography and digital printing folding carton market, followed by North America and Europe. It is further estimated that Asia-Pacific will dominate the holography and digital printing folding carton market over the forecast period. Additionally, North America is expected to project the highest CAGR in the global market over the forecast period.
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Key competitors in the global holography and digital printing folding carton market include
The market for holographic and digital printing folding boxes is highly fragmented, with the presence of a large number of smaller players across the globe. Major Holographic and Digitally Printed Folding Cardboard Market players operating in the global market include-
- Graphic Packaging International Corporation
- Mayr-Melnhof Karton AG
- Hazen Paper Co.
- Imaging Electronics
- Tetra Laval
- Rengo Co. Ltd.
- Georgia-Pacific LLC
- AR packaging
- Amcor Limited
- Gulf Printing and Packaging
- Metsa Council
The Holographic and Digital Printing Folding Boxes Market report provides an in-depth analysis of macroeconomic factors and market attractiveness of each segment. The report will include an in-depth qualitative and quantitative assessment of the industry/regional outlook with the presence of market players in the respective segment and region/country. The information concluded in the report includes the entries.
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