Folded Carton Clamshell Market: Overview
Folded carton clamshell are one of the most efficient and eco-friendly packaging options due to availability in number of varied sizes with surprisingly a smaller carbon footprint, which in contrast is feasible than other packaging options used in major end-user industries. Moreover, we have seen a recent trend of vigorous investments in the recycling folded carton clamshell to provide environment-friendly solutions which further taps to a wide array of potential consumers.
We have seen the transition of the industry towards these eco-friendly solutions such as PaperWorks came up with coated recyclable board (CRB) folded carton clamshell alternative in household products and healthcare market which has 100% recyclable content in April 2017.
Folded carton clamshell market offers a product that has a wide range of benefits such as flexibility and rigidity due to these many reasons end-use industries majorly use folded carton clamshell for packaging different sized food products and consumer goods. Furthermore, strict government regulations on single-use plastic packaging in different countries across the world, in addition to the rise in awareness of the general public towards sustainability has forced players in end-use industries to transit to no plastic packaging. This trend is the major reason which will result in a boom in the folded carton clamshell market.
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Folded Carton Clamshell Market: Dynamics
The growth in the folded carton clamshell market is because of the high demand for dry food, frozen and chilled food, cigarettes which is abruptly increasing in the developing economies especially in countries like India, Malaysia, Indonesia and many more. With changing lifestyle, we have seen that there is a rise in the use of ready to eat food, which will directly increase the sales of the food and beverage industry which indirectly affects the folded carton clamshell market.
With the onset of recent trends and increase in the standard of living people have turned their attention towards personal care and the cosmetic industry too. There has been a considerable growth in organic beauty products and most importantly the ageing population has moved towards demands in skincare products. This trend will affect the rise in demand for folded carton clamshell market.
In the last few years, prices of wood pulp have skyrocketed at a remarkable rate owing to the exceeding global supply, this factor has impacted folded carton clamshell market. As industries are finding difficulty in gaining more profit margins. COVID-19 has positively affected the industry, the rise in takeaway orders and increase in concerns for hygienic are the major reasons for the increase in demand for folded carton clamshell market.
Folded Carton Clamshell Market: Segmentation
Folded carton clamshell market can be segmented by product type, end-user industry.
By product type, folded carton clamshell market can be segmented into;
- 1-Piece
- 2-Piece
By end-user, folded carton clamshell market can be segmented into;
- Food and Beverage
- Household
- Personal Care and Cosmetic
- Healthcare
- Tobacco
- Electrical and Electronics
- Others
Folded Carton Clamshell Market: Regional Outlook
The Asia Pacific has controlled the folded carton clamshell market, due to the presence of various rising economies which includes China, India, and Malaysia. Rising per capita income, changes in the standard of living and demand for packaged foods such as ready to eat meals, will raise the demand for folded carton clamshell over the coming period. The incoming of multinational retail chains like Walmart in the Asia Pacific region is working as fuel to the fire in the demand for packaged food, healthcare and personal care products which in turns benefits the market. E-Commerce companies like Amazon, Alibaba, and Flipkart are preferring folded carton clamshell for product deliveries due to its qualities such as sustainability and rigidity.
The Middle East and Africa have also witnessed substantial growth over the last few years due to an increase in demand for food and beverage because of the urban expansion and infrastructure development. Changing consumer lifestyle and the emphasis of government over regulations have been anticipated to boost the folded carton clamshell market.
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Folded Carton Clamshell Market: Key Players
Key players in folded carton clamshell market are;
- WestRock Company
- Amcor plc
- Seaboard Folding Box
- Smurfit Kappa Group PLC
- Quad Graphics Inc.
- Graphic Packaging International LLC
- Huhtamaki Oyj
- Georgia-Pacific LLC
- Sonoco Products Company
The report folded carton clamshell market is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on folded carton clamshell market segments and geographies.
Regional Analysis Includes-
- North America
- Latin America
- Europe
- Middle East & Africa (MEA)
- South Asia
- East Asia
- Oceania
Reports Highlights:
- A detailed overview of the parent market
- Changing folded carton clamshell market dynamics in the industry
- In-depth folded carton clamshell market segmentation
- Historical, current, and projected market size regarding volume and value
- Recent industry trends and developments in the folded carton clamshell market
- Competitive landscape
- Strategies for key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for players to sustain and enhance their market footprint
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
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