Smithers pegs growth for USD 60.4 bn folding carton market

Smithers, in its latest market report – The Future of Folding Cartons to 2028 states the actual consumption of paperboard formats will reach 56.8 million tons worldwide, up from 47.8 million tons in 2019. And in 2028, it will be 77.3 million tons which is equivalent to a compound annual growth rate (CAGR) of +6.4%.