Market Share of Folding Carton Packaging Industry
The folding carton market is fragmented, with several major players, such as Westrock Company, Smurfit Kappa Group, Graphic Packaging International LLC, DS Smith PLC, and Seaboard Folding Box Company Inc. (Vidya Brands Group). These players are focusing on increasing their market presence by securing new contracts and tapping new markets.
- In March 2024, DS Smith PLC announced the acquisition of Bosis doo, a packaging company in Serbia. The acquisition strategy will help the company enhance its capabilities and strengthen its ability to offer quality products to European customers.
- In November 2023, WestRock Company was awarded for packaging design excellence during the 80th annual North American Paperboard Packaging Competition sponsored by the Paperboard Packaging Council (PPC). The company received 10 awards for its different folding carton products.
Folding Carton Packaging Market Leaders
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Westrock Company
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Graphic Packaging International, LLC
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Mayr-Melnhof Karton AG
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Smurfit Kappa Group
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DS Smith PLC
*Disclaimer: Major Players sorted in no particular order
