Carton Boxmakers Shifting Strategies

M&A activity

While the folding carton, as well as the rigid setup box segment, has and will continue to shrink, it will not be at a pace or value anywhere near what the flexible packaging industry has experienced in the past three years. Industry sources put the estimated total number of folding carton companies somewhere between 300 and 450, and the number of plants between 495 and 600.