Press release
Flexible Paper Packaging Market Size to Boost USD 99.14 Billion By 2032 | CAGR 4.2% - Published by Emergen Research
Flexible Paper Packaging Market
Flexible packaging includes rollstock, bags, pouches, liners, wraps, and other flexible items as products for packaging and are useful in industries such as food and beverage, pharmaceuticals, and personal care which is driving market revenue growth. The major benefits of flexible paper packaging are its flexibility in packaging products of different shapes and sizes including irregular shaped products and consumption of less space than conventional and rigid packaging. It requires less storage space and facilitates easy transportation. In addition, it utilizes less energy and labor in the packaging of the products hence boosting market revenue growth.
The report is attuned with the latest market changes and economic landscape with regard to the currently unfolding COVID-19 pandemic. The crisis has affected the demand and supply pattern, as well as the trends of the industry. It has also brought an economic slowdown that has affected the business of the key manufacturers of the industry. The report estimates the impact of this crisis on the current scenario and future prospects and provides a post-COVID market scenario.
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Drivers of the Flexible Paper Packaging Market :
Several factors drive the expansion of the flexible paper packaging market. Environmental concerns and the increasing awareness of plastic pollution have led to a growing demand for sustainable packaging alternatives. Flexible paper packaging offers a renewable, biodegradable, and recyclable solution, making it an attractive choice for environmentally-conscious consumers and brands. Moreover, advancements in paper manufacturing technology have led to the development of high-performance paper substrates with enhanced barrier properties, moisture resistance, and printability, expanding the application scope of flexible paper packaging across various industries. Additionally, regulatory initiatives aimed at reducing single-use plastics and promoting sustainable packaging practices further drive market growth.
Growth Factors of the Flexible Paper Packaging Market :
The flexible paper packaging market is driven by several growth factors. Increasing investments in research and development aimed at improving the performance and functionality of paper-based packaging materials drive innovation in the market. Furthermore, strategic partnerships and collaborations between packaging manufacturers, paper suppliers, and brand owners facilitate the development of customized packaging solutions tailored to specific product requirements. Moreover, evolving consumer preferences towards convenience, portability, and sustainability drive the demand for innovative and eco-friendly flexible paper packaging formats, such as stand-up pouches, resealable bags, and compostable wraps.
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The report also discusses the key players involved in the market such as:
Amcor plc, Sonoco Products Company, Mondi, Sealed Air, Huhtamaki, Coveris, DS Smith, Sabert Corporation, Wihuri Group, WestRock Company, International Paper, Smurfit Kappa, Stora Enso Oyj, Nordic Paper, PG Paper Company, McNairn Packaging, Billerud AB, NIPPON PAPER INDUSTRIES CO., LTD., Gulf Paper Manufacturing Company, and Rengo Co., Ltd
The report provides a thorough estimation of the overall impact of the pandemic on the Flexible Paper Packaging Market and its vital segments. The report also discusses the impact of the pandemic across different regions of the market. It also offers a current and future assessment of the impact of the pandemic on the Flexible Paper Packaging Market
Flexible Paper Packaging Latest Industry Updates
On 11 May 2023, Mondi, the sustainable packaging and paper producer announced the plans of an upgrade and modernization of the Dynäs pulp and paper plant in Sweden as part pf its flexible packaging business. The objectives of this initiative was to increase productivity, improve the mill's overall environmental performance, and continue to satisfy consumer demand for sustainable paper-based packaging options.
On 5 May 2023, Mondi announced the commencement of production of a recyclable paper bag solution for roll-up mattresses. Mondi developed Protector Bag ExpandForm, an expandable paper bag solution for securely rolling up mattresses using its kraft paper. Protector Bag ExpandForm is a flexible, recyclable packaging replacing standard plastic packaging.
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Flexible Paper Packaging Market Segment Analysis :
For the purpose of this report, Emergen Research has segmented global flexible paper packaging market on the basis of paper type, packaging type, embellishing type, printing technology, end-use, and region:
Paper Type Outlook (Revenue, USD Billion; 2019-2032)
Kraft Paper
Parchment Paper
Greaseproof Paper
Sulfite Paper
Glassine Paper
Packaging Type Outlook (Revenue, USD Billion; 2019-2032)
Pouches
Rollstock
Shrink Sleeves
Wraps
Others
Embellishing Type Outlook (Revenue, USD Billion; 2019-2032)
Hot Coil
Cold Coil
Others
Printing Technology Outlook (Revenue, USD Billion; 2019-2032)
Rotogravure
Flexography
Digital Printing
Others
End-Use Outlook (Revenue, USD Billion; 2019-2032)
Food and Beverages
Retail and Consumer Products
Pharmaceuticals and Healthcare
Beauty and Personal Care
Agriculture
Others
Regional Outlook (Revenue, USD Billion; 2019-2032)
North America
U.S.
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Benelux
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
UAE
South Africa
Turkey
Rest of MEA
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