Press release
Flexible Paper Packaging Market Outlook: Key Players, Segmentation Analysis, 2032 | Companies-Amcor Plc, Sonoco Products Company, International Paper Company
The global flexible paper packaging market is predicted to display commendable progress during the forecast period of 2024-2032. Flexible paper packaging is a lightweight and economical solution employed for safeguarding, packaging, and extending a product's life. The eco-friendly attributes and high efficiency play a pivotal role in the global expansion of flexible paper packaging market growth. The growing trend for frozen and ready-to-eat items will also propel the market growth. Potential advantages, such as packaging customization, custom packaging, prolonged lifespan, and product efficiency are driving the demand for flexible paper packaging in various sectors. Notable developments from manufacturers are also bolstering the market growth.๐ ๐จ๐ซ๐ญ๐ฎ๐ง๐ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐ฉ๐ซ๐๐ฌ๐๐ง๐ญ๐ฌ ๐ญ๐ก๐ข๐ฌ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ญ๐ข๐ญ๐ฅ๐๐ "๐ ๐ฅ๐๐ฑ๐ข๐๐ฅ๐ ๐๐๐ฉ๐๐ซ ๐๐๐๐ค๐๐ ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ, ๐๐๐๐-๐๐๐๐."
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ - https://www.fortunebusinessinsights.com/enquiry/sample/flexible-paper-packaging-market-108352
๐๐๐ฃ๐จ๐ซ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐ซ๐จ๐๐ข๐ฅ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ:
Amcor Plc (Australia)
Sappi Limited (South Africa)
International Paper Company (U.S.)
KapStone Paper and Packaging Corporation (U.S.)
WestRock Company (U.S.)
Sealed Air Corporation (U.S.)
Sonoco Products Company (U.S.)
DS Smith Packaging Limited (U.K.)
Mondi Plc (U.K.)
Sabert Corporation (U.S.)
Packaging Corporation of America (U.S.)
Georgia-Pacific LLC (U.S.)
๐๐๐ ๐ฆ๐๐ง๐ญ๐ฌ:
By packaging type, the market is segregated into wraps, bags and sacks, envelops, pouches, sachets, and others.
By end-user, the market is segmented into food and beverages, personal care & cosmetics, pharmaceutical, consumer goods, and others.
With respect to geography, the market is studied across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
๐๐๐ญ ๐ ๐๐ฎ๐จ๐ญ๐- https://www.fortunebusinessinsights.com/enquiry/get-a-quote/flexible-paper-packaging-market-108352
๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฏ๐๐ซ๐๐ ๐:
The report analyzes the market in-depth and highlights several key areas, such as leading packaging types, end users, and key market players. It also focuses on the top market developments and the latest industry trends. Besides the aforementioned factors, the report covers many other factors that have helped the market grow.
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ฌ๐ญ๐ซ๐๐ข๐ง๐ญ๐ฌ:
๐๐๐ข๐ ๐ก๐ญ๐๐ง๐๐ ๐๐ฐ๐๐ซ๐๐ง๐๐ฌ๐ฌ ๐๐๐จ๐ฎ๐ญ ๐๐ฎ๐ฌ๐ญ๐๐ข๐ง๐๐๐ฅ๐ ๐๐๐๐ค๐๐ ๐ข๐ง๐ ๐ญ๐จ ๐๐ฉ๐ฎ๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก
The rising adoption of flexible paper packaging across various industries, such as healthcare, food & beverages, and consumer goods, driven by the growing disposable incomes, will contribute to growth of the global flexible paper packaging market share. The preference for flexible paper packaging over plastic packaging solutions, along with heightened awareness about sustainable packaging, will contribute to the market growth. The rising utilization of flexible paper packaging to reduce product waste and extend the product's shelf life, is fueling the market expansion. The stringent government regulations on the use of plastic products are further expected to propel the market in the coming years.
However, the lack of recyclability poses a major restraint on the growth of the global flexible paper packaging market. The comparatively lower durability of flexible paper packaging products than rigid packaging alternatives is also likely to impede the market's progress.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ
๐๐จ๐ซ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐ ๐๐จ๐ฆ๐ข๐ง๐๐ญ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฎ๐ ๐ญ๐จ ๐๐ซ๐จ๐ฐ๐ข๐ง๐ ๐๐ง๐ฏ๐๐ฌ๐ญ๐ฆ๐๐ง๐ญ๐ฌ ๐ข๐ง ๐&๐ ๐๐๐ญ๐ข๐ฏ๐ข๐ญ๐ข๐๐ฌ
North America holds the leading position in the global flexible paper packaging market due to its technological developments, substantial investment in research & development operations, and rising environmental concerns.
Asia Pacific stands out as the second-dominant region due to the growing e-commerce sector. Additionally, the increasing focus on environmental sustainability and government initiatives to ban plastics in nations, such as China and India will contribute to the region's growth.
The European flexible paper packaging market will also experience a rapid surge in growth owing to the region's augmenting beauty & cosmetics and food & beverage sectors.
The augmenting demand for smaller pack-size products and higher disposable incomes will fuel Latin America's flexible paper packaging market.
The Middle East and African markets are anticipated to show moderate growth due to the growing demand for ready-to-eat products.
๐๐๐๐ ๐๐จ๐ซ๐ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง- https://www.fortunebusinessinsights.com/flexible-paper-packaging-market-108352
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐
๐๐๐๐๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ญ๐จ ๐ ๐จ๐๐ฎ๐ฌ ๐๐ง ๐๐ซ๐จ๐๐ฎ๐๐ญ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ ๐ญ๐จ ๐๐๐ฆ๐๐ข๐ง ๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐
Some of the leading players operating in this market include Amcor Plc, Sappi Limited, International Paper Company, KapStone Paper and Packaging Corporation, WestRock Company, Sealed Air Corporation, Sonoco Products Company, DS Smith Packaging Limited, Mondi Plc, Sabert Corporation, Packaging Corporation of America, Georgia-Pacific LLC, among others. These firms are increasing their efforts to launch novel products in the market to remain competitive.
๐๐๐ฒ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐
May 2022: Brook + Whittle, a prominent provider of shrink sleeves, pressure-sensitive labels, and flexible packaging, officially completed the acquisition of Diamond Flexible Packaging Company. The latter is a premium provider of converting & flexible packaging solutions including custom-printed bags and pouches for various industries. The acquisition will significantly enhance Brook + Whittle's web printing capabilities.
January 2022: Amcor introduced a cutting-edge line of paper-based packaging products under the brand name AmFiberTM. This innovative solution offers European snacks and confectionery manufacturers a recyclable packaging option with a high barrier against oxygen and moisture.
August 2021: Huhtamaki declared the successful acquisition of a prominent sustainable supplier, Elif. This move will see Elif being integrated into Huhtamaki's flexible packaging business segment, further enhancing its sustainable packaging offerings.
December 2020: Mondi launched EcoWicketBag, a sustainable paper-based packaging solution, for Drylock Technologies' baby diaper ranges. This eco-friendly alternative to traditional plastic diaper packaging underscored EcoWicketBag's commitment to offering sustainable packaging solutions for its customers.
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๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
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