Flexible Paper Packaging Market: Industry Analysis and Forecast

  • Flexible Paper Packaging Market  is expected to grow at a CAGR of 4.1 % during the forecast period 2024-2030.

  • Format : PDF | Report ID : SMR_699

Flexible paper packaging Market Overview:

Flexible paper packaging not only helps to reduce beverage and food waste but also allows online retailers to refresh their packaging and improve the e-commerce experience. Flexible paper packaging materials, unlike other materials such as metals and plastics, may be reused and recycled fast.

 

As a result, flexible paper packaging is regarded as one of the most ecologically friendly and cost-effective packaging options. Governments and organizations are anticipated to play a vital role in influencing the sector by implementing solid environmental rules and standards that encourage the use of recyclable paper-based products.

 

The environmental problem of reducing, reusing, and recycling is a huge one, and recyclable packaging is a large part of it. It's also a huge step toward more environmentally friendly packaging. Personal care, medicines, food and beverage, healthcare, and personal care are all affected by the packaging sector. In the long run, this is expected to boost the recyclable packaging sector.

 

Flexible paper packaging Market

 

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Flexible paper packaging Market Dynamics:

Flexible packaging uses fewer resources and energy to package; as a result, they are less expensive and take up 35% less retail shelf space, making them more cost-effective than their counterpart packaging options, such as plastic.

 

They consume less natural resources, produce less energy, and emit fewer greenhouse gases. Flexible paper packaging also lowers product waste and extends shelf-life; for example, mushrooms, potatoes, and onions wrapped in flexible paper packaging ripen more slowly because excess moisture is absorbed and the product is kept dry.

 

This feature of paper packaging makes it a suitable option for packing vegetables, thereby leading to the growth of the Flexible paper packaging market. Flexible paper packaging uses the least amount of packing feasible, minimizing storage and transportation costs while preserving or increasing product protection.

 

Instead of being confined to the size of a label, flexible paper packaging enables high-quality and high-impact graphics, allowing a business to execute 360-degree branding.

 

A printing partner that specializes in digitally printed flexible packaging may also assist in achieving accurate, photo-quality designs and pictures. A producer may obtain all regulatory-required information and have plenty of space for product characteristics and advantages, as well as eye-catching visuals, using flexible paper packaging. This accounts for a major opportunity for the flexible paper packaging market to grow further in the years to come.

 

Some pulp and paper enterprises' forest practices have wreaked havoc on the world's most ecologically significant species. Illegal harvesting and the conversion of high conservation value forests have resulted from unsustainable pulp and paper enterprises. This is still a challenge for the flexible paper packaging industry, which is working hard to meet environmental targets.

 

Paper is far more biodegradable than plastic and is relatively easy to recycle. However, it frequently ends up in landfills, where its rate of decomposition is slowed, and it takes up more space than plastic of the same weight.

 

Furthermore, non-recyclable paper-based flexible packaging is frequently laminated with other materials such as plastic/aluminum or coated with resin. Material separation is difficult in multi-layer packaging with a mix of layers such as paper-plastic-metal.

 

Flexible Paper Packaging Market: Effect of COVID-19

The COVID-19 pandemic has had a significant impact on the flexible paper packaging business. Supply shortages and event cancellations have occurred from self-isolation regulations, and supply networks are attempting to transfer supply chains and distribution delays.

 

Workers must be separated, which is a major problem in the flexible paper packaging business, particularly in China, where many packaging companies rely on production facilities. Due to factory closures in China, Australian supermarket executives have warned that flexible paper packaging supplies may become difficult to come by during the coronavirus outbreak.

 

Flexible Paper Packaging Market Segmentation:

On the basis of Type, the Flexible paper packaging market is segmented into Pouches, Rollstock, Shrink Sleeves, Wraps, and others. Pouches are expected to dominate the flexible paper packaging market in terms of value by 2029. Pouches are becoming more popular due to their versatility, low weight, and simplicity of transport. The food packaging and e-commerce industries are driving more demand for pouches.

 

Flexible paper packaging Market

 

On the basis of Technology, the Flexible paper packaging market is segmented into Rotogravure, Flexography, Digital Printing, and others. Flexography is expected to be the biggest category in the flexible paper packaging market throughout the forecast period, based on printing technology. The fact that flexography inks have a low viscosity allows the print to dry fast, speeding up the printing process and lowering production costs. It held around 40% of the market, followed by the flexography segment; the Digital printing segment accounts for 30% of the market.

 

On the basis of Application, the Flexible paper packaging market is segmented into Food, Spirits, Other Beverages, Healthcare, Beauty and personal care, and others. The Food Segment is expected to grow at a CAGR of 5.2 % during the forecast period. Paper packaging is the food industry's most valuable asset. It is both environmentally beneficial and convenient for customers.

 

As a result, there is fierce rivalry in the food business among firms that supply consumers with high-quality items. To preserve food and maintain the nutritional content of goods, many retail outlets employ paper packing materials.

 

Over the forecast period, growth is expected to drive, due to companies to expand their production capacity, resulting in higher product demand for paper packaged goods such as ready-to-eat meals, frozen meals, snacks, and cake mix. Because of the growing number of people purchasing, the industry is likely to rise.

 

The beauty and personal care segment holds the 2nd largest share in the market. To safely pack cosmetics and other beauty products, paper packaging has become very convenient, keeping in mind the harmful effects of Plastic.

 

Flexible paper packaging Market Regional Analysis:

With a market share of more than 41.3 %, North America leads the Flexible Paper Packaging Market, followed by APAC and Europe. North America has the largest share, owing to the rising number of beverage makers and the presence of a vast number of companies in the area. Paper and paperboard recovery has grown by 81 % in the United States and Canada since 1990, with recycling rates of 70 % in the US and 80 % in Canada.

 

China and India are likely to have considerable growth in the flexible packaging paper market in the Asia Pacific. Furthermore, being a mature industry, Europe is likely to have slow development in the flexible packaging paper market throughout the forecast period.

 

The Asia-Pacific region is expected to expand rapidly. The expansion of the flexible paper packaging markets is being fueled by the increasing number of production facilities throughout the world, as well as rising consumerism and the Asia Pacific transit paper packaging sector.

 

Due to expanding demand for paper pulp in developing nations like China and India, the area is expected to be a quickly growing industry. China's transit flexible paper packaging market is expanding, owing to rising consumption and increased demand for flexible paper packaging.

 

Demand for flexible paper packaging is rising slowly in the Middle Eastern and South American region. There is an increasing need for recycled paper, in addition to the requirement for flexible paper packaging.

 

The report aims to provide stakeholders in the flexible paper packaging market with a detailed market outline. The research discusses the most critical Flexible paper packaging sector trends and how these trends are expected to impact future business investments and marketing strategies throughout the forecast period. By studying market leaders, market followers, and regional players, the report also aids in the understanding of the Flexible paper packaging Market dynamics, economic fundamentals, and competitive structure.

 

The qualitative and quantitative data in the Flexible paper packaging Market research will help determine which market segments, regions, and influencing factors are expected to grow at faster rates and significant opportunity areas that will drive the market and market growth during the forecast period.

 

The competitive landscape of essential players in the market and their recent advances in the Flexible paper packaging Market is also included in the report. The study examines company size, market share, market growth, revenue, production volume, and profitability of the Flexible paper packaging Market's major players.

 

This report aims to provide a comprehensive analysis of the Flexible paper packaging Market and highlight the significant trends and growth opportunities. The report offers Porter's Five Force Model for analysis of the Flexible paper packaging Market, which helps design the business strategies in the market.

 

The study aids in determining the number of rivals, who they are, and the performance of the products in the industry. The analysis also examines whether the Flexible paper packaging Market is open to new entrants, whether they enter and exit the market regularly, and whether a few players dominate it.

 

The report also includes PESTEL Analysis, which aids in developing company strategies. Numerous elements affect growth and profitability. A PESTEL study can assist in determining the significance and strength of these elements. It helps firms decide which characteristics are beneficial and which are not. PESTEL is a word that stands for Political, Economic, Socio-cultural, Technological, Environmental, and Legal. These variables take on added significance for organizations functioning in a global setting.

 

Flexible paper packaging Market Scope:

Flexible Paper Packaging Market 

Market Size in 2023

USD 51.46 Bn.

Market Size in 2030

USD 68.18 Bn.

CAGR (2024-2030)

4.1 Percent

Historic Data

2018-2022

Base Year

2023

Forecast Period

2024-2030

Segment Scope

By Type            

  • Pouches
  • Rollstock
  • Shrink Sleeves
  • Wraps
  • Others

By Technology

  • Rotogravure
  • Flexography
  • Digital Printing
  • Others

 

By Application

  • Food
  • Spirits
  • Other beverages
  • Healthcare
  • Beauty and personal care
  • Others

Regional Scope

 

North America- United States, Canada, and Mexico

Europe – UK, France, Germany, Italy, Spain, Sweden, Austria, and Rest of Europe

Asia Pacific – China, India, Japan, South Korea, Australia, ASEAN, Rest of APAC

Middle East and Africa - South Africa, GCC, Egypt, Nigeria, Rest of the Middle East and Africa

South America – Brazil, Argentina, Rest of South America

 

Flexible paper packaging Market: Key players and their Insights:

The Flexible paper packaging Market has become competitive, with various players in the industry having adopted product launches and business expansion as their development strategies to expand their market share, increase profitability, and remain stable in the market.

To grow their product range and acquire a competitive edge in the industry, key players in the market are employing various business tactics such as business growth.

 

To strengthen their market position, significant organizations in the industry are pursuing various business strategies such as mergers and acquisitions.  Some of the most prominent and loved players in the Flexible paper packaging Market from all over the world are:

  • Mondi Group (United Kingdom)
  • Gordon Paper Company, Inc. (United States)
  • Canadian Kraft Paper Ltd., a.s. (United States)
  • McNairn Packaging (United States)
  • Nordic Paper AS (Sweden)
  • PG Paper Company (United States)
  • Pudumjee Paper Products Ltd. (India)
  • Sappi Limited (South Africa)
  • Stora Enso Oyj. (Finland)
  • DS Smith PLC (United Kingdom)
  • Nippon Paper Industries Co Ltd (Japan)
  • BillerudKorsnas AB (Sweden)
  • Gulf Paper Manufacturing Company (Kuwait)
  • Smurfit Kappa Group PLC (Ireland)
  • Emami Paper Mills Ltd. (India)
  • WestRock Company (United States)
  • Rengo Co Ltd. (Japan)
  • JK PAPER Ltd (India)


Frequently Asked Questions

The Flexible paper packaging market is estimated to reach an estimated value of US$ 68.18 Billion in 2030..

  1. Scope of the Report
  2. Research Methodology
    • Research Process
    • Global Flexible paper packaging Market: Target Audience
    • Global Flexible paper packaging Market: Primary Research (As per Client Requirement)
    • Global Flexible paper packaging Market: Secondary Research
  3. Executive Summary
  4. Competitive Landscape
    • Market Share Analysis by Region in 2023 (%)
      • North America
      • Europe
      • Asia Pacific
      • Middle East and Africa
      • South America
    • Stellar Competition matrix
      • Global Stellar Competition Matrix
      • North America Stellar Competition Matrix
      • Europe Stellar Competition Matrix
      • Asia Pacific Stellar Competition Matrix
      • South America Stellar Competition Matrix
      • Middle East and Africa Stellar Competition Matrix
    • Key Players Benchmarking: by Product, Pricing, Investments, Expansion Plans, Physical Presence, and Presence in the Market.
    • Mergers and Acquisitions in Industry: M&A by Region, Value, and Strategic Intent
    • Market Dynamics
      • Market Drivers
      • Market Restraints
      • Market Opportunities
      • Market Challenges
      • PESTLE Analysis
      • PORTERS Five Force Analysis
      • Value Chain Analysis
  5. Global Flexible paper packaging Market Segmentation
    • Global Flexible paper packaging Market, by Type (2023-2030)
      • Pouches
      • Rollstock
      • Shrink Sleeves
      • Wraps
      • Others
    • Global Flexible paper packaging Market, by Technology (2023-2030)
      • Rotogravure
      • Flexography
      • Digital Printing
      • Others
    • Global Flexible paper packaging Market, by Application (2023-2030)
      • Food
      • Spirits
      • Other beverages
      • Healthcare
      • Beauty and personal care
      • Others
    • Global Flexible paper packaging Market, by Region (2023-2030)
      • North America
      • Europe
      • Asia-Pacific
      • South America
      • Middle East & Africa
  6. North America Flexible paper packaging Market Segmentation
    • North America Flexible paper packaging Market, by Type (2023-2030)
      • Pouches
      • Rollstock
      • Shrink Sleeves
      • Wraps
      • Others
    • North America Flexible paper packaging Market, by Technology (2023-2030)
      • Rotogravure
      • Flexography
      • Digital Printing
      • Others
    • North America Flexible paper packaging Market, by Application (2023-2030)
      • Food
      • Spirits
      • Other beverages
      • Healthcare
      • Beauty and personal care
      • Others
    • North America Flexible paper packaging Market, by Region (2023-2030)
      • United States
      • Canada
      • Mexico
  7. Europe Flexible paper packaging Market Segmentation
    • Europe Flexible paper packaging Market, by Type (2023-2030)
    • Europe Flexible paper packaging Market, by Technology (2023-2030)
    • Europe Flexible paper packaging Market, by Application (2023-2030)
    • Europe Flexible paper packaging Market, by Region (2023-2030)
  8. Asia Pacific Flexible paper packaging Market Segmentation
    • Asia Pacific Flexible paper packaging Market, by Type (2023-2030)
    • Asia Pacific Flexible paper packaging Market, by Technology (2023-2030)
    • Asia Pacific Flexible paper packaging Market, by Application (2023-2030)
    • Asia Pacific Flexible paper packaging Market, by Region (2023-2030)
  9. Middle East and Africa Flexible paper packaging Market Segmentation
    • Middle East and Africa Flexible paper packaging Market, by Type (2023-2030)
    • Middle East and Africa Flexible paper packaging Market, by Technology (2023-2030)
    • Middle East and Africa Flexible paper packaging Market, by Application (2023-2030)
    • Middle East and Africa Flexible paper packaging Market, by Region (2023-2030)
  10. South America Flexible paper packaging Market Segmentation
    • South America Flexible paper packaging Market, by Type (2023-2030)
    • South America Flexible paper packaging Market, by Technology (2023-2030)
    • South America Flexible paper packaging Market, by Application (2023-2030)
    • South America Flexible paper packaging Market, by Region (2023-2030)
  11. Company Profiles
    • Key Players
      • JK Paper LTD. (India)
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Business Strategy
        • Key Developments
      • International Paper Company (United States)
      • Mondi Group (United Kingdom)
      • Gordon Paper Company, Inc. (United States)
      • Canadian Kraft Paper Ltd., a.s. (United States)
      • McNairn Packaging (United States)
      • Nordic Paper AS (Sweden)
      • PG Paper Company (United States)
      • Pudumjee Paper Products Ltd. (India)
      • Sappi Limited (South Africa)
      • Stora Enso Oyj. (Finland)
      • DS Smith PLC (United Kingdom)
      • Nippon Paper Industries Co Ltd (Japan)
      • BillerudKorsnas AB (Sweden)
      • Gulf Paper Manufacturing Company (Kuwait)
      • Smurfit Kappa Group PLC (Ireland)
      • Emami Paper Mills Ltd. (India)
      • WestRock Company (United States)
      • Rengo Co Ltd. (Japan)
  12. Key Findings
  13. Recommendations

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