Flexible Packaging Paper Market Introduction
Flexible packaging materials are becoming the next big thing in the packaging industry with an increasing demand for flexible packaging paper in major sectors such as food & beverages and pharmaceuticals. With ongoing technological advancements, flexible packaging paper can get better and more environment-friendly. In the future, it can only get better, bigger, and eco-friendly. Consumers across the globe are becoming health cautious and prefer packaging product made of food grade quality. Flexible packaging paper products meet the food grade quality standard and help food producers to maintain food freshness and properties. Further, benefits such as reusability and recyclability offered by flexible packaging paper make it preferred choice for end-user companies. Such factors are expected to present positive industry outlook for players operating in global flexible packaging paper industry.
Major players in the flexible packaging paper market are emphasizing on introducing recyclable and eco-friendly flexible paper packaging products, this, in turn, is driving the growth of the market worldwide. For instance, Sappi Limited introduced a range of flexible packaging products made of coated and uncoated papers to enhance its product portfolio. Flexible packaging products are cost-effective, lightweight and durable which is increasing the uptake of such packaging solutions across various end-user verticals. This is projected to boost the growth of the global flexible packaging market over the forecast period. Further, the durability offered by flexible paper allows end-user companies to print high-quality custom designs and attract customer attention. Additionally, the introduction of strict government regulations imposing the ban on the use of plastic is anticipated to fuel flexible packaging paper market growth. However, the availability of low-priced packaging alternatives in developing and underdeveloped countries is limiting the expansion of the global flexible packaging paper market size to a certain extent.
The global flexible packaging paper market report analyses major segmented such as packaging material type, packaging type, distribution channel, end users, and region. By packaging material, the flexible packaging paper market has been bifurcated into coated unbleached kraft paperboard (CUK), waxed paper, solid bleached sulfate (SBS), and coated recycled paper (CRP). Based on packaging type, the flexible packaging paper market is bifurcated into pouches, wraps, bags, cartons, lids, and others. The distribution channel segment is divided into offline and online channels. The global flexible packaging paper market has been classified based on end users into food, beverages, pharmaceuticals, personal care, consumer electronics, agriculture, and other end user industries. Major regions covered in the global flexible packaging paper market are North America, Latin America, Asia-Pacific, Eastern Europe, Middle East & Africa, and Western Europe.
Flexible Packaging Paper Market Competitive Landscape
Prominent players covered in the global flexible packaging paper industry are Sappi Limited, Mondi Group Plc, Smurfit Kappa Group plc, DS Smith Packaging Limited, WestRock Company, Nippon Paper Industries Co., Ltd., KapStone Paper, Oji Holdings Corporation, Stora Enso Oyj, Georgia-Pacific LLC, BillerudKorsnäs AB, Packaging Corporation of America, International Paper Company, Pratt Industries, Inc., and Packaging Corp. These players are focused towards entering into partnership with other major players to develop innovative packaging solutions to end users.
Major Regions/Countries include:
- Western Europe
- United Kingdom
- Rest of Western Europe
- Eastern Europe
- Rest of Eastern Europe
- Asia Pacific (APAC)
- Rest of Asia-Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa (MEA)
- North Africa
- South Africa
- Rest of MEA
This research report on Flexible Packaging Paper Market would be produced using first-hand market information gathered from industry experts and major participants across the value chain, during primary research. It would provide broad view of current market trends, growth factors and competitive analysis.