Global Flexible Packaging Paper Market, By Paper Type (Kraft Paper, Parchment Paper, Greaseproof Paper, Sulfite Paper, Glassine Paper), Product Type (Bags and Sacks, Pouches, Envelopes, Wraps, Sachets), Printing Technology (Rotogravure, Flexography, Digital Printing), Embellishing type (Hot Coil, Cold Coil), End-user (Food, Pharmaceuticals, Consumer Goods, Agriculture, Personal Care and Cosmetics, Others) – Industry Trends and Forecast to 2029
Market Analysis and Size
The growth of flexible packaging market due to the increased adoption of aluminum foils, blister plastic films and pouches in the pharmaceutical industry. The extensive adoption of, replacing the glass and rigid plastics, blister material has resulted in the large use of paper and plastic films. Lidding films are broadly used in blister packs, followed by aluminum foil due to their cost-efficiency. The US pharmaceutical packaging market is the most important revenue contributor in the market. North America is anticipated to have around 40-45% of the global pharmaceutical market and contribute to approx. 45% to the global market growth during the forecast.
Data Bridge Market Research analyses that the flexible packaging paper market was valued at USD 190.63 billion in 2021 and is expected to reach USD 272.55 billion by 2029, registering a CAGR of 4.57% during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.
Market Definition
Flexible packaging is the packaging products, which has more customizable and economical. It is a comparatively new method in the packaging market and is popular due to its cost-effective and highly efficient nature. This packaging method uses a large number of flexible materials plastic and paper, including foil, to create pouches, bags, and other flexible product containers. Flexible packages are mainly useful in industries that require versatile packaging, such as personal care, food and beverage, and pharmaceutical industries.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Paper Type (Kraft Paper, Parchment Paper, Greaseproof Paper, Sulfite Paper, Glassine Paper), Product Type (Bags & Sacks, Pouches, Envelopes, Wraps, Sachets), Printing Technology (Rotogravure, Flexography, Digital Printing), embellishing type (Hot Coil, Cold Coil),End-user (Food, Pharmaceuticals, Consumer Goods, Agriculture, Personal Care & Cosmetics, and Others)
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Countries Covered
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U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa
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Market Players Covered
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Amcor plc (Switzerland), Mondi (UK), Sonoco Products Company (US), Sealed Air (US), Huhtamaki OYJ (Finland), Sappi(South Africa), DS Smith (UK), Coveris (UK), Sabert (US), Wihuri (Finland), International Paper(US),KRPA Holding (US), Nordic Paper(Sweden), McNairn Packaging (US), PG Paper Company (UK), Pudumjee Paper (India), Stora Enso (Finland), NIPPON PAPER INDUSTRIES CO., LTD.(Japan), BillerudKorsnäs (Sweden), Gulf Paper Manufacturing Company(UAE), Smurfit Kappa (Ireland), Emami Paper Mills Ltd (India), Rengo Co., Ltd (Japan), WestRock Company (US) and JK Paper (India)
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Market Opportunities
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Flexible Packaging Paper Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- Increasing demand for e-commerce industry
The growth of flexible packaging paper market is very fast which is witnessed by e-commerce and online shopping in recent years. Products and aids from one part of the world are transported to the other part of the world with safe packaging solutions.
- Growing demand for fast food chains
Rising demand for flexible packaging solutions is due to International food chains contributing to growth with the help of wraps, pouches and bags to facilitate their business in more significant untapped regions of the globe. It has a positive impact on the global development of the flexible packaging paper market.
- Rising popularity of sustainable packaging solutions
Rising awareness about the harmful effect on the environment when several pollutant materials for packaging purposes are used is also the reason of growth of this market. Educated consumers are looking for eco-friendly and ecological material for packaging. Recyclable and biodegradable packaging papers are attracting consumers across the world
- Cost-effectiveness and increased product shelf life
Flexible packaging needs some resources and energy; hence, flexible packs are available at low costs and occupy, rendering them cost-effective and 35% less retail shelf space than other forms of packaging. Flexible paper packaging uses less energy in manufacturing, less natural resources and creates smaller amount of greenhouse gas emissions. Flexible paper packaging increases product shelf life and decreases product waste.
Opportunities
- Branding opportunities to boost the demand
Instead of being confined to the size of a label, flexible paper packaging enables for high-impact graphics and high-quality branding, allowing a business to do 360-degree branding. More, a printing partner that specializes in digitally printed flexible packaging can help achieve images, precise, photo-quality and graphics. A manufacturer can achieve all regulation-required information and have sufficient space for benefits, product features, and eye-catching graphics with flexible paper packaging.
- Increasing adoption of machine-friendly packaging solutions
Producers of cosmetics and personal care products, food and beverages and pharmaceutical goods are concentrating on automation of packaging functions for offerings and products. Demand for packaging solutions generating due to automatic packaging machines, which increase the demand for flexible packaging among key global end users.
- Penetration in largely untapped and emerging economies
Emerging economies for example, India and China have been observing the rapid growth in the food retail industry with the adoption of the on-the-go food consumption trend.
Restraints/ Challenges
Paper is better biodegradable option than plastic and it can be easily recycled. However, it frequently winds up in landfills, where its rate of deterioration slows and it takes up more space than the equivalent weight of plastic. Additionally, paper-based flexible packaging is often laminated with materials such as coated with resin, plastic or aluminum, making paper-based flexible packaging non-recyclable. Multi-layer packaging with different combination of layers for example paper-plastic-metal obstruct the market's growth rate.
This flexible packaging paper market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the flexible packaging paper market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Flexible Packaging Paper Market
The COVID-19 outbreak adversely affected several industries such as beverages, pharmaceuticals, and food. Especially, the transportation and supply of the materials were more impacted due to lockdown. Food outlets and Restaurants were closed that reflected the growth of the market. Many industrial units were forced to close due to the unavailability of lack of funds, labors, and raw materials. It is attributed that the flexible packaging market revenue will grow after the pandemic situation.
Recent Development
- In 2020, Smurfit Kappa launched a new product called "Bag-in-Box" that offers the best solution for this product keeping drinks fresh for above 24 months. The products also remain fresh up to 8 weeks even after opening the product.
Global Flexible Packaging Paper Market Scope
The flexible packaging paper market is segmented on the basis of paper, products, printing technology, embellishing and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Paper Type
- Kraft Paper
- Parchment Paper
- Greaseproof Paper
- Sulfite Paper
- Glassine Paper
Product Type
- Bags and Sacks
- Pouches
- Envelopes
- Wraps
- Sachets
Printing Technology
- Rotogravure
- Flexography
- Digital Printing
Embellishing type
- Hot Coil
- Cold Coil
End-user
- Food
- Pharmaceuticals
- Consumer Goods
- Agriculture
- Personal Care and Cosmetics
- Others
Flexible Packaging Paper Market Regional Analysis/Insights
The flexible packaging paper market is analysed and market size insights and trends are provided by country, products, usage, capacity, size, sealing and handle, shape, distribution channel and end-user as referenced above.
The countries covered in the flexible packaging paper market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa.
Asia-Pacific dominates the flexible packaging paper market in terms of market share and revenue and will continue to show its dominance during the forecast period. This is due to the rising demand for Flexible Packaging Paper in this region.
The Asia-Pacific region dominates the flexible packaging paper market, with China leading the way in terms of low-cost labor, rising disposable income, easy availability of raw material, and better flexible packaging paper production facilities. Due of the ease of easy availability of raw material and rising disposable income of flexible packaging paper, China is leading the Asia-Pacific market.
During the projected period, North America is expected to be the fastest developing region due to the supportive policies and rules and regulation by government increase the demand of flexible packaging paper in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Flexible Packaging Paper Market Share Analysis
The flexible packaging paper market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to flexible packaging paper market.
Some of the major players operating in the flexible packaging paper market are:
- Amcor plc (Switzerland)
- Mondi (UK)
- Sonoco Products Company (US)
- Sealed Air (US)
- Huhtamaki OYJ (Finland)
- Sappi (South Africa)
- DS Smith (UK)
- Coveris (UK)
- Sabert (US)
- Wihuri (Finland)
- International Paper (US)
- KRPA Holding (US)
- Nordic Paper (Sweden)
- McNairn Packaging (US)
- PG Paper Company (UK)
- Pudumjee Paper (India)
- Stora Enso (Finland)
- NIPPON PAPER INDUSTRIES CO., LTD.(Japan)
- BillerudKorsnäs (Sweden)
- Gulf Paper Manufacturing Company (UAE)
- Smurfit Kappa (Ireland)
- Emami Paper Mills Ltd (India)
- Rengo Co., Ltd (Japan)
- WestRock Company (US)
- JK Paper (India)
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