Home Press Releases Flexible Paper Packaging Market Size Worth $92.78 Billion by 2030 | CAGR: 4.2%

Flexible Paper Packaging Market Size Worth $92.78 Billion by 2030 | CAGR: 4.2%

The global flexible paper packaging market size is expected to reach USD 92.78 billion by 2030 according to a new study by Polaris Market Research. The report “Flexible Paper Packaging Market Share, Size, Trends, Industry Analysis Report, By Packaging Type (Pouches, Rollstock, Shrink Sleeves, Wraps, Others), By Printing Technology, By Embellishing Type, By Application; By Region; Segment Forecast, 2022 – 2030” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

The growing demand for environment-friendly and sustainable packing solutions, coupled with a rising inclination toward packed food, are the significant factors that propel the market growth across the globe. Flexible paper packing is gaining massive traction among various end-use industries. It is cost-efficient and lightweight, and this packaging solution consumes less material than other forms of packaging.

 

Moreover, increasing disposable income, rising adoption of sustainable solutions, and growth of the industries such as pharmaceuticals, food & beverages, personal care, etc., are further factors presenting lucrative prospects for market growth in the upcoming years.

 

The inks adopted in flexography are low viscosity that facilitates print to dry hastily and increases the printing process, thus cutting down the high cost of production and competently raising output. Therefore, these properties of the flexography printing technology are leading the flexography segment growth.

 

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The increasing popularity of sustainable packing solutions is one of the primary factors fueling the market demand. The rising awareness regarding the harmful impact of plastic packaging on the environment is surging the adoption of sustainable and environment-friendly materials for packaging.

 

The recyclable and biodegradable packing papers are gaining massive traction among consumers. Consequentially, manufacturers of flexible paper packing are boosting their production capacity to meet the growing need of numerous end-use industries such as food & beverages, healthcare, beauty & personal care, etc. Hence, these factors are likely to accelerate the demand for flexible paper packing, which, in turn, drives market growth.

 

Market participants such as Mondi Group, Sealed Air Corporation, Sonoco Products Company, Amcor Limited, Sappi Global, DS Smith, Huhtamaki OYJ, Coveris Holding SA, Wihuri, and Sabert are some of the key players operating in the global market. For instance, in January 2021, Amcor PLC- a global packaging company, introduced its novel platform for paper packing products. The objective of launching this new platform is to introduce a consumer-centric and adaptable approach to meet consumer demand.

 

Polaris Market Research has segmented the flexible paper packaging market report on the basis of packaging type, printing technology, embellishing type, application, and region:

 

Flexible Paper Packaging, Packaging Type Outlook (Revenue – USD Million, 2018 – 2030)

  • Pouches
  • Rollstock
  • Shrink Sleeves
  • Wraps
  • Others

Flexible Paper Packaging, Printing Technology Outlook (Revenue – USD Million, 2018 – 2030)

  • Rotogravure
  • Flexography
  • Digital Printing
  • Others

Flexible Paper Packaging, Embellishing Type Outlook (Revenue – USD Million, 2018 – 2030)

  • Hot Coil
  • Cold Coil
  • Others

Flexible Paper Packaging, Application Outlook (Revenue – USD Million, 2018 – 2030)

  • Food
  • Spirits
  • Beverages
  • Healthcare
  • Beauty & Personal Care
  • Others

Flexible Paper Packaging, Regional Outlook (Revenue – USD Million, 2018 – 2030)

  • North America
    • U.S.
    • Canada
  • Europe
    • France
    • Germany
    • UK
    • Italy
    • Netherlands
    • Russia
    • Spain
  • Asia Pacific
    • China
    • India
    • Japan
    • Malaysia
    • South Korea
    • Indonesia
  • Latin America
    • Mexico
    • Brazil
    • Argentina
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Israel
    • South Africa

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