The micro flute paper market will grow at a 5.1% CAGR (value) by 2030. The report is attributing the growth of the market to the growing demand for shelf-ready packaging (SRP) in retail stores, hypermarkets, and other sales and distribution outlets. Similarly, with the advanced physical properties of microflute paper , this study identified a growing preference for lightweight and robust packaging solutions as an important growth driver.
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FMI의 보고서에는 DS Smith Plc, Smurfit Kappa Group Plc, Novolex Holdings, Inc, Acme Corrugated Box Co. Inc, Cascades Sonoco, Inc, Stora Enso Oyj, WestRock Company, Mayr- Melnhof Packaging, KRPA Holding CZ, as 및 Braepac Packaging 등이 있습니다.
Analysts at FMI also argue that increasing regulations on the use of plastic packaging solutions are driving market participants to biodegradable packaging solutions, thus driving adoption of microflute paper due to its minimal carbon composition.
COVID-19 Impact
The outbreak of COVID-19 has created uncertainty in the global packaging industry, and microflute paper is no different. Due to reliance on the F&B and personal care sectors, demand for microflute paper is likely to experience a decline during the pandemic as the aforementioned sectors cease to operate.
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Microflute Paper Market Segmentation
Product Type:
- and flute
- F flute
- N flute
- D flute
material:
- recycle
- male virgin
Base Weight:
- Up to 100GSM
- 100 ~ 175 GSM
- 175 ~ 250 GSM
- 250GSM or higher
End use:
- Food&Bev
- medical and pharmaceutical
- personal care
- CDEG
- Etc
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Main Content
- E flute paper will remain the most popular variant due to its high strength, accounting for more than 50% of the global market value.
- The 175 – 250 GSM segment accounts for more than three-fifths of the overall market value.
- Recycled materials will remain the most popular type, accounting for more than four-fifths of the market value.
- Depending on the end use, microflute paper finds most applications in the food and beverage industry.
- Europe is expected to remain at the forefront of the regional environment, accounting for nearly 30% of the market value.
About FMI
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services serving clients in more than 150 countries. FMI is headquartered in Dubai, the global financial capital, with shipping centers in the United States and India. FMI’s latest market research reports and industry analyzes help companies navigate issues and make important decisions with confidence and clarity in the face of fierce competition. Customized and syndicated market research reports provide actionable insights that drive sustainable growth. FMI’s team of expert-led analysts constantly track new trends and events across a wide range of industries to prepare customers for the evolving needs of consumers.
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