The flexible packaging paper market is anticipated to expand at a CAGR of 4% from 2022 to 2032.
“Paper film packaging has emerged as an environmentally beneficial substitute for plastic packaging and is here to stay” for goods produced by manufacturing businesses as well as home items. Flexible packaging paper is primarily used to package a variety of foods, including sweets, snacks, coffee, sugar, and others. The market for flexible packaging paper has also benefited from increased concerns over the disposal of plastic trash.
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Due to recent technical advancements, flexible food packaging has witnessed a substantial increase in innovation. Flexible packaging paper is one such type of flexible packaging, and demand for it has increased. Moreover, flexible packaging paper can be utilised for a variety of products other than food, such as consumer goods, pharmaceuticals, personal care & cosmetics, and more.
Flexible packaging made of paper requires less material than plastic because of its lighter weight. Flexible packaging paper options offer the best strength, stiffness, and sealing capabilities while also assisting in keeping food goods clean.
The market for flexible packaging paper is anticipated to expand significantly as customers increasingly choose eco-friendly packaging options. Due to its qualities including lightness, affordability, and durability, flexible packaging paper is frequently chosen.
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Key Players:
- Sappi Limited
- Smurfit Kappa Group plc
- Mondi Group Plc
- International Paper Company
- DS Smith Packaging Limited
- WestRock Company
- Nippon Paper Industries Co., Ltd.
- Oji Holdings Corporation
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Key Segments
By Material Type
- Coated Unbleached Kraft Paperboard
- Solid Bleached Sulfate
- Coated Recycled Paper
- Waxed Paper
By Packaging Type
- Wraps
- Cartons
- Bags & Sacks
- Envelops
- Lids
- Pouch
- Sachet
- Others
By Distribution Channel
- Retail
- eCommerce
By End Use
- Food & Beverages
- Personal care & cosmetics
- Pharmaceutical
- Consumer goods
- Agriculture
- Electrical & Electronics
- Others
By Region
- North America
- Latin America
- Asia Pacific
- Japan
- Western Europe
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