Flexible Paper Packaging Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033

The Business Research Company's Flexible Paper Packaging Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033

LONDON, GREATER LONDON, UNITED KINGDOM, October 8, 2024 /EINPresswire.com/ -- The flexible paper packaging market has experienced robust growth in recent years, expanding from $63.28 billion in 2023 to $66.91 billion in 2024 at a compound annual growth rate (CAGR) of 5.7%. The growth in the historic period can be attributed to sustainability trends, consumer preference for convenience, regulatory shifts toward eco-friendly solutions, preference for lightweight packaging, urbanization and changing lifestyles, reduced carbon footprint, recyclability and circular economy.

What Is The Estimated Market Size Of The Global Flexible Paper Packaging Market And Its Annual Growth Rate?
The flexible paper packaging global market is projected to continue its strong growth, reaching to $82.83 billion in 2028 at a compound annual growth rate (CAGR) of 5.5%. The growth in the forecast period can be attributed to innovations in material science, e-commerce expansion, increased demand in emerging markets, packaging waste reduction initiatives, consumer education initiatives, supply chain resilience requirements. Major trends in the forecast period include circular economy initiatives, innovations in barrier coatings, focus on convenience and portability, reduced packaging waste, evolving design trends, technological advancements in printing, collaborations and partnerships.

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Growth Driver Of The Flexible Paper Packaging Market
The increase in demand for processed food is expected to propel the growth of the market going forward. Processed food refers to a food product that has undergone a number of mechanical or chemical processes in order to alter or preserve it. Processed foods frequently come in boxes or bags and have multiple ingredients listed. To preserve processed food products that are in high demand, flexible paper packaging is used to enclose them and protect them from tampering or contamination from physical, chemical, and biological sources.

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Which Market Players Are Driving The Flexible Paper Packaging Market Growth?
Key players in the flexible paper packaging market include Amcor Limited, Mondi plc, Sonoco Products Company, Sealed Air Corporation, Huhtamaki Oyj, Sappi Limited, DS Smith plc, Coveris Holding SA, Sabert Corporation, Wihuri International Oyj, International Paper Company, Nippon Paper Industries Co. Ltd., WestRock Company, Georgia-Pacific LLC, KapStone Paper and Packaging Corp., Ahlstrom-Munksjö Oyj, Aluflexpack AG, Ardagh Group S.A, Ball Corporation, Berry Global Inc., Constantia Flexibles Group GmbH, Crown Holdings Inc., Graphic Packaging International Corporation, Silgan Holdings Inc., Smurfit Kappa Group Plc, Stora Enso Oyj, Transcontinental Inc., Accredo Packaging Inc., American Packaging Corporation, Ampac Holdings LLC, Bemis Company Inc., Bischof + Klein SE & Co. KG, Flex Films Inc., Flexopack SA, Glenroy Inc., Innovia Films Ltd., Interflex Group Inc., Jindal Films Americas LLC, Kloeckner Pentaplast India Pvt. Ltd., LPS Industries LLC.

What Are The Emerging Trends Shaping The Flexible Paper Packaging Market Size?
Product innovations are a key trend gaining popularity in the flexible paper packaging market. Major companies operating in the market are focused on launching new products with innovative technologies to sustain their position in the market.

How Is The Global Flexible Paper Packaging Market Segmented?
1) By Packaging Type: Pouches, Rollstock, Shrink Sleeves, Wraps, Other Packaging Types
2) By Printing Technology: Rotogravure, Flexography, Digital Printing, Other Printing Technologies
3) By Application: Food, Spirits, Other Beverages, Healthcare, Beauty and Personal Care, Other Applications

Geographical Insights: North America Leading The Flexible Paper Packaging Market
North America was the largest region in the flexible paper packaging market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the flexible paper packaging global market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Flexible Paper Packaging Market Definition
Flexible paper packaging refers to packaging products by the use of non-rigid paper materials, which allow for more affordable and individualized alternatives. These are used for the delivery and preservation of pharmaceuticals, food, beverages, and non-food items. It is a relatively recent packaging technique that has gained popularity because of its high effectiveness and low cost.

Flexible Paper Packaging Global Market Report 2024 from The Business Research Company covers the following information:
•Market size data for the forecast period: Historical and Future
•Macroeconomic factors affecting the market in the short and long run
•Analysis of the macro and micro economic factors that have affected the market in the past five years
•Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
•Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

An overview of the global flexible paper packaging market report covering trends, opportunities, strategies, and more
The Flexible Paper Packaging Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on flexible paper packaging market size, flexible paper packaging market drivers and trends, flexible paper packaging market major players, flexible paper packaging competitors' revenues, flexible paper packaging market positioning, and flexible paper packaging market growth across geographies. The flexible paper packaging global market report helps you gain in-depth insights into opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.

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