As per the comprehensive analysis conducted by ESOMAR-certified consulting firm, FMI, the global Flexible Packaging Paper market is expected to grow at a healthy CAGR during the forecast period (2022-2032). The objective of the study is to analyze key market dynamics and uncover critical trends & opportunities that will elevate the sales Flexible Packaging Paper in the coming 10-years.

The report conducts in-depth analysis into factors causing the change in consumer behavior and purchasing patterns. It also provides refined sales projections to assist market players in identifying remunerative segments.

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Advent of Sustainable and Intelligent Packaging Solution Skyrocketing the Demand for Flexible Packaging Paper

With rising environmental concerns and implementation of stringent regulations regarding the use of plastic across the U.S., China, India, the U.K., Germany, and others, a substantial rise in the adoption of sustainable packaging solutions is experienced across various end use industries.   

In accordance to this, numerous packaging companies are shifting their focusing of manufacturing sustainable packaging using 100% recycled plastics, biodegradable plastics, and plastic alternatives such as paper. Hence, introduction of novel sustainable packaging solutions is expected to create lucrative demand opportunities in the market.

Also, emergence of intelligent packaging with the integration of artificial intelligence (AI), internet of things (IoT), and data science have improved the demand for Flexible Packaging Paper market. Hence, key players are incorporating novel technologies such as AI and IoT to increase their revenues, propelling the sales.

Key Flexible Packaging Paper Market Takeaways and Projections

  • The U.S. is expected to lead the North America Flexible Packaging Paper market, projecting the fastest growth in the region between 2022 and 2032
  • Germany and the U.K. are expected to, collectively, hold the largest share in the Europe market over the assessment period.
  • China will dominate the East Asia market, accounting for the largest demand share during the forecast period.
  • India is expected to emerge as a highly remunerative market in South Asia, contributing the significant revenue share in the region through 2032.

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How is the Flexible Packaging Paper Market Classified Based on Region?

“In Asia, China and India have seen a shift in demand from plastic to paper, owing to strict norms for usage of plastic.”

In North America, the U.S. market is expected to dominate the global flexible packaging paper market during the forecast period. In Asia Pacific, China and India are expected to witness significant growth for the flexible packaging paper market.

Moreover, Europe being a mature market, is expected to witness sluggish growth for flexible packaging paper market during the forecast period.

Examples of some of the key players operating in the global flexible packaging paper market are 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, Stora Enso Oyj, Georgia-Pacific LLC, BillerudKorsnäs AB, Packaging Corporation of America, Pratt Industries, Inc., KapStone Paper and Packaging Corp, etc.

In September 2018, Mondi Group Plc patented natural brown flexible packaging paper for food applications. In December 2016, Sappi Limited developed new range of flexible packaging paper made from coated and uncoated paper for several end-use applications. On the other hand, the plastic flexible packaging have better tensile strength as compared to flexible packaging paper, which is a factor expected to hamper the growth of the market.

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