Enjoy complimentary customisation on priority with our Enterprise License!
Rising demand from the confectionary industry is propelling the market demand for flexible packaging paper. Technavio’s market research analysts predict the global flexible paper packaging market to grow at a CAGR of over 5% from 2015 to 2019.
The global flexible paper packaging market will grow steadily over the forecast period due to increased demand for flexible packaging from various end-user industries such as food and beverage, pharmaceuticals, and electronics. Flexible paper products are increasingly preferred as they can be easily recycled. However, the threat from other substitute packaging materials, such as plastic, acts as a major growth barrier.
In 2014, the uncoated kraft paper segment accounted for a larger share of this market due to the development of innovative products. For instance, Mondi launched products such as Aqua liners and kraft top liners in the uncoated kraft paper segment. These products offer water-resistance and sustainability properties.
With changes in demographic factors such as an increase in single-person households and rise in working population, the demand for convenience food and packaged food is growing. This is resulting in the steady growth of this market. In 2014, the flexible paper packaging segment held the highest share of the global food packaging market.
This Americas market will grow moderately during the forecast period because of increased demand for small packs or single-serving packaging. The growing demand for boxboard and containerboard in the food industry will drive the growth of this market. The US will continue to be an important revenue contributor on account of increasing concerns about sustainability among consumers and growing infrastructure of contract packagers.
Other prominent vendors in this market include Accord Carton, Advance Paper Box, All Packaging,Archis Packaging (India), Arkay Packaging, Artistic Carton, Bates Container, Bert-Co Industries, Bio Pappel, Buckeye Corrugated, Caraustar, Carter Holt Harvey, Cascades Boxboard Group, Clarasion Enterprises, Climax Manufacturing, Colbert Packaging, Curtis Packaging, Diamond Packaging, Dixie Printing & Packaging, DS Smith, Dunapack Packaging, Emin Leydier, Europac Group’s Packaging Division, Evergreen Packaging, F.M. Howell, Frankston Packaging, Great Little Box, Green Bay Packaging, Green Printing & Packaging, House of Packaging, Imperial Packaging Corporation Indiana Carton, Induspac, Innovative Systems Group, Interstate Resources, Jainsons Packers, KapStone, Keller-Crescent, Keystone Paper, Longview Fibre Paper and Packaging, M. Ismail, MeadWestvaco, MOD-PAC, Manesha, Mondi Group, and Nampak.
Technavio also offers customization on reports based on specific client requirement.
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
Certified ISO 9001 : 2015
We are ISO 9001:2015 recognized that ensures quality services and product delivery to our clients.
We are GDPR and CCPA compliant! Your transaction & personal information is protected from unauthorized use.
Get lifetime access to our
Technavio Insights
Customized Report as per your Business Needs
Let us help you make report more suited to your requirements.
Get the report (PDF) sent to your email within minutes.
