Flexible Paper Market Poised for Growth, Projected to Reach USD 111.1 Billion by 2032 | Report by SNS Insider

Flexible Paper Market Grows as Demand for Sustainable Packaging, Digital Printing, and Eco-Friendly Solutions Reshapes Industry Trends.

AUSTIN, TX, UNITED STATES, February 4, 2025 /EINPresswire.com/ -- The Flexible Paper Market size was valued at USD 73 Billion in 2023 and is projected to reach USD 111.1 Billion by 2032, growing at a CAGR of 4.8% over the forecast period 2024-2032.

One of the main factors fueling the flexible paper market is the growing trend of adopting sustainable packaging options worldwide.

The growing concerns over environment and regulatory limitations imposed on plastic packaging is anticipated to propel industries such as food & beverage, personal care and pharmaceuticals to switch to flexible paper-based packaging solutions to minimize carbon footprints and bolster sustainability.

Furthermore, the increasing adoption of e-commerce and online food delivery services has boosted the growth of the flexible paper packaging market. In midst of changing consumer mindsets toward sustainability and efforts of various government for sustainability, brands are investing heavily on creating sustainable packaging options for themselves.

In addition, development of coating technologies has also improved the durability, barrier properties, and printability of flexible paper packaging. In addition, the innovation of bio-based coatings and recyclable laminates is also enhancing the market as flexible paper is increasingly being preferred in several end-use industries.

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Key Players: 

• Mondi Group (Kraft paper, Barrier paper)
• Sealed Air Corporation (Bubble Wrap, Cryovac packaging)
• Sappi Global (Gloss paper, Coated paper)
• Sabert (Takeout containers, Foodservice packaging)
• Amcor Limited (Flexible pouches, Rigid containers)
• Sonoco Products Company (Paperboard packaging, Flexible films)
• Huhtamaki OYJ (Foodservice packaging, Flexible films)
• DS Smith (Recycled paper, Corrugated packaging)
• Wihuri (Packaging solutions, Paper products)
• Coveris Holding SA (Flexible films, Rigid packaging)
• Berry Global Inc. (Flexible packaging, Tapes and labels)
• WestRock (Paperboard, Corrugated packaging)
• Tetra Pak (Liquid food packaging, Carton packaging)
• Smurfit Kappa (Corrugated packaging, Paper-based solutions)
• Stora Enso (Packaging board, Wood products)
• Chesapeake (Printed packaging, Label solutions)
• Koch Industries (Packaging films, Adhesives)
• Mölnlycke (Medical packaging, Surgical drapes)
• Huhtamaki (Food packaging, Beverage cups)
• RPC Group (Plastic and paper packaging, Injection-molded packaging)

Segmental Analysis

By Packaging Type

Pouches accounted for the largest market share of approximately 42% in 2022. This is due to their potential for flexibility and affordability, lightweight packaging, greater preference towards sustainable packaging, and market growth. Due to several benefits of pouches over traditional packaging formats such as cans or bottles, pouches find applications in various industries such as food & beverages, pharmaceuticals, personal care, etc. They are lighter so they are more portable, they occupy less space and they will be cheaper to produce and transport than a bulk product. Pouches feature excellent barrier properties that protect products from moisture, air and light helping increase shelf life and maintain products quality. What also makes it a popular choice is the customizability of pouches in shapes, sizes and styles, brands can customize their pouches and stand out from the other brands on the store shelf and use it as per the specific needs of consumers.

By Technology

In 2023, flexography held the largest market share around 38% in 2023. Flexography is one among the effective, high-speed, adaptable, and quality printing technology, which are suited for use on a wide range of versatile packaging substrates in flexible packaging market. Flexography is a printing type that utilizes flexible relief plates, which indeed enables quicker turnaround periods, combined with fast drying inks, ideal for high volume operates and to get a wide variety of substrates (getting put on items like newspaper, plastic and foil). Widely used in food and beverages, pharmaceutical and consumer goods because of its ability to print sharply on various substrates, high-speed industrial inkjet printing is exceptionally versatile.

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Regional Analysis

Asia Pacific accounted for the largest market share around 46% in 2023. It is due to the fast pace of industrialization and increasing demand for packaged products in the region. Some of the largest manufacturing hubs exist in countries such as China, India, and Japan and these countries are among the major players in flexible packaging. In addition, the governments are taking initiatives to reduce the plastic waste in Asia-Pacific countries, causing the sustainable methods to be adopted and fuelling the need for the paper-based and recyclable packaging material.

North America holds a significant share in the market due to stringent regulations on plastic packaging and high consumer demand for sustainable solutions. The presence of key market players and continuous innovations in flexible paper packaging technologies contribute to the region’s growth. The United States remains the largest contributor, with increasing adoption of recyclable and compostable paper packaging across various industries. The ever-increasing e-commerce industry across North America, the rising disposable incomes, and the shifting consumer focus from traditional to flexible, sustainable, and innovative packaging options is yielding massive dividends for flexible paper packaging market which is driven by this region.

Recent Developments

• April 2024: Mondi Group launched a new range of fully recyclable flexible paper packaging solutions tailored for the food and beverage industry, emphasizing sustainability and improved barrier properties.
• March 2024: Smurfit Kappa introduced a high-performance flexible paper with water-resistant coatings, targeting the personal care and e-commerce sectors.
• February 2024: Stora Enso expanded its sustainable packaging portfolio with an advanced flexible paper solution designed for pharmaceutical and medical applications, enhancing product protection and recyclability.

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