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Flexible Paper Packaging Market Trends

Report ID: GMI6478
Published Date: Aug 2023
Report Format: PDF

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Flexible Paper Packaging Market Trends

The emphasis on sustainability continues to drive the demand for flexible paper packaging due to its biodegradability and recyclability. The movement away from single-use plastics is promoting the adoption of flexible paper packaging as an alternative for various products. Brands are focusing on paper packaging that is not only recyclable but also compostable, aligning with circular economy principles. As online shopping grows, flexible paper packaging solutions that offer protection, durability, and space efficiency for shipping are becoming increasingly important.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Market size for flexible paper packaging was USD 65.4 billion in 2022 and is estimated to record USD 99.1 billion by the end of 2032 due to its eco-friendly and biodegradable properties coupled with the growing inclination to sustainable packaging solutions worldwide.

Demand for flexible paper pouches reached USD 17.3 billion in 2022 driven by the growing demand for versatile packaging and its higher application in a wide range of products, from snacks to personal care items.

Flexible paper packaging industry from the food and beverage end-user segment held 40% share in 2022 and is expected to grow at lucrative pace through 2032 owing to growing adoption due to rising sustainable packaging goals.

U.S. market for flexible paper packaging was worth USD 14.8 billion in revenue in 2022 and will expand at significant pace from 2023-2032 owing to the increasing emphasis on sustainability and environmentally friendly packaging options in the region.