lexible Paper Packaging Research:CAGR of 6.6% during the forecast period

Flexible Paper Packaging Market Summary

Flexible paper packaging is any package or part of a package whose shape can readily be changed when filled or during use. Flexible Paper Packaging includes bags, pouches, liners, wraps, rollstock, and other flexible products.

According to the new market research report "Global Flexible Paper Packaging Market Report 2023-2029", published by QYResearch, the global Flexible Paper Packaging market size is projected to grow from USD 5,080 million in 2023 to USD 7,456 million by 2029, at a CAGR of 6.6% during the forecast period.

 

• Global Flexible Paper Packaging MarketSize(US$ Million), 2018-2029

 

Based on or includes research from QYResearch: Global Flexible Paper Packaging Market Report 2023-2029.

 

 

• Global Flexible Paper Packaging Top15Players Ranking and Market Share（Continually updated）

 

Based on or includes research from QYResearch: Global Flexible Paper Packaging Market Report 2023-2029.

 

This report profiles key players of Flexible Paper Packaging such as ProAmpac, Novolex, Sonoco Products Company, Mondi Group, Hood Packaging

In 2022, the global top five Flexible Paper Packaging players account for 40.42% of market share in terms of revenue. Above figure shows the key players ranked by revenue in Flexible Paper Packaging.

 

• Flexible Paper Packaging,Global Market Size, Split by Product Segment

 

Based on or includes research from QYResearch: Global Flexible Paper Packaging Market Report 2023-2029.

In terms of product type, Bags is the largest segment, hold a share of 41%,

 

Market Drivers:

Global population growth and improvement in consumption levels: As the global population grows and consumption levels improve, the demand for food, beverages, daily chemicals, pharmaceuticals and other products is also growing. Flexible paper packaging is lightweight, portable, waterproof, oil-proof, wear-resistant, and recyclable. It meets the needs of modern consumers, so market demand continues to grow.

Rapid development of e-commerce: The rapid development of e-commerce has promoted the growth of demand for flexible paper packaging. Flexible paper packaging is lightweight, portable, and easy to transport. It is suitable for e-commerce logistics and transportation, so it is increasingly used in the e-commerce industry.

The rise of sustainable packaging: As people’s awareness of environmental protection increases, sustainable packaging is receiving more and more attention. Flexible paper packaging is recyclable and biodegradable, and is in line with the development trend of sustainable packaging, so market demand continues to grow.

Restraint:

Restrictions on the supply of raw materials: The raw materials for flexible paper packaging mainly include paper, plastic, metal foil, etc. In recent years, with the rapid development of the global economy, the demand for these raw materials has continued to grow, resulting in limitations in the supply of raw materials.

Rising labor costs: The production of flexible paper packaging requires a lot of labor. In recent years, with the rise in labor costs, there has been certain pressure on the production costs of flexible paper packaging.

Increased environmental protection requirements: As people’s awareness of environmental protection increases, environmental protection requirements for packaging are also getting higher and higher. Flexible paper packaging will produce certain pollution during the production process, so measures need to be taken to reduce pollution and meet environmental protection requirements.

 

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