End-user (Agriculture, Consumer Goods, Food & Beverages, Cosmetics & Personal Care)
The global flexible packaging paper market is segmented and analyzed for demand and supply by end-user into agriculture, consumer goods, food & beverages, cosmetics & personal care, and others. Out of these five types of end-user segments, the food & beverages segment is projected to witness noteworthy growth over the forecast period. The growth of the segment can be attributed to the rising demand and trade volume of food and beverage across the globe, along with higher demand for ready-to-eat meals and beverages which requires sustainable packaging. For instance, in 2022, the global food segment was estimated to generate total revenue of USD 15 billion. Besides this, increasing consumption of frozen food and dairy product is another significant factor that is anticipated to boost segment’s growth in the market further over the projected time frame.
Material Type (Coated Unbleached Kraft Paperboard, Coated Recycled Paper, Solid Bleached Sulfate)
The global flexible packaging paper market is also segmented and analyzed for demand and supply by material type into coated unbleached kraft paperboard, coated recycled paper, and solid bleached sulfate. Amongst these three types of segments, the coated unbleached kraft paperboard segment is estimated to show prominent growth over the forecast period on the back of its high usability in several end-use industries as a result of its excellent printability, and tear strength. Besides this, the coated unbleached kraft paperboard is very economical as compared to its other alternatives. This, as a result, is anticipated to create numerous opportunities for the growth of the segment in the coming years.
Our in-depth analysis of the global market includes the following segments:
By Material Type |
|
By Packaging Type |
|
By Paper Type |
|
By End-User |
|
Author Credits: Abhishek Anil
Copyright © 2024 Research Nester. All Rights Reserved
FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.
Have questions before ordering this report?