Flexible Paper Packaging Key Players | Innovation and Product Evolution | Market Entry and Expansion Strategies | Investment and Capital Allocation | Technology Commercialization

Flexible Paper Packaging Companies and Market Forecast

The flexible paper packaging market size to rise from USD 55.43 bn by 2025 to USD 82.94 bn in 2034, North America held largest market share of 36.25% and to grow at 3.64% CAGR while Asia-Pacific held considerable market share of 24.76% in 2023. The pouches segment captured largest market share of 36.71% in 2023 and by application segment the food & beverages segment held largest market share of 44.23% in 2023.

Recent Developments by Key Market Players

• April, 2024: With the introduction of the first totally recyclable paper crisp packet, The British Crisp Co. offered a scalable and eco-friendly substitute for the 8 billion packets that are thrown away annually in the UK and wind up in landfills or are burned.  Along with their other recyclable paper goods, customers may dispose the new crisp package in their regular curbside recycling collection. The new paper packaging was created in collaboration with Evopak and replaces traditional plastic with Hydropol, a cutting-edge polymer created by Aquapak.  The crisps are kept fresh by a very thin layer of vacuum-deposited aluminum, which has no effect on the packs' ability to be recycled.
• April, 2024: Parkside unveiled its Recoflex line of paper-based, recyclable flexible packaging materials, which are said to provide heat sealability, barrier performance, and durability in a number of market applications. The new line of papers comes in a variety of specifications and can be purchased as a laminate or single-ply. Recoflex configurations are made to be completely recyclable in curbside collection programs to satisfy customer preferences and merchant policies.

Key Market Players

• Amcor Plc
• Mondi Group
• Sealed Air Corporation
• Smurfit Kappa Group
• DS Smith Plc
• Sonoco Products Company
• Huhtamaki Oyj
• WestRock Company
• Sappi Limited
• International Paper Company
• Reynolds Group Holdings Ltd.
• Graphic Packaging International, LLC

US Import Data for Flexible Paper Packaging Market: Key Insights on Paper Packaging Boxes and Bulk Containers