Flexible Packaging Paper Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2016-2021 and Forecast 2022-2028

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Global Flexible Packaging Paper Market: By Paper Type (Kraft Paper, Parchment Paper, Greaseproof Paper, Sulfite Paper and Glassine Paper), By Product (Bags & Sacks, Pouches, Envelopes, Wraps and Sachets), By End User (Food, Pharmaceuticals, Consumer Goods, Agriculture, Personalcare & Cosmetics and Others), and Geography

 

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Report

Description

The flexible packaging paper market is anticipated to be valued at USD 25.1 billion in 2021 and is expanded to grow at a significant CAGR of 2.1% over 2022-2028. Increasing demand for convenient and sustainable packaging solutions from the food packaging industry drives the market. Flexible packaging paper is becoming more common in food and beverage goods like cereals and frozen meals. In recent years, demand for flexible packaging paper for food packaging has been fuelled by increased demand for smaller pack sizes combined with a preference for convenience. The consumer demand for more natural and sustainable food has triggered the need for sustainable, flexible packaging paper. As such, flexible packaging paper is acquiring prominence in food packaging and tea bag overpacks. Thus, the increase in applicability of the novel paper is boosting the market growth. It’s also utilised in sterile health and beauty goods, which makes sense given that the market for food and personal care and cosmetics is expected to rise at an exponential rate. Hence, manufacturers are developing ‘essential’ packaging manufacturing that helps keep products fresh and sterile for the convenience of consumers. Flexible packaging, the most recent evolution in the packaging industry, has acquired global popularity for several advantages over rigid plastic packaging solutions, including cost-effectiveness, functional convenience in handling, and trademark protection. The Kraft paper segment holds a significant share of the flexible packaging paper market because kraft papers are the most widely utilized paper type. They may be employed in various end-use industry applications and are very inexpensive.

Recent Market Developments:

In Jan 2022, Amcor introduces AmFiberTM, a new platform of paper-based packaging products. The launch showcases the company’s consumer-centric and adaptable approach and aimed to offer the best packaging technology to customers by leveraging the appropriate materials for the requirements.

 

In Oct 2021, Mondi introduced various pet food and sustainable premium food packaging from the launch of RetortPouch Recyclable. Through this launch, the company aimed to reduce the product’s environmental footprint and make consumers confident and secure about the product manufacturing and transportation as well as satisfy their sustainability goals.

Flexible Packaging Paper Market

MARKET SUMMARY
-
2.1%
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 2.1%
  • Largest Market– Asia Pacific
  • Fastest Growing Market– Europe

Flexible Packaging Paper Market

  • Global flexible packaging paper market report gives comprehensive outlook on flexible packaging paper across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
  • The report on global market gives historical, current, and future market sizes (US$ Mn) on the basis of paper type, product, end-user and region.
  • Key stakeholders of the global flexible packaging paper market report include suppliers, manufacturers, marketers, policy makers, and service providers engaged in global flexible packaging paper products.
Market Key Players
  • GEA Group AG
  • Fullwood Packo
  • DeLaval
  • Afimilk Ltd.
  • Dairymaster
  • Sum-It Computer Systems Ltd
  • BouMatic
Flexible Packaging Paper Market

Dynamics

Regulations-imposed on environment-friendly packaging products mainly drive the global flexible packaging paper market. The market is being driven by rising consumer awareness of sustainable packaging and stringent rules imposed by various environmental protection agencies regarding using environmentally friendly packaging products. Furthermore, increasing flexible packaging paper use in pharmaceutical and consumer goods in developed nations will likely improve global flexible packaging paper sales. Moreover, the paper has long been regarded as an environmentally benign packing material. The market would be hampered by deforestation to get raw materials and the production of dioxins.


Asia-Pacific Got Significant Share

Flexible Packaging Paper Market

In 2020, Asia-Pacific had the most significant share of the market. Rapid economic expansion, higher disposable income, and increasing acceptance of sustainable packaging solutions are all driving demand for flexible paper packaging in Asia-Pacific. Furthermore, the Middle East and Africa are expected to increase at the fastest rate over the forecast period.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2017-2021) and forecast (2022-2028)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario

Key

Flexible Packaging Paper Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

2021 is the base year and 2028 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.


Report

Table Of Content

Table of Content

  1. Executive Summary
  2. Global Flexible Packaging Paper Market Introduction
    • Global Flexible Packaging Paper Market – Taxonomy
    • Global Flexible Packaging Paper Market –Definitions
      • By Paper Type
      • By Product Type
      • By End User
  1. Global Flexible Packaging Paper Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • Global Flexible Packaging Paper Market Dynamic Factors – Impact Analysis
    • Global Flexible Packaging Paper Market – Competition Landscape
  2. Global Flexible Packaging Paper Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026
    • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market Opportunity Analysis
  3. Global Flexible Packaging Paper Market, By Paper Type, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Kraft Paper
      • Coated Kraft
        • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Uncoated Kraft
        • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Parchment Paper
        • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Greaseproof Paper
        • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Sulfite Paper
        • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Glassine Paper
        • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
  1. Global Flexible Packaging Paper Market Forecast, By Product Type, 2015 – 2019 and Forecast, 2020 – 2026
    • Bags & Sacks
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Pouches
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Envelopes
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Wraps
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Sachets
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Flexible Packaging Paper Market Forecast, By End User, 2015 – 2019 and Forecast, 2020 – 2026
    • Food
      • Bakery & Confectionery
        • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Ready To Eat (RTE)
        • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Frutis and Vegetables
        • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Food Grains
        • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Dairy Products
        • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Pharmaceuticals
        • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Consumer Goods
        • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Agriculture
        • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Personal Care & Cosmetics
        • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Others
        • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
  1. Global Flexible Packaging Paper Market Forecast, By Region, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • North America
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Europe
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Asia-Pacific
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Latin America
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Middle East and Africa
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Global Flexible Packaging Paper Market – Opportunity Analysis Index, By Paper Type, By Product Type, Application, and Region, 2020 – 2026
  2. North America Flexible Packaging Paper Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Paper Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Kraft Paper
        • Coated Kraft Paper
        • Uncoated Kraft Paper
      • Parchment Paper
      • Greaseproof Paper
      • Sulfite Paper
      • Glassine Paper
    • Product Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Bags & Sacks
      • Pouches
      • Envelopes
      • Wraps
      • Sachets
    • End User Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Food
        • Bakery & Confectionery
        • Ready To Eat (RTE)
        • Frutis and Vegetables
        • Food Grains
        • Dairy Products
      • Pharmaceuticals
      • Consumer Goods
      • Agriculture
      • Personal Care & Cosmetics
      • Others
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • S.
      • Canada
    • North America Flexible Packaging Paper Market – Opportunity Analysis Index, By Paper Type, Product Type, End User, and Country, 2020 – 2026
    • North America Flexible Packaging Paper Market Dynamics – Trends
  3. Europe Flexible Packaging Paper Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Paper Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Kraft Paper
        • Coated Kraft Paper
        • Uncoated Kraft Paper
      • Parchment Paper
      • Greaseproof Paper
      • Sulfite Paper
      • Glassine Paper
    • Product Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Bags & Sacks
      • Pouches
      • Envelopes
      • Wraps
      • Sachets
    • End User Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Food
        • Bakery & Confectionery
        • Ready To Eat (RTE)
        • Frutis and Vegetables
        • Food Grains
        • Dairy Products
      • Pharmaceuticals
      • Consumer Goods
      • Agriculture
      • Personal Care & Cosmetics
      • Others
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Germany
      • UK
      • France
      • Spain
      • Italy
      • Russia
      • Poland
      • Rest of Europe
    • Europe Flexible Packaging Paper Market – Opportunity Analysis Index, By Paper Type, Product Type, End User, and Country, 2020 – 2026
    • Europe Flexible Packaging Paper Market Dynamics – Trends
  4. Asia-Pacific Flexible Packaging Paper Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Paper Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Kraft Paper
        • Coated Kraft Paper
        • Uncoated Kraft Paper
      • Parchment Paper
      • Greaseproof Paper
      • Sulfite Paper
      • Glassine Paper
    • Product Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Bags & Sacks
      • Pouches
      • Envelopes
      • Wraps
      • Sachets
    • End User Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Food
        • Bakery & Confectionery
        • Ready To Eat (RTE)
        • Frutis and Vegetables
        • Food Grains
        • Dairy Products
      • Pharmaceuticals
      • Consumer Goods
      • Agriculture
      • Personal Care & Cosmetics
      • Others
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Japan
      • China
      • India
      • ASEAN
      • Australia & New Zealand
      • Rest of Asia-Pacific
    • Asia-Pacific Flexible Packaging Paper Market – Opportunity Analysis Index, By Paper Type, Product Type, End User, and Country, 2020 – 2026
    • Asia-Pacific Flexible Packaging Paper Market Dynamics – Trends
  5. Latin America Flexible Packaging Paper Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026
    • Paper Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Kraft Paper
        • Coated Kraft Paper
        • Uncoated Kraft Paper
      • Parchment Paper
      • Greaseproof Paper
      • Sulfite Paper
      • Glassine Paper
    • Product Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Bags & Sacks
      • Pouches
      • Envelopes
      • Wraps
      • Sachets
    • End User Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Food
        • Bakery & Confectionery
        • Ready To Eat (RTE)
        • Frutis and Vegetables
        • Food Grains
        • Dairy Products
      • Pharmaceuticals
      • Consumer Goods
      • Agriculture
      • Personal Care & Cosmetics
      • Others
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Brazil
      • Mexico
      • Argentina
      • Rest of Latin America
    • Latin America Flexible Packaging Paper Market – Opportunity Analysis Index, By Paper Type, Product Type, End User, and Country, 2020 – 2026
    • Latin America Flexible Packaging Paper Market Dynamics – Trends
  6. Middle East and Africa Flexible Packaging Paper Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Paper Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Kraft Paper
        • Coated Kraft Paper
        • Uncoated Kraft Paper
      • Parchment Paper
      • Greaseproof Paper
      • Sulfite Paper
      • Glassine Paper
    • Product Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Bags & Sacks
      • Pouches
      • Envelopes
      • Wraps
      • Sachets
    • End User Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Food
        • Bakery & Confectionery
        • Ready To Eat (RTE)
        • Frutis and Vegetables
        • Food Grains
        • Dairy Products
      • Pharmaceuticals
      • Consumer Goods
      • Agriculture
      • Personal Care & Cosmetics
      • Others
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Gulf Cooperation Council (GCC) Countries
      • Israel
      • South Africa
      • Rest of MEA
    • MEA Flexible Packaging Paper Market – Opportunity Analysis Index, By Paper Type, Product Type, End User, and Country, 2020 – 2026
    • MEA Flexible Packaging Paper Market Dynamics – Trends
  7. Competition Landscape
    • Strategic Dashboard of Top Market Players
    • Company Profiles (Introduction, Financial Analysis, Product & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
      • BillerudKorsnas AB
      • Canadian Kraft Paper Ltd.
      • DS Smith PLC
      • Emami Paper Mills Ltd.
      • Gordon Paper Company, Inc.
      • Gulf Paper Manufacturing Company
      • International Paper Company
      • JK PAPER Ltd.
      • KRPA Holding CZ, a.s.,
      • McNairn Packaging
      • Mondi Group
      • Nippon Paper Industries Co Ltd
      • Nordic Paper AS
      • PG Paper Company
      • Pudumjee Paper Products Ltd.
      • Rengo Co Ltd.,
      • Sappi Limited
      • Smurfit Kappa Group PLC
      • Stora Enso Oyj.
      • WestRock Company
  1. Research Methodology
  2. Key Assumptions and Acronyms

Report

Company Profile

  • Canadian Kraft Paper Ltd.
  • KRPA Holding.
  • DS Smith.
  • Emami paper mills Ltd.
  • Gulf Paper Manufacturing Company
  • JK Paper
  • Mondi Group.
  • WestRock Company
  • Smurfit Kappa
  • Amcor plc.

Description

The flexible packaging paper market is anticipated to be valued at USD 25.1 billion in 2021 and is expanded to grow at a significant CAGR of 2.1% over 2022-2028. Increasing demand for convenient and sustainable packaging solutions from the food packaging industry drives the market. Flexible packaging paper is becoming more common in food and beverage goods like cereals and frozen meals. In recent years, demand for flexible packaging paper for food packaging has been fuelled by increased demand for smaller pack sizes combined with a preference for convenience. The consumer demand for more natural and sustainable food has triggered the need for sustainable, flexible packaging paper. As such, flexible packaging paper is acquiring prominence in food packaging and tea bag overpacks. Thus, the increase in applicability of the novel paper is boosting the market growth. It’s also utilised in sterile health and beauty goods, which makes sense given that the market for food and personal care and cosmetics is expected to rise at an exponential rate. Hence, manufacturers are developing ‘essential’ packaging manufacturing that helps keep products fresh and sterile for the convenience of consumers. Flexible packaging, the most recent evolution in the packaging industry, has acquired global popularity for several advantages over rigid plastic packaging solutions, including cost-effectiveness, functional convenience in handling, and trademark protection. The Kraft paper segment holds a significant share of the flexible packaging paper market because kraft papers are the most widely utilized paper type. They may be employed in various end-use industry applications and are very inexpensive.

Recent Market Developments:

In Jan 2022, Amcor introduces AmFiberTM, a new platform of paper-based packaging products. The launch showcases the company’s consumer-centric and adaptable approach and aimed to offer the best packaging technology to customers by leveraging the appropriate materials for the requirements.

 

In Oct 2021, Mondi introduced various pet food and sustainable premium food packaging from the launch of RetortPouch Recyclable. Through this launch, the company aimed to reduce the product’s environmental footprint and make consumers confident and secure about the product manufacturing and transportation as well as satisfy their sustainability goals.

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