Flexible Paper Packaging Market worth $79.1 billion by 2026 - Exclusive Report by MarketsandMarkets™

Browse in-depth TOC on "Flexible Paper Packaging Market" Browse in-depth TOC on "Flexible Paper Packaging Market" 236 – Tables 34 – Figures 190 – Pages View Detailed Table of Content Here:   https://www.marketsandmarkets.com/Market-Reports/flexible-paper-packaging-market-183679855.html In terms of value & volume, pouches is estimated to lead the flexible paper packaging market in 2020 Pouches are projected to dominate the market for flexible paper packaging by...
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Browse in-depth TOC on "Flexible Paper Packaging Market"

236 – Tables
34 – Figures
190 – Pages

View Detailed Table of Content Here: https://www.marketsandmarkets.com/Market-Reports/flexible-paper-packaging-market-183679855.html

In terms of value & volume, pouches is estimated to lead the flexible paper packaging market in 2020

Pouches are projected to dominate the market for flexible paper packaging by 2026, in terms of value. The increased use of pouches is subjected to pouches being versatile, lightweight, and easy to transport. There is an increasing demand for pouches from the food packaging and e-commerce industries.

Flexography is estimated to be the largest segment in the flexible paper packaging market in 2020.

Flexography, by printing technology, accounted for the greatest demand for flexible paper packaging in 2020, in terms of value and volume. The growth of this segment is mainly attributed to the high demand for flexible paper packaging due to the fact that inks used in flexography are low viscosity, which enables the print to dry quickly and speeds up the printing process, thus saving the cost of production.

Hot Coil is estimated to be the largest segment in the flexible paper packaging market in 2020.

Hot Coil, by embellishing type, accounted for the greatest demand for flexible paper packaging in 2020, in terms of value and volume. Hot foil embellishment is utilized across a wide range of industry sectors, but account for the highest share in the food and beverages (particularly confectionary such as premium chocolate, wine and liquor bottles, and other premium foods), cosmetics, electronics, banknotes, business cards, and greeting cards and artwork.

Food segment is estimated to be the largest segment in the flexible paper packaging market in 2020.

Food, by accounted for application, the greatest demand for flexible paper packaging in 2020, in terms of value and volume. The growth of this segment is mainly attributed to the high demand for flexible paper packaging as changing lifestyles and busy schedules of the working population. Flexible paper packaging also reduces leakage and extends the shelf-life of products. Food products are the largest consumers flexible plastic packaging owing to their convenience and portability. The primary functions of food & beverage packaging are the reduction of food loss and increasing the shelf-life of food products.

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The APAC region is projected to account for the largest share in the flexible paper packaging market during the forecast period.

Flexible Paper Packaging Market worth $79.1 billion by 2026 - Exclusive Report by MarketsandMarkets™

The APAC region is projected to lead the flexible paper packaging market in terms of both value and volume from 2021 to 2026. Growing population and rapid urbanization are among the key factors propelling industry expansion in the region, during the forecast period. Growing food and beverage industry, in several APAC countries, are fueling the flexible paper packaging demand in the region.

Amcor Limited (Australia), Mondi Group (UK), Sonoco Products Company (US), Sealed Air Corporation (US), Huhtamaki OYJ (Finland), Sappi Global (South Africa), DS Smith (UK), Coveris Holding SA (UK), Sabert (US), Wihuri (Finland), amongst others, are the key players operating in the flexible paper packaging market. Merger & acquisitions, investments & expansions, partnerships & collaborations, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the flexible paper packaging market.

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