Hot Coil and Cold Coil Embellishing in Flexible Paper Packaging Market Growth
The global flexible paper packaging industry size is anticipated to increase from USD 64.4 billion in 2021 to USD 79.1 billion by 2026 at a CAGR of 4.2% from 2021 to 2026, according to the MarketsandMarkets™ report "Flexible Paper Packaging Market by Packaging Type (Pouches, Roll Stock, Shrink Sleeves, Wraps), Printing Technology (Rotogravure, Flexography, Digital Printing), embellishing type (Hot Coil, Cold Coil), Application, and Region - Global Forecast. The market is expected to expand because flexible paper packaging is more cost-effective, environmentally friendly, and requires less material than other types of packaging. Flexible paper packaging is becoming more popular, which is linked to both its high efficiency and low cost. Food and beverage, personal care, home care, and healthcare are just a few industries that could benefit from flexible packaging.
Request for a Sample@ https://www.marketsandmarkets.com/requestsampleNew.asp?id=183679855
Pouches are anticipated to dominate the market for flexible paper packaging in terms of value and volume.
By 2026, pouches are anticipated to control the flexible paper packaging market in terms of value. Due to their versatility, portability, and small weight, pouches are being used more frequently. Pouches are increasingly in demand from the food packaging and e-commerce sectors.
The market for flexible paper packaging is anticipated to have the largest sector due to flexography.
By printing method, flexography will have the most value and volume demand for flexible paper packaging in 2020. Due to the increased need for flexible paper packaging and the low viscosity of the inks used in flexography, which allows the print to dry quickly and speeds up the printing process while lowering manufacturing costs, this market is expected to rise rapidly.
The flexible paper packaging market is expected to be dominated by Hot Coil, according to estimates.
In terms of value and volume, Hot Coil embellishment stood for the highest demand for flexible paper packaging in 2020. There are many industries that use hot foil embellishment, but food and beverage (especially confectionary like premium chocolate, wine and liquor bottles, and other premium foods), cosmetics, electronics, banknotes, business cards, greeting cards, and artwork account for the largest share of its use.
The flexible paper packaging market is expected to have the largest food category in 2020.
By application, food will have the highest value and volume of demand for flexible paper packaging in 2020. The rising demand for flexible paper packaging as well as changing lifestyles and hectic work schedules of the working population are primarily responsible for this segment's rise. Additionally, flexible paper packaging decreases leakage and increases product shelf life. Due of their portability and convenience, food products consume the most flexible plastic packaging. Food and beverage packaging's main purposes are to decrease food loss and lengthen the shelf life of food goods.
For any Queries Linked with the Report, Ask an Analyst@ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=183679855
During the forecast period, the APAC region is anticipated to hold the biggest market share for flexible paper packaging.
From 2021 to 2026, the flexible paper packaging market is anticipated to be dominated by the APAC region, both in terms of volume and value. During the projected period, industry expansion in the region will be fueled in part by a growing population and fast urbanization. The demand for flexible paper packaging in the region is being fueled by the food and beverage industries in a number of APAC nations.
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.
Browse 236 market data Tables and 34 Figures spread through 190 Pages and in-depth TOC on "Flexible Paper Packaging Market by Packaging Type (Pouches, Roll Stock, Shrink Sleeves, Wraps), Printing Technology (Rotogravure, Flexography, Digital Printing), embellishing type (Hot Coil, Cold Coil), Application, and Region - Global Forecast to 2026"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/flexible-paper-packaging-market-183679855.html
About MarketsandMarkets™
MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441