According to most recent research by Future Market Insights, Fluting Paper is set to observer constant development of ~4.5% CAGR during 2021-2031.
The fluting paper demand is expected to grow significantly during the forecast period. Due to natural base, a fluted paper is a preferred substitute for plastic based packaging solution which is renewable, eco-friendly, recyclable.
What is Driving Demand for Fluting Paper?
Fluted paper provides cushioning effect to product that provide protection to the products from wearing-tearing or leakage. From this paper secondary packaging is done to product.
Growing demand of fluting paper in packaging industry. Primary packaging of any product is protected by secondary packaging and in that fluting paper is very effective to prevent internal products.
Secondary packaging mainly deal with the protective packaging, box-in box, bag-in box, nutrition packaging, pharma-packaging, cosmetic- packaginge-commerce packaging and other. The global fluted paper market is expected to show significant growth during the forecasted period.
Fluting Paper has gaining attention over past few years due to high adoption of lightweight box. Lightweight box material have good acceptance rate by packaging industry.
It is easy to deliver products to consumer due to its lightweight. Lightweight box by fluting paper results in less plastic usage and also meet the recent need of environmental friendly products. This act as driving force for market.
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Increasing Use of Biodegradable Packaging Material Augment Demand of Fluting Paper in Hygiene Industry
Demand for fluting Paper increases around the globe due biodegradable packaging material trend. Over the past few years, a significant transformation has been observed in the overall packaging industry.
Rising awareness about reducing land-pollution in recent years so fluting paper is best solution. Fluting paper are of nature origin so it can be biodegrade easily and pollution is prevented. This create demand for fluting paper.
US and Canada Market Outlook
US remains one of the largest markets for Fluting Paper globally. US will hold significant markets share throughout the course of the forecast period. Due to increasing focus in this area forces innovator to develop new designs that satisfy and convince the consumers’ demands and needs.
Opportunities are created for a wide range of package types – shapes, sizes, technologies, and many other parameters that define the user-friendly application for consumers as well as manufacturers. So this drive demand of ecofriendly foam container in U.S and Canada.
Advance technology keep the nature of packaging stability of product during storage, shipment, and delivery. On these note, improvement in field of packaging and adoption of such product can propel this market.
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Europe Demand Outlook for Fluting Paper
Fluting Paper has gained traction in European countries in recent years due to adaption of e-commerce. Due to e-commerce sales external appearance of any product matters a lot.
That attractive designs are easily achieved on fluting paper. Social media is fastest growing network to connect with costumers these days with highly-flooded sales strategy by online market is Europe.
Product availability and accessibility by online platform opens up new avenues for vendors to expand their business in Europe. This is leads more innovative designs on packaging material for customer attraction. So, Europe create a good opportunities.
Who are the Key Manufacturers and Suppliers of Fluting Paper?
Some of the leading manufacturers and suppliers of Fluting Paper include
Smurfit Kappa Group
Sappi Group
Mondi Group
SURICATE SA.
Hugo Beck Maschinenbau GmbH & Co. KG
ROVEMA GmbH
GERHARD SCHUBERT GMBH
Syntegon Technology GmbH
BillerudKorsnäs
Guangdong Eastern Packaging Machinery Co.Ltd
interpack
SÜDPACK
Mini Flow Wrap Machines
Pacwel Equipment’s
ACME MACHINERY (INDIA) PVT. LTD
Many leading manufacturer have strategic E-commerce to for strengthen their position in market.
In June 2020, Hugo Beck has launched two new machines specifically designed to meet the demands of e-commerce for packaging.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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