Asia's Profitability Increasing
Capturing over a third of total market stack, manufacturers of micro flute papers would glean maximum value in Europe. Various European policymakers are putting pressure on packaging converters to shift towards sustainable packaging formats, amidst continued environmental concerns. Furthermore, Europe’s micro flute paper market will click US$ 1 Bn mark in the latter half of forecast period. Given demand upheaval for micro flute papers in applications - advertising on-site sales, and eye cosmetic packaging – manufacturers are eyeing lucrative growth prospects in Asia.
Shifting Emphasis on Combining Micro Flute Types
Manufacturers are combining various types of flute, in a bid to cut storage and transportation costs. In particular, these double-wall micro flute papers are finding utilization in the display market sector. For instance, the EE-type micro flute papers offer better aesthetic appearance, and printing capability compared to the B or C flute types and is leverages as a substitute of BC and BE flute types in cosmetic packaging industry.
In a similar fashion, NE-type micro flute papers provide superior double-wall combination that enhances the graphical benefits akin to clay coated papers. Further, the flute type offers optimum print surface for both, screen printing and post flexo printing applications.
How Growth will Unfold
E-type micro flute papers provide excellent compression strength and high resistance for crushing, as such, they deliver enhanced safety of packed products during logistics and transportation. Such attractive performance of the E-type variant is enabling its wider adoption. By 2027, E-type micro flute papers worth over US$ 2 Bn will be utilized for packaging purposes. However, N-type micro flute papers offer greater flutes per lineal foot compared to the E-type version - almost twice - and thus are garnering interest in the packaging industry.
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MICRO FLUTE PAPER MARKET TAXONOMY
The global micro flute paper market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.
- E Flute
- F Flute
- N Flute
- D Flute
By Basis Weight
- Upto 100 GSM
- 100 TO 175 GSM
- 175 TO 250 GSM
- Above 250 GSM
- Food & Beverages
- Medical & Pharmaceuticals
- Personal Care
- Consumer Durable Electronics Goods (CDEG)
- Others (Automobiles, etc.)
- North America
- Latin America
- South Asia
- East Asia
- Middle East & Africa