Driven by rising eco-consciousness and regulatory backing, Europe's flexible laminated paper market is expanding steadily. With the food sector as a key driver, the demand for recyclable, biodegradable packaging that offers superior protection and shelf life is positioning laminated paper as a sustainable alternative.
NEWARK, DE / ACCESSWIRE / October 31, 2024 / The European flexible laminated paper market is on a sustainable growth trajectory, forecasted to rise from an estimated USD 1.8 billion in 2024 to USD 2.3 billion by 2034. This anticipated growth represents a steady CAGR of 2.7% from 2024 through 2034, powered by consumer demand for eco-friendly packaging solutions and supported by European regulations on sustainable packaging practices.
In 2023, the market for flexible laminated paper generated USD 1.7 billion, and with a year-on-year growth of 2.5% projected for 2024, the industry is set to continue its robust expansion. This growing adoption is particularly evident in the food industry, which commands over 57.3% of the market share. This dominance is driven by the demand for recyclable, biodegradable packaging options that also offer superior product protection and longer shelf life, aligning well with consumer environmental awareness.
Strict EU Regulations Promote Industry Growth
The European Union's push for sustainable packaging, including the EU Circular Economy Action Plan aiming for all packaging to be recyclable by 2030, plays a significant role in propelling laminated paper adoption. These regulations encourage manufacturers to meet stringent environmental standards, emphasizing materials that are both recyclable and biodegradable-attributes inherent to laminated paper. The increasing demand for materials that align with these regulatory standards has established flexible laminated paper as an essential component in eco-friendly packaging solutions.
Enhanced Barrier Properties Appeal to Food and Pharmaceutical Industries
The market demand for flexible laminated paper is also driven by its advanced barrier properties, offering protection against moisture, oxygen, and light. In the food industry, these qualities help maintain flavor, texture, and nutritional value while extending shelf life and minimizing waste. For pharmaceuticals, laminated paper's protective capabilities are crucial in safeguarding medications from environmental factors, preserving their efficacy.
Rising Consumer Preference for Convenience Food
Driven by growing demand for convenience and ready-to-eat food products, particularly in urban areas, the demand for packaging capable of for maintaining freshness and extending shelf life increases. Flexible laminated paper is particularly well-suited for this need because it contains strong barrier properties countering penetration by moisture, oxygen, and light. Such provisions help keep food products safe and fresh for longer periods of time and meet the expectation for quality among consumers. Such paper is also easy to use and lightweight, so it can be applied for a variety of food packaging formats starting from pouches to wraps. Thus, it finds its ever-increasing application in convenience food packaging.
Increasing Focus on Sustainable Packaging
Due to increasing environmental issues and additional regulations on the use of single-use plastics, companies are shifting toward sustainable modes through environment-friendly, recyclable packaging products. Flexible laminated paper is more sustainable than traditional plastic-based packaging because it can easily be recycled and, in some cases, is biodegradable. In the European countries, this shift has become all the more critical with the regulatory framework framed under the directives of plastic reduction in the EU. The increase in consumer demand for products that are environmentally friendly is a major reason brands are responding with greener products; thus, laminated paper is becoming increasingly attractive. It is growing across various sectors specifically in food and beverage packaging.
Key Takeaways from Europe Flexible Laminated Paper Market
The flexible laminated paper industry in Europe is estimated to be worth USD 1.8 billion in 2024 and is anticipated to reach a value of USD 2.3 billion by 2034. Sales are projected to rise at a CAGR of 2.7% over the forecast period between 2024 and 2034.
The flexible laminated paper market in Europe projected to create an incremental opportunity of USD 600.3 million and is predicted to rise 1.3 times the current value through 2034.
The European market recorded a CAGR of 1.4% during the historical period between 2019 and 2023. Market growth of flexible laminated paper was positive as it reached a value of USD 1.77 billion in 2023 from USD 1.67 billion in 2019.
Single layer laminates is leading in Europe flexible laminated paper market with more than 60% of value share during assessment period. The key advantages of single layer laminates are that they offer protection and barrier properties required by most packaging applications, especially the food and beverage sectors, in an effective manner without the complexity added by multi-layer options.
Food industry is one of dominant segment in the flexible laminated paper industry with more than 57.3% of the value share in Europe. As consumers get more aware of environmental issues, brands are growingly preferring the usage of flexible laminated paper because of its recyclable and biodegradable characteristic.
"The increasing focus on environmentally friendly packaging leading consumers and brands to choose biodegradable and recyclable materials which is boosting the demand for flexible laminated paper over other plastic alternative packaging solutions."- Says a Lead Consultant Ismail Sutaria in Packaging at Future Market Insights (FMI).
Ecommerce Sector Growth Create Opportunity for Expansion
As the growth of e-commerce continues to expand, so does the need for light-weight, protective packaging that withstands shipping and handling rigours. Flexible laminated paper appears to be a prominent and attractive choice meeting the demand. Flexible laminated paper based packaging is light weight, thus shipping cost is reduced, and the strength would ensure products are safe during shipment. Additionally, laminated paper can be customized for branding, thus online retailers can give their customers a unique experience on unboxing. It is also ecologically sustaining compared to the other plastic packaging. It meets consumers demand to have sustainable products. All these factors are anticipated to flourish Europe flexible laminated paper demand.
Country-wise Insights
Country | CAGR (2024-2034) | Market Insights | Projected Growth |
|---|---|---|---|
Germany | 3.0% | Anticipated to hold 21.4% of Europe's market share by 2034. Incremental growth driven by a USD 140.8 million boost due to rising e-commerce demand for eco-friendly packaging solutions. | E-commerce growth strengthens demand for sustainable, lightweight packaging. |
Poland | 3.8% | Strongest CAGR in Europe with demand from diverse industries. | High growth opportunity in Eastern Europe with expanding industrial sectors. |
Italy | 1.5% | Moderate growth driven by demand for durable packaging in the food industry. | Growth constrained by high production costs and alternative materials. |
France | 3.2% | Growth supported by robust food and beverage sector and consumer preference for sustainable packaging. | Eco-friendly initiatives accelerate adoption in food packaging. |
UK | 1.4% | Anticipated revenue gain of USD 266.6 million. Increasing demand driven by the large food and drink sector and health-conscious consumers. | Cardiovascular health concerns fuel demand for secure and appealing packaging in food industry. |
Benelux | 4.2% | Fastest growing region driven by sustainability goals and increasing e-commerce activities. | Eco-friendly initiatives and e-commerce expansion support highest regional CAGR. |
Europe Flexible Laminated Paper Market Report
Future Market Insights, in its new report, offers an unbiased analysis of the Europe market for flrxible laminated paper, analysing historical demand from 2019-2023 and forecast statistics for 2024-2034.
The study reveals market growth projections based on material (paper (base material) (Kraft paper and coated paper ), and lamination material (polyethylene (PE), polypropylene (PP), polyethylene terephthalate (PET), ethylene vinyl alcohol (EVOH), bioplastics, and metallized foils)), layer type (single layer laminates (per / PE, paper/ PET, and other), and multilayer laminates (paper / aluminum /PE, paper / PET / aluminum / PE, and other complex laminates)), application (bags & sacks, pouches, sachets, wraps & roll stock, trays, blister packs, foodservice disposable, envelopes & mailers, and stick packs) and end use (food (bakery products, confectionary / chocolates, tea & coffee, butter & cheese, baby food, chilled / frozen food, and others), and non-food (healthcare & pharmaceuticals, beauty & personal care, homecare & hygiene, electrical & electronics, building materials, agriculture & allied, chemical, and other industrial)).
Unlock Comprehensive Market Insights - Explore the Full Report Now: https://www.futuremarketinsights.com/reports/flexible-laminated-paper-industry-analysis-in-europe
Key Players in Europe Flexible Laminated Paper Industry
Saica
Surepak
TCKL Packaging
Ströbel Gmbh
Tungate Group
Proampac Llc
Mondi Plc
Smurfit Kappa Group (Smurfit WestRock)
Amcor Plc
Sealed Air Corp
Sonoco Products Company
Huhtamäki Oyj
Constantia Flexibles Group Gmbh
Coveris
Interflex Group
Billerud Ab
Oji Holdings Corp
Europe Flexible Laminated Paper Market Segmentation
By Material:
Material in flexible laminated paper market include paper (base material) and lamination material. Paper is classified as Kraft paper and coated paper. Lamination material is classified as polyethylene (PE), polypropylene (PP), polyethylene terephthalate (PET), ethylene vinyl alcohol (EVOH), bioplastics, and metallized foils.
By Layer Type:
The flexible laminated paper market is divided into single layer laminates, and multilayer laminates. Single layer laminates include paper / PE, paper/ PET, and other. Multilayer laminates include paper / aluminum /PE, paper / PET / aluminum / PE, and other complex laminates.
By Application:
The flexible laminated paper materials are categorized as bags & sacks, pouches, sachets, wraps & roll stock, trays, blister packs, foodservice disposable, envelopes & mailers, and stick packs.
By End Use:
The flexible laminated paper materials are categorized as food, and nonfood. Food is classified as bakery products, confectionary / chocolates, tea & coffee, butter & cheese, baby food, chilled / frozen food, and others. Nonfood is further classified as healthcare & pharmaceuticals, beauty & personal care, homecare & hygiene, electrical & electronics, building materials, agriculture & allied, chemical, and other industrial.
By Country:
Key countries of Europe such as Germany, Spain, France, Italy, UK, BENELUX, Nordic, Russia, Poland, Romania, Hungary, and Rest of Europe are covered.
Authored by:
Ismail Sutaria (Lead Consultant, Packaging and Materials) has over 8 years of experience in market research and consulting in the packaging & materials industry. Ismail's strength lies in identifying key challenges faced by the client and offering logical and actionable insights to equip the clients with strategic decision-making power.
Ismail has been an instrumental part of several transformational consulting assignments. His key skills include competitive benchmarking, opportunity assessment, macroeconomic analysis, and business transformation advisory. Ismail is an MBA holder in Marketing and has a Bachelor's Degree in Mathematics.
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