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. In Europe, the revenue generated by flexible laminated paper in 2023 was USD 1.7 billion. The industry is anticipated to exhibit a Y-o-Y growth of 2.5% in 2024.
Food industry is one of dominant segment in the flexible laminated paper industry with more than 57.3% of the value share in Europe. This is because of high demand for sustainable packaging solutions in food industry. 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.
Additionally, flexible packaging provides superior product protection, longer shelf life, and ease of handling by the consumer, hence will continue to enjoy popularity with food producers. Flexible laminated paper is versatile, so it can be customized for different food products packaging. These factors combined have made the food industry dominate the market share for flexible laminated paper.
Flexible Laminated Paper Industry Forecast
| Attributes | Key Insights |
|---|---|
| Historical Size, 2023 | USD 1.7 billion |
| Estimated Size, 2024 | USD 1.8 billion |
| Projected Size, 2034 | USD 2.3 billion |
| Value-based CAGR (2024 to 2034) | 2.7% |
Bags & sacks and pouches are cumulatively capturing more than 51% of value share in Europe flexible laminated paper industry. This is primarily due to the fact that these products offer vast flexibility and convenience for packaging. These products are used in various industries such as food, retail, and consumer goods while being light-weight and space-saving in nature.
Increasing demand for sustainable packaging has fueled the demand for laminated papers in recent years that are mostly, recyclable and biodegradable. Another aspect that makes them popular is that they can be customized by their size and design, which always appeals to brands with a desire to increase their market presence. Generally, their practicality and environmental benefits really account for the dominant market share.
The flexible laminated paper market is set to experience profitable growth during the forecast period. It is projected to create an incremental opportunity of USD 600.3 million and is predicted to rise 1.3 times the current value through 2034.
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The below table presents the expected CAGR for the Europe flexible laminated paper market over several semi-annual periods spanning from 2024 to 2034.
In the first half (H1) of the decade from 2023 to 2033, the business is predicted to surge at a CAGR of 2.9%, followed by a slightly higher growth rate of 2.5% in the second half (H2) of the same decade.
| Particular | Value CAGR |
|---|---|
| H1 | 2.9% (2023 to 2033) |
| H2 | 2.5% (2023 to 2033) |
| H1 | 2.3% (2024 to 2034) |
| H2 | 2.6% (2024 to 2034) |
Moving into the subsequent period, from H1 2024 to H2 2034, the CAGR is projected to decrease slightly to 2.3% in the first half and remain relatively moderate at 2.6% in the second half. In the first half (H1) the market witnessed a decrease of 40 BPS while in the second half (H2), the market witnessed an increase of 30 BPS.
Eco-Friendly Demand and Regulations Drive Adoption of Sustainable Laminated Paper
The demand in the flexible laminated paper market of Europe is being driven by growing consumer demand for eco-friendly packaging, as consumers increasingly look for products with reduced environmental impact. The region involves strict European regulations toward sustainable packaging, such as EU Circular Economy Action Plan to ensure all packaging is recyclable by 2030.
The regulatory authorities makes manufacturers aware of the benefits of flexible laminated paper and compel adopt these environmental standards because the material already is recyclable and biodegradable. Also, this material find a balance between functionality and environmental responsibility, thus ensuring that products are protected effectively through barrier layers.
Besides, better production technologies enhance the quality and performance of laminated paper, and thereby a material is firmly established as an alternative to traditional plastics.
Need for Enhanced Barrier Properties in Packaging Fuel Laminated Paper Sales
Demand for flexible laminated paper is increasing with enhanced barrier properties against moisture, oxygen, and light, which are critical in food as well as pharmaceutical industries. It protects the integrity of products and extends their shelf life since it guards against spoilage and waste. Flavor, texture, and nutritional value are required to be maintained for consumers demand as well as for the safety of food products.
In pharmaceuticals, it also protects drugs from environmental factors that could weaken the effect of a drug. Among many benefits attributed to flexible laminated paper is that it can be manufactured in many different forms, making it suitable for all kinds of applications. It's an ideal product for various industries where the durability and quality of a product are considered of the utmost importance.
Expensive Production of Flexible Laminated Paper Limits Growth
Flexible laminated paper is more expensive to produce than packaging materials made of plastic. This is partly because advanced technologies and eco-friendly materials are used in their manufacturing. These processes do result in large investments in the machinery and production techniques that translate into increasing the cost per unit. This may create further difficulties for manufacturers to offer competitive pricing, especially since there are enough cost-effective alternatives in the market.
The increased financial burden may thus discourage certain companies from switching over to flexible laminated paper, especially small-scale manufacturers who have limited budgets. Higher production costs may thus slow down the wide acceptance of flexible laminated paper.
Principal Consultant
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.
The Europe flexible laminated paper market has been growing significantly in historic period. This growth has been driven mainly by shifts into eco-friendly packaging and the growth in e-commerce with strong demand from the food and beverages industry. The issues faced in historic period was supply chain disruptions due to the COVID-19 pandemic and fluctuating raw material costs.
The market is estimated to grow in forecast period due to increased stringent regulations on environmental issues, the technological advancements, growing convenience foods, and e-commerce. The European Union's focus on plastic waste reduction and sustainability will further drive the transition towards paper-based packaging. Economic unrest and competition from other sustainable options such as biodegradable plastics will be some other potential challenges to overcome.
Demand for sustainability and effort in recyclable and biodegradable packaging are some of the high influencer factors that align with EU's efforts to reduce single-use plastics. As more and more focus is on using eco-friendly solutions, market sales will increase, as this material is in great demand. Advances in technology in lamination and barrier properties have made laminated paper flexible for the food, pharmaceutical, and personal care sectors.
In addition, growing consumer demand for sustainable packaging with rising demand for easy foods with a need for packaging that maintains freshness drives its growth further. Regulations including food safety also fuel demand for moisture-proof and hygienic packaging solutions. The foodservice expansion and rising consumer spending on packaged goods have further expanded the flexible laminated paper in Europe.
Tier 1 companies in the European flexible laminated paper industry include Amcor plc, Smurfit Kappa, Saica, UPM-Kymmene Corporation, Mondi, Constantia Flexibles, Huhtamäki Oyj a with market revenue above USD 30 million. These manufacturers are market leaders in flexible laminated paper within Europe having extensive production capacity, different product offerings, and extensive manufacturing expertise. These companies are capturing around 20% to 25% of Europe's market share in the flexible laminated paper industry.
Tier 2 of the Europe flexible laminated paper industry incorporates companies consist Coveris, H.B. Fuller Company, Tungate Group, InterFlex Group, Ströbel GmbH with revenue of USD 1 to 30 million. They have limited presence, and well-maintained knowledge but may not have expertise and advanced manufacturing technology.
Tier 3 category in the Europe flexible laminated paper market includes the small-scale players of the region with revenue below USD 1 million. These companies fulfil the local market demand and are recognized as an unorganized market. They have a country level presence, limited manufacturing facilities, and expertise in local market needs.
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The section below covers the future forecast for flexible laminated paper market in terms of countries.
| Countries | Value CAGR (2024 to 2034) |
|---|---|
| Germany | 3.0% |
| Poland | 3.8% |
| Italy | 1.5% |
| France | 3.2% |
| UK | 1.4% |
| Benelux | 4.2% |
Germany is anticipated to reach 21.4% of the value share of Europe in 2034 and create incremental growth opportunity worth USD 140.8 million during assessment period. As per the International Trade Administration, USA Department of Commerce, the market for e-commerce in Germany is expanding. The total sales of e-commerce in Germany was recorded as USD 141.2 billion in 2022 which is around 11% more growth as compared to 2021.
As e-commerce is rising, the need for a packaging solution that will protect the products and increase shelf appeal grows. Lightweight, flexibility, and environmentally friendly features of flexible laminated paper is aligning with consumer demand for green packaging. The increasing number of online shoppers who require customized secure packaging options creates a valuable impetus to the market growth.
Food and drink industry in United Kingdom is one of the largest manufacturing sector with USD 139.2 million turnover, as per the Food and Drink Federation report.
Flexible laminated paper demand is increasing with growing demand for safe, durable, and aesthetic packaging. Flexible laminated paper maintains the product integrity within the supply chain, consequently meeting the demand of consumers. The demand for flexible laminated paper in packaging solutions like pouches, wrappers, and bags is high due to its good barrier properties and shelf appeal.
Increasing trends towards sustainable packaging also support market growth as it is recyclable in nature. This further enhances the strength of the UK flexible laminated paper to grow in the future. United Kingdom is anticipated to gain USD 266.6 million in revenue in the assessment period.
The section contains information about the leading segments in the industry.
| Layer Type | Single-layer Laminates |
|---|---|
| Value CAGR (2034) | 2.8% |
Single layer laminates is leading in Europe flexible laminated paper market with more than 60% of value share during assessment period. Single layer laminates is more utilized due to its cost-effectiveness and easy manufacturing. 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.
Single-layer laminates are also easier to recycle as Europe continues to focus more on sustainability. Their applications, ranging from pouches, wrappers, and sachets support their usage in this wide variety of applications. Ecofriendly and affordability also makes them a preferred choice.
| Material | Kraft Paper |
|---|---|
| Value CAGR (2034) | 2.9% |
Kraft paper is one of the leading paper segments with an optimum growth rate and it is anticipated to generate USD 266 million in incremental revenue by end of 2034. Kraft paper is one of the leading segments in flexible laminated paper primarily because it is strong and quite hardy. Its natural, unbleached composition appeals to environmentally conscious consumers as well as brands keen on reducing their carbon footprint.
It is very versatile and therefore well suited to lamination with other materials to create moisture resistant and durable packaging solutions. It is recyclable and biodegradable which suits the present demand for sustainable packaging. These characteristics have driven its adoption in the market.
Key players of Europe flexible laminated paper industry are developing and launching new products in the market. They are integrating with different firms and extending their geographical presence. Few of them are also collaborating and partnering with local brands and start-up companies for new product development.
Key Developments in Flexible Laminated Paper Market:
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.
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.
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.
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.
Key countries of Europe such as Germany, Spain, France, Italy, UK, BENELUX, Nordic, Russia, Poland, Romania, Hungary, and Rest of Europe are covered.
The flexible laminated paper industry in Europe is projected to witness CAGR of 2.7% between 2024 and 2034.
The Europe flexible laminated paper industry stood at USD 1.7 billion in 2023.
Europe flexible laminated paper industry is anticipated to reach USD 2.3 billion by 2034 end.
Germany is set to record a CAGR of 3.0% in assessment period.
The key players operating in the Europe flexible laminated paper industry are Amcor plc, Smurfit Kappa, Saica, UPM-Kymmene Corporation, Mondi, Constantia Flexibles, Huhtamäki Oyj.
1. Executive Summary 2. Industry Introduction 2.1. Market Taxonomy 2.2. Market Definition 3. Market Trends and Success Factors 4. Market Background 4.1. Macro-economic and Industry Outlook 4.2. Market Dynamics 4.3. Value Chain Analysis 4.4. List of Key Market Participants (Manufacturers/Channel Partners) 4.5. Analysis of Key Industry Matrices 4.6. Industry Development Roadmap 5. Market Demand Analysis 2019 to 2023 and Forecast 2024 to 2034 5.1. Historical Market Volume Analysis 5.2. Future Market Volume Projections 6. Pricing Analysis 7. Market Value (USD) Analysis 2019 to 2023 and Forecast 2024 to 2034 7.1. Historical Sales Analysis 7.2. Future Market Size and Growth Projections 8. Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Material 8.1. Paper Type (Base Material) 8.1.1. Kraft Paper 8.1.2. Coated Paper 8.2. Lamination Material 8.2.1. Polyethylene (PE) 8.2.2. Polypropylene (PP) 8.2.3. Polyethylene Terephthalate (PET) 8.2.4. Ethylene Vinyl Alcohol (EVOH) 8.2.5. Bioplastics 8.2.6. Metallized Foils 9. Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Layer Type 9.1. Single-layer Laminates 9.1.1. Paper/PE 9.1.2. Paper/PET 9.1.3. Other 9.2. Multi-layer Laminates 9.2.1. Paper/Aluminium/PE 9.2.2. Paper/PET/Aluminium/PE 9.2.3. Other Complex Laminates 10. Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Application 10.1. Bags & Sacks 10.2. Pouches 10.3. Sachets 10.4. Wraps & Roll Stock 10.5. Trays 10.6. Blister Packs 10.7. Foodservice Disposables 10.8. Envelopes and Mailers 10.9. Stick packs 11. Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by End Use 11.1. Food 11.1.1. Bakery Products 11.1.2. Confectionaries / Chocolates 11.1.3. Tea & Coffee 11.1.4. Butter & Cheese 11.1.5. Baby Food 11.1.6. Chilled/Frozen Food 11.1.7. Others (Snacks, etc.) 11.2. Non-food 11.2.1. Healthcare & Pharmaceuticals 11.2.2. Beauty & Personal care 11.2.3. Homecare & Hygiene 11.2.4. Electrical & Electronics 11.2.5. Building Materials (Cement) 11.2.6. Agriculture & Allied 11.2.7. Chemical 11.2.8. Other Industrial 12. Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Country 12.1. Germany 12.2. France 12.3. Italy 12.4. UK 12.5. Spain 12.6. BENELUX 12.7. Nordic 12.8. Russia 12.9. Poland 12.10. Romania 12.11. Hungary 12.12. Rest of European Countries 13. Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Market and Country 14. Sales Analysis 2024 & 2034 by Key Market Segments for 30 Countries 15. Competition Outlook including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 16. Company Profile 16.1. Saica 16.2. Surepak 16.3. Tcl Packaging 16.4. Ströbel Gmbh 16.5. Tungate Group 16.6. Proampac Llc 16.7. Mondi Plc 16.8. Smurfit Kappa Group 16.9. Amcor Plc 16.10. Sealed Air Corp 16.11. Sonoco Products Company 16.12. Huhtamäki Oyj 16.13. Constantia Flexibles Group Gmbh 16.14. Coveris 16.15. Interflex Group 16.16. Billerud Ab 16.17. Oji Holdings Corp
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Flexible Laminated Paper Industry Analysis in Europe
