Micro Flute Paper Market Industry Outlook, Opportunities in Market And Expansion By 2033 | Smurfit Kappa Group, Van Genechten Packaging, Stora Enso Oyj, Netpak Packaging Inc., WestRock Company

Overview and Scope
The micro-flute paper refers to fluted corrugated sheets with one or two flat liner board sheets. It is available in different wall thicknesses and is used as a secure and hygienic material for food packaging in the food and beverages sector.

Sizing and Forecast
The micro flute paper market size has grown strongly in recent years. It will grow from $3.61 billion in 2023 to $3.85 billion in 2024 at a compound annual growth rate (CAGR) of 6.6%. The growth in the historic period can be attributed to increased packaging industry trends, changing consumer preferences, supply chain efficiencies, retailer requirements, environmental awareness..

The micro flute paper market size is expected to see strong growth in the next few years. It will grow to $4.81 billion in 2028 at a compound annual growth rate (CAGR) of 5.7%. The growth in the forecast period can be attributed to e-commerce expansion, customization trends, regulatory emphasis on sustainability, brand image enhancement, cost-effective packaging solutions.. Major trends in the forecast period include focus on lightweighting and material efficiency, expansion of product offerings, digitalization in printing processes, regulatory compliance and certification, collaboration for sustainable supply chains..

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Segmentation & Regional Insights
The micro flute paper market covered in this report is segmented –
1) By Flute Type: A-Flute, B-Flute, C-Flute, E-Flute, F-Flute, Other Flute Types
2) By Material: Recycled, Virgin
3) By Basis Weight: Up To 100 GSM, 100 To 175 GSM, 175 To 250 GSM, Above 250 GSM
4) By End-User: Food And Beverages, Consumer Electronics, Healthcare, Personal And Household Care, Other End Users

Top 5 Major Players:

• Smurfit Kappa Group,
• Van Genechten Packaging,
• Stora Enso Oyj,
• Netpak Packaging Inc.,
• WestRock Company,

 

Asia-Pacific was the largest region in the micro flute paper market in 2023. The regions covered in the micro flute paper market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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Major Driver Impacting Market Growth
The expansion of e-commerce is expected to propel the growth of the micro flute paper market going forward. E-commerce refers to buying and selling goods and services over the internet. Micro flute paper is used as a packaging solution in the e-commerce sector for various packaging formats, including corrugated trays, folding cartons, and other types of packaging. Hence, the expansion of e-commerce increases the demand for the micro flute paper market. For instance, in February 2023, according to a report published by the U.S. Census Bureau, a division of the United States Department of Commerce, in the fourth quarter of 2022, the estimated retail e-commerce sales in the United States reached $299.1 billion, indicating a 4.1% growth from the previous quarter. Further, the fourth quarter of 2022 reported a 6.2% increase in e-commerce sales compared to the same period in 2021. Therefore, the rise in e-commerce is driving the growth of the micro flute paper market.

Key Industry Players
Major companies operating in the micro flute paper market report are Smurfit Kappa Group, Van Genechten Packaging, Stora Enso Oyj, Netpak Packaging Inc, WestRock Company, Novolex Holdings, DS Smith Plc, Mayr-Melnhof Packaging International GmbH, Cascades Sonoco, Mondi Group, Shanghai DE Printed Box, International Paper Company, Nine Dragons Paper (Holdings) Limited, Georgia-Pacific LLC, Oji Holdings Corporation, Lee & Man Paper Manufacturing Ltd., Nippon Paper Industries Co. Ltd., Shandong Bohui Paper Industry Co. Ltd., Vinda International Holdings Limited, Shenzhen YUTO Packaging Technology Co. Ltd., Rengo Co. Ltd., Grigeo AB, Honeywell International Inc, Sonoco Products Company, Dingxin Group Co. Ltd., Prowell Paper LLC, Guangzhou Huatian Paper Co. Ltd., Horizon Pulp & Paper Ltd., Cheng Loong Corp., Evergreen Packaging Inc., Kishu Paper Co. Ltd., Cartiere del Garda S.p.A., Visy Industries

The micro flute paper market report table of contents includes:
1. Executive Summary
2. Micro Flute Paper Market Characteristics
3. Micro Flute Paper Market Trends And Strategies
4. Micro Flute Paper Market – Macro Economic Scenario
5. Global Micro Flute Paper Market Size and Growth

….

31. Global Micro Flute Paper Market Competitive Benchmarking
32. Global Micro Flute Paper Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Micro Flute Paper Market
34. Micro Flute Paper Market Future Outlook and Potential Analysis
35. Appendix

List Of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Micro Flute Paper Market, Segmentation By Flute Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Micro Flute Paper Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Micro Flute Paper Market, Segmentation By Basis Weight, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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Table 75: Smurfit Kappa Group Financial Performance
Table 76: Van Genechten Packaging Financial Performance
Table 77: Stora Enso Oyj Financial Performance
Table 78: Netpak Packaging Inc Financial Performance
Table 79: WestRock Company Financial Performance

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