ACCESS Newswire
25 Mar 2020, 19:19 GMT+10
Transition by the retail industry towards packaging innovation activities to cut down on material costs is a key factor contributing to value creation for the micro flute paper industry.
DUBAI, UAE / ACCESSWIRE / March 25, 2020 / The micro flute paper market is projected to attain a revenue pool of US$ 3Bn by 2024 during the forecast period (2019-2029). A significant increase in demand for lightweight and cost effective shelf ready packaging is a predominant factor driving the sales of micro flute paper. Sustainability initiatives by end user industries is positively impacting the demand for anti-flute paper products, and will continue to sustain strong growth, reveals Future Market Insights (FMI), in its new study.
'Packaging converters are innovating by combining different types of micro flute paper to reduce transportation cost. Combinations such as EE flute offers aesthetic appearance, better printing capability than other flutes,' says the FMI study.
Request PDF Sample of the 170-page report on the micro flute paper market https://www.futuremarketinsights.com/reports/sample/rep-gb-9965
Micro Flute Paper Market - Key Takeaways
Micro flute paper Market - Key Driving Factors
Micro flute paper Market - Key Constraint
Explore 44 tables, 43 figures of the study. Request TOC of the report at https://www.futuremarketinsights.com/askus/rep-gb-9965
Competition Landscape
Key players in the micro flute paper market are DS Smith Plc, CartonHub, Smurfit Kappa Group, GWP Group Ltd., Mayr-Melnhof Packaging, Independent Corrugator Inc., Stora Enso Oyj, Al Kifah Paper Products Company, WestRock Company, KRPA Holding CZ, Novolex Holdings Inc., Netpak, Acme Corrugated Box Co. Inc., Braepac Packaging, and Cascades Sonoco Inc. Majority of these players are investing in product development efforts to effectively replace wax coated packaging. Moreover, research on weight reduction is a key strategy by leaders to stay ahead of their competitors.
More About the Report
FMI's market research report of 300 pages offers comprehensive insights on micro flute paper market. The market is analyzed on the basis of product type (E Flute, F Flute, N Flute, and D Flute), basis weight (up to 100 GSM, 100 to 175 GSM, 175 to 250 GSM, above 250 GSM), material (virgin and recycled), and end use (food & beverages, medical & pharmaceuticals, personal care, consumer durable electronics goods, and others) across seven key regions (North America, Latin America, Europe, East Asia, South Asia, Oceania and MEA).
Explore Extensive Coverage of FMI's Packaging Landscape
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About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition.
Contact
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Jumeirah Lakes Towers, Dubai,
United Arab Emirates
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Market Report: https://www.futuremarketinsights.com/reports/micro-flute-paper-market
Press Release Source: https://www.futuremarketinsights.com/press-release/micro-flute-paper-market
SOURCE: Future Market Insights
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