Market Overview:
The global micro flute paper market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for corrugated packaging from various end-use industries, such as transportation and logistics, food and drinks, and other applications. In terms of type, the corrugated tray segment is expected to lead the global micro flute paper market during the forecast period owing to its growing demand from end-use industries for packaging products. The Asia Pacific region is projected to be fastest-growing region in terms of revenue during the forecast period.
Product Definition:
Micro Flute Paper is a type of paper that is used for printing and copying. The paper has a very smooth surface and is able to handle high-quality images.
Corrugated Tray:
Corrugated tray is a container made of corrugated board. It is mainly used for packaging and shipping products in the food industry such as meat, fish, bakery products and confectionery among others. The market for micro flute paper (MFP) in China was estimated at USD 1.5 billion in 2016 which has been witnessing growth over the past few years on account of increasing demand from various end-use industries including food & beverages and pharmaceuticals among others.
Corrugated Folding Carton:
Corrugated folding carton is a paperboard container that is manufactured using corrugated sheet material. The basic structure of the corrugated folding carton comprises of four layers, namely; an inner layer made up of polypropylene or high-density polyethylene and an outer layer made up of Kraft paperboard. A middle plywood layer makes the overall structure rigid and also provides rigidity to the front and back panels.
Application Insights:
The transportation and logistics application segment accounted for the largest share of over 30.0% in 2017. The growth can be attributed to the increasing use of micro flute paper packaging products in various industries such as food and drinks, pharmaceuticals, cosmetics, etc. In addition, growing e-commerce industry has fueled the demand for these products which is expected to boost market growth over the forecast period.
Micro flute paper is used to make plates look attractive when they are delivered through door-to-door delivery services or restaurants that offer takeout meals on a daily basis due to its aesthetic appeal along with ease of handling and storage at same time maintaining hygiene conditions inside containers or boxes used by consumers for food items such as plates utensils silverware cups napkins among others thereby contributing toward overall market growth during the estimated period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, Indonesia and Vietnam. Increasing population in these countries has resulted in an increasing number of consumers looking for packaged food products such as sandwiches, burgers and hot dogs. This trend is projected to drive demand for micro flute paper packaging solutions across Asia Pacific over the next eight years.
Europe accounted for a significant share of revenue generated by North America market on account of high demand from transportation.
Growth Factors:
- Increasing demand from packaging and printing industries for lightweight, high-quality paper products
- Rising disposable income of consumers in developing countries, which is driving demand for premium paper products
- Proliferation of digital media and the increasing popularity of online shopping, which is boosting demand for lightweight paper products that can be easily shipped
- Growing awareness among consumers about the environmental benefits of using recycled paper products
- Technological advancements that are resulting in the development of new and innovative types of micro flute paper
Scope Of The Report
Report Attributes
Report Details
Report Title
Micro Flute Paper Market Research Report
By Type
Corrugated Tray, Corrugated Folding Carton, Corrugated Pot, Other
By Application
Transportation and Logistics, Food and Drinks, Other
By Companies
Novolex Holdings, DS Smith Plc, Olmuksan International Paper, Stora Enso, WestRock Paper Llc
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Micro Flute Paper Market Report Segments:
The global Micro Flute Paper market is segmented on the basis of:
Types
Corrugated Tray, Corrugated Folding Carton, Corrugated Pot, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Transportation and Logistics, Food and Drinks, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Novolex Holdings
- DS Smith Plc
- Olmuksan International Paper
- Stora Enso
- WestRock Paper Llc
Highlights of The Micro Flute Paper Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Corrugated Tray
- Corrugated Folding Carton
- Corrugated Pot
- Other
- By Application:
- Transportation and Logistics
- Food and Drinks
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Micro Flute Paper Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Micro Flute Paper is a type of paper that is made specifically for use in microfluidics. It has small holes that allow fluids to flow through it easily, which makes it ideal for use in devices such as lab-on-a-chip systems and microfluidic pumps.
Some of the major companies in the micro flute paper market are Novolex Holdings, DS Smith Plc, Olmuksan International Paper, Stora Enso, WestRock Paper Llc.
The micro flute paper market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Micro Flute Paper Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Micro Flute Paper Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Micro Flute Paper Market - Supply Chain
4.5. Global Micro Flute Paper Market Forecast
4.5.1. Micro Flute Paper Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Micro Flute Paper Market Size (000 Units) and Y-o-Y Growth
4.5.3. Micro Flute Paper Market Absolute $ Opportunity
5. Global Micro Flute Paper Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Micro Flute Paper Market Size and Volume Forecast by Type
5.3.1. Corrugated Tray
5.3.2. Corrugated Folding Carton
5.3.3. Corrugated Pot
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Micro Flute Paper Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Micro Flute Paper Market Size and Volume Forecast by Application
6.3.1. Transportation and Logistics
6.3.2. Food and Drinks
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Micro Flute Paper Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Micro Flute Paper Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Micro Flute Paper Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Micro Flute Paper Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Micro Flute Paper Demand Share Forecast, 2019-2026
9. North America Micro Flute Paper Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Micro Flute Paper Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Micro Flute Paper Market Size and Volume Forecast by Application
9.4.1. Transportation and Logistics
9.4.2. Food and Drinks
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Micro Flute Paper Market Size and Volume Forecast by Type
9.7.1. Corrugated Tray
9.7.2. Corrugated Folding Carton
9.7.3. Corrugated Pot
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Micro Flute Paper Demand Share Forecast, 2019-2026
10. Latin America Micro Flute Paper Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Micro Flute Paper Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Micro Flute Paper Market Size and Volume Forecast by Application
10.4.1. Transportation and Logistics
10.4.2. Food and Drinks
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Micro Flute Paper Market Size and Volume Forecast by Type
10.7.1. Corrugated Tray
10.7.2. Corrugated Folding Carton
10.7.3. Corrugated Pot
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Micro Flute Paper Demand Share Forecast, 2019-2026
11. Europe Micro Flute Paper Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Micro Flute Paper Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Micro Flute Paper Market Size and Volume Forecast by Application
11.4.1. Transportation and Logistics
11.4.2. Food and Drinks
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Micro Flute Paper Market Size and Volume Forecast by Type
11.7.1. Corrugated Tray
11.7.2. Corrugated Folding Carton
11.7.3. Corrugated Pot
11.7.4. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Micro Flute Paper Demand Share, 2019-2026
12. Asia Pacific Micro Flute Paper Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Micro Flute Paper Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Micro Flute Paper Market Size and Volume Forecast by Application
12.4.1. Transportation and Logistics
12.4.2. Food and Drinks
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Micro Flute Paper Market Size and Volume Forecast by Type
12.7.1. Corrugated Tray
12.7.2. Corrugated Folding Carton
12.7.3. Corrugated Pot
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Micro Flute Paper Demand Share, 2019-2026
13. Middle East & Africa Micro Flute Paper Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Micro Flute Paper Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Micro Flute Paper Market Size and Volume Forecast by Application
13.4.1. Transportation and Logistics
13.4.2. Food and Drinks
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Micro Flute Paper Market Size and Volume Forecast by Type
13.7.1. Corrugated Tray
13.7.2. Corrugated Folding Carton
13.7.3. Corrugated Pot
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Micro Flute Paper Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Micro Flute Paper Market: Market Share Analysis
14.2. Micro Flute Paper Distributors and Customers
14.3. Micro Flute Paper Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Novolex Holdings
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. DS Smith Plc
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Olmuksan International Paper
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Stora Enso
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. WestRock Paper Llc
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
