Press Releases

Duplex Paper for FMCG Market Size and CAGR Forecast

Duplex Paper for FMCG Market Size and Future Growth

The global duplex paper market for FMCG was valued at approximately USD 2.90 billion in 2023 and is anticipated to reach about USD 4.58 billion by 2034. This growth represents a compound annual growth rate (CAGR) of 4.25% during the forecast period from 2024 to 2034.

Download Statistical Data: https://www.towardspackaging.com/download-statistics/5339

Major Key Insights of the Duplex Paper for FMCG Market

  • Asia Pacific dominated the duplex paper for FMCG market in 2023.
  • North America is expected to grow at a significant rate in the market during the forecast period.
  • By type, the high-weight coated segment is expected to grow at significant rate during the forecast period.
  • By application, the food & beverages segment dominated the duplex paper for FMCG market in 2023.

Duplex Paper for FMCG Market: Assists in Versatile Packaging

Duplex paper in the context of FMCG (Fast-Moving Consumer Goods) is a type of paper that has a coated surface on one side and an uncoated surface on the other. This paper is often utilized for boxes, packaging, and labels due to its sturdy nature and ability to hold vibrant prints. The coated side supports for high-quality graphics, while the uncoated side can provide better adhesion for labels or other finishes. It’s popular in FMCG for developing appealing packaging that enhances product visibility and branding. The global packaging industry size is estimated to grow from USD 1.20 trillion in 2022 to reach an estimated USD 1.58 trillion by 2032, growing at a 3.16% CAGR between 2023 and 2032.

Duplex Paper for Consumer Goods: Manufacturing & Application

The duplex paper is available in various weights (measured in grams per square meter, or GSM), typically ranging from 200 to 400 GSM. The thickness offers durability for packaging. The coated finish allows for sharp, vibrant printing, making it suitable for high-quality graphics and text. The rigidity of duplex paper makes it suitable for structural applications like boxes and cartons, ensuring that products are well-protected during transport and storage.

It is often manufactured from recycled materials, duplex paper is an environmentally friendly option, appealing to sustainability-conscious brands and consumers. The duplex paper is extensively utilized in the FMCG sector for various packaging solutions such as boxes and cartons, labels and tags, for display packaging and for flexible packaging. In some cases, duplex paper can be used in combination with other materials to create flexible packaging solutions.

New Advancements in Duplex Paper for FMCG Industry

  • In October 2024, Nippon Paper Industries Co., Ltd., paper mill industry, signed NOTRAC Inc., a South Korean lifestyle brand operating company, Shampoos and body soaps made with SPOPS will be introduced to the South Korean market by 2024 under the “ECOJE” brand of UCL Co., Ltd., a South Korean cosmetics company, as the initial phase of this commercial expansion. Aside from that, other brands’ products are being prepared for release.
  • In September 2024, Subam Papers Limited, paper mill company based in Tamil Nadu, India, revealed its plans to go public through an Initial Public Offering (IPO), with the goal of raising up to Rs. 93.70 Cr (US$ 1.11416 Billion). Shares will be listed on the BSE SME platform. Up to 61,64,800 lakhs (US$ 73,303.8) equity shares, each with a face value of Rs. 10 (0.1S$), are up for grabs. The entire issue size (new issue) is 61,64,800 lakhs (US$ 73,303.8 Million) equity shares, which add up to (US$ 1.11416 Billion) 93.70 crore shares.

Duplex Paper for FMCG Market Key Players

  • Kimberly-Clark
  • Stora Enso
  • International Paper
  • The West Coast Paper Mills
  • Mangum Ventures
  • El-Salam Paper Mills
  • Sappi
  • Emami Paper Mills
  • Millennium Overseas
  • Hangzhou Gerson Paper
  • JK Pape
  • Monit Paper and Chemicals
  • Nippon Paper Industries
  • Qiongdao Sanshi Paper

Buy Premium Global Insight: https://www.towardspackaging.com/price/5339

Get the latest insights on packaging industry segmentation with our Annual Membership – https://www.towardspackaging.com/get-an-annual-membership

If you have any questions, please feel free to contact us at sales@towardspackaging.com

About Us

Towards Packaging is a leading global consulting firm specializing in providing comprehensive and strategic research solutions. With a highly skilled and experienced consultant team, we offer a wide range of services designed to empower businesses with valuable insights and actionable recommendations. We stay abreast of the latest industry trends and emerging markets to provide our clients with an unrivalled understanding of their respective sectors. We adhere to rigorous research methodologies, combining primary and secondary research to ensure accuracy and reliability. Our data-driven approach and advanced analytics enable us to unearth actionable insights and make informed recommendations. We are committed to delivering excellence in all our endeavours. Our dedication to quality and continuous improvement has earned us the trust and loyalty of clients worldwide.

Browse our Brand-New Journal:

https://www.towardshealthcare.com

https://www.towardsautomotive.com

For Latest Update Follow Us: https://www.linkedin.com/company/towards-packaging/

Get Our Freshly Printed Chronicle: https://www.packagingwebwire.com/

Get a Subscription – – https://www.towardspackaging.com/get-an-annual-membership With our commitment to delivering accurate and up-to-date data, our annual packages ensure continuous access to a wealth of valuable information.

 

Packaging Web Wire

Packaging Web Wire shines as a subsidiary of Towards Packaging, dedicated exclusively to this dynamic sector. With a focus on the intricacies and nuances of packaging, Packaging Web Wire harnesses our consultancy's extensive knowledge and experience to provide specialized research and analysis. Through our platform, businesses gain access to invaluable insights and strategies crafted to address the ever-evolving challenges and opportunities within the packaging landscape. Towards Packaging stands as a leading global consultancy, renowned for its expertise in delivering comprehensive and strategic research solutions across a multitude of industries. With a seasoned team of consultants, we specialize in offering a wide range of services aimed at providing businesses with actionable insights and recommendations tailored to their specific needs and objectives.

Recent Posts

Aluminum Tubes Market Growth, and Innovations in Sustainable Packaging Solutions

Aluminum Tubes Market Projected Growth and Trends from 2023 to 2034 The global aluminum tubes…

37 mins ago

Aseptic Packaging Market for Non-Carbonated Beverages Growth and Insights (2024-2033)

Aseptic Packaging for Non-Carbonated Beverages Market Companies and Growth Insights The global aseptic packaging in…

47 mins ago

Growth Drivers in the Blood Glucose Test Strip Packaging Market

Blood Glucose Test Strip Packaging Market: Companies, Growth, and Insights The global blood glucose test…

56 mins ago

Medical Flexible Packaging Market Size, Innovations, and Key Growth Insights

Growth and Key Companies in the Medical Flexible Packaging Market The medical flexible packaging market…

1 hour ago

Laminated Tubes Market Trends, Growth Drivers, and Technological Advancements

Laminated Tubes Market Overview Key Companies and Regional Expansion The global laminated tubes market was…

1 hour ago

Key Trends and Growth Drivers in the Old Corrugated Container Market

Old Corrugated Container Market Key Companies and Growth Forecast The global old corrugated containers market…

2 hours ago