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.
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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.
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.
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