The Europe barrier coated flexible paper packaging market size was exhibited at USD 280.90 million in 2022 and is projected to hit around USD 436.23 million by 2032, growing at a CAGR of 4.5% during the forecast period 2023 to 2032.
Flourishing eCommerce Platforms Fuels Market Growth
Europe eCommerce sector has experienced significant market growth is the past couple of years, and likely to enjoy the same in the upcoming years. Shifting inclination toward online shopping among millennials has boosted the economic growth of the eCommerce sector and uplifted the sales of paper based packaging solutions.
Barrier coated flexible paper packaging solutions are predominantly used to pack and ship a wide range of industrial and non-industrial goods. Players operating in the eCommerce market is using this barrier coated flexible paper packaging as an effective marketing tool.
Barrier coated flexible paper packaging is witnessing consistent demand from the eCommerce sector, as it provides exceptional resistant against spoilage, damage, and wear-and-tear. All these factors are projected to fuel the barrier coated flexible paper packaging market growth during the forecast period.
Rise in Demand for Solvent and Water-based Coatings Bolsters Sales
Solvent and water-based coatings are extensively used as coatings on paper are used in specialty and consumer goods applications. These coatings can withstand high temperature, and possess better gas and moisture properties.
Solvent and water-based coatings are relatively cost-efficient and readily available. Hence, they are used in large quantities in packaging. Moreover, these coatings, especially water-based coatings, are biodegradable, which help in reducing the impact of environmental damage. All these factors are being recognized by packaging manufacturers, which results in high production of solvent and water-based coated paper packaging solutions.
Barrier Coated Flexible Paper Packaging Market Report Scope
Report Coverage |
Details |
Market Size in 2023 |
USD 293.54 million |
Market Size by 2032 |
USD 436.23 million |
Growth Rate from 2023 to 2032 |
CAGR of 4.5 % |
Base year |
2022 |
Forecast period |
2023 to 2032 |
Segments covered |
Coating Type, Application, End Use |
Regional scope |
Europe |
Key companies profiled |
Dow Chemical Company, UPM-Kymmene Oyj., Ahlstrom-Munksjö Oyj, BASF SE, Mitsubishi Paper Mills Limited, WestRock Company Billerudkorsnas AB, Sappi Ltd, Stora Enso Oyj., Mondi Plc., and Nippon Paper Industries Co., Ltd |
Printing Availability on Barrier Coated Flexible Paper Packaging Supplement Sales
Leading brand owners from food, pharmaceutical, and electronics sectors are using printed and laminated barrier coated flexible paper packaging solutions for effective promotion of a wide range of food and non-food items. Incorporation of printing options such as digital and inkjet printing in barrier coated flexible paper packaging enable brand owners to differentiate their products from competitor’s products already available in the market.
Furthermore, printing on barrier coated flexible paper packaging enhance the look of the product, provide required information about the food and pharmaceuticals products, and gain attention of consumer towards the product. Rising usage of such printed barrier coated flexible paper packaging by industry players to attract major portion of the customers is driving the market growth substantially.
Europe Barrier Coated Flexible Paper Packaging Market: Key Findings
As per coating type, water-based coating (Dispersion) segment is anticipated to emerge as the most lucrative segment among others. The target segment is projected to hold approximately 2/4th portion of the market share by the end of 2030. Owing to its high strength barrier coating and excellent resistant against moisture, the target segment is projected to gain significant momentum during the foreseeable future.
Based on end use, the food segment is expected to generate mammoth demand for barrier coated flexible paper packaging. The target segment is anticipated to offer total incremental opportunity of US$ 20.2 Mn over the next five years, and likely to expand 1.1 times to its market value during the next eight years.
Germany is expected to hold significant market share during the forecast period. Increasing manufacturing activities and expanding food industry are driving this growth. Furthermore, lucrative growth opportunities for key players are expected in France and the U.K. These markets are forecast to create cumulative incremental opportunity of US$ 25.9 Mn by the end of 2030.
Barrier coated flexible paper is mostly preferred in packaging application over printing. Therefore, this segment is expected to increase at a growth rate of 3.8% during the forecast period.
Certified Hot, Cold Sealable Coatings for Paper Bolster Company Credibility
There is an increased hype for sustainable and recyclable materials in the Europe barrier coated flexible paper packaging market. However, such solutions need to undergo rigorous tests and approvals from regulatory authorities. Hence, manufacturers should increase their investments in R&D activities to innovate in sustainable and recyclable materials. For instance, Henkel is found in many talks for its hot- and cold-sealable coatings for paper that are certified for paper recycling.
Companies in the Europe barrier coated flexible paper packaging market are focusing on developing adhesives and coatings that help to improve the recyclability of paper packaging solutions whilst replacing plastic packaging.
Renewed Focus on Waste Reduction, Sustainability Boosts Market Growth
The enhancing sustainability in packaging materials has become a key focus point for stakeholders in the Europe barrier coated flexible paper packaging market. The ever-evolving consumer packaging industry is witnessing growing consciousness for sustainable solutions and is facing regulatory pressures. Hence, manufacturers are offering its product portfolio in eco-friendly, compostable, and recyclable heat seal barrier coatings that are compatible with stand-up pouch paper packaging.
Water-based Dispersions, Bio-based Materials Replace Extruded, Laminated Films
For package materials that are composed of paper, assuring that the package is resistant to moisture, oil, and grease can be potentially challenging. Companies in the Europe barrier coated flexible paper packaging market are seen to take a step further in water-based coatings for paper-based packaging to minimize the use of conventional coextruded or laminated polymeric films such as polyethylene.
Compared to an extruded polyolefin heat seal layer, a heat sealable coating made from water-based dispersions are enabling thinner coatings, less capital investment, and reduced material usage. Companies in the Europe barrier coated flexible paper packaging market have fixed their goal to minimize the use of extruded or laminated films and replace them with bio-based materials in paper and boardstock solutions.
Well-engineered Paper Packaging Reduces Reliance for Materials Based on Fossil Fuels
Manufacturers are boosting their output capacities in flexible packaging designed for recycling. Huhtamäki Oyj - a global food packaging specialist, headquartered in Espoo, Finland, is gaining recognition for its new blueloop™ paper solutions that are made from renewable raw materials and compounded with recycling capabilities. In order to gain a competitive edge in the Europe barrier coated flexible paper packaging market, companies are collaborating with sustainability experts and technical advisors to enable packaging designs for recycling.
Market understanding and experience are playing a key role in innovations in recyclable and renewable barrier coated flexible paper packaging solutions. Companies are producing well-engineered paper-based flexible packaging that reduces reliance on materials based on fossil fuels.
Some of the prominent players in the Barrier Coated Flexible Paper Packaging Market include:
Segments Covered in the Report
This report forecasts revenue growth at country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2032. For this study, Nova one advisor, Inc. has segmented the Europe barrier coated flexible paper packaging market.
Barrier Coated Flexible Paper Packaging Market by Coating Type
Barrier Coated Flexible Paper Packaging Market by Application
Barrier Coated Flexible Paper Packaging Market by End Use
By Region