Sale
Massive Discounts! Up to 30% OFF on reports🎉

Flute Market Size, Share, Industry, Forecast and outlook (2024-2031)

Published: September 2024 || SKU: CPG3193
excelpdfpowerpoint
180 pages
Report Summary
Table of Contents
List of Tables & Figures
Download Free Sample

Global Flute Market is segmented By Type (Microflute, Miniflute), By Printing Type (Corrugation, Lamination), By Production Method (Litho Printing, Flexo Printing, Gravure Printing), By Application (Bag-in-box, Multipack, Primary Pack, Shelf ready, Others), By End User (Food and Beverages, Consumer Electronics, Healthcare, Personal and Household Care, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2024-2031

 

Market Overview

Report on Global Flute by DataM Intelligence estimates the market to grow at a CAGR of 3.01% during the forecast period 2024-2031. Demand from packaging in food and beverage, healthcare, and consumer electronics in Asia Pacific is rising. The competitive rivalry intensifies with Heidelberger Druckmaschinen AG, Netpak Packaging Inc, Antalis Ltd and others operating in the market.

The material found between the carton box's liner boards is referred to as flute. The flute's architecture contributes to the carton's longevity and ability to withstand more strain. It has an effect on the ease at which the package dents and the height at which the boxes can be stacked for shipment. The flute thickness is crucial in assessing the strength of the carton box or shipping container. The thickness of most flutes used in packaging made by a regular flute lamination machine is about 0.25 mm. The global flute market is expected to grow with a CAGR of 3.01% during the forecast period, reaching USD xx billion in 2028. On the other hand, the global flute market volume is likely to reach USD 187.37 million tons in 2028, from its recorded volume of USD XX million tons in 2020. The growth of online and e-commerce sales in food and beverages, electronics, cosmetics and other key end-use industries of corrugated cardboard is another factor supporting the growth of the global flute market.

Market Scope

Metrics

Details

Market CAGR

3.01%

Segments Covered

By Type, By Printing Type, By Production Method, By Application, By End User and By Region

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights.

Fastest Growing Region

Asia Pacific

Largest Market Share 

Asia Pacific

 

To Get a Free Sample - Click here

 

Market Trends and Dynamics

Growing demand for sustainable packaging is expected to drive the global flute market

Economic growth, consumer trends, packaging technology and product branding, were the key trends shaping the global packaging industry. Consumers and manufacturers of goods are moving alike towards sustainable, economic and environmental packaging solutions. The rising demand for paper and cardboard packaging coupled with its economic and environmental benefits over other materials is the primary driver for the growth of the global flute market. Cardboard evolved as the most sustainable packaging solution over plastic, wood and metal. Also, corrugated cardboard made of layered flute offers high protection against mechanical impact, thus dominating the paper packaging products. Corrugated cardboard has been witnessing significant demand from the food and beverages industry owing to food safety, quality and hygiene that can be attained by corrugated cardboard.

According to research conducted by the University of Bologna in 2018, corrugated flute packaging is the most effective packaging material that offers food safety and prevents microbial infections. Corrugated containers also offer cushioning, ventilation and mechanical protection to support the transportation of fresh farm produce. Also, the growth of the processed food industry and foodservice sectors led to new growth avenues for the flute market. Pizza boxes, fruit and vegetable packages are the major applications of flutes in food and beverage packaging. Flute increases the durability of the cardboard carton and is widely in packaging applications across several other industries, including healthcare, personal care, textiles and small industrial supplies.

However, printing on corrugated cardboard is a complex process and is the primary concern in the use of fluted packaging solutions historically. Most of the flute sizes, including widely used B, C and E-flute, is not suitable for direct offset printing.

Market Segmentation Analysis

The microflute segment is expected to be the largest segment with a share of XX% during the forecast period.

The global flute market, on the basis of type, is segmented into the micro flute and mini flute. The micro flute segment held the largest share as of 2020. Microflutes are lightweight, durable corrugated boards with minimum thickness, made from a fluted corrugated sheet and one or two inner and outer sheets. The micro-flute packaging material can be cut or folded into any shape or size as per the design requirements. According to AICC (Association of Independent Corrugated Converters), micro-flute packaging makes up 5-7% of total US corrugated shipments. The demand for micro-flute packaging materials is anticipated to increase, supported by the growth of e-commerce packaging and food & beverage segments, with companies focused on expanding production capacities to meet the growing demand. For instance, in December 2017, DS Smith Plc opened a new PackRight Centre in Germany to develop innovative and creative display and packaging concepts and increase sales.

Market Geographical Share

The Asia Pacific is expected to dominate the global flute market

The Asia Pacific evolved as the largest regional market for flute market owing to the large-scale adoption of corrugated packaging in food and beverage, healthcare, consumer electronics and several other industries. The region accounted for 40% of the global flute sales revenue in 2020. The growing sales of electronic goods and home care products, rapidly surging e-commerce sales, developments in digital printing technologies, increasing interest in sustainable and convenient packaging are some of the factors leading to the growth of the corrugated packaging and flute market in the region. China is the single largest consumer of flute in the world accounting for XX% and XX% of global flute sales value and volume respectively in 2020. The second-largest corrugated box manufacturing industry is responsible for the continuous growth of flute consumption in the country. The corrugated box industry has become an integral part of manufacturing sectors that require reliable, sustainable and recyclable packaging.

Market Companies and Competitive Landscape:

The global flute market is fragmented, with key players dominating the market. Some of the prominent players of the global flute market include DS Smith, Heidelberger Druckmaschinen AG, Smurfit Kappa Group and Mayr-Melnhof Packaging, among others. The paper industry's highly competitive market and the presence of prominent players in the market drive the application area of packaging through speciality and other paper products. Moreover, various companies have been expanding their reach with the rise in manufacturing capabilities within Europe and abroad. For instance, in august 2020, Saica Group, the third-largest European producer of recycled paper for corrugated packaging, announced its plan to build a USD 72 million packaging plant outside of Cincinnati, Ohio.

COVID-19 Impact on Flute Market

The rise of COVID-19 had a negative impact on the global flute packaging market

The rise of COVID-19 had a negative impact on the global flute packaging market owing to uncertain demand from end-use industries, disruptions in raw material availability, supply chain disruptions and production halts in micro flute and corrugated carton production. The packaging industry has not been exempted under essential industries from lockdowns imposed, and production of packaging materials has significantly declined during the period. Also, reduced demand from end-use industries such as consumer electronics, textiles and office stationery owing to lower consumer demand during the pandemic led to declined sales of flute for corrugated packaging. Consumer spending on corrugated and micro flute packaging for consumer electronics, footwear and apparel is estimated to reduce by 34%, 47% and 50% respectively in the U.S. in 2020.

Why Purchase the Report?

  • Understand the current market scenario and viability of the global flute market over the forecast period
  • Visualize the composition of the global flute market in terms of type, printing type, production method, application and end-user to identify major players, growth potential, and market strategies
  • Identify the key regulations prevailing in the market and understand their impact on the market over the forecast period
  • Understand the key business factors such as market competition, product pricing, new product developments, and patent filings pertaining to the market

What we offer?

  • PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
  • Excel data sheet with valuable data points of the global flute market – Regional and Country level segmentation
  • Product mapping in excel for the key products of all major market players
  • Market Share Analysis covering business revenues ($) and revenue share (%) of key market players

Target Audience:

  • Packaging Companies
  • Food and Beverage Manufacturers
  • Cosmetic Companies
  • Industry Investors/Investment Bankers
  • Education & Research Institutes
  • Research Professionals

Trending Reports:

Body Masks Market

Disposable Slippers Market

Buy this report
Single User
$4350
Multiple User
$4850
Enterprise User
$7850
Proceed to Buy
  Get Free Sample
  Request new version
  Customize Sample
  Demo Full Report
FAQ’s

  • The Flute Market is expected to grow at a CAGR of 3.01% during the forecast period 2024-2031.

  • Major players are DS Smith Plc, Heidelberger Druckmaschinen AG, Independent Corrugator Inc., Mayr-Melnhof Packaging International GmbH, Netpak Packaging Inc, Smurfit Kappa Group plc, Acme Corrugated Box Co., Inc, Van Genechten Packaging N.V, Packaging Corporation of America and Antalis Ltd.

  • Asia Pacific is the Largest Market Share in the Flute Market.

  • The segments are By Type, By Printing Type, By Production Method, By Application, By End User and By Region.
Related Reports
consumer-packaged-goods iconconsumer-packaged-goods

Wet Wipes Market Size, Share, Industry, Forecast and outlook (2024-2031)

Published: 2023 December 27

Starting from

$4350

consumer-packaged-goods iconconsumer-packaged-goods

Zero Waste Shampoo Market Size, Share, Industry, Forecast and outlook (2024-2031)

Published: 2024 July 29

Starting from

$4350

consumer-packaged-goods iconconsumer-packaged-goods

Tea-based Skin Care Market Size, Share, Industry, Forecast and outlook (2024-2031)

Published: 2023 October 06

Starting from

$4350

consumer-packaged-goods iconconsumer-packaged-goods

Probiotic Cosmetic Products Market Size, Share, Industry, Forecast and outlook (2024-2031)

Published: 2023 October 03

Starting from

$4350

consumer-packaged-goods iconconsumer-packaged-goods

Seaweed Snacks Market Size, Share, Industry, Forecast and outlook (2024-2031)

Published: 2024 September 25

Starting from

$4350

consumer-packaged-goods iconconsumer-packaged-goods

Pore Strips Market Size, Share, Industry, Forecast and outlook (2024-2031)

Published: 2023 November 01

Starting from

$4350