Flexible Paper Packaging Market Status and Trend Analysis 2017-2026 (COVID-19 Version)

Report ID: 53542 | Published Date: Feb 2026 | No. of Page: 144 | Base Year: 2025 | Rating: 4.6 | Webstory: Check our Web story
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Impact of U.S Tarrifs Analyzed 2025 

Table of Contents
1  RESEARCH SCOPE
    1.1 Research Product Definition
    1.2 Research Segmentation
        1.2.1 Product Type
        1.2.2 Main product Type of Major Players
    1.3 Demand Overview
    1.4 Research Methodology
2 GLOBAL FLEXIBLE PAPER PACKAGING INDUSTRY
    2.1 Summary about Flexible Paper Packaging Industry
    2.2 Flexible Paper Packaging Market Trends
        2.2.1 Flexible Paper Packaging Production & Consumption Trends
        2.2.2 Flexible Paper Packaging Demand Structure Trends
    2.3 Flexible Paper Packaging Cost & Price
3  MARKET DYNAMICS
    3.1 Manufacturing & Purchasing Behavior in 2020
    3.2 Market Development under the Impact of COVID-19
        3.2.1 Drivers
        3.2.2 Restraints
        3.2.3 Opportunity
        3.2.4 Risk
4  GLOBAL MARKET SEGMENTATION
    4.1 Region Segmentation (2017 to 2021f)
        4.1.1 North America (U.S., Canada and Mexico)
        4.1.2 Europe (Germany, UK, France, Italy, Rest of Europe)
        4.1.3 Asia-Pacific (China, India, Japan, South Korea, Southeast Asia, Australia, Rest of Asia Pacific)
        4.1.4 South America (Brazil,, Argentina, Rest of Latin America)
        4.1.5 Middle East and Africa (GCC, North Africa, South Africa, Rest of Middle East and Africa)
    4.2 Product Type Segmentation (2017 to 2021f)
        4.2.1 Uncoated Kraft Paper
        4.2.2 Sack Kraft Paper
        4.2.3 Gift Wraps
        4.2.4 Coater Kraft Paper
    4.3 Consumption Segmentation (2017 to 2021f)
        4.3.1 Food and Beverage
        4.3.2 Industrial Goods
        4.3.3 Personal Care
        4.3.4 Others
5  NORTH AMERICA MARKET SEGMENT
    5.1 Region Segmentation (2017 to 2021f)
        5.1.1 U.S.
        5.1.2 Canada
        5.1.3 Mexico
    5.2 Product Type Segmentation (2017 to 2021f)
        5.2.1 Uncoated Kraft Paper
        5.2.2 Sack Kraft Paper
        5.2.3 Gift Wraps
        5.2.4 Coater Kraft Paper
    5.3 Consumption Segmentation (2017 to 2021f)
        5.3.1 Food and Beverage
        5.3.2 Industrial Goods
        5.3.3 Personal Care
        5.3.4 Others
    5.4 Impact of COVID-19 in North America
6  EUROPE MARKET SEGMENTATION
    6.1 Region Segmentation (2017 to 2021f)
        6.1.1 Germany
        6.1.2 UK
        6.1.3 France
        6.1.4 Italy
        6.1.5 Rest of Europe
    6.2 Product Type Segmentation (2017 to 2021f)
        6.2.1 Uncoated Kraft Paper
        6.2.2 Sack Kraft Paper
        6.2.3 Gift Wraps
        6.2.4 Coater Kraft Paper
    6.3 Consumption Segmentation (2017 to 2021f)
        6.3.1 Food and Beverage
        6.3.2 Industrial Goods
        6.3.3 Personal Care
        6.3.4 Others
    6.4  Impact of COVID-19 in Europe
7  ASIA-PACIFIC MARKET SEGMENTATION
    7.1 Region Segmentation (2017 to 2021f)
        7.1.1 China
        7.1.2 India
        7.1.3 Japan
        7.1.4 South Korea
        7.1.5 Southeast Asia
        7.1.6 Australia
        7.1.7 Rest of Asia Pacific
    7.2 Product Type Segmentation (2017 to 2021f)
        7.2.1 Uncoated Kraft Paper
        7.2.2 Sack Kraft Paper
        7.2.3 Gift Wraps
        7.2.4 Coater Kraft Paper
    7.3 Consumption Segmentation (2017 to 2021f)
        7.3.1 Food and Beverage
        7.3.2 Industrial Goods
        7.3.3 Personal Care
        7.3.4 Others
    7.4  Impact of COVID-19 in Europe
8  SOUTH AMERICA MARKET SEGMENTATION
    8.1 Region Segmentation (2017 to 2021f)
        8.1.1 Brazil
        8.1.2 Argentina
        8.1.3 Rest of Latin America
    8.2 Product Type Segmentation (2017 to 2021f)
        8.2.1 Uncoated Kraft Paper
        8.2.2 Sack Kraft Paper
        8.2.3 Gift Wraps
        8.2.4 Coater Kraft Paper
    8.3 Consumption Segmentation (2017 to 2021f)
        8.3.1 Food and Beverage
        8.3.2 Industrial Goods
        8.3.3 Personal Care
        8.3.4 Others
    8.4  Impact of COVID-19 in Europe
9  MIDDLE EAST AND AFRICA MARKET SEGMENTATION
    9.1 Region Segmentation (2017 to 2021f)
        9.1.1 GCC
        9.1.2 North Africa
        9.1.3 South Africa
        9.1.4 Rest of Middle East and Africa
    9.2 Product Type Segmentation (2017 to 2021f)
        9.2.1 Uncoated Kraft Paper
        9.2.2 Sack Kraft Paper
        9.2.3 Gift Wraps
        9.2.4 Coater Kraft Paper
    9.3 Consumption Segmentation (2017 to 2021f)
        9.3.1 Food and Beverage
        9.3.2 Industrial Goods
        9.3.3 Personal Care
        9.3.4 Others
    9.4  Impact of COVID-19 in Europe
10 COMPETITION OF MAJOR PLAYERS
    10.1 Brief Introduction of Major Players
        10.1.1 American Packaging
        10.1.2 International Paper
        10.1.3 Sonoco
        10.1.4 Bates Container
        10.1.5 Evergreen Packaging
        10.1.6 Caraustar
        10.1.7 Accord Carton
        10.1.8 Artistic Carton
        10.1.9 Dunapack Packaging
        10.1.10 Green Bay Packaging
        10.1.11 Buckeye Corrugated
        10.1.12 Keystone Paper
        10.1.13 Cascades Boxboard Group
        10.1.14 Emin Leydier
        10.1.15 Diamond Packaging
        10.1.16 KapStone
        10.1.17 Great Little Box
        10.1.18 Curtis Packaging
        10.1.19 Mondi Group
        10.1.20 Clarasion Enterprises
        10.1.21 Green Printing & Packaging
        10.1.22 Induspac
        10.1.23 Innovative Systems Group
        10.1.24 Interstate Resources
    10.2  Flexible Paper Packaging Sales Date of Major Players (2017-2020e)
        10.2.1 American Packaging
        10.2.2 International Paper
        10.2.3 Sonoco
        10.2.4 Bates Container
        10.2.5 Evergreen Packaging
        10.2.6 Caraustar
        10.2.7 Accord Carton
        10.2.8 Artistic Carton
        10.2.9 Dunapack Packaging
        10.2.10 Green Bay Packaging
        10.2.11 Buckeye Corrugated
        10.2.12 Keystone Paper
        10.2.13 Cascades Boxboard Group
        10.2.14 Emin Leydier
        10.2.15 Diamond Packaging
        10.2.16 KapStone
        10.2.17 Great Little Box
        10.2.18 Curtis Packaging
        10.2.19 Mondi Group
        10.2.20 Clarasion Enterprises
        10.2.21 Green Printing & Packaging
        10.2.22 Induspac
        10.2.23 Innovative Systems Group
        10.2.24 Interstate Resources
    10.3  Market Distribution of Major Players
    10.4 Global Competition Segmentation
11  MARKET FORECAST
    11.1  Forecast by Region
    11.2  Forecast by Demand
    11.3  Environment Forecast
        11.3.1  Impact of COVID-19
        11.3.2  Geopolitics Overview
        11.3.3  Economic Overview of Major Countries
12  REPORT SUMMARY STATEMENT
List of Table
Table Flexible Paper Packaging Product Type Overview
Table Flexible Paper Packaging Product Type Market Share List
Table Flexible Paper Packaging Product Type of Major Players
Table Brief Introduction of American Packaging
Table Brief Introduction of International Paper
Table Brief Introduction of Sonoco
Table Brief Introduction of Bates Container
Table Brief Introduction of Evergreen Packaging
Table Brief Introduction of Caraustar
Table Brief Introduction of Accord Carton
Table Brief Introduction of Artistic Carton
Table Brief Introduction of Dunapack Packaging
Table Brief Introduction of Green Bay Packaging
Table Brief Introduction of Buckeye Corrugated
Table Brief Introduction of Keystone Paper
Table Brief Introduction of Cascades Boxboard Group
Table Brief Introduction of Emin Leydier
Table Brief Introduction of Diamond Packaging
Table Brief Introduction of KapStone
Table Brief Introduction of Great Little Box
Table Brief Introduction of Curtis Packaging
Table Brief Introduction of Mondi Group
Table Brief Introduction of Clarasion Enterprises
Table Brief Introduction of Green Printing & Packaging
Table Brief Introduction of Induspac
Table Brief Introduction of Innovative Systems Group
Table Brief Introduction of Interstate Resources
Table Products & Services of American Packaging
Table Products & Services of International Paper
Table Products & Services of Sonoco
Table Products & Services of Bates Container
Table Products & Services of Evergreen Packaging
Table Products & Services of Caraustar
Table Products & Services of Accord Carton
Table Products & Services of Artistic Carton
Table Products & Services of Dunapack Packaging
Table Products & Services of Green Bay Packaging
Table Products & Services of Buckeye Corrugated
Table Products & Services of Keystone Paper
Table Products & Services of Cascades Boxboard Group
Table Products & Services of Emin Leydier
Table Products & Services of Diamond Packaging
Table Products & Services of KapStone
Table Products & Services of Great Little Box
Table Products & Services of Curtis Packaging
Table Products & Services of Mondi Group
Table Products & Services of Clarasion Enterprises
Table Products & Services of Green Printing & Packaging
Table Products & Services of Induspac
Table Products & Services of Innovative Systems Group
Table Products & Services of Interstate Resources
Table Market Distribution of Major Players
Table Global Major Players Sales Revenue (Million USD) 2017-2020e
Table Global Major Players Sales Revenue (Million USD) Share 2017-2020e
Table Global Flexible Paper Packaging Market Forecast (Million USD) by Region 2021f-2026f
Table Global Flexible Paper Packaging Market Forecast (Million USD) Share by Region 2021f-2026f
Table Global Flexible Paper Packaging Market Forecast (Million USD) by Demand 2021f-2026f
Table Global Flexible Paper Packaging Market Forecast (Million USD) Share by Demand 2021f-2026f
List of Figure
Figure Global Flexible Paper Packaging Market Size under the Impact of COVID-19, 2017-2021f (USD Million)
Figure Global Flexible Paper Packaging Market by Region under the Impact of COVID-19, 2017-2021f (USD Million)
Figure Global Flexible Paper Packaging Market by Product Type under the Impact of COVID-19, 2017-2021f (USD Million)
Figure Global Flexible Paper Packaging Market by Demand under the Impact of COVID-19, 2017-2021f (USD Million)
Figure Global Flexible Paper Packaging Production by Region under the Impact of COVID-19, 2021-2026 (USD Million)
Figure Global Flexible Paper Packaging Consumption by Region under the Impact of COVID-19, 2021-2026 (USD Million)
Figure Global Flexible Paper Packaging Consumption by Type under the Impact of COVID-19, 2021-2026 (USD Million)
Figure North America Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure Europe Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure Asia-Pacific Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure South America Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure Middle East and Africa Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure Uncoated Kraft Paper Segmentation Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure Sack Kraft Paper Segmentation Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure Gift Wraps Segmentation Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure Coater Kraft Paper Segmentation Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure Food and Beverage Segmentation Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure Industrial Goods Segmentation Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure Personal Care Segmentation Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure Others Segmentation Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure U.S. Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure Canada Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure Mexico Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure Uncoated Kraft Paper Segmentation Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure Sack Kraft Paper Segmentation Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure Gift Wraps Segmentation Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure Coater Kraft Paper Segmentation Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure Food and Beverage Segmentation Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure Industrial Goods Segmentation Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure Personal Care Segmentation Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure Others Segmentation Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure Germany Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure UK Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure France Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure Italy Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure Rest of Europe Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure Uncoated Kraft Paper Segmentation Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure Sack Kraft Paper Segmentation Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure Gift Wraps Segmentation Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure Coater Kraft Paper Segmentation Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure Food and Beverage Segmentation Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure Industrial Goods Segmentation Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure Personal Care Segmentation Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure Others Segmentation Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure China Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure India Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure Japan Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure South Korea Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure Southeast Asia Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure Australia Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure Rest of Asia Pacific Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure Uncoated Kraft Paper Segmentation Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure Sack Kraft Paper Segmentation Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure Gift Wraps Segmentation Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure Coater Kraft Paper Segmentation Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure Food and Beverage Segmentation Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure Industrial Goods Segmentation Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure Personal Care Segmentation Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure Others Segmentation Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure Brazil Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure Argentina Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure Rest of Latin America Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure Uncoated Kraft Paper Segmentation Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure Sack Kraft Paper Segmentation Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure Gift Wraps Segmentation Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure Coater Kraft Paper Segmentation Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure Food and Beverage Segmentation Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure Industrial Goods Segmentation Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure Personal Care Segmentation Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure Others Segmentation Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure GCC Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure North Africa Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure South Africa Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure Rest of Middle East and Africa Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure Uncoated Kraft Paper Segmentation Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure Sack Kraft Paper Segmentation Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure Gift Wraps Segmentation Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure Coater Kraft Paper Segmentation Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure Food and Beverage Segmentation Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure Industrial Goods Segmentation Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure Personal Care Segmentation Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure Others Segmentation Market Size (USD Million) 2017-2021f and Year-over-year (YOY) Growth (%) 2018-2021f
Figure Flexible Paper Packaging Sales Revenue (Million USD) of American Packaging 2017-2020e
Figure Flexible Paper Packaging Sales Revenue (Million USD) of International Paper 2017-2020e
Figure Flexible Paper Packaging Sales Revenue (Million USD) of Sonoco 2017-2020e
Figure Flexible Paper Packaging Sales Revenue (Million USD) of Bates Container 2017-2020e
Figure Flexible Paper Packaging Sales Revenue (Million USD) of Evergreen Packaging 2017-2020e
Figure Flexible Paper Packaging Sales Revenue (Million USD) of Caraustar 2017-2020e
Figure Flexible Paper Packaging Sales Revenue (Million USD) of Accord Carton 2017-2020e
Figure Flexible Paper Packaging Sales Revenue (Million USD) of Artistic Carton 2017-2020e
Figure Flexible Paper Packaging Sales Revenue (Million USD) of Dunapack Packaging 2017-2020e
Figure Flexible Paper Packaging Sales Revenue (Million USD) of Green Bay Packaging 2017-2020e
Figure Flexible Paper Packaging Sales Revenue (Million USD) of Buckeye Corrugated 2017-2020e
Figure Flexible Paper Packaging Sales Revenue (Million USD) of Keystone Paper 2017-2020e
Figure Flexible Paper Packaging Sales Revenue (Million USD) of Cascades Boxboard Group 2017-2020e
Figure Flexible Paper Packaging Sales Revenue (Million USD) of Emin Leydier 2017-2020e
Figure Flexible Paper Packaging Sales Revenue (Million USD) of Diamond Packaging 2017-2020e
Figure Flexible Paper Packaging Sales Revenue (Million USD) of KapStone 2017-2020e
Figure Flexible Paper Packaging Sales Revenue (Million USD) of Great Little Box 2017-2020e
Figure  Sales Revenue (Million USD) of Curtis Packaging 2017-2020e
Figure  Sales Revenue (Million USD) of Mondi Group 2017-2020e
Figure  Sales Revenue (Million USD) of Clarasion Enterprises 2017-2020e
Figure  Sales Revenue (Million USD) of Green Printing & Packaging 2017-2020e
Figure  Sales Revenue (Million USD) of Induspac 2017-2020e
Figure  Sales Revenue (Million USD) of Innovative Systems Group 2017-2020e
Figure  Sales Revenue (Million USD) of Interstate Resources 2017-2020e
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Frequently Asked Questions
Flexible Paper Packaging Market report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Flexible Paper Packaging Market report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Flexible Paper Packaging Market report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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