Parchment Paper Market Study : An Emerging Hint of Opportunity by 2031

The demand for parchment paper will accelerate with top 5 providers, including Georgia-Pacific Corp., Ahlstrom-Munksjo Oyj., METSA Tissue, Delfort Group AG, and Nordic Paper AS accounting for over 15-20% of the overall market in 2021.Future Market Insights (FMI) projects the parchment paper market to surpass US$ 959 million by 2021. The overall valuation is expected to reach US$ 1.6 billion by 2031, growing at a CAGR of 5.8% for 2021-2031.

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In future business reports, FMI details historical and current scenarios of the global parchment market in terms of production, consumption, quantity, and value. The report scrutinizes the market to different segments, regions and players based on demand patterns and growth prospects.

Key information and forecast statistics covered in the Parchment Market Report provide existing and emerging market players with the insights they need to develop long-term strategies during an ongoing crisis such as the COVID-19 pandemic. Also maintain business continuity.

COVID-19 Parchment Paper Market Impact Analysis:
The recent outbreak of COVID-19 has adversely affected various markets in the packaging industry, and the parchment paper market is no exception. Products considered "essential" continued to record significant sales, while non-essential products faced a sharp decline in demand.

Following government measures, especially social distance norms and home orders, companies operating in the parchment market have ceased production. In addition, mobility restrictions and supply chain disruptions have created logistic nightmares for market players, creating a serious product shortage in the global market. Some market players are further planning to relocate the supply chain from China, the first epicenter of COVID-19.

Growth in food and food services sector has navigated rapid development of parchment paper industry worldwide. It is predicted to rise at 5.8% CAGR from 2021 to 2031 in comparison to 3.3% CAGR registered between 2015 and 2020.

Globally, changing consumer behavior has resulted in rise of consumption of ready-to-eat food. Thanks to increase in disposable income, consumers in emerging economies are spending more in food and food services sector. This trend is expected to continue over the assessment period.

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Parchment Paper Market: Segmentation
The valuable information covered by the FMI Parchment Market Report is divided into major segments and sub-segments.

By product type:
Bleached parchment paper
Unbleached parchment paper

By standard weight:
Less than 40 GSM parchment paper
41-60 GSM parchment paper
61-80 GSM parchment paper

By end use:
Bakery and confectionery
Ready-to-eat meals
Fresh food

Parchment Paper Market: Competitive Analysis
The FMI survey provides a comprehensive analysis of global, regional and national players active in the parchment paper market. The competitive information detailed in the Parchment Paper Market Report is based on innovative product launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation for each market player. In addition, player-related growth strategies and merger acquisition (M & A) activities are included in the Parchment Market Report.

The main players covered by the report are:
JK paper
Ahlstrom Munksjo Oyj
Delfort Group AG
METSA tissue
McNarin packaging


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Key Questions Answered in Parchment Market Report:
Which end users will continue to be the top revenue contributors in different regional markets?
How fast is the global parchment market expanding during the forecast period?
What will the global parchment market look like by the end of the forecast period?
What are the innovative strategies adopted by players in the parchment market to stay ahead of the pack?
What are the constraints that affect the growth of the global parchment market?
Main offerings of the report

Growth Drives and Opportunities: Comprehensive analysis of factors and opportunities that drive the growth of market players in different regional markets :
Recent Trends and Forecasts: A detailed assessment of the latest trends, technological developments, and forecasts for 5 or 10 years.
Segment analysis: Extensive analysis of each segment and differentiating factors for the role of these segments in market revenue forecasts and growth rate analysis
Regional Market Forecasting: A thorough analysis of each regional market to provide stakeholders with the information they need to make important decisions.
Competitive landscape: Comprehensive insights into both major and start-ups competing for part of the parchment market

Mr. Debashish Roy
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Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

This release was published on openPR.