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Machine Glazed Paper Market is slated to reach over US$ 18.9 Bn by the year 2030

08-30-2022 10:40 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Machine Glazed Paper Market is slated to reach over US$ 18.9 Bn

The market for machine-glazed paper is anticipated to surpass US$ 18.9 billion by 2030, growing at a respectable CAGR of 4.5 percent between 2022 and 2030. Machine glazed paper is heavily used to produce bags and pouches, pouches, wraps, trays, cups and bowls, coating and lamination, and other products in prominent verticals like food, drinks, healthcare, building & construction, electrical & electronics, automotive, and others.

Machine Glazed Paper Demand Analysis (2015 to 2021) Vs Market Outlook (2022 to 2030)

In the recent years, the demand for sustainable and recyclable packaging solutions has witnessed significant rise as the leading packaging manufacturers across the globe have been putting constant efforts to enhance recycling program and manufacture highly recyclable and sustainable paper-based packaging solutions including machine glazed paper.

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End-use industries are also generating consistent demand for machine glazed paper for several packaging applications as they precisely fulfill the all packaging requirements. There are ample of opportunities for machine glazed manufacturers in the form of product development, capacity expansion, re-use of industrial wood waste to manufacture machine glazed paper, and others.

Capability to provide odour neutrality and high taint coupled with high barrier protection against the effects of moisture and oxygen is likely to uplift the demand graph in the foreseeable future.

FMI's report suggests that the rising consumption of paper-based packaging products and the surging demand for sustainable packaging solutions will play a solid role in pushing the consumption of machine glazed paper in the coming years.

East Asia to Continue Lead, Sacks Consume over a Third of Machine Glazed Paper

More than 1/3rd of the globally consumed machine glazed paper is utilized in the manufacturing of sacks, followed by bags and pouches. The report further prompts at a substantial collective share of coatings, laminates, and warps in terms of revenue, in the machine glazed paper market.

East Asia, currently holding more than 30% of the revenue share in global machine glazed paper market, will reportedly remain dominant through coming years, spearheaded by China. The country has a large pool of manufacturers and a strong consumer base for packaging, which is likely to create lucrative growth opportunities for the machine glazed paper market within China, as well as across the East Asian region

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Competitive Landscape

Global machine glazed paper market is fragmented in nature. Key players operating in the market are focusing on expanding their reach globally, diversifying their product portfolio, and making rapid product development to a gain competitive edge.

Mondi Group Plc has its new-fangled recyclable PP films ideal to thermoform flexible films for MAP (Modified atmosphere Packaging) and vacuum packaging. The shelf life of perishable products like meat and cheese could be extended. The carbon footprint has also reduced by 23%.
Key Companies Profiled

International Paper Company
Nippon Paper Industries Co
Stora Enso Oyj
Smurfit Kappa Group
Mondi Group Plc
BillerudKorsnas AB
Heinzel Group
Burgo Group Spa
SCG Packaging
Verso Corporation
Key Segments Covered in Machine Glazed Paper Industry Research

Machine Glazed Paper Market by Basis Weight:

Up to 40 GSM
41 to 70 GSM
71 to 100 GSM
Above 100 GSM
Machine Glazed Paper Market by Paper Type:

Tissue Paper
Kraft Paper
Machine Glazed Paper Market by Grade:

Unbleached
Bleached
Machine Glazed Paper Market by Application:

Bags & Pouches
Sacks
Wraps
Labels
Release Liners
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Machine Glazed Paper Market by End-user:

Food & Beverages
Healthcare
Electrical & Electronics
Automotive
Machine Glazed Paper Market by Region:

North America Machine Glazed Paper Market
Latin America Machine Glazed Paper Market
Europe Machine Glazed Paper Market
East Asia Machine Glazed Paper Market
South Asia Machine Glazed Paper Market
Oceania Machine Glazed Paper Market
Middle East & Africa (MEA) Machine Glazed Paper Market

Contact:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

About Us

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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