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Greaseproof Paper Market Sustains Demand in Food Packaging Industry

08-26-2023 04:41 AM CET | Industry, Real Estate & Construction

Press release from: Fact.MR

Greaseproof Paper Market

Greaseproof Paper Market

The global greaseproof paper market was valued at US$ 1.27 billion in 2022, and by the end of 2033, it is expected to have grown at a CAGR of 5.5% to reach US$ 2.1 billion.

Paper that is greaseproof is excellent for packaging and storing food. Because greaseproof paper is designed to repel grease, it can be used to store a range of foods for a long time. Due to the significant need in the food packaging industry, demand is anticipated to rise during the ensuing years. One of the more affordable alternatives to baking paper is greaseproof paper.

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The global greaseproof paper market continues to experience sustained demand, primarily driven by the thriving food packaging industry. Greaseproof paper, known for its ability to resist the passage of grease and moisture, plays a pivotal role in ensuring the freshness and quality of various food products. In a world where convenience and food safety are paramount, greaseproof paper has emerged as a key solution for packaging, propelling the market's growth.

The Role of Greaseproof Paper in Food Packaging

Greaseproof paper is a specialized type of paper that has undergone treatment to make it highly resistant to the penetration of grease, oil, and moisture. This unique characteristic makes it an ideal choice for packaging a wide range of food items, including baked goods, fried snacks, fast food, and takeaway products. Its ability to maintain the integrity of packaged food, prevent oil and grease staining, and preserve flavors and textures has made it indispensable in the food packaging industry.

Driving Factors Behind the Growth:

Several key factors are contributing to the sustained demand for greaseproof paper in the food packaging sector:

1. Food Safety and Quality: Consumers are increasingly concerned about the safety and quality of the food they consume. Greaseproof paper helps maintain the freshness and hygienic condition of food products, instilling confidence in consumers.

2. Convenience and Portability: The busy lifestyles of modern consumers have led to a surge in demand for on-the-go food products. Greaseproof paper ensures that these products can be enjoyed without mess or inconvenience.

3. Sustainable Packaging: Environmentally conscious consumers and regulatory pressures have led to a shift towards sustainable packaging solutions. Greaseproof paper is often biodegradable and recyclable, aligning with these eco-friendly trends.

4. Versatile Applications: Greaseproof paper's versatility extends beyond food packaging. It is also used in various culinary applications, such as baking and cooking, further expanding its market reach.

Applications Beyond Food Packaging:

While food packaging is the primary application, greaseproof paper finds utility in other areas:

Baking: Greaseproof paper is commonly used to line baking trays and molds, preventing sticking and ensuring easy release of baked goods.

Crafts and Art: It is a favorite among artists and craft enthusiasts for its durability and resistance to moisture.

Competitive Landscape

Prominent manufacturers in the greaseproof paper market include Nordic Paper, Ahlstrom-Munksjö's Delfortgroup, Dispapali, Domtar Corporation, Expera Speciality Solutions, Fujian Naoshan Paper Industry Group Co., Ltd., KRPA Paper Inc., Metsä Group, Orient Co.Pte Ltd., Pudumjee Paper Products, Simpac, The Griff Network, Twin River Paper Company, and VICAT Cortec Corporation.

Sustainable Technologies and Eco-Friendly Solutions: Leading manufacturers of greaseproof paper are at the forefront of sustainable practices and cost optimization systems, catering to the diverse needs of the food packaging industry. Their focus lies in developing eco-friendly products that not only meet stringent packaging requirements but also contribute to a longer shelf life for food products.

Key Strategies Adopted by Manufacturers:

1. Compostable Certification (September 2022): Nordic Paper, a prominent producer of natural greaseproof paper, achieved certification for the production of specialty products designed for easy degradation in both industrial and home composting environments. This move underscores the company's commitment to sustainability and aligns with the global shift towards eco-conscious packaging solutions.

2. Tailored Products for the North American Market (May 2021): Ahlstrom-Munksjö's, a key player in the industry, introduced a new range of products specifically tailored for the North American market. This range includes high-density silicone greaseproof paper, catering to the needs of both professional and novice bakers. The company's strategic product expansion highlights its responsiveness to regional market demands.

These strategic initiatives by leading greaseproof paper manufacturers exemplify their commitment to staying at the forefront of the market by embracing sustainability, innovation, and customer-centric approaches. As the demand for greaseproof paper continues to grow, driven by the food packaging industry's evolving needs, these manufacturers are well-positioned to lead the market into a sustainable and efficient future.

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Challenges and Future Outlook:

The greaseproof paper market faces challenges related to the adoption of digital alternatives for food packaging information and labels. However, ongoing innovations in packaging technology and the continued need for physical barriers against grease and moisture are expected to sustain the demand for greaseproof paper.

The future of the greaseproof paper market remains promising. As the food packaging industry continues to evolve to meet changing consumer preferences and regulatory requirements, greaseproof paper will remain a trusted and essential component, ensuring that the world's food products reach consumers safely, conveniently, and in pristine condition.

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About Fact.MR

We are the trusted research partner of 80% of Fortune 1000 companies across the globe. We are consistently growing in the field of market research, with more than 1,000 reports published every year. The dedicated team of 400+ analysts and consultants is committed to achieving the highest level of client satisfaction.

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