Barrier Coated Papers Market Expands as Demand for Sustainable Packaging Solutions Grows

The global barrier coated papers market is expected to experience steady growth, projected to increase at a CAGR of 4.6% from 2023 to 2034. The market, valued at USD 4.81 billion in 2023, is anticipated to reach USD 7.57 billion by the end of the forecast period, according to Future Market Insights (FMI).

The demand for barrier coated papers is accelerating due to the high use of barrier coatings for food packaging. Moreover, many non-food products and corrugated board packaging applications use barrier coatings for profitable shipping.

Papers with a barrier coating are known to conceal products by grease barrier, moisture barrier, or other necessary barrier types. However, these materials negatively impact the environment and are thus being replaced by paper-based formats with compostable barrier coatings.

Key Takeaways from the Barrier Coated Papers Market Study

Countries in North America are the prominent users of barrier-coated papers and created a global demand share of 29.4% in the year 2022. The sales of barrier coated papers in the United States alone contributed to 25.4% of the global market share that year.
Europe, as a whole, closely follows the United States in the adoption of barrier coated papers and acquired a market share of 25.2% in 2022. Europe is the leading contributor of barrier-coated papers, with a global market share of 5.3% in 2022.
In recent years, the demand for barrier coated papers in the United States is surging at a significant rate. FMI estimates this regional market is going to exhibit a year-on-year growth rate of 3.3% during the forecast years.
Asia Pacific countries are emerging to be notably growing markets for sales of barrier-coated papers these years. China is at the forefront and is projected to register an impressive CAGR of 6.4% during the forecast years.
Japan is a quite well-established market in the Asia Pacific that contributed almost 4.1% of the global supply of barrier coated papers in 2022. India is figured out to continue on a high annual growth rate of 7.4% in sales of barrier coated papers over the forecast years.
Based on different types of materials used for making barrier coated papers, paper is the preferred segment. Though this segment held an 84.1% market share in 2022, the bio-based plastics segment is expected to gain high traction during the projected years.
Among the several end-user verticals for barrier coated papers, the food packaging segment consumed almost 64.9% of the total share in 2022. Besides this segment, beverages packaging and pharmaceutical packaging are also expected to make high use of barrier coated papers in the coming days.

Competitive Landscape for the Barrier Coated Papers Market

Dow, Sierra Coating Technologies, Koninklijke DSM NV, Stora Enso, and Amcor, are some of the leading players in the global barrier coated papers market. Coatings & Adhesives, CH-Polymers, Imerys, Mondi, Akzo Nobel, KURARAY, and Cork Industries are among other domestic players covered in the report.

Advancements in packaging innovations, particularly in water-based barrier coated papers are regarded to fuel the market's growth over the forecast period. Furthermore, the stringent environmental regulations that many governments around the world have implemented for food contact paper could play a supportive role.

Market Outlook and Future Opportunities

The barrier coated papers market is anticipated to thrive as industries prioritize sustainability and demand packaging solutions that balance performance with environmental responsibility. As companies invest in bio-based coatings and innovative barrier technologies, new opportunities will arise, especially in the development of green packaging solutions.

With the continued emphasis on flexibility, cost-effectiveness, and the reduction of environmental footprints, barrier coated papers are poised to play a pivotal role in the future of packaging.

Access Full Report: https://www.futuremarketinsights.com/reports/barrier-coated-papers-market

Key Segmentation

Barrier Coated Paper Industry Segment by Coating Type:

Water-based Coating
Solvent-based Coating
Wax Coating
Extrusion Coating

Barrier Coated Paper Industry Segment by Material:

Paper Coating
Plastic Coating
Polyethylene (PE)
Polypropylene (PP)
Polyvinylidene dichloride (PVDC)
Polyethylene Terephthalate (PET)
Bio-based Plastic Coating
Polysaccharides
Polylactic Acid (PLA)
Polyhydroxyalkanoates (PHA)
Ethylene Vinyl Alcohol (EVOH)
Polyamide (PA)
Wax Coating
Other Coating Materials

Barrier Coated Paper Industry Segment by Thickness (ISO 534):

Less than 50 µm
51 µm to 75 µm
75 µm to 100 µm

Barrier Coated Paper Industry Segment by Packaging Application:

Cups & Lids
Trays
Laminates
Boxes & Cartons
Pouches & Sachets
Labels
Blisters & Clamshells
Wraps
Tapes
Others

Barrier Coated Paper Industry Segment by End-user Verticals:

Food Packaging
Bakery
Confectionery
Snacks
Dairy
Spices & Condiments
Sauces
Beverages Packaging
Cosmetic & Personal Care Packaging
Pharmaceuticals Packaging
Building & Construction Packaging
Electrical & Electronics Packaging
Tobacco Packaging
Packaging of Other Consumer Goods (Agriculture, Automotive, Home Care, etc.)

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This release was published on openPR.