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Glassine Paper Market Intelligence and Analysis for Period 2017 - 2027
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Paper is widely used for packaging of food items and consumer goods and Paper & paperboard packaging market is estimated to be over US$ 200 Bn and is expected to grow at a CAGR of about 4% over the forecast period. Glassine paper is being widely used in for labeling and packaging of food products and glassine paper being recyclable and compostable does not accumulate in the food chain is the key factor driving glassine paper market. In addition, to recyclability and decomposability glassine paper also have high resistance to moisture and grease thus making its perfect solution for packaging of food fatty, dry and moist foodstuffs and being a chlorine-free glassine paper does not have side effects on getting in contact consumable items. Another factor attracting manufacturers to use glassine paper is its high printability allowing manufacturers to use it as a labeling solution for consumer goods. Use of laminated glassine paper with aluminum foil, PE, and other coatings have increased the use of glassine paper for packaging of personal care goods and food items hence supporting the growth in glassine paper market. Some other factors increasing manufacturers inclination towards glassine paper is availability and low cost of the raw material required for manufacturing of glassine paper. Increasing trend for consuming packed food is expected to boost glassine paper market in future.
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APEJ region is expected to account for the largest share in glassine paper market due to its large population and increasing trend for having on the go meals. North America and Western Europe are expected to account for the significant market share in glassine paper market attributed to the current lifestyle of the consumers in the region. Latin America and MEA region are expected to account for small but fast growing value share in glassine paper market. Japan is expected to contribute a significant portion in value share of glassine paper market as the country has highest per capita spending on packaging.
Some major players of the glassine paper market are Guilin Qifeng Paper Co., Ltd, Glatfelter Ober-Schmitten GmbH, Legion Paper Corp., Norman A Peroni Ltd, HERMA Material, Paper World Co., Ltd., Valmet, Innovia Films, HUHTAMAKI GROUP, SS RESOURCES CO.,LTD, HA NOI PRINTING JOINT STOCK COMPANY, Shandong Mingda Packing Product Co., Ltd. and Shanghai Jiaguan Packing Technology Co.
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