Machine glazed paper market is slated to reach over US$ 18.9 Bn by the year 2030, witnessing a decent CAGR of 4.5% from 2022 to 2030. Prominent verticals such as food, beverages, healthcare, building & construction, electrical & electronics, automotive and others are significantly dependent upon machine glazed paper to churn out bags & pouches, pouches, wraps, trays, cups & bowls, coating & lamination 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
What triggers the sales of Machine Glazed Paper?
“Switch from Plastic to Paper-based Packaging Solutions to change the Scene”
Packaging manufacturers are focusing on meeting the needs of the urbanized population by offering safe, sustainable, and effective packaging solutions. Keeping in mind the future circular systems of cities, the packaging manufacturers are incorporating highly sustainable materials. Switching over to paper-based packaging is increasing the recycling quotient in many countries.
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:
Machine Glazed Paper Market by Application:
- Bags & Pouches
- Release Liners
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