Lucintel Forecasts Greaseproof Paper Sheet Market to Reach $3 Billion by 2028
Lucintel Forecasts Greaseproof Paper Sheet Market to Reach $3 Billion by 2028
Blog Article
According to a market report by Lucintel, the future of the global greaseproof paper sheet marketlooks promising with opportunities in the bakery & confectionary, ready-to-eat meal, fresh produce, frozen, and dairy products, quick service restaurant and food service papers market. The global automated market is expected to reach an estimated $3 billion by 2030 from $2.1 billion in 2023,at a CAGR of 4% from 2024 to 2030. The major drivers for this market are raising adoption of takeout and delivery services, increasing demand for eco-friendly packaging solutions, and growth in the bakery and confectionary sector.
A more than 150 – page report is developed to understand trends, opportunities and forecast in greaseproof paper sheet market by basis weight (below 40 GSM, 40 to 80 GSM, and above 80 GSM), product type (bleached and unbleached), end use (Bakery & Confectionary, Ready-to-Eat Meal, Fresh Produce, Frozen, and Dairy Products, Quick Service Restaurant and Food Service Papers, and Others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that unbleached will remain the larger segment over the forecast period due to the widespread use of these sheets in packaged foods.
Bakery & confectionary is expected to remain the largest segment due to the considerable use of these papers for packing chocolates and sweets in order to keep them fresh and greasy.
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North America will remain the largest region due to the significant use of these sheets in industrial food packaging applications and bakery & confectionery products and constantly expanding population in the region.Major players of greaseproof paper sheet market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Nordic Paper, Georgia-Pacific, Ahlstrom MunksjoOyj., McNarin Packaging, SIMPAC, and KRPA Holding are among the major greaseproof paper sheet providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.comTo get access of more than 1000 reports at fraction of cost visit Lucintel'sAnalytics Dashboard.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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