The global machine glazed papers market size is anticipated to register a ~4.62% CAGR between 2021 and 2027 and reach an approximate value of USD 17.23 billion in 2027.
Industry News
In June 2021, Twin Rivers Paper Company demonstrated a commitment to food safety with the FSSC 22000 Certification for Food Packaging.The company received FSSC 22000 Certification for Food Packaging for its New York-based, Lonsdale, Mohawk Valley, and Mill Street mills. FSSC 22000 is a GSI-recognized food safety certification developed to improve consistency and integrity across all aspects of the food safety supply chain. Twin Rivers Paper Company’scompliance with the requirements of this internationally recognized standard is another assurance that its food packaging products meet the safety requirements expected by customers.
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In Jan 2015, BPM, Inc., a specialty paper mill and leader in saltwater taffy twist wrap, confectionery wrap, and specialty packaging, announced thatit was well prepared for the upcoming taffy season. The company began manufacturing, waxing, printing, converting, and packaging taffy wrap in-house. By offering pallets, cartons, and truck-load quantities with a reliable turnaround, BPM, Inc.meets the demand for the busy season with both plain and printed confectionery wraps.
In 2020, the kraft paper segment helda significant market share: MRFR
The global market for machine glazed papers has been segmented on the basis ofpapertype,weight, grade, application, end user, and region. Based on paper type, the machine glazed paper market is segmented into tissue paper and kraft paper. Kraft papers continue to capture a leading share in the global machine glazed paper market. Moreover, market players are eyeing relevant revenue growth prospects in tissue papers.
Based on weight, the global machine glazed paper market is segmented into up to 40 GSM, 41 to 70 GSM, 71 to 100 GSM, and above 100 GSM. Machine glazed papers with a base weight of 71 to 100 grams per square meter (GSM) continue to procure leading revenue share. However, their market share will gradually falter in the coming years.
Based on grade, the globalmachine glazed paper market is divided into unbleached and bleached. Unbleached machine glazed papers are considered safer versus the bleached variant as they are not processed with chlorine. They are heat resistant and relatively cheaper, and thus, they are ideally used for packaging dry food items and fragile products such as chinaware.
Based on enduse, the global machine glazed paper market is segmented into food beverages, healthcare, electrical and electronics, automotive, personal care cosmetics, textile, building construction, and household.End users of machine glazed papers include the food beverage, building construction, and healthcare industries.
Based on application, The application segment for machine glazed paper market includes bags and pouches; sacks; wraps; labels and release liners; envelopes; coating and lamination; trays, cups and bowls; and others. Others have been segmented as gift wrap. Usage of machine glazed papers is expected to remain prominent in sacks and bags pouches. About six out of ten machine glazed papers are used either in sacks or bags pouches.
Based on region, the machine glazed papers market is segmented into North America, Europe, Asia-Pacific, the Middle East Africa, and South America. East Asia accounts for the largest market for machine glazed papers worldwide, followed by Europe, given these regions’ flourishing food beverage and healthcare industries.
Key industry participants in the machine glazed papers industry include International Paper APPM(India), Daio Paper (Japan), BPM(US), Nippon Paper Industries (Japan), Burgo Group (Altavilla Vicentina), Smurfit Kappa (Ireland), Mondi Group (UK), Verso Corp. (US), Charta Global (US), and SCG Packaging (Thailand).
This research report provides insights into various levels of analysis, such as industry analysis and market share analysis for the leading industry competitors, along with their profiles. It also helps in studying the target segments by providing views on the emerging and high-growth segments. The market data comprises the basic assessment of the competitive scenarios and strategies in the global machine glazed papers market, including high-growth regions and/or countries and political and economic environments. The project report further provides both — historical market values and pricing and cost analysis.
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