Machine Glazed Paper Market — Players Focusing on Product Differentiation for Gaining Competitive Edge
Tags: Paper Market, Research Reports, Market Research Reports, Machine Glazed

Machine Glazed Paper Market — Players Focusing on Product Differentiation for Gaining Competitive Edge Shilpa Dec 30, 2021·2 min read

In its recent report, Future Market Insights (FMI) projects that worldwide market revenue for machine glazed papers will grow at 4.5% CAGR over forecast period, 2020–2030. During the forecast period, revenue will grow about 1.6X, says the report.

“With concerns about hygiene and food safety gaining priority, sustainability has taken back seat. That said, sustainability will remain key market-shaping trend, offering strong competitive advantages for resourceful packaging converters. Manufacturers must, thus, redefine sustainability alongside hygiene and consumer safety concerns,” says analyst at FMI.

Get Sample of the report : https://www.futuremarketinsights.com/reports/sample/rep-gb-7900

COVID-19 Impact

Food & beverage industry accounts for significant portion of global machine glazed paper market. With COVID-19 pandemic raging across continents, food & beverages companies are taking serious hit due to reduced consumption of food products as well as disrupted supply chains, thus, affecting the demand for machine glazed papers.

Key Segment

Basis Weight

Up to 40 GSM

41 to 70 GSM

71 to 100 GSM

Above 100 GSM

Paper Type

Tissue Paper

Kraft Paper

Request Special Price : https://www.futuremarketinsights.com/request-special-price/rep-gb-7900

Grade

Unbleached

Bleached

Application

Bags & Pouches

Sacks

Wraps

In addition, the public health crisis has resulted in partial operation of leading food restaurant chains worldwide. Normal restaurant functioning have shrieked across the globe, and many businesses have been compelled to pivot their offerings in order to sustain.

Competitive Intelligence

Global machine glazed paper market is highly fragmented, with leading manufacturers accounting for nearly a fourth of overall revenue. Market players are banking on mergers & acquisitions in an effort to expand their regional footprint and thus, gain competitive edge. For instance,

Nippon Paper Industries Co. Ltd. has acquired Orora Limited — a paperboard manufacturer in order to penetrate into corrugated paperboard manufacturing business in Oceania. Further, the company has acquired 70% share of TS Plastics Sdn — Malaysia-based flexible packaging company.

Smurfit Kappa Group has entered into collaboration with HVC and Bluemats to initiate first full beverage carton recycling plant in the Netherlands.

Request Report Methodology : https://www.futuremarketinsights.com/askus/rep-gb-7900

Key Highlights

Market revenue pool will expand nearly 1.6X during 2020–2030

Machine glazed papers with basis weight 71 to 100 GSM to account for leading share, around 45%

Demand for kraft papers will remain high over following decade

Unbleached grade machine glazed papers to capture around 70% revenue share

Sacks and bags & pouches will remain key application areas through 2030

Download the complimentary copy of ‘Global Packaging Ebook’ from our MarketNgage platform

About us :

Future Market Insights (FMI), is an ESOMAR-certified market research and consulting market research company. FMI is a leading provider of market intelligence and consulting services, serving clients in over 150 countries; its market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition.