Global Machine Glazed Paper Market Poised to Expand at 4.5 % CAGR During 2019 - 2029

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Global Machine Glazed Paper Market Poised to
Expand at 4.5 CAGR During 2019 - 2029

• March 2020

Report Id REP-GB-7900 Published On 10 April
2019 Category Packaging
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Machine Glazed Paper Market

• At an estimated Y-o-Y growth of around 4 in the
  revenue recorded in 2018, the global machine
  glazed paper market is poised to exceed the US
  12 billion mark in 2019. As reported by a recent
  research study of Future Market Insights (FMI),
• Unbleached machine glazed paper will remain the
  preferred choice over bleached paper, among end
  use industries as well as consumers.
• Kraft paper accounts for nearly 80 of total
  machine glazed paper sales and will surpass the
  revenues worth US 10 billion toward 2020 end.
• Machine glazed paper with heavy basis weight,
  i.e. between 71 and 100 GSM and above, will
  continue to account for a majority of sales in
  market.
• FMIs 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.
• Significant Growth in Revenue Share Slated for
  Building Construction, Healthcare, and
  Automotive
• Significant applicability in the manufacturing of
  bags pouches, sacks, wraps, labels liners,
  envelopes, trays, cups, bowls is expected to
  continue fueling the sales of machine glazed
  paper across the packaging and consumer products
  industries. Moreover, various other prominent end
  uses in food beverages, healthcare, building
  construction, electrical electronics, personal
  care cosmetics, textile, household, and
  automotive industries will remain the predominant
  booster for the growth of machine glazed paper
  market.

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Machine Glazed Paper Market

• Food and beverages industry will however remain
  the leading end use industry consuming machine
  glazed paper, accounting for almost a fourth of
  the total market value. As an expanding consumer
  base is preferring food and beverage products
  that are packaged in biodegradable/sustainable
  formats such as kraft paper, it is highly likely
  that the machine glazed paper particularly
  kraft paper, will witness significantly growing
  traction within the food and beverages industry
  in coming years. This growth is strongly backed
  by the flourishing online food delivery services
  sector, especially in developing economies,
  according to FMIs analysis.
• Building and construction industry is also cited
  as one of the key end users in machine glazed
  paper market. The report also points to promising
  growth in the revenue shares of healthcare,
  automotive, and electronics and electrical
  industries in the global machine glazed paper
  market.
• 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.

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Machine Glazed Paper Market

• Machine Glazed Paper Market Expansion in
  Existing Production Capacity
• Manufacturers have introduced MG (machine glazed)
  paper machines to enhance their existing
  production capacity, which has enabled them to
  expand their businesses in the current value
  chain and offer complete solutions to their
  customers. For an instance, Billerud Korsnäs
  recently (in September 2018) announced expansion
  of the business by opening up one of the most
  efficient and Europes largest MG paper machines.
  The company has invested US 150 million to
  fulfil the rising MG paper machine demand in the
  market.
• The report has covered some of the prominent
  companies actively partaking in the competition
  landscape of global machine glazed paper market,
  including Daio Paper Corporation, International
  Paper APPM Ltd., Nippon Paper Industries Co.,
  Ltd., BPM Inc., Smurfit Kappa Group, Burgo Group
  SPA, Stora Enso Oyj, Mondi Group, SPE Flexibles,
  SCG Packaging, BillerudKorsnäs AB, Charta Global,
  Heinzel Group, Twin Rivers Paper Company,
  Gascogne Papier, Verso Corporation, Laufenberg
  GMBH, Asia Pulp Paper, Thai Paper Mill Company
  Limited, and Papelera de Brandia, S.A.
• Press-release Source  https//www.globenewswire.c
  om/news-release/2019/04/11/1802858/0/en/Machine-Gl
  azed-Paper-Market-is-projected-to-expand-at-a-CAGR
  -of-4-5-during-2019-2029-Future-Market-Insights.ht
  ml

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Machine Glazed Paper Market

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