Bizizz Market Research has recently published a research report, “Machine Glazed Paper Market By Paper Type (Tissue Paper, Kraft Paper), by Basis Weight (Up to 40 GSM, 41 to 70 GSM, 71 to 100 GSM, Above 100 GSM), by Grade (Unbleached, Bleached), By End-use (Food & Beverages, Healthcare, Electrical & Electronics, Automotive, Personal care & Cosmetics, Textile, Building & Construction, Household) and Region-Global Industry Trends, Estimation & Forecast, 2019 – 2027”.
As per the report, Global Machine Glazed Paper Market was valued at US$ XX BN in 2018 and it is anticipated to reach at market value of US$ 16.347 BN by 2027, witnessing a CAGR of 4.5 % during the forecast period. Rising urbanization all over the world, Growing food and beverages industry and numerous application of machine glazed paper in food and beverage industry are key drivers of the market.
Machine glazed paper finds extensive use in packaging that comes in direct contact with foodstuffs, such as cookies, cakes, hamburgers, bread, and others. Packaging arrangements made of machine glazed paper offer a glossy and smooth appearance and, most prominently, guarantee maximum security, sterility, and cleanness. Such essentials assisted in boosting the acceptance of machine glazed paper in automotive, healthcare, food & beverages, electrical & electronics, and several other end-use industries. This gives a boost to the requirement of the machine glazed paper, consequently, assists to accelerate the market growth.
The Machine Glazed Paper Market Is Anticipated To Register A CAGR Of Over 4.5% During The Forecast Period.
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By End Use, Food and Beverage Based Machine Glazed Paper Market Segment Held A Prominent Share In Global Machine Glazed Paper Market In 2018.
The packaging industry is rapidly embracing machine glazed paper for numerous applications. The food and beverage will continue to be a prominent segment. This segment grasps a fourth of the complete market worth, worldwide. This is due to the extending customer inclination for food and beverage commodities that are wrapped or packed in sustainable and biodegradable formats. This growing preference is likely to boost the food and beverage industry in the forthcoming years. The booming online food distribution services division in emerging nations is further anticipated to add to the expansion of the market.
Asia Pacific Is Anticipated To Dominate The Global Machine Glazed Paper Market During The Forecast Period.
The Asia Pacific machine glazed paper market have a huge number of packaging companies and usage of machine glazed paper in countries such as India and China. China is one of the prominent nations in supplying packaging products at cost-efficient charges. The nation has a huge group of producers and a strong customer base for packaging industry, which is expected to generate profitable growth opportunities for the machine glazed paper market in Asia Pacific region. Moreover, In the Asia-Pacific region, there has been a significant increase in the number of real estate and infrastructure advancement ventures in the preceding few years. The large pace of urbanization in the region has commenced a strong need for building materials. These circumstances are further expected to expand the requirement for machine glazed paper throughout the projection period.
Prominent players operating in the Global Machine Glazed Paper Market are: SCG Packaging, Papelera de Brandia, S.A., International Paper APPM Ltd., Asia Pulp & Paper, BPM Inc., Burgo Group SPA, Verso Corporation, Twin Rivers Paper Company, Heinzel Group, BillerudKorsnäs AB, SPE Flexibles, Charta Global, Mondi Group, Stora Enso Oyj, Gascogne Papier, Smurfit Kappa Group, Laufenberg GMBH, Thai Paper Mill Company Limited, Nippon Paper Industries Co., Ltd., and Daio Paper Corporation among others.
Impact of COVID-19 on Economy, Industry and Company
The emergence of novel coronavirus has affected the global economy, industry dynamics and company’s top line. The entire ecosystem has to suffer the impact of this pandemic disease which would result in demand & supply gap, production delay and weak consumer demand of end products across industries.
At Bizizz Market Research, our analyst has done extensive research across industries and identified various methodologies which would assist C-Level executives to counter this ongoing threat and make informed business decisions.
Areas at which Bizizz Market Research would help decision makers are:
a) Insights on current demand & supply gap analysis
b) Impact on value chain and supply chain and strategies adopted to off set its impact
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e) Market assessment, regional
and country attractiveness, competitive benchmarking
and entry strategy
f) Prioritizing strategies and
how it would impact company’s short to long-term business
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