Machine Glazed Papers Market: High Demand for Machine Glazed Papers in the Food and Beverages Industry to drive the market growth

Machine Glazed Papers Market was valued at USD 12.05 Bn in 2022 and is expected to reach USD 16.48 Bn by 2029, at a CAGR of 4.57 % from (2023-2029)
Overview
Machine Glazed Paper (MG-paper) is a type of uncoated paper having one side rough and other highly glossy or shiny surface. There are two types: “Tissue glazed papers” and “Kraft glazed papers“. Tissue is soft in nature and is used for producing napkins, paper towels, and others and Kraft paper is very strong and has high tensile strength, making it suitable for industrial applications such as manufacturing bags, packaging, flexible, extrusion coating and lamination and protective packaging.

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Machine Glazed Papers Market Scope and Research Methodology

The report on the global Machine Glazed Papers Market provides market dynamics and regional insights for the forecast period. The market research was conducted by dividing the market into four major segments: Paper Type, Grade, End-Users and Region. These main segments of were further divided into various sub-segments, which helped to understand the market structure easily. The competitive landscape of the industry including market penetration, company overview, financials, current developments, and long-term investments related to the Machine Glazed Papers Market are provided in the report. Data on important drivers, restraints, and future opportunities are also included in the market report.

A quantitative analysis of the Machine Glazed Papers Market is presented from 2022 to 2029, to show the potential of the global market. Porter's five forces study used in the Machine Glazed Papers Market report gives information on the power of both buyers and suppliers. Primary and secondary data have been combined to make the report authentic. Secondary data was collected from the list of sources that includes company annual reports, press releases, and government websites.

SWOT analysis was conducted to provide the strengths and weaknesses of the Machine Glazed Papers Market. To provide detailed information on the impact of micro-economic and macro-economic factors on the Market, PORTER and PESTLE analysis was conducted. The bottom-up approach was used to estimate the Machine Glazed Papers Market size.
Machine Glazed Papers Market Dynamics
Excellent Properties and Diversified Applications to Increase the Demand for Market

Machine Glazed Papers have high strength and a perfect balance of gloss and smoothness. The increasing demand for the product is due to a growing preference for superior printing quality and sustainable packaging and an increase in applications from various industries such as healthcare, automotive, food & beverages, textile, personal care, and others. These end-user industries are expected to drive the market. Growth of investment in biodegradable packaging and various programs promoting sustainable packaging as a preferred choice for food wrapping and packaging to boost the Machine Glazed Papers Market over the period.

Huge Demand in the Food Sector and Packaging Industry

Packaging is made from various kinds of materials including plastic, paper, metal and others. The food processing industry selects the packaging material according to food product requirements considering factors such as heat saleability, processability, printability, strength, barrier properties cost-effectiveness, and sustainability. Machine-glazed paper is one of the strongest forms of paper and it is usually used to pack food products such as vegetables, sugar, flour, and dried fruits, etc. to the packaging of food products for food safety. The increase in demand for packaging from the food and beverages industry due to its lightweight and durable packaging solution and the growing popularity of convinced food and e-commerce platform is expected to influence the Machine Glazed Papers Market growth during the forecast period.

Fluctuations in Raw Material Prices to Hamper the Market Growth

Ongoing demand for eco-friendly paper products is expected to influence the demand for machine-glazed papers. These products are produced using recycled materials, which reduces the environmental impact of paper production. However, the high cost required for recycling high-quality paper and raw materials price volatility is expected to hinder the Machine Glazed Papers Market growth during the forecast period. Developmental programs such as government incentives to encourage the use of environmentally sustainable packaging and are expected to offer lucrative opportunities for key players in the market. For example, in Canada, Paper Excellence received $4.5 million from the Investments in Forest Industry Transformation (IFIT) program of Canada. The company has invested this money in expanding its food packaging production capacity.

Latest Trend in the Machine Glazed Papers Market

Reusing Industrial Wood Waste through the Process of Kraft Pulping

Kraft paper is made from industrial wood waste and used for machine-glazed papers. 20 to 30 million tons of industrial wood waste are generated per annum in the U.S. Leading players across the world have been reusing this industrial wood waste to manufacture kraft pulp and maintain sustainable growth. The recycling of industrial waste wood for the manufacturing of kraft paper helps to overcome the wastage of wood and control the emission.
Machine Glazed Papers Market Segmentation
The machine-glazed papers market is segmented into paper type, grade, end-user, and region. By paper type, the market is classified into tissue paper and kraft paper. By grade, the machine-glazed paper market is divided into bleached and unbleached. By end-user, it is categorized into food and beverages, healthcare, personal care & cosmetics, electrical and electronics, and others. By region, it is classified across North America, Europe, Asia-Pacific, South America and Middle East Africa.

By Paper Type

Based on Type, the Machine Glazed Papers Market is segmented into tissue paper and kraft paper. The tissue paper segment held the largest market share revenue in 2022 and is expected to maintain its dominance during the forecast period. High demand for tissue paper products such as paper towels, napkins, face wipes, toilet paper and other similar items has influenced the tissue paper segment growth in the market. The companies such as Jani Sales Pvt. Ltd., and SSG Paper Mills LLP provide a large range of machine-glazed tissue papers. The kraft papers have a high GSM paper ranging between 70 to 300 GSM and is used for manufacturing consumer and industrial packaging, including corrugated boxes, paper bags, pouches, void fillers, and others.

By Grade

Based on Grade, the Machine Glazed Papers Market is segmented by bleached and unbleached. The bleached type of machine-glazed papers segment dominated the market share in 2022. The bleached machine-glazed papers made from chemically treated pulp and their white color are highly desirable for companies that print their packaging with vibrant colors. The unbleached paper is expected to grow at a significant CAGR during the forecast period in the market due to unbleached papers are cheaper than bleached paper, and has slightly higher tensile strength.

By End-Users

On the basis of end-user, the market is segmented into food and beverages, healthcare, personal care & cosmetics, electrical and electronics, and others. The food and beverages segment held the largest market share in 2022. This segment growth is driven by increasing people’s disposable income and the expansion of e-commerce sectors. The personal care & cosmetics segment is expected to grow at a significant CAGR over the forecast period.


Machine Glazed Papers Market Regional Insight
Asia Pacific held the largest global Machine Glazed Papers Market share in 2022 and is expected to grow at a significant CAGR over the forecast period. The increasing demand for bakery and confectionery products is majorly produced using machine-made papers and plates. Growth of disposable income coupled with a growing population is expected to drive the food industry sector in developing countries such as India, China, Indonesia, Vietnam and others countries.

The manufacturing sectors such as food & beverage, healthcare & medical, electronics and others are responsible factors for market demand. The government initiatives to restrict the usage of single-use plastic products and play a crucial role in driving the demand for machine-glazed paper. For example, In July 2022, the Indian government banned single-use plastic goods. Hence, Kerala Paper Products Ltd (KPPL), a manufacturer of paper products invested 126 million to increase its production capacity of packaging grades of kraft paper.

North America, the Machine Glazed Papers Market is expected to grow at a significant CAGR during the forecast period. In the U.S. the high consumption levels associated with packaging materials are used across various industries. These industries are food & beverage processing along with healthcare & medical sectors.The Research and development activities in innovative packaging to boost the market demand during the forecast period.

Competitive Landscape

Manufacturers in the Machine glazed Papers Market focus on creating papers with high tensile strength for various applications. Many key players are working on making recyclable machine-glazed papers to assure sustainability and contribute to the growth of the market. These key companies are Smurfit Kappa Group, Nippon Paper Industries Co., Ltd, International Paper Company, Mondi Group Plc, BillerudKorsnas AB, Heinzel Group, Gascogne Papier SAS, Twin Rivers Paper Company, Verso Corporation and Burgo Group Spa.

They have adopted business expansion and acquisition as a key development strategy to improve the product portfolio of the market. For example, In March 2023, Nippon Paper announced to update on the agreement on forest development activities in national forests with diverse activities. An agreement to carry out forest conservation activities in approximately nine hectares of national forest. This agreement is based on the People's Participation in Forest Development through Agreements system established by the Forestry Agency to promote the development of forests with public participation through a variety of forest maintenance and conservation activities in national forests.

Target Audience

1.Raw Material Suppliers
2.Education & Research Institutes
3.Industry Investors/Investment Bankers
4.Consulting Companies in the Machine-Glazed Papers Market
5.Government and Research Organizations
Machine Glazed Papers Market Scope: Inquiry Before Buying



Machine Glazed Papers Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2017 to 2022
Market Size in 2022:
US $ 12.05 Bn.


Forecast Period 2023 to 2029 CAGR:
4.57 %
Market Size in 2029:
US $ 16.48 Bn.


 Segments Covered:
by Paper Type
1. Tissue Paper
2. Kraft Paper


by Grade
1. Bleached
2.Unbleached


by End-Users
1. Food and Beverages
2. Healthcare
3. Personal Care and Cosmetics
4.Electrical and Electronics
5. Others



Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Market Key Players are:
1. BMP
2. International Paper APPM
3. Pulp Mill Trading
4. BillerudKorsnas AB
5. Heinzel Group
6. SCG Packaging
7. Stora Enso Oyj
8. Jani Sales Pvt. Ltd.
9. Mondi Group
10. Nordic Paper Holding AB
11. Burgo Group S.p.A.
12. MOSAICO S.P.A.
13. Smurfit Kappa Group PLC
14. International Paper Company
15. Kapstone
16. Daio Paper
17. Nippon Paper Industries

Frequently Asked Questions:

1] What is the growth rate of the Global Market?
Ans. The Global Machine Glazed Papers Market is growing at a significant rate of 4.57 % during the forecast period.

2] Which region is expected to dominate the Global Market?
Ans. The Asia Pacific region is expected to dominate the Machine Glazed Papers Market during the forecast period.

3] What is the expected Global Market size by 2029?
Ans. The Machine Glazed Papers market size is expected to reach USD 16.48 Bn by 2029.

4] Which are the top players in the Global Market?
Ans. The major top players in the Global Machine Glazed Papers Market are Nippon Paper Industries Co., Ltd, International Paper Company and others

5] What are the factors driving the Global Market growth?
Ans. The market growth is driven by increasing demand in the food sector and packaging industry.