Machine glazed papers have become a popular choice in various industries for packaging due to their sustainability and aesthetics. Their usage has significantly increased in the past decade as the packaging sector evolves to meet consumer demands. These papers offer impressive strength, gloss, and smoothness, making them a preferred standard for manufacturers and retailers.
Several factors are expected to drive the growth of the machine glazed paper market during the forecast period. The product’s high strength, perfect gloss, and smoothness make it increasingly in demand. The growing preference for superior printing quality and sustainable packaging solutions has expanded its applications in industries like healthcare, food & beverages, automotive, textile, and personal care. Investments in biodegradable packaging and sustainable initiatives also create attractive prospects for the machine glazed paper market.
Despite its growth potential, the market faces challenges such as high recycling costs and raw material price fluctuations. Eliminating residue left behind poses a primary obstacle for the industry’s expansion. However, due to the numerous advantages of machine glazed papers and the increasing demand for sustainable and visually appealing packaging solutions, the market is expected to witness significant growth.
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Key Points from the Machine Glazed Paper Market:
- Increasing demand for machine glazed papers is driven by their high strength and ideal combination of gloss and smoothness.
- The machine glazed paper market is projected to achieve a CAGR of 4.6% during the forecast period from 2023 to 2033.
- Asia Pacific dominates the machine glazed paper market
Key Development in the Machine Glazed Paper Market
- July 2019 – Clayton Glass upgraded its glass manufacturing facilities to become the leading glass factory in the Mainland United Kingdom. The company committed US$ 1.7 million to this development, which included the installation of a brand-new, third completely automated Bystronic IGU line.
- October 2019 – Clayton Glass purchased the services, business, and manufacturing capabilities of Nottinghamshire-based glass company Global Glass from Aperture Trading Limited. Clayton has been able to dramatically enhance its sales volumes, manufacturing facilities, and geographical reach as a result of this acquisition.
- September 2021 – Valmet, an industrial machinery manufacturer for the paper and pulp industries, agreed to supply MG paper machine technology to Muda Paper Mills Sdn. Bhd in Malaysia to produce food packaging quality machine glazed paper.
- March 2022 – BillerudKorsnas AB, a prominent Swedish paper and packaging materials company, bought Verso Corporation, a United States-based manufacturer of coated groundwood, coated freesheet, and specialized products such as machine glazed paper.
- August 2020 – UFlex, an Indian multinational company in flexible packaging manufacturing, launched ‘Kraftika,’ a paper-based tube pack. Furthermore, the growth of e-commerce is pushing demand for corrugated boxes constructed from machine glazed kraft papers.
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Competitive Landscape
The global machine glazed paper market is fragmented in nature. Key players operating in the market are focusing on expanding their reach globally, diversifying their product portfolio, and making rapid product development to a gain competitive edge.
- Mondi Group Plc has its new-fangled recyclable PP films ideal to thermoform flexible films for MAP (Modified Atmosphere Packaging) and vacuum packaging. The shelf life of perishable products like meat and cheese could be extended. The carbon footprint has also been reduced by 23%.
Key Companies in the Market are as follows
- International Paper Company
- Nippon Paper Industries Co
- Stora Enso Oyj
- Smurfit Kappa Group
- Mondi Group Plc
- BillerudKorsnas AB
- Heinzel Group
- Burgo Group Spa
- SCG Packaging
- Verso Corporation
Key Benefits for Machine Glazed Paper Market:
- Porter’s five forces analysis helps to analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
- Major countries in each region have been mapped according to their individual revenue contribution to the global/regional market.
- It outlines the current trends and future scenario of the market from 2023 to 2033 to understand the prevailing opportunities and potential investment pockets.
- The profiles of key players along with their key strategic developments are enlisted in the report.
- The key drivers, restraints, and opportunities and their detailed impact analyses are elucidated in the study.
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Key Segments
By Basis Weight:
- Up to 40 GSM
- 41 to 70 GSM
- 71 to 100 GSM
- Above 100 GSM
By Paper Type:
- Tissue Paper
- Kraft Paper
By Grade:
- Unbleached
- Bleached
By Application:
- Bags & Pouches
- Sacks
- Wraps
- Labels
- Release Liners
By End User:
- Food & Beverages
- Healthcare
- Electrical & Electronics
- Automotive
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- The Middle East & Africa
About FMI
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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