Barrier Paper Market Set to Reach $4.78 Billion by 2034, Driven by Eco-Friendly Innovations and Consumer Demand for Sustainable Packaging

Relentless Efforts by Manufacturers to Boost Adoption of Eco-Friendly Alternatives to Petroleum-Based Coatings Increasing Barrier Paper Sales: Fact.MR Report

Global sales of barrier paper are expected to reach US$ 3.05 billion in 2024. According to a recently updated research report by Fact.MR, the market is calculated to expand at 4.6% CAGR from 2024 to 2034. The market is witnessing a significant shift toward eco-friendly solutions. This is largely being driven by increasing emphasis on green packaging solutions and growing consumer awareness about health and environmental issues.

Manufacturers are making relentless efforts to develop bio-based materials to replace petroleum-based polymer coatings. These innovative product designs and eco-friendly attributes of barrier paper are contributing to its sales worldwide. Packaging companies prefer materials such as polystyrene and other plastics as they are water resistant and cost-effective. The provision of printing on barrier papers not only enhances the appearance of the packaged product but also provides important information about it by piquing the interest of the customer.

Use of paraffin wax is posing a challenge to the call for environmental friendliness in the market. Key players are trying to replace it with reusable paper, which is expected to eliminate this restraint to a great extent going forward. The global barrier paper market is evolving with a focus on sustainability and innovation.

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Key Takeaways from Market Study:

• The global barrier paper market is forecasted to reach a valuation of US$ 4.78 billion by 2034.
• The North American market is projected to expand at 4.3% CAGR from 2024 to 2034.
• East Asia is analyzed to account for 27.1% of the global market share by 2034-end.
• Sales of barrier paper in China are projected to rise at 5.9% CAGR from 2024 to 2034.
• Sales of uncoated barrier paper are projected to reach US$ 3.57 billion by 2034-end.
• Revenue from barrier paper sales in Canada is calculated to increase at 2.4% CAGR from 2024 to 2034.

“Rising adoption of paperboard packaging due to its flexibility and versatility is contributing to barrier paper market growth,”says a Fact.MR analyst.

Market Developments

The barrier paper market is highly competitive, with several companies aiming to capture a leading market share. Key players in the market are Mitsubishi Hitec Paper, UPM Specialty Paper, Pudumjee, Mondi Group, and AR Packaging. The market is witnessing a rise in demand for water-resistant and tear-resistant paper products.

The popularity of digital printing technology, which requires high-quality papers with superior barrier properties, is on the rise. Manufacturers in the market are making relentless efforts to develop bio-based materials to replace petroleum-based polymer coatings.

Barrier Paper Industry News:

Leading companies in the barrier paper market are capitalizing on their robust production capabilities, extensive distribution networks, and innovative product development to stay ahead in a competitive landscape. To gain an edge, these key players are focusing on delivering high-quality products through competitive pricing and exceptional customer service. Additionally, they are targeting the food & beverage sector to drive sales growth across various regions.

Leading Players Driving Innovation in the Barrier Paper Market:

Key industry participants like Mitsubishi Hitec Paper; UPM Specialty Paper; Pudumjee; Mondi Group; AR Packaging; Koehler Paper; Nine Dragons Paper Holdings; Toppan; Sappi etc. are driving the barrier paper industry.

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More Valuable Insights on Offer

Fact.MR, in its new offering, presents an unbiased analysis of the barrier paper market for 2019 to 2023 and forecasts market statistics for 2024 to 2034.

The study divulges essential insights into the market based on printing method (flexo, offset, rotogravure), thickness (ISO 534) (0 to 50 µm, 51 to 75 µm, 75 to 100µm), coating type (coated, uncoated), GSM (<40, 40 to 80, >80),application (bags, laminates, pouches, sachets, sacks, wraps), and end use (food & beverages, personal care & cosmetics packaging, pharma packaging, decorative items), across seven major regions of the world (North America, Latin America, Eastern Europe, Western Europe, East Asia, South Asia & Pacific, and MEA).

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