Monday, November 28, 2022

Base Paper Market to Display Impressive Growth of 1.75% with Rising Demand

Last updated Friday, November 11, 2022 05:10 ET , Source: Future Market Insights, Inc.

Newark, United States, 11/11/2022 / Future Market Insights, Inc. /

Base paper is the direct food contact packaging material used for protecting food items from adverse impact of environment. Base paper is the primary wrapping paper used as single-use packaging for chocolates, sugar, and other products. However, the application of base paper is not limited up to food industries. The base paper is also useful for lamination, coating, and decoration. The Base paper provides barrier to the stored product from moisture and heat. The opaque laminating base paper has high surface smoothness and more opaque for quality printing.

The demand for base paper is increasing consistently, as it gives good tear barrier when used with other substrates such as polyethylene, aluminium foil. These type of base paper are best suitable for flexible packaging application. Tough competition among the manufacturers of base paper is witnessed, as there is a huge demand for ecofriendly packaging. The base paper is easily degradable and emits negligible carbon contents. It is expected that the base paper market will grow exponentially along with the expansion of food packaging industries during forecast period. 

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Base Paper Market: Dynamics 

The driving factor for base paper market is the increasing demand for ecofriendly and recyclable packaging material. Because of hazardous impact of non-degradable plastic use, many countries are switching for sustainable packaging solution. Base paper is chemical free paper which acts as a fueling factor for increasing the global market of base paper across the world. It has zero effect on human health and environment. The growth of base paper market is increasing exponentially because it can be used as décor paper. Depending up on the requirement, the decor paper is used as overlay paper, barrier paper, print paper, absorbent kraft paper.

Also, the base paper market is growing on the backdrop of construction industries as the shuttering paper gives more wet resistance and good tensile strength. In pharmaceutical industries, the base paper (also called as medical paper or bactite paper) is used for packaging of medical or surgical disposables. As it gives maximum protection against bacterial growth, it is expected that the base paper market will increase with the expansion of pharmaceutical industries. Lucrative opportunities are witnessed for laminating base paper across the world as it provides high barrier to the product from moisture and air. 

Base Paper Market: Regional Outlook 

The base paper market is growing on the backdrop of paper and pulp industries. It is witness that the top key payers of paper and pulp industries are present in North America and Europe. The consumption of base paper in the U.S. is more because of increasing ready to eat food segment and confectionery food packaging. Mexico is the emerging market hence significant growth is expected for base paper market. Europe is a mature market hence sluggish growth is witnessed. With the development of pharmaceutical industries in APAC region, the demand for base paper is increasing in China and India. However China is the top exporter of base papers. The production of laminated base paper is also increasing in MEA region where as the regional consumption is low. Hence, the key players are exporting base paper to European market. 

Base Paper Market: Key Players 

  • Twin Rivers Paper Company 
  • KRPA Holding CZ, A.S. 
  • Ahlstrom-Munksjö 
  • International Paper 
  • Graphic packaging 
  • Stora Enso Oyj 
  • Pudumjee Paper Products 

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The base paper market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts, and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies. 

Regional analysis includes – 

  • North America 
  • Latin America 
  • Western Europe 
  • Eastern Europe 
  • East Asia 
  • South Asia 
  • Middle East & Africa (MEA) 

Base Paper Market: Segmentation 

The base paper market is classified on the basis of raw material, product form, and grade as follows 

On the basis of Product Form, 

  • Rack mount 
  • Portable 

On the basis of Grades, 

  • Up to 40 GSM 
  • 40 to 70 GSM 
  • Above 70 GSM 

On the basis of End Use, 

  • Food industries 
  • Pharmaceutical 
  • Construction 
  • Others 

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Report highlights: 

  • Detailed overview of parent market 
  • Changing market dynamics in the industry 
  • In-depth market segmentation 
  • Historical, current and projected market size in terms of volume and value 
  • Recent industry trends and developments 
  • Competitive landscape 
  • Strategies of key players and products offered 
  • Potential and niche segments, geographical regions exhibiting promising growth 
  • A neutral perspective on market performance 
  • Must-have information for market players to sustain and enhance their market footprint 

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