Materials & Packaging

Request for TOC Request for Sample
BUY NOW

Global Vegetable Parchment Paper Market – Industry Trends and Forecast to 2031

Materials & Packaging | Upcoming Report | Jun 2024 | Global | 350 Pages | No of Tables: 220 | No of Figures: 60

Report Description

Global Vegetable Parchment Paper Market, By Product Type (Bleached, Natural, Resin Treated, and Others), Application (Food, Paper Industry, and Others), Distribution Channel (Hypermarkets, Supermarkets, Specialty Stores, Online Stores, and Others), Type (30-40 gsm, 40-50 gsm, and Other), Classification (Plain Vegetable Parchment, and Siliconized Genuine Vegetable Parchment) – Industry Trends and Forecast to 2031.


 

Vegetable Parchment Paper Market Analysis and Size

In the food packaging sector, vegetable parchment paper is widely used due to its grease-resistant and moisture-resistant properties. It is ideal for wrapping and storing a variety of food items, such as baked goods, cheeses, and deli products, helping to maintain their freshness and prevent them from sticking to the packaging. Its natural and biodegradable nature also makes it a preferred choice for eco-friendly packaging solutions. In addition, vegetable parchment paper's ability to withstand heat allows it to be used in both refrigerated and oven-ready packaging, providing versatility for food manufacturers and consumers.

The global vegetable parchment paper market size was valued at USD 1.33 billion in 2023 and is projected to reach USD 2.25 billion by 2031, with a CAGR of 6.8% during the forecast period of 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.         

Report Scope and Market Segmentation       

Report Metric

Details

Forecast Period

2024 to 2031

Base Year

2023

Historic Years

2022 (Customizable to 2016-2021)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Product Type (Bleached, Natural, Resin Treated, and Others), Application (Food, Paper Industry, and Others), Distribution Channel (Hypermarkets, Supermarkets, Specialty Stores, Online Stores, and Others), Type (30-40 gsm, 40-50 gsm, and Other), Classification (Plain Vegetable Parchment and Siliconized Genuine Vegetable Parchment)

Countries Covered

U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E., Saudi Arabia, Egypt, South Africa, Israel, and Rest of Middle East and Africa

Market Players Covered

Reynolds Consumer Products (U.S.), Paterson Pacific Parchment Co (U.S.), Amol Paper Mills Pvt. Ltd (India), Kalpataru (India), Livriite Ventures (India), JK Paper (India), Black Label Paper Company (U.S.), Nordic Paper (Sweden), Tesco (U.K.), Ahlstrom-Munksjö (Finland), Pudumjee Paper Products (India), Shaoxing Tianming Paper Industry Co., Ltd (China), Sunrise Papers (India), Rockdude Impex Pvt. Ltd. (India), Kraft Interactions (India), Taian Baichuan Paper KK (China), McNairn Packaging (Canada), COREX Group (Belgium), and Scan Holdings (India)

Market Opportunities

  • Growing Technological Advancements
  • Expansion of Bakery Industries

Market Definition

Vegetable parchment paper is a type of specialty paper made from high-quality cellulose, treated with sulfuric acid or zinc chloride to create a non-stick, grease-resistant, and heat-resistant surface. This treatment gives the paper a smooth, durable finish, making it ideal for baking and cooking applications where it can withstand high temperatures and prevent food from sticking. It is commonly used for lining baking sheets, wrapping food, and other culinary uses.

Vegetable Parchment Paper Market Dynamics

Drivers

  • Growing Awareness of Health Concerns

Consumers are becoming more conscious of the potential health risks associated with certain packaging materials, such as plastics and chemicals due to which they seek safer alternatives. Vegetable parchment paper offers a natural, chemical-free option for food packaging, free from harmful substances such as BPA and PFAS. Its grease-resistant and non-toxic properties make it ideal for direct contact with food, assuring consumers of food safety. This heightened awareness of health considerations leads to an increased preference for vegetable parchment paper in the food packaging industry, driving market growth.

  • Rising Disposable Income

Individuals are more inclined to purchase premium and convenience food items, which often come packaged in vegetable parchment paper due to their superior qualities in preserving freshness and convenience. This trend is particularly notable in rapidly developing economies such as China and India, where a burgeoning middle class seeks convenient and higher-quality food products. The demand for vegetable parchment paper as a packaging material escalates, reflecting the direct correlation between rising disposable incomes and market growth in this sector.

Opportunities

  • Growing Technological Advancements

Innovations in manufacturing processes, such as improved coating techniques and treatments, enhance the properties of vegetable parchment paper, making it more durable, heat-resistant, and grease-resistant. Advanced machinery and equipment enable manufacturers to produce vegetable parchment paper with greater precision and consistency, meeting the evolving needs of consumers and industries. In addition, research and development efforts focus on developing eco-friendly and sustainable production methods, aligning with growing environmental concerns.

  • Expansion of Bakery Industries

With the growing popularity of bakery products worldwide, including bread, pastries, and cakes, there's an increased demand for packaging materials that preserve the freshness and quality of these perishable goods. Vegetable parchment paper provides an ideal solution due to its grease-resistant, moisture-resistant, and non-stick properties, which help maintain the integrity of baked goods during packaging and storage. In addition, as bakeries expand their offerings and cater to diverse consumer preferences, the demand for high-quality packaging materials such as vegetable parchment paper is expected to rise further, fueling market growth.

Restraints/Challenges

  • Fluctuating Raw Material Prices

Raw materials are essential in the production of parchment paper, and their prices can be subject to volatility due to factors such as changes in supply and demand dynamics, currency fluctuations, and environmental regulations impacting forestry practices. Such fluctuations can disrupt production schedules, increase manufacturing costs, and affect profit margins for parchment paper manufacturers. Moreover, uncertainty in raw material prices may lead to challenges in pricing strategies and supply chain management, making it difficult for companies to maintain competitiveness in the market.

  • Availability of Synthetic Alternatives

Synthetic materials such as silicone-coated parchment paper or plastic wraps offer similar functionalities at potentially lower costs, attracting price-sensitive consumers and businesses. Moreover, synthetic alternatives may offer enhanced performance characteristics, such as greater heat resistance or moisture retention, further challenging the market position of vegetable parchment paper. The perception of synthetic materials being more convenient or modern could sway consumer preferences away from traditional vegetable parchment paper.

This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the market contact Data Bridge Market Research for an analyst brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Development

  • In May 2023, Nipro PharmaPackaging International NV, a subsidiary of Nipro Corporation, acquired Piramida, a prominent Croatian glass pharmaceutical packaging producer. The acquisition, following Piramida's impressive growth under Blue Sea Capital's ownership, underscores Nipro's dedication to expanding its footprint in European and global pharmaceutical packaging markets
  • In September 2022, Gerresheimer AG and StevanatoGroup SpA collaborated to develop a high-end ready-to-use (RTU) solution platform, focusing initially on vials using StevanatoGroup's EZ-fill technology. This partnership promises customers increased productivity, higher quality standards, faster time to market, lower total cost of ownership (TCO), and reduced supply chain risks
  • In July 2022, Nipro Corporation Japan invested HRK 100 million in a new glass packaging plant in Croatia. The facility, located in Zagreb's suburb Sesvete, specializes in producing glass ampoules and vials for pharmaceuticals, aiming to meet the demand for life-saving drugs

Vegetable Parchment Paper Market Scope

The market is segmented on the basis of product type, application, distribution channel, type, and classification. The growth amongst the different segments helps you attain the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.

Product Type

  • Bleached
  • Natural
  • Resin Treated
  • Others

Application

  • Food
  • Paper Industry
  • Others

Distribution Channel

  • Hypermarkets
  • Supermarkets
  • Specialty Stores
  • Online Stores
  • Others

Type

  • 30-40 gsm
  • 40-50 gsm
  • Other

Classification

  • Plain Vegetable Parchment
  • Siliconized Genuine Vegetable Parchment

Vegetable Parchment Paper Market Regional Analysis/Insights

The market is analysed and market size, volume information is provided by product type, application, distribution channel, type and classification as referenced above.

The countries covered in the market report are the U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E., Saudi Arabia, Egypt, South Africa, Israel, and Rest of Middle East and Africa.

Asia-Pacific dominates the market, driven by a growing demand for convenience products in the food and baking industries. This surge is fueled by rising disposable incomes in countries such as China and India, which boost consumer spending. Additionally, the expanding middle class in these nations contributes to increased consumption of ready-to-eat and packaged food items, further propelling market growth.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Vegetable Parchment Paper Market Share Analysis

The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the company's focus related to the market.

Some of the major players operating in the market are:

  • Reynolds Consumer Products (U.S.)
  • Paterson Pacific Parchment Co (U.S.)
  • Amol Paper Mills Pvt. Ltd (India)
  • Kalpataru (India)
  • Livriite Ventures (India)
  • JK Paper (India)
  • Black Label Paper Company (U.S.)
  • Nordic Paper (Sweden)
  • Tesco (U.K.)
  • Ahlstrom-Munksjö (Finland)
  • Pudumjee Paper Products (India)
  • Shaoxing Tianming Paper Industry Co., Ltd (China)
  • Sunrise Papers (India)
  • Rockdude Impex Pvt. Ltd. (India)
  • Kraft Interactions (India)
  • Taian Baichuan Paper KK (China)
  • McNairn Packaging (Canada)
  • COREX Group (Belgium)
  • Scan Holdings (India)


SKU-

Table of Content

Please fill in the below form for detailed Table of Content

First name is required
Last name is required
Please enter Contact No.
Email is required
Please enter job tital
Please enter company name
Please select country

List of Table

Please fill in the below form for detailed List of Table

First name is required
Last name is required
Please enter Contact No.
Email is required
Please enter job tital
Please enter company name
Please select country

List of Figure

Please fill in the below form for detailed List of Figure

First name is required
Last name is required
Please enter Contact No.
Email is required
Please enter job tital
Please enter company name
Please select country

View Infographics

Please fill in the below form for detailed Infographics

First name is required
Last name is required
Please enter Contact No.
Email is required
Please enter job tital
Please enter company name
Please select country
CHOOSE LICENCE TYPE
  • 7000.00
  • 4800.00
  • 3200.00
  • 8000.00
  • 15000.00
Why Choose Us
Unlocking New Opportunities on this Report Post Covid-19