The global glassine paper market is projected to witness positive growth in 2021, with worldwide revenues up by 3.2% year over year. A new market analysis by Future Market Insights (FMI) estimates the glassine paper revenues to nearly double between 2021 and 2031, reaching US$ 4.7 Bn in 2031, exhibiting a steady 5.0% CAGR.
Packaging industry is regaining its momentum in the last few years, thanks to the bolstering growth in the e-commerce industry. Today, every person across the world thinks of purchasing products online than visiting a store. There is more to this that players in the manufacturing market would want to know. Besides e-commerce, the growth of packaging market also relies on several other application industries like food, healthcare, and consumer goods. There are new trends emerging in each of these sectors too.
Further, the packaging market increasingly depends on the varying requirements of the consumers. To meet these ever-evolving demands, players in the packaging market are bringing out innovative products.
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FMI, in its upcoming business report, elaborates the historical and current scenario of the global Glassine Paper market in terms of production, consumption, volume, and value. The report scrutinizes the market into various segments, regions and players on the basis of demand pattern and growth prospects.
Crucial information and forecast statistics covered in the Glassine Paper market report will arm both existing and emerging market players with necessary insights to craft long-term strategies as well as maintain business continuity during a crisis such as the ongoing COVID-19 pandemic.
COVID-19 Impact Analysis on Glassine Paper Market
The recent outbreak of the COVID-19 has adversely affected various markets in the packaging industry, and the Glassine Paper market is no exception. Products which are deemed ‘essential’ continue to experience significant sales, while non-essential items faced a sharp decline in demand.
Following government’s measures, particularly social distancing norms and stay-at-home orders, companies operating in the Glassine Paper market have put their production on a halt. Additionally, movement restrictions and supply chain disruptions have created a logistical nightmare for market players, leading to severe product shortages in the global marketplace. Several market players are further planning to relocate their supply chain from China – the first epicenter of the COVID-19.
The FMI’s report includes an interesting chapter on preliminary impact of the COVID-19 on the Glassine Paper market. This allows both leading and emerging market players to understand the market scenario during a crisis and aids them in making sound decisions to gain a distinct competitive edge.
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Glassine Paper Market: Segmentation
Valuable information covered in the FMI’s Glassine Paper market report has been segregated into key segments and sub-segments.
Glassine Paper Market by Category
By Material Type:
- Bleached
- Unbleached
By Application:
- Cups & Wrappers
- Soap Wrapping
- Flower Wrapping
- Binding Paper
- Tapes & Labels
By End Use:
- Food
- Pharmaceutical
Glassine Paper Market: Competition Analysis
The FMI’s study presents a comprehensive analysis of global, regional, and country-level players active in the Glassine Paper market. Competitive information detailed in the Glassine Paper market report has been based on innovative product launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation of each market player. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the Glassine Paper market report.
Key players covered in the report include:
- Nippon Paper Industries Co. Ltd
- Shandong Chenming Paper Holdings Ltd.
- Glassine Canada Inc.
- Cartiere Ermolli S.P.A.
- Guilin Qifeng Paper Co., Ltd.
- Henan Jianghe Paper Co., Ltd.
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Important Questions Answered in the Glassine Paper Market Report
- Which end user remains the top revenue contributor in different regional markets?
- At what rate has the global Glassine Paper market been expanding during the forecast period?
- How will the global Glassine Paper market look like by the end of the forecast period?
- What innovative strategies are adopted by Glassine Paper market players to stay ahead of the pack?
- What are the restraints affecting the growth of the global Glassine Paper market?
Key Offerings of the Report
- Growth Drivers and Opportunities: Comprehensive analysis on growth-driving factors and opportunities for market players in different regional markets
- Recent Trends and Forecasts: Detailed assessment on the latest trends, technological developments, and forecasts for a 5-year or 10-year period.
- Segmental Analysis: Extensive analysis on each segment and factors differentiating the role of these segments in market revenue forecasts and growth rate analysis
- Regional Market Forecast: Thorough analysis of each regional market to arm stakeholders with necessary information to take critical decisions
- Competitive Landscape: All-inclusive insights on both leading and emerging players vying for a slice of the Glassine Paper market
About FMI
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
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