Somewhere in the range of 2022 and 2029, the worldwide barrier coated papers market is assessed to develop at a CAGR of 4.5 percent, arriving at US$ 6.6 billion.
Barrier coated papers keep on acquiring prominence for bundling and printing applications in light of the fact that to their higher water obstruction, oil and oil opposition, and consistence with food prerequisites.
A new Future Market experiences (FMI) examination predicts that the market would develop at a pace of more than 4.5 percent somewhere in the range of 2022 and 2029, with huge commitments from the food, purchaser hardware, and retail enterprises.
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Barrier Coated Papers Market Study Key Takeaways
Water-based coatings are beating dissolvable based coatings in the barrier coated papers market. Due to the administrative scene, confined recyclability, and postponed corruption of dissolvable based barrier coated papers, water-based coatings are anticipated to represent most of market share by 2029.
Bundling is supposed to represent a huge part of the overall barrier coated paper market. Barrier-coated paper makes up in excess of 95% of drink bundling, as well as most of food wraps, cups, and tops utilized in the food business.
The food business has been featured as a key end-client for barrier coated papers, as oil and oil safe papers are expected for covering confines the bundling of ice cream parlor, dairy, and tidbits.
North America represents roughly 33% of the worldwide market for barrier coated papers. In the barrier coated papers market, North America is probably going to lose market offer to developing locales, especially South Asia and East Asia. This pattern can be attributed areas of strength for to in bundled food utilization and the retail business here.
In the barrier coated papers market, more extensive reception of maintainable barrier coatings is supposed to be an unmistakable pattern. Bio-based polymers are acquiring fame as covering materials and are projected to turn out to be more practical.
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Who Is Winning?
Paper packaging giants such as Stora Enso Oyj., UPM-Kymmene Oyj, Sappi Ltd., Billerudkorsnas AB, and Mitsubishi Paper Mills Limited are some of the prominent players operating in the global barrier coated papers market. Coating companies and paperboard converter companies are collaborating to develop innovative barrier coated papers.
- In November 2022, Stora Enso Oyj collaborated with HS Manufacturing Group (HSMG), a manufacturer of plant-based barrier coatings, to produce Stora Enso’s formed fiber offering.
- In November 2022, Smurfit Kappa collaborated with Mitsubishi HiTec Paper, to develop an innovative and recyclable food-safe packaging solution. The outer board-based packaging is made from Smurfit Kappa’s MB12 packaging solution and the inner packaging contains Mitsubishi HiTec Paper’s BARRICOTE barrier coated papers.
More About Barrier Coated Papers Report
Future Market Insights, in its new offering, offers an unbiased analysis of the global barrier coated papers market, analyzing historical demand from 2014-2021 and forecast statistics for 2022-2029.
The study unravels growth projections on the barrier coated papers market on the basis of coating type (water-based, solvent-based and wax coatings), material (paper, plastic (PE, PP, PVDC, bio-plastic (polysaccharides, PLA, PHA), PET, EVOH, PA), wax, AIOx, SiOx) and application (packaging (cups & lids, trays, boxes, pouches, labels, blisters & clamshells, wraps, and tapes) and end-use industries (food (bakery, confectionery, snacks, dairy, spices & condiments, and sauces), beverages, cosmetic & personal care, pharmaceuticals, building & construction, electrical & electronics, tobacco packaging, and others) across seven major regions.
Competitive Landscape
The global barrier coated papers market players are into both – organic and inorganic expansion to make their presence felt herein. Companies like Empowera offer a plethora of solutions that efficiently replace fluorochemicals, polyethylene or waxes in paper cups, food packaging, wrapping paper, plates, and likewise.
The viscosity of these products could be adjusted as per application. There are the other players treading the same path in barrier coated papers market.
- Stora Enso, in November 2019, inked a strategic collaboration with HSMG (HS Manufacturing Group) for developing the former’s formed fiber offering.
- Sonoco Products Company, in May 2019, did invest US$ 17 Mn for “Dream Machine” to laminate and coat paper & paperboard products all across Birmingham.
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Key Segments Covered in Barrier Coated Papers Industry Research
By Coating :
- Water-based Coating
- Solvent-based Coating
- Wax Coating
By Material :
- Paper
- Plastic
- Polyethylene (PE)
- Polypropylene (PP)
- Polyvinylidene dichloride (PVDC)
- Polyethylene Terephthalate (PET)
- Bio-based Plastic
- Wax
- Aluminum Oxides (AlOx)
- Silicon Oxides (SiOx)
By Application :
- Packaging
- Printing
By End-user :
- Food
- Bakery
- Confectionery
- Snacks
- Dairy
- Spices & Condiments
- Sauces
- Beverages
- Cosmetic & Personal Care
- Pharmaceuticals
- Building & Construction
- Electrical & Electronics
- Tobacco Packaging
- Other Consumer Goods (Agriculture, Automotive, Home Care, etc.)
By Region :
- North America Barrier Coated Papers Market
- Latin America Barrier Coated Papers Market
- Europe Barrier Coated Papers Market
- East Asia Barrier Coated Papers Market
- South Asia Barrier Coated Papers Market
- Oceania Barrier Coated Papers Market
- Middle East & Africa (MEA) Barrier Coated Papers Market
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