From 2022 to 2032, the white top testliner market is projected to expand at a CAGR of 3.5%. The market was valued at US$ 350 billion as of 2021; it is anticipated to grow at a 3% Y-o-Y rate to US$ 360 billion in 2022. The market is anticipated to reach US$ 507.78 billion by 2032. Increased demand for silicone elastomers, particularly in the construction and automotive industries, is credited with growth.
White Top Testliner is a 2-ply paper that has recycled paper on the bottom and bleached fibres, such as TCF (Totally Chlorine Free), on top. High-quality printing, agriculture, industrial packaging, consumer durables, electronics, food and beverage, and other industries all use white top testliner.
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Which are Some Prominent Drivers Spearheading White top testliner Market Growth?
One of the key factors driving the white top testliner market is the increasing growth of corrugated packaging. Because white top testliner provides a smoother and brighter surface for better appearance and printing, it also contributes to the global market’s growth.
White top testliner are preferred by market leaders due to their high recyclability. Another factor driving the white top testliner is its use in various end-use industries such as food and beverages, electronics, and consumer durable product packaging. Despite the positive outlook, increasing digitalization may impede the market growth of white top testliner
How does Europe affect the market for white top testliners?
Testliner makes up over two-thirds of the white top liners used in Europe, showing a preference for recycled packaging options. Demand for white top testliners is anticipated to expand in Europe as a result of both shifting consumer tastes and rising packaging sector demand. Over the past few years, manufacturers from various European nations have introduced a variety of white top testliners.
For instance, Whitepac A HP, Whitepac B, Whitepac B HP, and Whitepac C are just a few of the white top testliner characteristics that Europac Ltd. has introduced. In March 2018, Leipa Group also declared that it would start offering uncoated white top testliner to the German market. This also suggests that producers are concentrating on raising their output.
Why is Asia-Pacific Emerging as an Opportunistic White top testliner Market?
During the forecast period, the Asia Pacific white top testliner market is expected to emerge as the market leader in terms of market growth. This is due to the retail sector’s meteoric growth rate in China and India over the last decade.
While China is expected to register a healthy CAGR in terms of demand for uncoated white top testliner during the forecast period, India represents lucrative growth opportunities for the Asia Pacific uncoated white top testliner market.
Market Competition
Some of the key manufacturers in the global white top testliner market is as follows:
- Smurfit Kappa
- PG Paper Company Ltd.
- Europac Ltd.
- Mondi Group
- Stora Enso Oyj
- DS Smith Plc.
- International Paper Company
- Georgia-Pacific Holding LLC
- APV Germany GmbH
- Ecopab Inc.
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Key Segments Covered in the White Top Testliner Industry Report
White Top Testliner Market by Product Type:
- Coated White Top Testliner
- Uncoated White Top Testliner
White Top Testliner Market by Substance Range:
- White Top Testliner below 100 gsm
- White Top Testliner between 100-200 gsm
- White Top Testliner between 200-300 gsm
- White Top Testliner above 300 gsm
White Top Testliner Market by End Use Application:
- White Top Testliner for Consumer Durable Packaging
- White Top Testliner for Corrugated Cardboard Tray Packaging
- White Top Testliner for Food & Beverage Applications
- White Top Testliner for Electrical & Electronics
- White Top Testliner for Other Applications (Agriculture, cosmetics, etc.)
White Top Testliner Market by Region:
- North America White Top Testliner Market
- Latin America White Top Testliner Market
- Europe White Top Testliner Market
- Asia Pacific White Top Testliner Market
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