The market for cold seal paper is anticipated to reach US$ 812.7 million in 2022 and grow at a 5.2% CAGR from 2022 to 2032. By the end of 2032, the market is projected to be worth US$ 1,349.2 Mn. By the end of 2022, the top 5 corporations are anticipated to control between 20 and 25 percent of the global market.
Paper that can be sealed without the use of heat is known as cold seal paper because it has a specific coating on one side. Due to its simplicity of use and lack of specific tools, this kind of paper is frequently used for mailing and packing purposes.
Increasing demand for convenient packaging is driving sales of wrapping paper such as cold seal paper by providing a cost-effective and efficient way to package products. Cold seal paper is a packaging material used to create a protective barrier for products.
This type of packaging is ideal for products that require a secure seal such as food, beverages, pharmaceuticals, and others. The convenience of cold seal paper makes it an attractive option for businesses looking to reduce costs and increase efficiency.
Request Sample Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-13657
Competitive Landscape
Key players operating in the global cold seal paper market are trying to focus on increasing their sales and revenues by expanding their capabilities to meet the growing demand. These key players are trying to adopt the merger & acquisition strategy to expand their resources.
A few other companies are developing new products to meet the rising customer needs. Also, some of the renowned players are focusing on upgrading their facilities to cater to the surging demand.
Key Companies Profiled
- Pak Pack Ltd
- Packaging Products (Coatings) Ltd
- Adiambe Papers Private Limited
- Angloscand Limited
- FFP Packaging Ltd.
- Roberts Mart & Co Ltd.
- GRAVURE PACKAGING PRODUCTS
- American Printpak Inc.
- TekniPlex
- KOEHLER PAPER
Why are Cold Seal Paper Sales Surge Surprisingly in India?
“Indian Pharmaceutical Market Needs Cohesive Packaging Solutions”
According to FMI, the cold seal paper market in India is anticipated to grow at a CAGR of 5.7% over the forecast period. The market for cold seal sheets is anticipated to be driven by the Indian pharmaceutical industry due to the growing demand for such packaging options for pharmaceutical items.
The Department of Pharmaceuticals of the Indian Government reports that India’s pharmaceutical sector has expanded significantly in recent years. India presently ranks third in the world in terms of production volume and fifteenth in terms of value, making up around 10% of the volume and 1.5% of the value of worldwide production, respectively.
Get Flat 40% Off on Report Customization @ https://www.futuremarketinsights.com/customization-available/rep-gb-13657
2015-2021 Global Cold Seal Paper Market Outlook Compared to 2023-2033 Demand Forecast
The global cold seal paper market witnessed a CAGR of 4.7% during the historical period and reached a valuation of US$ 773.7 Mn in 2021. Cold seal paper is a type of packaging paper that is used to create a self-adhesive seal.
It is utilized in a wide variety of applications and is especially useful for shipping items that need to remain sealed from dust, water, and other environmental contaminants. Cold seal paper has a waxy or sticky texture which helps it to create a tight seal and is designed to be used without the need for heat or other forms of energy.
The continuously growing food & beverage and food service industries is projected to drive the demand for cold seal papers. Also, increasing demand for convenience and on-the-go packaging solutions is set to aid sales
Cold Seal Paper Market Outlook by Category
By Grade:
- Kraft
- Recycled
By Thickness:
- Up to 50 GSM
- 51 to 80 GSM
- Above 80 GSM
By End Use:
- Pharmaceutical
- Building & Construction
- Food & Beverages
- Automotive
- Other Industrial
By Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Middle East & Africa
- Oceania
Request Complete TOC @ https://www.futuremarketinsights.com/toc/rep-gb-13657
About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com