Designed to stop grease and oil from penetrating the paper, greaseproof paper sheets are a form of packaging material that are perfect for enclosing food items like hamburgers, sandwiches, and pastries. These sheets are often constructed from paper that has been chemically coated to make them resistant to grease and can be either bleached or unbleached. The rising demand from the food industry is anticipated to drive a significant increase in the market for greaseproof paper sheets globally over the next several years.
The global market for greaseproof paper sheets is anticipated to reach US$ 1.2 billion in 2023 and will grow at a CAGR of 5.8% to reach US$ 2.1 billion by the year 2033, per FMI study.
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One of the main drivers of the greaseproof paper sheets market is the growing demand for convenience foods and takeout options. With the rise of fast food restaurants and food delivery services, there is an increasing need for packaging materials that can keep food fresh and prevent grease from leaking. Greaseproof paper sheets provide an effective solution for this, as they can be used to wrap burgers, sandwiches, and other foods, keeping them warm and preventing the oil from seeping through the paper.
Another factor driving the market is the growing awareness of the environmental impact of packaging materials. Greaseproof paper sheets are an eco-friendly option as they are biodegradable and can be recycled. Additionally, many manufacturers are now using sustainable materials and processes to produce these sheets, making them an even more environmentally friendly choice.
In terms of geography, Europe is expected to dominate the global greaseproof paper sheets market due to the region’s strong food industry and growing demand for eco-friendly packaging options. The region is home to several leading food manufacturers and fast food chains that require high-quality, grease-resistant packaging materials. Additionally, there is increasing pressure from consumers and regulatory bodies to reduce the environmental impact of packaging materials, which is driving demand for eco-friendly options such as greaseproof paper sheets.
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In conclusion, the greaseproof paper sheets market is expected to continue growing in the coming years due to the increasing demand from the food industry and growing awareness of environmental sustainability. The market is highly competitive, with numerous players operating globally. Europe is expected to dominate the market due to the region’s strong food industry and growing demand for eco-friendly packaging options. As the market continues to evolve, manufacturers are likely to focus on developing new and innovative products that offer even greater performance and sustainability benefits.
Competitive Landscape
- In March 2022, Napco National trading and distribution division announced its partnership with one of the pioneers in the food manufacturing industry which is Sunbulah Group in the Middle East and Saudi Arabia.
- In December 2021, Nordic Paper announced the completion of acquiring Glassine Canada Inc., which is the manufacturer of greaseproof paper based in Canada and supplies in North America, for expanding its footprint in North America.
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- Nordic Paper AS
- Georgia-Pacific Corp.
- Ahlstrom Munksjo Oyj.
- McNarin Packaging
- SIMPAC Inc
- KRPA Holding CZ a.s.
- Napco National
- Twin Rivers Paper Company
Greaseproof Paper Sheets Market by Category
By Basis Weight, Greaseproof Paper Sheets Market is segmented as:
- Below 40 GSM
- 40 to 80 GSM
- Above 980 GSM
By Product Type, Greaseproof Paper Sheets Market is segmented as:
- Bleached
- Unbleached
By End Use, Greaseproof Paper Sheets Market is segmented as:
- Bakery & Confectionary
- Ready-to-Eat Meal
- Fresh Produce
- Other Food Products
By Region, Greaseproof Paper Sheets Market is segmented as:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Middle East & Africa (MEA)
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