The butchers paper market forecasted to registering 4.5% CAGR during the forecast period (2022-2032) and to reach US$ 390.3 Million by 2032.
Survey Conducted by Future Market Insights (FMI), a Leading Market Research and Competitive Intelligence Provider Offers Insights into Vital Dynamics Facilitating the Growth in the Global Butchers Paper Market over the Assessment Period 2022-2032.
As per the comprehensive analysis conducted by ESOMAR-certified consulting firm, FMI, the global butchers paper market is expected to grow at a healthy CAGR during the forecast period (2022-2032). The objective of the study is to analyze key market dynamics and uncover critical trends & opportunities that will elevate the sales butchers paper in the coming 10-years.
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The butchers paper market is expected to have significant growth in the coming years, creating an absolute $ opportunity of US$ 138.9 Mn by 2032.
Based on the material, the bleached segment is projected to lead the global butchers paper market during the forecast period. The reason behind this is superior quality and higher strength of bleached butchers paper. The bleached material segment is estimated to create an incremental opportunity of US$ 123.9 Mn during 2022-32.
The global butchers paper market witnessed a CAGR of 3.2% during the historic period with a market value of US$ 242.9 Mn in 2021. However, with widening application of butchers’ paper across various sectors, the overall market size is expected to grow at 4.5% CAGR through 2032.
Butchers paper is a type of paper primarily used for the purpose of wrapping meat and fish to protect them against airborne contaminants and flavor contamination. It is generally made from bleached and unbleached materials and finds application across various industries.
Over the years, rising need for keeping the juicy food products safe from being leaked has increased the usage of butchers’ paper and the trend is likely to continue during the assessment period. Butchers paper is being increasingly used during smoking of meat as it doesn’t trap moisture.
Similarly, the continuously growing end user sectors including restaurants, cafes, canteens, etc. is projected to drive the demand for butchers’ paper during the forecast period.
Key Butchers Paper Market Takeaways and Projections
- The U.S. is expected to lead the North america butchers paper market, projecting the fastest growth in the region between 2022 and 2032
- Germany and the U.K. are expected to, collectively, hold the largest share in the Europe market over the assessment period.
- China will dominate the East Asia market, accounting for the largest demand share during the forecast period.
- India is expected to emerge as a highly remunerative market in South Asia, contributing the significant revenue share in the region through 2032.
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Competitive Landscape Analysis
The market survey conducted by FMI offers key trends and challenges in the packaging industry and its consequent impact of butchers paper market. The survey provides a thorough market share analysis to offer an in-depth analysis of prevailing competition.
It also provides a list of leading players and recent development in the global butchers paper market. Some of the prominent market players are WestRock CP LLC, Georgia-Pacific LLC., Danco Converting, Delta Paper, Oren International, Fulton International Idustry Limited, Reynolds Consumer Products, Novolex, COPAMEX, Papertec, Inc., Shamrock Paper Company, ALFINCART Ltd, Fleenor Paper Company, Brown Paper Goods
Butchers Paper Market by Category
By Material:
- Bleached
- Unbleached
By Weight:
- 35 to 65 GSM
- 66 to 95 GSM
- 96 to 105 GSM
- 105 to 120 GSM
By End Users:
- Hotels & Restaurants
- Cafes & Kiosks
- Canteens
- QSR
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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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