By 2021, the parchment paper market, according to Future Market Insights (FMI), is expected to exceed US$ 959 million. The total worth is anticipated to increase at a CAGR of 5.8% from 2021 to 2031, reaching US$ 1.6 billion.
The top 5 suppliers—Georgia-Pacific Corp., Ahlstrom-Munksjo Oyj, METSA Tissue, Delfort Group AG, and Nordic Paper AS—will account for almost 15% of the market in 2021 as the demand for parchment paper increases.
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The parchment paper market refers to the market for products made from parchment, a type of writing material made from animal skin that has been treated and prepared for use as a writing surface. Parchment paper is used in a variety of applications, including in the production of books, documents, and artwork.
Parchment paper is made from animal skins, such as sheep, goat, and calf, that are treated and processed to create a durable, semi-transparent material. The process of making parchment paper involves several steps, including soaking, stretching, and scraping the animal skin to remove hair and fat, and then treating it with chemicals to preserve and whiten the material.
One of the main benefits of parchment paper is that it is durable and long-lasting, making it well-suited for use in applications such as bookbinding and document preservation. Parchment paper is also acid-free, which means it will not yellow or degrade over time, making it an excellent choice for archival and preservation applications.
In recent years, the market for parchment paper has grown as the demand for archival and preservation products has increased. The market is expected to continue to grow as the demand for high-quality, durable writing materials remains steady. Parchment paper is also used for calligraphy and manuscript illumination.
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Parchment paper has a natural and unique texture, which makes it a popular choice for use in art and craft projects. Additionally, it can be used for baking, and as grease proof paper for cooking.
The parchment paper market is highly fragmented, with numerous small manufacturers and distributors operating in the market. Key players in the market include Pergamena, TALAS, JATC Parchment Company, Cennini Parchment and Vellum, and J.H. Drinkwater & Sons, among others.
Overall, the parchment paper market is expected to grow in the coming years as the demand for archival and preservation products continues to rise. The natural texture of the parchment paper and its suitability for various application will continue to drive the market growth.
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