NEWARK, Del, July 24, 2023 (GLOBE NEWSWIRE) -- The global metallized paper market is anticipated to reach a valuation of US$ 4.3 billion in 2023, driven by increasing demand for innovative and functional packaging. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 4.8% between 2023 and 2033, and reaching a total valuation of approximately US$ 6.8 Billion by 2033.
One of the primary factors contributing to the growth of the metallized paper market is the increasing demand for sustainable packaging. There is a significant shift towards sustainable packaging solutions in an era marked by growing environmental concerns. Metallized paper offers a compelling alternative to traditional plastic and non-recyclable materials. Metallized paper is well-positioned to meet the rising demand for sustainable packaging options, especially in industries such as food and beverages, personal care, and cosmetics, with its eco-friendly properties, including recyclability and biodegradability.
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Another significant factor contributing to market growth is the rising popularity of premium and luxury packaging, which is on the rise, driven by evolving consumer preferences for aesthetically appealing and high-quality products. Metallized paper, with its metallic finish and captivating visual effects, adds a touch of elegance and sophistication to packaging designs. The trend has led to increased adoption of metallized paper in industries such as spirits, confectionery, and luxury goods, where packaging plays a vital role in brand positioning and consumer perception.
The continuous advancements in printing technologies have revolutionized the capabilities of metallized paper. Digital printing, high-definition flexographic printing, and other advanced printing techniques enable intricate designs, vibrant colors, and detailed graphics on metallized paper surfaces, which has opened up new possibilities for creative and visually impactful packaging and labeling solutions, further driving the demand for metallized paper across industries.
Key Takeaways from the Market Study
- The global metallized paper market was valued at US$ 4.1 billion by 2022-end.
- From 2018 to 2022, the market demand expanded at a CAGR of 2.6%.
- Germany is expected to hold a dominant CAGR of 4.7% during the forecast period.
- By application, the labels segment is expected to constitute a CAGR of 4.7% in 2033.
- On the basis of end-user, the food & beverage segment is expected to dominate the market with a CAGR of 4.6% in 2033.
- From 2023 to 2033, metallized paper market is expected to flourish at a CAGR of 4.8%.
- By 2033, the market value of metallized paper is expected to reach US$ 6.8 billion.
Stringent government regulations, across the globe, is a major factor that is expected to propel the growth of the metallized paper market in the near future, remarks an FMI analyst.
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Competitive Landscape of Metallized Paper Market And Their Marketing Strategies
- Nissha Co., Ltd
- Vacmet India Ltd
- Verso Corporation
- Uflex Limited
- PH Glatfelter Co
- Lecta SA
- Sysco Industries Ltd
- PG Paper Company Ltd
- UPM-Kymmene Oyj
- Polyplex Corp. Ltd.
Recent Developments
- In December 2021, BillerudKorsnas, a prominent manufacturer of paper and fiber-based packaging solutions, announced its acquisition agreement with Verso Corporation, a renowned manufacturer of coated and metallized paper. The strategic move aims to accelerate BillerudKorsnas' growth in the North American region, leveraging the expertise and capabilities of Verso Corporation in producing high-quality coated and metallized paper.
- In 2020, Ricoh, a leading provider of printing solutions, collaborated with a metallized paper manufacturer to develop a specialized printing process for metallized papers. The collaboration resulted in the production of metallized papers that offer high-quality printing, excellent image reproduction, and vibrant colors.
- In the same year, Frescogroup, a renowned supplier of metallized paper, launched a range of sustainable metallized papers that are recyclable and compostable. The development addressed the growing demand for eco-friendly packaging materials and showcased the commitment of the company towards sustainability.
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More Valuable Insights Available
Future Market Insights offers an unbiased analysis of the global metallized paper market, providing historical data for 2018 to 2022 and forecast statistics from 2023 to 2033.
To understand opportunities in the metallized paper market, the market is segmented on the basis of thickness (upto 50 GSM, 51-100 GSM, 101-150 GSM, and above 150 GSM), by application (labels, wraps/overwraps, decoration, mailing envelopes, and graphic paper), by end-use industry (food, beverages, home care, personal care, electrical, chemicals, and banking), across five major regions (North America, Latin America, Western Europe, Eastern Europe, South Asia & Pacific, East Asia, and Middle East & Africa (MEA)).
The packaging team at Future Market Insights offers expert analysis, time-efficient research, and strategic recommendations with the objective to provide authentic insights and accurate results to help clients worldwide. With a repertoire of over 100+ reports and 1 Billion+ data points, the team has been analyzing the industry lucidly in 50+ countries for over a decade. The team provides a brief analysis of key trends including competitive landscape, profit margin, and research development efforts.
Key Segments Profiled In the Global Metallized Paper Market
By Thickness:
- Upto 50 GSM
- 51-100 GSM
- 101-150 GSM
- Above 150 GSM
By Application:
- Labels
- Wraps/Overwraps
- Decoration
- Mailing Envelopes
- Graphic Paper
By End Use Industry:
- Food
- Beverages
- Home Care
- Personal Care
- Electrical
- Chemicals
- Banking
Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- South Asia and the Pacific
- East Asia
- Middle East and Africa (MEA)
Explore Trending Reports of Packaging
Kraft Paper Machine Market Growth: The increasing applications of kraft paper from numerous end-use sectors, including healthcare, food and beverage, automotive, textile, and personal care industry drives the growth of the kraft paper machine market. Also, an increased desire for superior printing quality and sustainable packaging is also contributing to the market expansion.
Carbonless Paper Market Demand: The demand for carbonless paper has moderately increased lately as its use in laser and inkjet printers for digital printing has increased. The sales of carbonless paper are expected to have a positive outlook in the forecast period.
Specialty Paper Market Sales: The global specialty paper market size is set to gain a valuation of US$ 16.3 billion in 2023 and is expected to further expand at a CAGR of 5.1% from 2023 to 2033. It is estimated to reach a valuation of US$ 26.9 billion by 2033. Specialty paper sales are anticipated to bolster with the top 3 countries projected to hold around 40% to 45% of the global market by 2023.
Schrenz Paper Market Analysis: Demand for schrenz papers is surging at a rapid pace, owing to their favorable characteristics such as low technical properties, lightweight, highly inexpensive, recyclability, and biodegradability. These papers are finding a wide range of applications such as padding, wrapping, stuffing, and void filling, among others for packaging across FMCG and electronics industries.
Copier Paper Market Outlook: The copier paper market is forecast to record a CAGR of 1.6% between 2023 and 2033 in comparison to the 1.1% CAGR registered from 2018 to 2022. Rising demand across various end-use industries, expanding educational sector, and increasing penetration of photocopying machines across developing regions are the factors driving the market.
Flexible Packaging Paper Market Size: Flexible packaging paper is mainly used for packaging of several food items such as confectioneries, snacks, coffee, sugar, etc. In addition, growing concern related to disposal of plastic waste has created growth opportunities for the flexible packaging paper market.
Machine Glazed Kraft Paper Market Value: According to a recent FMI estimation, the market of machine-glazed kraft paper is predicted to generate an incremental potential of US$ 5.4 Bn during the forecast period. According to FMI analysis, the total revenue generated by the market of machine-glazed kraft paper was over US$ 9.1 Bn by the year 2021. The global market of machine-glazed kraft paper is expected to reach 1.6 times its current value by the forecast year 2030.
Rice Paper Stand Up Pouch Market Trends: A rice paper stand-up is made up of various layers of barrier materials that are built into one continuous sheet. The barrier materials and bag construction denotes the shelf life of the packaging. Therefore, choosing a higher quality bag will result in higher durability. There is an outer layer, a mid-layer, and an inner layer. The layers help to protect and prevent the product from external odors, UV light, oxygen, and moisture.
Uncoated Fine Paper Market Share: There is an increase in the consumption of uncoated fine paper for official purposes due to its high strength, durability, and high printing performance. Uncoated fine paper is widely used for printing and writing purposes in offices and other institutions. However, coated paper is more compatible with digital printing.
Specialty Paper Market Volume: The Kraft segment by product type is projected to create an absolute dollar opportunity for the global specialty paper industry. Growth is attributed to rising demand for luxury bags and other packaging solutions. The target segment is anticipated to expand by 7.1% during the forecast period.
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