Parchment Paper Market: Current Analysis and Forecast (2024-2032)
Emphasis on Product Type (Rolls and Sheets/Cut-size); End-Use (Food Packaging, Bakery & Confectionery, and Others); Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Online Retail, and Others); and Region/Country
Global Parchment Paper Market Size & Forecast
The global Parchment Paper Market was valued at USD 1.04 Billion in 2023 and is expected to grow to a strong CAGR of around 5.6% during the forecast period (2024-2032) owing to rising consumer preference for sustainable and compostable packaging solutions boosting demand for parchment paper as a greener alternative to plastic-based wraps.
Parchment Paper Market Analysis
The parchment paper market is expanding because industries need eco-friendly heat-resisting greaseproof packaging solutions specifically for food delivery and baking along with packaging requirements. The manufacture of parchment paper from cellulose materials produces sustainable packaging that matches worldwide sustainability targets and new regulations promoting biodegradable materials. The parchment paper market is growing because customers want chemical-free packaging materials and there is increased demand for ready-to-eat convenience foods and food services are expanding. Market growth receives additional support from modern manufacturing techniques alongside paper products that become both recyclable and capable of decomposition.
Global Parchment Paper Market Trends
This section discusses the key market trends that are influencing the various segments of the global Parchment Paper market, as found by our team of research experts.
Rising Demand for Convenient and Eco-Friendly Cooking Drives Parchment Paper Market Growth
The parchment paper industry demonstrates steady market expansion since consumers increasingly seek easy-to-use non-stick products that are both environmentally friendly. The combination of health-conscious eating behavior and social media has led to rising trends in home baking and meal preparation which resulted in an explosive demand for superior grease-resistant parchment paper. The food service market has grown because sustainable packaging and disposable cooking liners are now being adopted by this industry. Manufacturers respond by developing compostable unbleached pre-cut parchment sheets to serve environments seeking sustainability solutions and commercial kitchen requirements.
Parchment Paper Industry Segmentation
This section provides an analysis of the key trends in each segment of the global Parchment Paper market report, along with forecasts at the global, regional, and country levels for 2024-2032.
Food Packaging Category Dominates the Parchment Paper Market.
Based on the end-use, the market is segmented into food packaging, bakery & confectionery, and others. Among these, the food packaging segment is the largest contributor to the parchment paper industry. Restaurants, bakeries, and food delivery services opt for parchment paper to wrap their products as well as perform baking tasks and storage because this packaging material provides a safe and fully compostable solution compared to traditional plastic wrappers. The parchment paper market continues to grow because manufacturers develop sustainable silicon-coated products along with unbleached parchment paper solutions that comply with regulatory demands and environmental targets.
The Rolls Market Category Dominates the Parchment Paper Market.
Based on product type, the market is segmented into rolls and sheets/cut-size. Among these, the rolls market segment is the largest contributor to the parchment paper industry because this format enables flexibility, economic value, and user-friendly characteristics for domestic kitchens and commercial establishments. You can personalize the size of parchment products using rolls to improve their adaptability and reduce waste output in various baking applications cooking scenarios and packaging tasks. The market is growing because bakeries and home kitchens together with food service providers demand non-stick eco-friendly grease-resistant parchment paper products. Innovation of perforated pre-cut rolls and compostable parchment rolls drives market growth by following current sustainable trends in the food and retail markets.
North America is expected to grow at a considerable rate during the forecast period.
The North American parchment paper market is moving forward due to expanding food and beverage sector needs and domestic use and baking industry requirements because consumers choose flexible non-stick sustainable cooking materials. The market expansion benefits from three growth factors including home baking popularity and internet meal delivery coupled with green packaging solutions. Reynolds Consumer Products together with Georgia-Pacific and Ahlstrom-Munksjö are among the dominant forces leading the parchment paper market in the U.S. and Canada. Market dynamics experience influences both food safety regulations and sustainable paper requirements as well as new developments in compostable and silicone-coated parchment paper products. The market growth results from both e-commerce expansion and retail store expansion which makes products more accessible to consumers.
Parchment Paper Industry Competitive Landscape
The global Parchment Paper Market is competitive, with several global and international market players. The key players are adopting different growth strategies to enhance their market presence, such as partnerships, agreements, collaborations, new product launches, geographical expansions, and mergers and acquisitions.
Top Parchment Paper Manufacturing Companies
Some of the major players in the market are Reynolds Consumer Products; Nordic Paper (Shanying lnternational Holding Co Ltd); If You Care (Source Atlantique, Inc.); Amol Paper Mills Pvt. Ltd.; Veloppe; Delfort Group AG; COREX Group (VPK Group.); McNairn Packaging (AmerCareRoyal, LLC (ACR)); DISPAPALI; Cosmoplast (Harwal Group)
Recent Developments in the Parchment Paper Market
- In July 2022, Nordic Paper created a new natural greaseproof paper for the food industry without the presence of fluorochemicals in it. The company has achieved a breakthrough in attaining natural barrier properties in its newly developed paper product without the addition of fluorochemicals. Developments like these are helpful for the company to attract a bigger customer base by offering more sustainable options to packaging manufacturers.
- In December 2021, Nordic Paper concluded the acquisition of Glassine Canada Inc. This acquisition is expected to help the company make a strong footprint in the North American market.
Global Parchment Paper Market Report Coverage
Report Attribute | Details |
Base year | 2023 |
Forecast period | 2024-2032 |
Growth momentum | Accelerate at a CAGR of 5.6% |
Market size 2023 | USD 1.04 Billion |
Regional analysis | North America, Europe, APAC, Rest of the World |
Major contributing region | North America is expected to dominate the market during the forecast period. |
Key countries covered | U.S., Canada, Germany, U.K., Spain, Italy, France, China, Japan, and India |
Companies profiled | Reynolds Consumer Products; Nordic Paper (Shanying lnternational Holding Co Ltd); If You Care (Source Atlantique, Inc.); Amol Paper Mills Pvt. Ltd.; Veloppe; Delfort Group AG; COREX Group (VPK Group.); McNairn Packaging (AmerCareRoyal, LLC (ACR)); DISPAPALI; Cosmoplast (Harwal Group) |
Report Scope | Market Trends, Drivers, and Restraints; Revenue Estimation and Forecast; Segmentation Analysis; Demand and Supply Side Analysis; Competitive Landscape; Company Profiling |
Segments Covered | By Product Type; By End-Use; By Distribution Channel; By Region/Country |
Reasons to Buy Parchment Paper Market Report:
- The study includes market sizing and forecasting analysis confirmed by authenticated key industry experts.
- The report briefly reviews overall industry performance at one glance.
- The report covers an in-depth analysis of prominent industry peers, primarily focusing on key business financials, type portfolios, expansion strategies, and recent developments.
- Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry.
- The study comprehensively covers the market across different segments.
- Deep dive regional level analysis of the industry.
Customization Options:
The global parchment paper market can further be customized as per the requirement or any other market segment. Besides this, UnivDatos understands that you may have your own business needs, hence feel free to contact us to get a report that completely suits your requirements.
Table of Contents
Research Methodology for the Global Parchment Paper Market Analysis (2024-2032)
We analyzed the historical market, estimated the current market, and forecasted the future market of the global Parchment Paper market to assess its application in major regions worldwide. We conducted exhaustive secondary research to gather historical market data and estimate the current market size. To validate these insights, we carefully reviewed numerous findings and assumptions. Additionally, we conducted in-depth primary interviews with industry experts across the parchment paper value chain. After validating market figures through these interviews, we used both top-down and bottom-up approaches to forecast the overall market size. We then employed market breakdown and data triangulation methods to estimate and analyze the market size of industry segments and sub-segments.
Market Engineering
The data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers for each segment and sub-segment of the global Parchment Paper market. After studying various parameters and trends in the global parchment paper market's product type, end-use, distribution channel, and regions, data was split into several segments and sub-segments.
The Main Objective of the Global Parchment Paper Market Study
The study identifies current and future trends in the global parchment paper market, providing strategic insights for investors. It highlights regional market attractiveness, enabling industry participants to tap into untapped markets and gain a first-mover advantage. Other quantitative goals of the studies include:
Market Size Analysis: Assess the current and forecast market size of the global parchment paper market and its segments in terms of value (USD).
Parchment paper Market Segmentation: Segments in the study include areas of product type, end-use, distribution channel, and regions.
Regulatory Framework & Value Chain Analysis: Examine the regulatory framework, value chain, customer behavior, and competitive landscape of the parchment paper industry.
Regional Analysis: Conduct detailed regional analysis for key areas such as Asia Pacific, Europe, North America, and the Rest of the World.
Company Profiles & Growth Strategies: Company profiles of the parchment paper market and the growth strategies adopted by the market players to sustain in the fast-growing market.
Frequently Asked Questions FAQs
Q1: What is the global Parchment Paper market’s current market size and growth potential?
The global parchment paper market was valued at USD 1.04 Billion in 2023 and is expected to grow at a CAGR of 5.6% during the forecast period (2024-2032).
Q2: What are the driving factors for the growth of the global Parchment Paper market?
Fast-food chains and QSRs use parchment paper for wrapping burgers, sandwiches, and baked goods, propelling market expansion.
Q3: Which segment has the largest global Parchment Paper market share by product type category?
The rolls market segment has the largest share of the global parchment paper market by product type segment.
Q4: What are the emerging technologies and trends in the global Parchment Paper market?
Businesses use customized parchment paper with logos and branding as a marketing tool in food packaging and restaurant services.
Q5: Which regions dominate the global parchment paper market?
North America is expected to dominate the market during the forecast period.
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