Introduction
Welcome to the world of the europe barrier coated paper market, where sustainability meets innovation. In this comprehensive article, we will embark on a journey through the vibrant landscape of this market. From understanding its significance to unraveling the latest trends, we’ve got you covered. Let’s delve into the europe barrier coated paper market with enthusiasm and curiosity.
The Essence of Barrier Coated Paper
Barrier coated paper is a remarkable product designed to protect contents from external factors such as moisture, oil, and air. It has gained immense popularity across various industries for its exceptional properties.
Throughout the projection period (2023 to 2033), the European barrier-coated paper market is expected to witness significant growth, with total sales forecasted to surge from US$ 1.3 billion in 2023 to US$ 1.8 billion by 2033, representing a robust compound annual growth rate (CAGR) of 3.2%.
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Key Takeaways
- Europe barrier coated paper market is estimated to create a growth opportunity of US$ 500 Million during the projection period (2023 to 2032).
- Based on material, paper segment is estimated to hold around 73% of the market value share.
- By application, boxes are expected to account for about 36.0% of the total sales of barrier coated paper across Europe by the end of 2033, making it the leading sub-segment of packaging category.
- Based on coating type, water-based segment is likely to expand at 4.0% CAGR between 2023 and 2033.
- In terms of end users, electrical and electronics segment is anticipated to accelerate at a CAGR of 3.9% during the forecast period.
- Germany accounts for around 17.3% of the Europe barrier coated papers market.
- The United Kingdom is forecast to hold around 14.7% share of Europe market by the end of 2033.
“Introduction of barrier coated paper made from bio-based materials and coatings will help key barrier coated paper manufacturers across Europe to significantly expand their customer base,” says an FMI analyst.
The Future of the Europe Barrier Coated Paper Market
The future of the Europe Barrier Coated Paper Market looks promising, with sustainability and innovation at the forefront of industry development. As technology continues to advance and consumer preferences evolve, barrier coated paper is set to play a pivotal role in shaping the packaging landscape in Europe and beyond.
Who is Winning?
A few of the prominent players operating in the Europe barrier coated papers market are
- Paramelt B.V.,
- Toppan Inc,
- Mondi plc,
- Mitsubishi Hitec Paper Europe,
- Huhtamäki Oyj,
- UPM Specialty Papers Oy,
- AR Packaging,
- Koehler Paper,
- Krpa Paper,
- Billerud AB,
- Nissha Metallizing Solutions,
- West Rock,
- Ahlstrom-Munksjö Oyj,
- Nippon Paper Group, and
- Nordic Paper AS.
- among others.
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Europe Barrier Coated Paper Industry by Category
By Material:
- Paper
- Plastic
- PE
- PP
- PDVC
- PET
- Bio-based Plastic
- Wax
- AIOx
- SiOx
By Coating:
- Water-based Coating
- Solvent-based Coating
- Wax Coating
By Application:
- Printing
- Packaging
- Cups & Lids
- Trays
- Boxes & Cartons
- Pouches & Sachets
- Labels
- Blisters & Clamshells
- Wraps
- Tapes
By End User:
- Food & Beverage
- Cosmetic & Personal Care
- Pharmaceuticals
- Building & Construction
- Electrical & Electronics
- Tobacco Packaging
- Other Consumer Goods
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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