The global schrenz paper market is poised to present a substantial absolute dollar opportunity, surpassing US$ 6.5 billion by the conclusion of 2032. Projections indicate that the demand for schrenz paper will exceed the US$ 4 billion mark by 2022, with a forecasted Compound Annual Growth Rate (CAGR) ranging from approximately 5% to 6% throughout the forecast period spanning from 2022 to 2032.
This growth trajectory is primarily attributed to the escalating demand for high-weight kraft liners with excellent resistance properties across various industries, coupled with an increasing preference among end users for paper-based packaging solutions on a global scale. These factors collectively contribute to the growth prospects of the global schrenz paper market.
The demand for schrenz papers is experiencing rapid and robust growth, primarily due to their advantageous properties, which include low technical specifications, lightweight nature, cost-effectiveness, recyclability, and biodegradability. These versatile papers are being extensively utilized across various applications, including padding, wrapping, stuffing, and void filling, particularly within the Fast-Moving Consumer Goods (FMCG) and electronics industries. The multifaceted utility of schrenz papers in packaging, combined with their eco-friendly attributes, is driving their surge in demand across these sectors.
Request for a Sample of this Research Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-9084
Key Drivers:
- Cost-Effective Packaging: Schrenz paper is highly cost-effective compared to other packaging materials, making it an attractive choice for businesses looking to optimize packaging costs.
- Lightweight Nature: The lightweight property of schrenz paper reduces transportation costs and is favored for various packaging applications.
- Recyclability: Schrenz paper is recyclable and environmentally friendly, aligning with sustainability goals and appealing to eco-conscious consumers.
- Biodegradability: The biodegradable nature of schrenz paper makes it a preferred choice for environmentally friendly packaging solutions.
- Versatility: Schrenz paper is versatile and suitable for various packaging applications, including padding, wrapping, stuffing, and void filling.
- Packaging in FMCG: Fast-Moving Consumer Goods (FMCG) industries extensively use schrenz paper for packaging due to its cost-effectiveness and lightweight properties.
- Electronics Packaging: Schrenz paper is used for packaging electronic products and components due to its protective qualities and affordability.
- Void Filling: It is used as void fill in packaging to protect fragile items during shipping, reducing the risk of damage.
- Growth in E-commerce: The growth of e-commerce has led to increased demand for packaging materials like schrenz paper for safe and efficient shipping of goods.
- Low Technical Properties: Schrenz paper’s low technical specifications, such as porosity and strength, make it suitable for specific packaging applications.
- Consumer Preference: Consumers are increasingly inclined toward paper-based packaging solutions due to their eco-friendliness and recyclability.
- Reduced Environmental Impact: The use of schrenz paper helps reduce the environmental impact of packaging materials, aligning with sustainability trends.
- Packaging for Sensitive Products: Schrenz paper is chosen for packaging sensitive products that require protection during transit.
- Regulatory Compliance: Schrenz paper meets regulatory standards for safe and eco-friendly packaging, making it a preferred choice for businesses.
- Customization: Manufacturers offer customization options, allowing businesses to tailor schrenz paper for specific packaging needs and branding.
These key drivers collectively contribute to the growth and widespread adoption of schrenz paper in various industries, as it provides a balance between cost-effectiveness, functionality, and environmental responsibility.
To Gain More Insights about this Research, Visit: https://www.futuremarketinsights.com/reports/schrenz-paper-market
How is Asia Pacific Excluding Japan Contributing to the Growth of the Schrenz Paper Market?
According to Future Market Insights, the Asia Pacific region, excluding Japan, is poised for robust growth in the global schrenz paper market during the forecast period spanning from 2022 to 2032.
Schrenz paper has found extensive applications within the automotive industry, where it plays a vital role in enhancing the appearance and surface finish of various automotive components, including exterior trim parts, mirror housings, and seating systems. The ongoing expansion of the automotive sector, coupled with the increasing production of automobiles in countries like China and India, is projected to fuel the demand for schrenz paper in this market segment.
In response to this rising demand, leading market players are strategically focusing on expanding their schrenz paper production capacity. This proactive approach is expected to further bolster the growth of the schrenz paper market in the Asia Pacific region, excluding Japan.
Market Players:
- Fabrika Hartije Beograd
- Aubry Papier
- Meyer Verpackungen
- APV Germany GmbH
- J Hoogstraten
- Rossmann
- Vrancart
- EcoPaper S.A.
Segmentation:
By Paper Weight:
- Up to 80 g/m2
- 80 g/m2 – 90 g/m2
- 90 g/m2 – 100 g/m2
- 100g/m2 – 120 g/m2
- >120 g/m2
By Product Type:
- Rolls
- Reels
- Sheets
By Application:
- Layering
- Padding
- Void Filling
- Cushioning
- Wrapping
- Others
By End Use:
- Automotive Industry
- Electronics Industry
- FMCG Industry
- Others
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific excluding Japan
- Japan
- Middle East and Africa
Ask an Analyst: https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-9084
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.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube
