In 2023, the Europe Barrier Coated Paper Market is projected to reach a value of approximately US$ 3,222 million. Analysts anticipate a steady growth trajectory for the sector, with demand expected to increase at a compound annual growth rate (CAGR) of 3.2% over the forecast period. By the year 2033, it is forecasted that the Europe barrier-coated paper industry will expand significantly, reaching an estimated market size of US$ 4,401 million.
Flexible paper with barrier coating offers features such as recyclability and lightweight. It also provides an enhanced visual appeal of the product, which can augment product branding. Thanks to its various attractive features, barrier-coated paper is being extensively used in packaging and printing applications across European countries. This will continue to provide impetus to the development of Europe’s barrier-coated paper market.
Growing demand for flexible and biodegradable packaging materials across food, electronics, pharmaceutical, cosmetics, and several other industries is expected to drive Europe’s barrier-coated paper market during the forecast period.
Growing innovation in packaging machinery and speedy shift of manufacturers towards barrier coated papers will positively influence Europe’s barrier coated paper industry during the assessment period.
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Development of different specifications of coatings is another factor expected to create growth prospects for the barrier coated paper market across Europe during the next ten years.
Demand for Barrier Coated Paper Packaging to Amplify with Increasing Consumption of Packed Food in Europe
Key Trends Shaping the Barrier Coated Paper Industry in Europe
In the past few years, Europe, including nations like Germany, France, and the United Kingdom, has witnessed a significant surge in the adoption of paper-based packaging. This trend is primarily attributed to the widespread emphasis on sustainability across various industries and a growing concern about escalating plastic pollution in the environment.
Despite the economic advantages and superior water resistance offered by plastic packaging, its severe environmental repercussions have prompted a shift towards alternatives, particularly paper-based packaging incorporating solvent or water-based coatings. Consequently, the increasing awareness of environmental issues and a marked preference for eco-friendly packaging materials are anticipated to be pivotal factors driving the growth of the barrier-coated paper market in Europe throughout the forecast period.
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Key Takeaways
- Europe Barrier Coated Paper Industry 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 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 0% CAGR between 2023 and 2033.
- In terms of end users, electrical and electronics segment is anticipated to accelerate at a CAGR of 9% during the forecast period.
- Germany accounts for around 3% of the Europe barrier coated papers market.
- The United Kingdom is forecast to hold around 7% share of Europe market by the end of 2033.
Key Market Players
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
By Country:
- Germany
- Italy
- France
- United Kingdom
- Spain
- BENELUX
- Nordics
- Russia
- Poland
- Rest of Europe
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