The projected global sales of total barrier coated papers for 2023 are estimated at approximately US$ 4,809.5 million. Throughout the forecast period, the global barrier coated papers market is expected to experience a Compound Annual Growth Rate (CAGR) of 4.6% in terms of value. According to FMI’s analysis, this growth trajectory suggests that the market’s overall worth could escalate to US$ 7,571.9 million by the conclusion of the forecast period. This forecast underscores the increasing demand for barrier coated papers, driven by their applications in various industries such as packaging, food and beverage, and pharmaceuticals, among others.
Pioneering the charge toward sustainable practices, manufacturers in the barrier coated papers market are diligently working on the innovation of biomaterial coatings as eco-friendly alternatives to traditional petroleum-based polymer coatings. Exploring advanced coating technologies like slide covering and curtain processes not only opens up substantial opportunities but also holds the potential to enhance the overall efficiency and cost-effectiveness of the production process.
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Europe holds a substantial portion of the global demand for diverse forms of barrier packaging, with a particular emphasis on barrier coated papers, propelled by widespread consumer preferences for products with prolonged shelf life across numerous European nations. Within Europe, Germany emerges as a pivotal contributor to the production of barrier coated papers, maintaining its leadership position owing to the presence of significant market participants. In contrast, the United Kingdom’s notable increase in barrier coated paper sales is attracting attention from international industry stakeholders, indicating significant growth prospects within the market.
The demand for barrier coated papers is accelerating due to the high use of barrier coatings for food packaging. Moreover, many non-food products and corrugated board packaging applications use barrier coatings for profitable shipping.
Papers with a barrier coating are known to conceal products by grease barrier, moisture barrier, or other necessary barrier types. However, these materials negatively impact the environment and are thus being replaced by paper-based formats with compostable barrier coatings.
Market Drivers:
- Growing Packaging Industry: The packaging industry, especially in food and beverage sectors, is witnessing significant growth globally. Barrier coated papers are preferred for packaging due to their ability to provide protection against moisture, grease, and other external factors, thus driving the demand.
- Increasing Awareness About Environmental Sustainability: With rising environmental concerns, there’s a growing preference for eco-friendly packaging materials. Barrier coated papers, often made from renewable resources and recyclable materials, are gaining traction as sustainable packaging solutions.
- Stringent Regulations Regarding Food Safety: Governments worldwide are imposing strict regulations regarding food safety and hygiene. Barrier coated papers offer excellent protection against contamination, thus complying with these regulations and driving their adoption in food packaging.
- Advancements in Barrier Coating Technologies: Ongoing advancements in barrier coating technologies have improved the performance of barrier coated papers. These advancements enhance barrier properties, extend shelf life, and improve printability, making barrier coated papers more attractive to end-users.
- Rising Demand for Convenience Packaging: Consumers are increasingly seeking convenient packaging solutions that offer easy handling and storage. Barrier coated papers, with their versatility and suitability for various packaging formats, cater to this demand effectively.
Market Restraints:
- Cost Concerns: Barrier coated papers can be relatively more expensive compared to conventional packaging materials. Cost-conscious consumers and businesses may hesitate to adopt them, especially for large-scale applications, which can restrain market growth.
- Challenges in Recycling: While barrier coated papers are generally recyclable, the presence of certain barrier coatings can pose challenges in the recycling process. This limitation can hinder the widespread adoption of barrier coated papers, particularly in regions with stringent recycling regulations.
- Limited Barrier Properties: Despite advancements, barrier coated papers may not always provide the desired level of protection against specific elements such as oxygen or light. In industries where precise barrier properties are critical, alternative packaging materials with superior barriers may be preferred, limiting the market for barrier coated papers.
- Competition from Alternative Materials: Barrier coated papers face competition from alternative packaging materials such as plastics and laminates, which may offer comparable or superior barrier properties at competitive prices. This competition can impede the market growth of barrier coated papers, particularly in certain applications.
- Supply Chain Disruptions: Disruptions in the supply chain, whether due to raw material shortages, transportation challenges, or geopolitical factors, can impact the availability and pricing of barrier coated papers. Such disruptions can create uncertainty for both suppliers and end-users, affecting market dynamics.
Key Takeaways from the Barrier Coated Papers Market Study
- Countries in North America are the prominent users of barrier-coated papers and created a global demand share of 29.4% in the year 2022. The sales of barrier coated papers in the United States alone contributed to 25.4% of the global market share that year.
- Europe, as a whole, closely follows the United States in the adoption of barrier coated papers and acquired a market share of 25.2% in 2022. Europe is the leading contributor of barrier-coated papers, with a global market share of 5.3% in 2022.
- In recent years, the demand for barrier coated papers in the United States is surging at a significant rate. FMI estimates this regional market is going to exhibit a year-on-year growth rate of 3.3% during the forecast years.
- Asia Pacific countries are emerging to be notably growing markets for sales of barrier-coated papers these years. China is at the forefront and is projected to register an impressive CAGR of 6.4% during the forecast years.
- Japan is a quite well-established market in the Asia Pacific that contributed almost 4.1% of the global supply of barrier coated papers in 2022. India is figured out to continue on a high annual growth rate of 7.4% in sales of barrier coated papers over the forecast years.
- Based on different types of materials used for making barrier coated papers, paper is the preferred segment. Though this segment held an 84.1% market share in 2022, the bio-based plastics segment is expected to gain high traction during the projected years.
- Among the several end-user verticals for barrier coated papers, the food packaging segment consumed almost 64.9% of the total share in 2022. Besides this segment, beverages packaging and pharmaceutical packaging are also expected to make high use of barrier coated papers in the coming days.
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Competitive Landscape
- Paramelt B.V
- Cortec Corporation
- Sierra Coating Technologies LLC
- Stora Enso Oyj
- Altana AG
- Michelman, Inc.
- Omnova Solutions Inc.
- BASF S.E.
- Dow Chemical Company
are some of the leading players in the global barrier coated papers market.
- Coatings & Adhesives,
- CH-Polymers,
- Imerys,
- Mondi,
- Akzo Nobel,
- KURARAY
- Cork Industries
are among other domestic players covered in the report.
Advancements in packaging innovations, particularly in water-based barrier coated papers are regarded to fuel the market’s growth over the forecast period. Furthermore, the stringent environmental regulations that many governments around the world have implemented for food contact paper could play a supportive role.
Recent Developments:
- Stora Enso, in November 2019, inked a strategic collaboration with HSMG (HS Manufacturing Group) for developing the former’s formed fiber offering.
- Sonoco Products Company, in May 2019, invested US$ 17 million in Dream Machine to laminate and coat paper & paperboard products in Birmingham.
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Key Segmentations
Segment by Coating Type:
- Water-based Coating
- Solvent-based Coating
- Wax Coating
- Extrusion Coating
Segment by Material:
- Paper Coating
- Plastic Coating
- Polyethylene (PE)
- Polypropylene (PP)
- Polyvinylidene dichloride (PVDC)
- Polyethylene Terephthalate (PET)
- Bio-based Plastic Coating
- Polysaccharides
- Polylactic Acid (PLA)
- Polyhydroxyalkanoates (PHA)
- Ethylene Vinyl Alcohol (EVOH)
- Polyamide (PA)
- Wax Coating
- Other Coating Materials
Segment by Thickness (ISO 534):
- Less than 50 µm
- 51 µm to 75 µm
- 75 µm to 100 µm
Segment by Packaging Application:
- Cups & Lids
- Trays
- Laminates
- Boxes & Cartons
- Pouches & Sachets
- Labels
- Blisters & Clamshells
- Wraps
- Tapes
- Others
Segment by End-user Verticals:
- Food Packaging
- Bakery
- Confectionery
- Snacks
- Dairy
- Spices & Condiments
- Sauces
- Beverages Packaging
- Cosmetic & Personal Care Packaging
- Pharmaceuticals Packaging
- Building & Construction Packaging
- Electrical & Electronics Packaging
- Tobacco Packaging
- Packaging of Other Consumer Goods (Agriculture, Automotive, Home Care, etc.)
Segment by Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- The Middle East & Africa (MEA)
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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