Vegetable Parchment Paper Market Growth Accelerated by Sustainable Packaging Solutions

 

Vegetable parchment paper is made from renewable resources like sugarcane bagasse and wood pulp. It helps to extend shelf life of bakery and other food products due to its moisture resistant properties. Vegetable parchment paper is also recyclable and compostable, making it an environmentally sustainable packaging solution. The global Vegetable Parchment Paper Market is estimated to be valued at US$ 1.33 Bn in 2023 and is expected to exhibit a CAGR of 5.6% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:
The increasing demand for sustainable packaging from food processing and bakery industries is a key market trend that is driving the growth of vegetable parchment paper market. Vegetable parchment made from sugarcane bagasse and wood pulp offers a viable alternative to plastic films and aluminum foils used for food packaging. It protects foods from moisture and helps extend their shelf life without using synthetic compounds. Moreover, being fully recyclable and compostable, vegetable parchment paper has gained significant popularity as an eco-friendly solution for packaging various bakery, meat and other food products. The growing consumer preference for sustainable packaging made from renewable resources is expected to boost the adoption of vegetable parchment paper over the forecast period.

Segment Analysis
The vegetable parchment paper market is segmented by type and end-use. By type, the bleached segment holds the largest market share as it offers several advantages such as higher brightness, smoothness, and opacity compared to unbleached paper. By end-use, the food packaging segment dominates as vegetable parchment paper is widely used for wrapping, baking, and food packaging applications owing to its stability at high temperatures and oil & grease resistance properties.

Key Takeaways
The global Vegetable Parchment Paper market is expected to witness high growth.

Regional analysis: The Asia Pacific region is expected to be the fastest growing as well as dominating region in the global vegetable parchment paper market. This strong growth in the region can be attributed to the increasing demand for vegetable parchment paper from the booming food packaging and pharmaceutical industries in countries such as China, India, Japan and others.

Key players operating in the Vegetable Parchment Paper market are Co, Amol Paper Mills Pvt. Ltd, Kalpataru, Livriite Ventures, JK Paper, Black Label Paper Company, Nordic Paper, Tesco, Ahlstrom-Munksjö, Pudumjee Paper Products, Shaoxing Tianming PaperIndustry CO.,LTD, Sunrise Papers., Rockdude Impex Pvt. Ltd., Kraft Interactions., Taian Baichuan Paper KK, McNairn Packaging., COREX Group and Scan Holdings.

Comments

Post a Comment

Popular posts from this blog

Blowing Agents in Action: Enhancing Sustainability and Performance in Modern Engineering

Image
  Blowing Agents: Unleashing the Power of Expansion in Materials Blowing agents are a remarkable class of chemical compounds that play a pivotal role in various industries, revolutionizing the way materials are manufactured and utilized. These agents are essential additives employed to induce controlled expansion in materials, leading to the creation of diverse products with unique properties and applications. From lightweight foams in packaging to insulating materials and beyond, blowing agents have become indispensable in modern manufacturing processes. 1. Understanding Blowing Agents: Blowing agents are substances designed to generate gas when subjected to specific conditions, such as heat, pressure, or chemical reactions. The produced gas forms bubbles within the material matrix, resulting in a cellular structure with reduced density. This cellular structure not only imparts lightness to the material but also enhances its thermal and acoustic insulation properties. 2. Versatil...
Read more

Multi-Depth Corrugated Box Market Trends 2023 - Industry Insights, Competition Analysis, Growth Rate and Forecast by 2030

Image
  A multi-depth corrugated box is a type of shipping or storage box that has the ability to be adjusted to different depths, allowing for greater flexibility and efficiency in packaging and shipping. This type of box is made of corrugated cardboard, which consists of a fluted layer sandwiched between two flat layers. Multi-depth corrugated boxes are typically made with a series of perforations or scores that allow the box to be easily adjusted to different depths. For example, a box with a height of 10 inches might have perforations at 2-inch intervals, allowing it to be adjusted to a depth of 2 inches, 4 inches, 6 inches, 8 inches, or 10 inches, depending on the specific needs of the user. The advantages of using multi-depth corrugated boxes include reduced inventory costs, improved packing efficiency, and better use of storage space. By using a single box that can be adjusted to different depths, businesses can reduce the number of different box sizes they need to stock and simp...
Read more

Acid Pickling Roll Market Growth Accelerated by Adoption of Anti-Rust Acid Pickle Rolls

Image
  Acid pickle rolls help remove scale, rust or oxide films from metallic surfaces and accurately prepare them for subsequent processing such as coating or plating to improve corrosion resistance. The demand for acid pickling rolls have increased in various end-use industries such as automotive, oil & gas, marine, energy, and general engineering to enhance product durability. The global Acid Pickling Roll Market is estimated to be valued at US$ 1,167 Mn in 2023 and is expected to exhibit a CAGR of 3.5% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: The growing adoption of anti-rust acid pickling rolls to increase product lifespan across various corrosion prone industrial applications has accelerated the growth of the acid pickling roll market. Acid pickling rolls equipped with advanced rust removal properties efficiently prepare metallic surfaces and ensure long term corrosion protection. Major mar...
Read more