The global greaseproof paper market was valued at US$ 1.27 billion in 2022 and is projected to grow at a CAGR of 5.5% from 2023 to 2033.

Greaseproof paper has emerged as a key alternative to traditional food packaging materials. Its eco-friendly nature and cost-effectiveness are major factors driving its increasing adoption. The expanding food packaging industry and a shift in consumer preferences toward non-toxic products are also fueling market growth. Greaseproof paper is specially designed to resist grease and moisture while providing protection against external elements, ensuring food remains safe for consumption.

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Despite the challenges of the pandemic, the food packaging sector experienced no significant setbacks. In fact, demand for packaged food saw a notable increase, driven by the rise of online delivery platforms. This shift proved to be a blessing in disguise for packaging material manufacturers, as it provided an opportunity to expand their production capacities to meet the growing demand while addressing the evolving needs of end users.

Key Takeaways from Market Study

• The global greaseproof paper market is projected to grow at a CAGR of 5.5%, reaching a valuation of US$ 2.1 billion by 2033.
• From 2018 to 2022, the market experienced a steady growth rate of 3.5%.
• In terms of product type, bleached paper held a significant valuation of US$ 710 million in 2022.
• East Asia led the global market, accounting for 25.5% of the market share in 2022.
• Fluorocarbon-free greaseproof paper represented 38.6% of the total market share that year.
• The demand for greaseproof paper is expected to grow at CAGRs of 3.9% in East Asia and 3.5% in North America.

Competitive Landscape

The world’s top manufacturers of greaseproof paper are adopting sustainable technologies and implementing cost optimization strategies to serve various end users in the food packaging industry. These leading companies are concentrating on creating eco-friendly products that ensure safe and long-term storage of food products.

Key Companies Profiled:

• Nordic Paper
• Ahlstrom-Munksjö’s
• Delfortgroup
• Dispapali
• Domtar Corporation
• Expera Speciality Solutions
• Fujian Naoshan Paper Industry Group Co., Ltd
• KRPA Paper Inc.
• Metsä Group
• Orient Co. Pte Ltd
• Pudumjee Paper Products
• Simpac
• The Griff Network
• Twin River Paper company
• VICAT Cortec Corporation

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Major strategies adopted by manufacturers are :

• In September 2022, Nordic Paper, a leading producer of natural greaseproof paper, received certification for manufacturing specialty products that can easily degrade in both industrial and home composting environments. 
• In May 2021, Ahlstrom-Munksjö launched a new product line specifically for the North American market, including silicone-coated high-density greaseproof paper designed for both professional and novice bakers.

Additionally, increasing environmental regulations are driving manufacturers to pursue material innovations to create eco-friendly packaging solutions. As a result, they are investing heavily in research and development to develop advanced materials suitable for food packaging.

Segmentation of Greaseproof Paper Industry Survey

• By Product Type :
• Bleached
• Unbleached
• By Product Offering :
• Fluro-Carbon-Based
• Fluro-Carbon-Free
• By Weight :
• <40 GSM
• 40-80 GSM
• >80 GSM
• By Application :
• Baking/Cooking
• Food Packaging
• Paper Bags
• Wrapping Paper
• Laminating Base Paper
• Microflute Paper
• Clamshells
• Others
• By End Use :
• Confectionary
• Poultry
• Fresh Produce
• Fast Foods
• Others
• By Region :
• North America
• Latin America
• Europe
• East Asia
• South Asia & Oceania
• MEA

Read More: https://www.factmr.com/report/greaseproof-paper-market

More Valuable Insights on Offer

Fact.MR, in its new offering, presents an unbiased analysis of the global greaseproof paper market, presenting historical market data (2018-2022) and forecast statistics for the period of 2023-2033.

The study reveals essential insights based product type (bleached, unbleached), product offering (fluoro-carbon-based, fluoro-carbon-free), weight (<40 GSM, 40-80 GSM, >80 GSM), application (baking/cooking, food packaging, (paper bags, wrapping paper, laminating base paper, microflute paper, clamshells), and end use (confectionary, poultry, fresh produce, fast foods, others), across major regions of the world (North America, Latin America, Europe, East Asia, South Asia & Oceania, and the Middle East & Africa).

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