Global Wax-Coated Paper Market, By Source of Waxing (Animal, Vegetable, Mineral, Petroleum), End-User (Food, Beverage, Electrical, Electronics, Personal care, Packaging, Adhesive, Paints, Textile), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Wax-coated paper market will expect to grow at a rate of 2.80% for the forecast period of 2021 to 2028. Wax-coated paper market report analyses the growth, which is currently being growing due to the rising demand of the lightweight as well as bio-degradable products.
To prevent water contact with the paper, wax-coating is primarily used. The wax serves as a hydrophobic agent that takes care of the moisture content of every document. These papers may be used effectively to conceal or protect the pollution and deterioration of fruit, dairy and bakery products.
The growing usages of the product due to its properties such as electric insulator, moisture proof tendency, glossy cover and others to enhance the appearance, development of customized grades according to applications, rising preferences towards the usages of eco-friendly products, ban on plastic packaging across various industries are some of the most important and vital factors which will likely to augment the growth of the wax-coated paper market in the projected timeframe of 2021-2028. On the other hand, rising applications from developing economies along with increasing utilization of paper in the packaging industry which will further contribute by generating immense opportunities that will led to the growth of the wax-coated paper market in the above mentioned projected timeframe.
Increasing growth of the electronic media industry along with presence of petrochemical content which will likely to act as market restraints factor for the growth of the wax-coated paper in the above mentioned projected timeframe. Increasing number of issues at high temperature which will become the biggest and foremost challenge for the growth of the market.
This wax-coated paper market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on wax-coated paper market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Wax-Coated Paper Market Scope and Market Size
Wax-coated paper market is segmented on the basis of source of waxing and end-user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of source of waxing, the wax-coated paper market is segmented into animal, vegetable, mineral, and petroleum.
- Based on end-user, the wax-coated paper market is segmented into food, beverage, electrical, electronics, personal care, packaging, adhesive, paints, and textile.
Wax-Coated Paper Market Country Level Analysis
Wax-coated paper market is analysed and market size, volume information is provided by country, source of waxing and end-user as referenced above.
The countries covered in the wax-coated paper market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the wax-coated paper market due to the increasing number of applications from various end-user industries in the region. Europe is the second largest region for the growth of the wax-coated paper market due to the growth of the food industry along with rising consumption of fast food in the region. The China, and India region is expected to hold the largest growth rate in the wax-coated paper market during the forecast period of 2021-2028 due to the increasing usages of the personal care products and healthcare units along with rising demand of the food and beverages products in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Wax-Coated Paper Market Share Analysis
Wax-coated paper market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to wax-coated paper market.
The major players covered in the wax-coated paper market report are Dunn Paper Company; Inteplast Group; Paradise Packaging; CGP Coating Innovation; Navbharat Industries.; Seaman Paper Co.; Framarx; Handy Wacks, Inc; Oji Holdings Corporation.; NIPPON PAPER INDUSTRIES CO., LTD.; Stora Enso Oyj; Sappi Europe SA; Asia Pulp & Paper (APP) Sinar Mas.; Verso Corporation; UPM; SUNPACK CORPORATION; Burgo Group Spa; Ballarpur Industries Limited.; JK Paper; Minerals Technologies Inc.; Grantham Manufacturing Ltd; EuroWaxPack; Charlotte Packaging Ltd.; THE GRIFF NETWORK; Military Spec Packaging; among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
COVID-19 is an incomparable global public health emergency that has impacted virtually every sector, so the long-term consequences expected over the forecast period would impact the development of the industry. Our ongoing research amplifies our research process to ensure that the fundamental COVID-19 problems and alternative pathways forward are included. Packaging sector will extremely grow in the period of this pandemic.