Asia Water & Oil Resistant Paper Packaging Market Research Forecast to 2027

Asia Water & Oil Resistant Paper Packaging Market Research Forecast to 2027

Market Overview

This study on the Asia water & oil resistant paper packaging market provides detailed information on industry trends, market dynamics, market size, competitive landscape, and growth opportunities. This research report categorizes the Asia water & oil resistant paper packaging market by coating, basis weight, end-use industry, application, and country. The major factors driving the growth of the market include the increasing demand for FMCG (fast-moving consumer goods) and changing eating habits of consumers toward packed snacks and confectioneries. However, the changing consumer demands are expected to hamper the market growth.

Packaging has become a vital constituent of modern life due to the ease of transportation, storage, and inclination of the consumer towards an extensive usage of bags. Moreover, food products, health supplements, and electronic components have seen improvements in demand over the last few years and are more readily available due to an efficient packaging solution. All products need to be protected and consequently need to be packed in containers that ensure the quality of the product till the point of consumption. The global need for effective packaging solutions that can protect the product from moisture and light is expected to gain significant attention from various end users. Water-resistant packaging is proven to preserve the quality and stability of the products for a longer time without any spillage or tampering.

Market Segmentation

Based on coating, the water & oil resistant paper packaging market has been divided into water-based coatings, solvent-based coatings, poly-based coatings, and wax-based coatings. The water-based coatings segment accounted for the largest market share in all the countries in Asia during the review period covered.

By basis weight, the water & oil resistant paper packaging market has been segmented into up to 30 GSM, 30 to 70 GSM, and above 70 GSM. Among these, the 30 to 70 GSM segment contributed with the largest market share during the review period.

Based on end-use industry, the water & oil resistant paper packaging market is categorized into food, beverages, pharmaceuticals, personal care & cosmetics, building & construction, electrical & electronics, and others. Of these, the food segment is projected to record the highest CAGR during the period 2021-2027.

On the basis of application, the water & oil resistant paper packaging market is categorized into boxes and cartons, wrapping paper, trays, bags, tapes, labels, pouches & sachets, blisters & clamshells, and others. Of these, the wrapping paper segment is projected to register the highest CAGR during the period 2021-2027.

The countries included in the study are China, India, Japan, Indonesia, Thailand, Malaysia, Vietnam, and the rest of Asia. In terms of countries, China is anticipated to dominate the Water & oil resistant paper packaging market during the study period.

Major Players

The major vendors profiled in the study are LINTEC Corporation, Mondi, Asia Pulp & Paper (APP) Sinar Mas., Pudumjee Paper Products, Amcor plc, Ahlstrom-Munksjo, TT Trading Co., Ltd., Awa Paper & Technological Company, Inc., Archroma, and Thai Paper Co., Ltd. (SCG PACKAGING).

COVID 19 Impacts

We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.

Companies Mentioned

LINTEC Corporation
Mondi
Asia Pulp & Paper (APP) Sinar Mas.
Pudumjee Paper Products
Amcor plc
Ahlstrom-Munksjo
TT Trading Co. Ltd.

Awa Paper & Technological Company
Inc.
Archroma
and Thai Paper Co. Ltd.
(SCG PACKAGING)

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