The anticipated value of the machine glazed paper industry in Western Europe is estimated to reach USD 2,541.6 million by 2024, with a projected 3.1% CAGR throughout the forecast period.
| Attributes | Details |
|---|---|
| Demand Analysis in 2024 | USD 2,541.6 million |
| Demand Forecast in 2034 | USD 3,432.4 million |
| CAGR Estimation from 2024 to 2034 | 3.1% |
The increasing demand for packaging materials, especially in the food and consumer goods sectors, is a significant driver for the machine-glazed paper industry. The machine glazed paper industry in Western Europe will likely secure USD 3,432.4 million.
The United Kingdom is projected to experience a CAGR of 3.7% through 2034, indicating a consistent growth trajectory in its machine glazed paper industry. Italy anticipates a CAGR of 3.4%, reflecting a sustained but slightly moderated expansion in the industry, aligning with regional economic dynamics and industrial trends.
| Countries | CAGR from 2024 to 2034 |
|---|---|
| United Kingdom | 3.7% |
| Italy | 3.4% |
The machine glazed paper industry in the United Kingdom exhibits a steady growth trajectory with a CAGR of 3.7% through 2034. This suggests a sustained demand for machine glazed paper in the region, possibly driven by packaging requirements and adherence to sustainable practices.
The positive CAGR underscores the resilience and adaptability of the industry to evolve industrial dynamics within the United Kingdom.
The machine glazed paper industry in Italy maintains a CAGR of 3.4% through 2034, indicating a consistent upward trend in industrial demand. The moderate but positive growth reflects the ability of the industry to navigate challenges and capitalize on opportunities within industries of Italy.
Factors such as increased awareness of sustainable packaging and evolving consumer preferences likely contribute to this growth, making Italy a notable player in the ongoing development of the machine glazed paper sector.
The section provides an overview of the machine glazed paper industry forecast based on two key segments- paper type and grade. Based on paper type, the kraft paper market share shows its crucial role in meeting industrial requirements.
The substantial presence of unbleached paper emphasizes the industrial commitment to environmentally responsible practices. The confluence of durability and environmentally conscious practices shape the industrial paper landscape, reflecting the evolving preferences and priorities in 2024.
| Category | Industrial Share in 2024 |
|---|---|
| Kraft Paper | 81.9% |
| Unbleached | 69.5% |
In 2024, the industrial landscape is expected to exhibit a dominant presence of kraft paper, securing a revenue share of 81.9%. This signifies a substantial industrial preference for Kraft Paper, reflecting its versatility and applicability across various industries.
The strength, durability, and environmentally conscious material attributes contribute to its widespread adoption in diverse industrial applications.
Unbleached holds a significant share of 69.5%, underscoring the industrial inclination towards sustainable and minimally processed paper products.
The preference for unbleached paper aligns with the growing awareness of environmental considerations as businesses prioritize responsible solutions in their industrial processes.
In March 2022, BillerudKorsnas AB acquired Verso Corporation, a United States-based manufacturer specializing in coated groundwood, coated freesheet, and niche products like machine glazed paper
| Attribute | Details |
|---|---|
| Estimated Industry Size in 2024 | USD 2,541.6 million |
| Projected Industry Size in 2034 | USD 3,432.4 million |
| Anticipated CAGR between 2024 to 2034 | 3.1% CAGR |
| Demand Forecast for the Machine Glazed Paper Industry in Western Europe | 2024 to 2034 |
| Report Coverage | Industry Size, Industry Trends, Analysis of key factors influencing the Machine Glazed Paper Industry in Western Europe, Insights on Global Players and their Industry Strategy in Western Europe, Ecosystem Analysis of Local and Regional Western Europe Providers |
| Key Countries Analyzed | The United Kingdom, Germany, France, The Netherlands, Italy |
| Key Companies Profiled | International Paper Company; Nippon Paper Industries; Stora Enso; Smurfit Kappa Group; Mondi Group; BILLERUD; Heinzel Group; Burgo Group; SCG Packaging; Verso Corporation |
By 2024, the estimated valuation of the machine glazed paper industry is USD 2,541.6 million.
The anticipated CAGR for the machine glazed paper landscape through 2034 is 3.1%.
By 2034, the demand for the machine glazed paper industry will reach USD 3,432.4 million in value terms.
In Western Europe, machine glazed paper demand expanded at a CAGR of 0.6% from 2019 to 2023.
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Machine Glazed Paper Industry Analysis in Western Europe
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