Thin Paper Market Overview
Products' environmental impacts are linked to financial performance. Smart management of resources is therefore vital. In the printing and packaging industries, thin papers provide an effective answer to this challenge.
Thin paper is the upgraded form of paper that provides less opacity, stiffness, brightness compared to normal paper due to its smoothness, printing results are excellent as compare to normal paper. Due to its specification, it will witness the growth in future as it is used in lightweight and can be used for packing materials.
Thin paper is available in a different type of paper classification which includes kraft paper for packing to the newspaper. Thin paper are preferred for variety of packaging application. Manufacturers are looking for longer-lasting choices than ground wood paper used to print newspapers and improve the world market for thin papers.
Thin Paper: Financial Benefits
Thin paper is lower in weight causing a reduction in mailing and shipping costs. The cost for manufacturing is comparatively lower as it uses less amount of raw material for its manufacturing.
Thin paper is available in different gauges which helps the manufacturer to choose from a wide variety of gauges and will directly affect the cost according, which can be alerted to the requirement. Because of the large customization in term of thickness, raw material used it will more preferred by the manufacturer and can dominate its segment in future.
Thin Paper Market: Dynamics
The wide scope of uses, for example, wrapping and other paper-based bundling materials are boosting the development of the worldwide thin papers market. The determination of thin paper eventually influences the productivity edge of a producer.
Due to the vast variety of applications, the global thin paper market is growing rapidly and the trend is anticipated to continue over the forecast period, wrapping and other paper-based packaging materials are utilized in practically all sorts of businesses. The use of thin paper ultimately influences a manufacturer's profitability margin because it saves an organization's costs.
The cost-effectiveness of thin paper preparation is the key driving element for the worldwide thin papers market. The elasticity capacities can hamper the development of the thin papers market. Thin paper production utilizes softwood fiber which gives the paper an adequate measure of adaptability and strength.
Long softwood fiber is a more viable material to make thin papers with proper quality details. The thin papers market is growing in the Asia Pacific locale, according to the augmentation in the bundling and printing industry.
The Fine craftsmanship papers are utilized by brand proprietors to advance their business and for promoting an assortment of items. The thickness of these papers shifts as indicated by their use depends on their application. Thin papers affect the presence of compelling artwork papers, developing business sector requests.
As Europe banned the use of plastic product it’s the opportunity for the thin paper manufacturer to develop sustainable product to replace the plastic product Companies like Drewsen Spezialpapiere are investing in their research and development (R&D) team to develop alternative drinking straw made up of paper. Moreover company develop a pro-seal paper which can be used for packing of food and non-food items.
Thin Paper Market: Regional Outlook
Consumers are getting more inclined towards more sustainable products and the qualities of thin paper of recyclable and reusable make the paper more in demand and expected to increase in upcoming years. Because of the quality of sustainability, recyclability, and reusability it is more expected to see incline growth in North America and Asia Pacific region.
The Asia Pacific is expected to account for a substantial market share in terms of volume as per the increment in the growth of the retail sector. With the increase in packaging or printing purpose in growing the demand for thin paper, as thin paper is the cost-effective and offers compactness
Thin Paper Market: Key Players
Thin Paper Market: Development
2021: Drewsen Spezialpapiere invest in roll equipment as European directive banned the use of single-use plastic product and the suitable alternative is drinking straw made of paper.
Drewsen Spezialpapiere launches the new pro-seal heat sealable paper for packaging dry food and non-food items.
Eren Paper ltd acquire Shotton paper mill owned by UPM.
2018: Ahlstrom-Munksjö acquired U.S. based Expera Specialty Solutions and Brazilian Caieiras specialty paper mill.
Drewsen Spezialpapiere lauched new mineral oil repellent barrier for food protection.
Thin Paper Market: Covid-19 Impact
With the increase in Novel coronavirus cases the demand of packaging material is increased. Basically packaging material prevent the product to come in contact within the channels in the supply chain and it’s in large demand across the sector like pharmaceutical, homecare product, electronics & electricals, cosmetic & personal care, grocery, food and beverages as it is used for wrapping and printing materials and many more.
Thin paper gets an slight advantage over the conventional packing and printing product as it allows large variety of customization like thickness of paper, smoothness of paper, low raw material etc. But the demand for packaging industry is solely depend upon the on the supply chain which is harshly effected by the lockdown caused by COVID-19. Which result in disruption of supply chain equation.
Thin Paper Market: Segmentation
Based on Product Type:
Based on Application Type:
Based on Weight Type:
- <70 gsm
- 60 gsm
- 50 gsm
- 40 gsm
- <30 gsm
Based on End-use:
- Homecare products
- Electronics & Electricals
- Cosmetic & Personal Care
- Food & beverages
Based on Region:
- North America
- Latin America
- South Asia
- East Asia
- Middle East and Africa