The global waxed paper market is estimated to be valued at USD 1,863.7 million in 2024. Global demand for waxed paper is predicted to rise at a steady CAGR of 4.8% throughout the forecast period. By 2034, the market is expected to reach USD 2,991.8 million.
Attributes | Key Insights |
---|---|
Base Value (2023) | USD 1,796.3 million |
Estimated Global Waxed Paper Market Size (2024E) | USD 1,863.7 million |
Projected Waxed Paper Market Value (2034F) | USD 2,991.8 million |
Value-based CAGR (2024 to 2034) | 4.8% |
From 2019 to 2023, the global waxed paper market experienced a CAGR of 1.8%.
The table presents the expected CAGR for waxed paper market over several semi-annual periods spanning from 2023 to 2034. In the first half (H1) of the decade from 2023 to 2033, the market is predicted to surge at a CAGR of 4.9%, followed by a slightly lower growth rate of 4.2% in the second half (H2) of the same decade.
Moving into the subsequent period, from H1 2024 to H2 2034, the CAGR is projected to increase to 5.1% in the first half and lower growth rate at 4.4% in the second half.
Particular | Value CAGR |
---|---|
H1 | 4.9% (2023 to 2033) |
H2 | 4.2% (2023 to 2033) |
H1 | 5.1% (2024 to 2034) |
H2 | 4.4% (2024 to 2034) |
The table below shows the anticipated growth rates of several countries. India, Japan, and South Africa are expected to record high CAGRs of 8.2%, 7.0%, and 7.1%, respectively, through 2034.
Countries | Value-based CAGR (2024 to 2034) |
---|---|
United States | 4.2% |
Canada | 5.3% |
Brazil | 4.4 % |
Mexico | 5.1% |
Germany | 2.4% |
France | 3.9% |
United Kingdom | 4.7% |
China | 6.6% |
India | 8.2% |
Japan | 7.0% |
GCC Countries | 5.0% |
South Africa | 7.1% |
The waxed paper industry in the United States is expected to expand at a CAGR of 4.2%. Key factors supporting the market growth are:
The waxed paper market in Germany is expected to surge at a CAGR of 2.4% through 2034. This is attributable to a combination of factors, including:
South Africa is expected to surge at 7.1% CAGR through 2034. Top factors supporting the market expansion in the country include:
The waxed paper market in China is expected to surge at a CAGR of 6.6% by 2034. Emerging patterns in China are as follows:
India's waxed paper market is projected to surge at an 8.2% CAGR during the forecast period. Key factors driving the market growth are as follows:
The section offers profound insights into leading segments in the global waxed paper market. Based on product type, the greaseproof segment currently dominates the global market and is expected to surge at 3.9% CAGR through 2034. In terms of end-use, the food segment is anticipated to register a steady CAGR of 4.6% through 2034.
Segment | Value CAGR (2024 to 2034) |
---|---|
Food (End-use) | 4.6% |
Greaseproof (Product Type) | 3.9% |
Leading companies are embracing sustainability by incorporating recyclable and biodegradable features in waxed paper. They are adhering to global environmental trends to meet increasing demand for eco-friendly packaging. Key market players emphasize customization services such as custom printing, embossing, or branding on waxed paper products.
Leading companies also focus on developing innovative wax coatings with safe coating materials and enhanced properties. They are researching and developing proprietary coating technologies that provide superior performance.
Recent activities and developments implemented by leading players in the market
Table 01: Global Market Value (US$ million) By Thickness, 2019H to 2034F
Table 02: Global Market Volume (tons) By Thickness, 2019H to 2034F
Table 03: Global Market Value (US$ million) by Product Type, 2019H to 2034F
Table 04: Global Market Volume (tons) by Product Type, 2019H to 2034F
Table 05: Global Market Value (US$ million) by Application, 2019H to 2034F
Table 06: Global Market Volume (tons) by Application, 2019H to 2034F
Table 07: Global Market Value (US$ million) by Paper Grade, 2019H to 2034F
Table 08: Global Market Volume (US$ million) by Paper Grade, 2019H to 2034F
Table 09: Global Market Value (US$ million) by End-use, 2019H to 2034F
Table 10: Global Market Value (US$ million) by End-use, 2019H to 2034F
Table 11: Global Market Volume (tons) by End-use, 2019H to 2034F
Table 12: Global Market Volume (tons) by End-use, 2019H to 2034F
Table 13: Global Market Value (US$ million) by Region, 2019H to 2034F
Table 14: Global Market Volume (tons) by Region, 2019H to 2034F
Table 15: North America Market Value (US$ million) By Thickness, 2019H to 2034F
Table 16: North America Market Volume (tons) By Thickness, 2019H to 2034F
Table 17: North America Market Value (US$ million) by Product Type, 2019H to 2034F
Table 18: North America Market Volume (tons) by Product Type, 2019H to 2034F
Table 19: North America Market Value (US$ million) by Application, 2019H to 2034F
Table 20: North America Market Volume (tons) by Application, 2019H to 2034F
Table 21: North America Market Value (US$ million) by Paper Grade, 2019H to 2034F
Table 22: North America Market Volume (tons) by Paper Grade, 2019H to 2034F
Table 23: North America Market Value (US$ million) by End-use, 2019H to 2034F
Table 24: North America Market Value (US$ million) by End-use, 2019H to 2034F
Table 25: North America Market Volume (tons) by End-use, 2019H to 2034F
Table 26: North America Market Volume (tons) by End-use, 2019H to 2034F
Table 27: North America Market Value (US$ million) by Country, 2019H to 2034F
Table 28: North America Market Volume (tons) by Country, 2019H to 2034F
Table 29: Latin America Market Value (US$ million) By Thickness, 2019H to 2034F
Table 30: Latin America Market Volume (tons) By Thickness, 2019H to 2034F
Table 31: Latin America Market Value (US$ million) by Product Type, 2019H to 2034F
Table 32: Latin America Market Volume (tons) by Product Type, 2019H to 2034F
Table 33: Latin America Market Value (US$ million) by Application, 2019H to 2034F
Table 34: Latin America Market Volume (tons) by Application, 2019H to 2034F
Table 35: Latin America Market Value (US$ million) by Paper Grade, 2019H to 2034F
Table 36: Latin America Market Volume (tons) by Paper Grade, 2019H to 2034F
Table 37: Latin America Market Value (US$ million) by End-use, 2019H to 2034F
Table 38: Latin America Market Value (US$ million) by End-use, 2019H to 2034F
Table 39: Latin America Market Volume (tons) by End-use, 2019H to 2034F
Table 40: Latin America Market Volume (tons) by End-use, 2019H to 2034F
Table 41: Latin America Market Value (US$ million) by Country, 2019H to 2034F
Table 42: Latin America Market Volume (tons) by Country, 2019H to 2034F
Table 43: East Asia Market Value (US$ million) By Thickness, 2019H to 2034F
Table 44: East Asia Market Volume (tons) By Thickness, 2019H to 2034F
Table 45: East Asia Market Value (US$ million) by Product Type, 2019H to 2034F
Table 46: East Asia Market Volume (tons) by Product Type, 2019H to 2034F
Table 47: East Asia Market Value (US$ million) by Application, 2019H to 2034F
Table 48: East Asia Market Volume (tons) by Application, 2019H to 2034F
Table 49: East Asia Market Value (US$ million) by Paper Grade, 2019H to 2034F
Table 50: East Asia Market Volume (tons) by Paper Grade, 2019H to 2034F
Table 51: East Asia Market Value (US$ million) by End-use, 2019H to 2034F
Table 52: East Asia Market Value (US$ million) by End-use, 2019H to 2034F
Table 53: East Asia Market Volume (tons) by End-use, 2019H to 2034F
Table 54: East Asia Market Volume (tons) by End-use, 2019H to 2034F
Table 55: East Asia Market Value (US$ million) by Country, 2019H to 2034F
Table 56: East Asia Market Volume (tons) by Country, 2019H to 2034F
Table 57: Europe Market Value (US$ million) By Thickness, 2019H to 2034F
Table 58: Europe Market Volume (tons) By Thickness, 2019H to 2034F
Table 59: Europe Market Value (US$ million) by Product Type, 2019H to 2034F
Table 60: Europe Market Volume (tons) by Product Type, 2019H to 2034F
Table 61: Europe Market Value (US$ million) by Application, 2019H to 2034F
Table 62: Europe Market Volume (tons) by Application, 2019H to 2034F
Table 63: Europe Market Value (US$ million) by Paper Grade, 2019H to 2034F
Table 64: Europe Market Volume (tons) by Paper Grade, 2019H to 2034F
Table 65: Europe Market Value (US$ million) by End-use, 2019H to 2034F
Table 66: Europe Market Volume (tons) by End-use, 2019H to 2034F
Table 67: Europe Market Value (US$ million) by Country, 2019H to 2034F
Table 68: Europe Market Volume (tons) by Country, 2019H to 2034F
Table 69: Middle East and Africa Market Value (US$ million) By Thickness, 2019H to 2034F
Table 70: Middle East and Africa Market Volume (tons) By Thickness, 2019H to 2034F
Table 71: Middle East and Africa Market Value (US$ million) by Product Type, 2019H to 2034F
Table 72: Middle East and Africa Market Volume (tons) by Product Type, 2019H to 2034F
Table 73: Middle East and Africa Market Value (US$ million) by Application, 2019H to 2034F
Table 74: Middle East and Africa Market Volume (tons) by Application, 2019H to 2034F
Table 75: Middle East and Africa Market Value (US$ million) by Paper Grade, 2019H to 2034F
Table 76: Middle East and Africa Market Volume (tons) by Paper Grade, 2019H to 2034F
Table 77: Middle East and Africa Market Value (US$ million) by End-use, 2019H to 2034F
Table 78: Middle East and Africa Market Volume (tons) by End-use, 2019H to 2034F
Table 79: Middle East and Africa Market Value (US$ million) by Country, 2019H to 2034F
Table 80: Middle East and Africa Market Volume (tons) by Country, 2019H to 2034F
Table 81: South Asia Market Value (US$ million) By Thickness, 2019H to 2034F
Table 82: South Asia Market Volume (tons) By Thickness, 2019H to 2034F
Table 83: South Asia Market Value (US$ million) by Product Type, 2019H to 2034F
Table 84: South Asia Market Volume (tons) by Product Type, 2019H to 2034F
Table 85: South Asia Market Value (US$ million) by Application, 2019H to 2034F
Table 86: South Asia Market Volume (tons) by Application, 2019H to 2034F
Table 87: South Asia Market Value (US$ million) by Paper Grade, 2019H to 2034F
Table 88: South Asia Market Volume (tons) by Paper Grade, 2019H to 2034F
Table 89: South Asia Market Value (US$ million) by End-use, 2019H to 2034F
Table 90: South Asia Market Value (US$ million) by End-use, 2019H to 2034F
Table 91: South Asia Market Volume (tons) by End-use, 2019H to 2034F
Table 92: South Asia Market Volume (tons) by End-use, 2019H to 2034F
Table 93: South Asia Market Value (US$ million) by Country, 2019H to 2034F
Table 94: South Asia Market Volume (tons) by Country, 2019H to 2034F
Table 95: Oceania Market Volume (tons) By Thickness, 2019H to 2034F
Table 96: Oceania Market Value (US$ million) by Product Type, 2019H to 2034F
Table 97: Oceania Market Volume (tons) by Product Type, 2019H to 2034F
Table 98: Oceania Market Value (US$ million) by Application, 2019H to 2034F
Table 99: Oceania Market Volume (tons) by Application, 2019H to 2034F
Table 100: Oceania Market Value (US$ million) by Paper Grade, 2019H to 2034F
Table 101: Oceania Market Volume (tons) by Paper Grade, 2019H to 2034F
Table 102: Oceania Market Value (US$ million) by End-use, 2019H to 2034F
Table 103: Oceania Market Value (US$ million) by End-use, 2019H to 2034F
Table 104: Oceania Market Volume (tons) by End-use, 2019H to 2034F
Table 105: Oceania Market Volume (tons) by End-use, 2019H to 2034F
Table 106: Oceania Market Value (US$ million) by Country, 2019H to 2034F
Table 107: Oceania Market Volume (tons) by Country, 2019H to 2034F
Figure 01: Global Market Share Analysis, by Thickness, 2023E to 2034F
Figure 02: Global Market Y-o-Y Analysis, by Thickness, 2019H to 2034F
Figure 03: Global Market Attractiveness Analysis, by Thickness, 2023E to 2034F
Figure 04: Global Market Share Analysis, by Product, 2023E to 2034F
Figure 05: Global Market Y-o-Y Analysis, by Product, 2019H to 2034F
Figure 06: Global Market Attractiveness Analysis, by Product, 2023E to 2034F
Figure 07: Global Market Share Analysis, by Application, 2023E to 2034F
Figure 08: Global Market Y-o-Y Analysis, by Application, 2019H to 2034F
Figure 09: Global Market Attractiveness Analysis, by Application, 2023E to 2034F
Figure 10: Global Market Share Analysis, by Paper Grade, 2023E to 2034F
Figure 11: Global Market Y-o-Y Analysis, by Paper Grade, 2019H to 2034F
Figure 12: Global Market Attractiveness Analysis, by Paper Grade, 2023E to 2034F
Figure 13: Global Market Share Analysis, by End-use, 2023E to 2034F
Figure 14: Global Market Y-o-Y Analysis, by End-use, 2019H to 2034F
Figure 15: Global Market Attractiveness Analysis, by End-use, 2023E to 2034F
Figure 16: Global Market Share Analysis, by Region, 2023E to 2034F
Figure 17: Global Market Y-o-Y Analysis, by Region, 2019H to 2034F
Figure 18: Global Market Attractiveness Analysis, by Region, 2023E to 2034F
Figure 19: North America Market Attractiveness Analysis, By Thickness, 2023E to 2034F
Figure 20: North America Market Y-o-Y Analysis, by Product, 2019H to 2034F
Figure 21: North America Market Value Share Analysis, by Application 2023(E)
Figure 22: North America Market Value Share Analysis, by Paper Grade 2023(E)
Figure 23: North America Market Value Share Analysis, by End Use 2023(E)
Figure 24: North America Market Share Analysis, by Country, 2023E to 2034F
Figure 25: Latin America Market Y-o-Y Analysis, By Thickness, 2019H to 2034F
Figure 26: Latin America Market Y-o-Y Analysis, by Product, 2019H to 2034F
Figure 27: Latin America Market Value Share Analysis, by Application 2023(E)
Figure 28: Latin America Market Value Share Analysis, by Paper Grade 2023(E)
Figure 29: Latin America Market Value Share Analysis, by End Use 2023(E)
Figure 30: Latin America Market Share Analysis, by Country, 2023E to 2034F
Figure 31: East Asia Market Y-o-Y Analysis, By Thickness, 2019H to 2034F
Figure 32: East Asia Market Y-o-Y Analysis, by Product, 2019H to 2034F
Figure 33: East Asia Market Value Share Analysis, by Application 2023(E)
Figure 34: East Asia Market Value Share Analysis, by Paper Grade 2023(E)
Figure 35: East Asia Market Value Share Analysis, by End Use 2023(E)
Figure 36: East Asia Market Share Analysis, by Country, 2023E to 2034F
Figure 37: East Asia Market Y-o-Y Analysis, By Thickness, 2019H to 2034F
Figure 38: Europe Market Y-o-Y Analysis, By Thickness, 2019H to 2034F
Figure 39: Europe Market Y-o-Y Analysis, by Product, 2019H to 2034F
Figure 40: Europe Market Value Share Analysis, by Application 2023(E)
Figure 41: Europe Market Value Share Analysis, by Paper Grade 2023(E)
Figure 42: Europe Market Value Share Analysis, by End Use 2023(E)
Figure 43: Middle East and Africa Market Y-o-Y Analysis, By Thickness, 2019H to 2034F
Figure 44: Middle East and Africa Market Y-o-Y Analysis, by Product, 2019H to 2034F
Figure 45: Middle East and Africa Market Value Share Analysis, by Paper Grade 2023(E)
Figure 46: Middle East and Africa Market Share Analysis, by Country, 2023E to 2034F
Figure 47: South Asia Market Y-o-Y Analysis, By Thickness, 2019H to 2034F
Figure 48: South Asia Market Y-o-Y Analysis, by Product, 2019H to 2034F
Figure 49: South Asia Market Value Share Analysis, by Paper Grade 2023(E)
Figure 50: South Asia Market Share Analysis, by Country, 2023E to 2034F
Figure 51: Oceania Market Y-o-Y Analysis, By Thickness, 2019H to 2034F
Figure 52: Oceania Market Y-o-Y Analysis, by Product, 2019H to 2034F
Figure 53: Oceania Market Value Share Analysis, by Paper Grade 2023(E)
Figure 54: Oceania Market Share Analysis, by Country, 2023E to 2034F
The global waxed paper market is estimated to reach USD 1,863.7 million in 2024.
Global waxed paper demand is set to expand at 4.8% CAGR through 2034.
The global waxed paper market is anticipated to reach USD 2,991.8 million by 2034.
Barrier and transfer-proof properties of waxed paper to maintain freshness of food.
Asia Pulp & Paper Group, Nordic Paper AS, and Metsä Group are the leading players.
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