Europe Barrier Coated Paper Industry Valuation to Reach US$ 4,401 Million by 2033 Amid Rising Demand for Eco-friendly Packaging Solutions | Future Market Insights, Inc.

The rising demand for Europe’s barrier-coated paper is fueled by the growing preference for flexible packaging in the food and beverage industry. Consumers favor its advantages, such as being lightweight, convenient for storage, and ideal for on-the-go use.

NEWARK, Del, Dec. 12, 2023 (GLOBE NEWSWIRE) — The Europe barrier-coated paper industry is expected to total US$ 3,222 million in 2023 and US$ 4,401 million by 2033. It is poised to exhibit steady growth, with overall demand for barrier-coated papers rising at a 3.2% CAGR during the assessment period.

Several factors are expected to drive the growth of the Europe barrier-coated paper industry during the assessment period. These include:

• Rising interest in eco-friendly packaging: The need for eco-friendly packaging solutions like barrier-coated papers is expected to rise significantly across Europe. This is due to growing environmental concerns regarding increasing plastic pollution and the implementation of stringent regulations. To gain from this trend, top players will look to use biomaterials as well as bio-based coatings.
• Growing demand for flexible packaging: Rising demand for flexible packaging solutions, especially from the food & beverage industry, is expected to bolster sales of barrier-coated papers. The flexibility, recyclability, low cost, and lightweight barrier-coated papers make them suitable solutions for flexible packaging.
• Growth of the food and beverage industry: Barrier-coated papers are increasingly replacing traditional paper and plastic materials. This is due to their attractive benefits. Hence, the expansion of the food & beverage industry and the growing popularity of packaged food products will drive demand for barrier-coated papers through 2033.
• Adoption of novel materials and coatings: Companies are investing in research and development of wax-based coatings. Biomaterials are gaining popularity among companies due to their attractive advantages. These developments will play key roles in boosting the Europe barrier-coated industry.

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Key Takeaways from Europe Barrier Coated Paper Industry

• The barrier-coated paper industry in Europe is set to reach a valuation of US$ 4,401 million in 2033.
• Based on material, the paper segment is expected to hold a value share of 84.6% in 2033.
• By coating type, water-based coating segment is projected to expand at a CAGR of 3.6% through 2033
• Based on application, the packaging segment is anticipated to surge at a 3.3% CAGR through 2033.
• Germany is set to register a CAGR of 3.4% between 2023 and 2033.
• Sales in France are projected to grow at 3.7% through 2033.

“Growing demand for sustainable and eco-friendly packaging solutions is expected to create growth prospects for the Europe barrier-coated packaging industry. Besides this, the increasing popularity of flexible paper packaging and regulatory support for sustainable packaging will bolster sales of barrier-coated papers in Europe through 2033,” says Ismail Sutaria, Principal Consultant at Future Market Insights

Who is Winning?

• Stora Enso Oyj
• UPM-Kymmene Oyj
• Ahlstrom-Munksjö Oyj
• Nippon Paper Industries Co., Ltd.
• BillerudKorsnas AB
• Mitsubishi Paper Mills Limited
• Nordic Paper AS
• Gascogne Groupe
• Feldmuehle GmbH
• WestRock Company
• MetPro Group
• Sappi Global
• PG Paper Company Ltd.
• Hansol Paper Ltd.
• Toppan Printing Co., Ltd
• Oji Holdings Corporation
• others

are prominent barrier coated paper manufacturers listed in the report. The Tier 1 players hold 30% to 35% share in the Europe barrier-coated paper industry.

Top companies are focusing on using different strategies, including new product launches, mergers, partnerships, and acquisitions, to boost their sales and expand their presence. For instance,

• In January 2021, a novel barrier coating technology for functional paper packaging was launched by Sappi.

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Key Segmentations:

By Material:

• Paper
• Plastic
  • PE
  • PP
  • PVDC
  • Bio-based Plastic
    • Polysaccharides
    • PLA
    • PHA
  • EVOH
  • PA
• Wax
• AlOx
• SiOx

By Coating Type:

• Water-based Coating
• Solvent-based Coating
• Wax Coating

By Application:

• Packaging
  • Cups & Lids
  • Trays
  • Boxes & Cartons
  • Pouches & Sachets
  • Labels
  • Blisters & Clamshells
  • Wraps
  • Tapes
• Printing

By End-use:

• Food
  • Bakery
  • Confectionary
  • Snacks
  • Dairy
  • Spices & Condiments
  • Sauces
• Beverages
• Cosmetic & Personal Care
• Pharmaceuticals
• Building & Construction
• Electrical & Electronics
• Others (Tobacco, Agriculture)

By Country:

• Germany
• France
• United Kingdom
• Italy
• Spain
• Benelux
• Russia
• Rest Europe

About the Packaging Division at Future Market Insights (FMI)

The packaging division at Future Market Insights (FMI) provides an in-depth historical analysis and projections for the next ten years and covers the competition landscape through a unique dashboard view. Ranging from packaging materials, packaging machinery to packaging designs & formats, Future Market Insights (FMI) has an exhaustive database for these industry verticals, serving clients with unique research offerings and strategic recommendations. With a repository of 1,000+ reports, the team has analyzed the packaging industry comprehensively in 50+ countries. The team evaluates every node of the value chain and provides end-to-end research and consulting services; reach out to explore how we can help.

Author

Ismail Sutaria (Lead Consultant, Packaging and Materials) has over 8 years of experience in market research and consulting in the packaging & materials industry. Ismail’s strength lies in identifying key challenges faced by the client and offering logical and actionable insights to equip the clients with strategic decision-making power. 

Ismail has been an instrumental part of several transformational consulting assignments. His key skills include competitive benchmarking, opportunity assessment, macroeconomic analysis, and business transformation advisory. Ismail is an MBA holder in Marketing and has a Bachelor’s Degree in Mathematics.

Explore Trending Reports of Packaging:

• The global barrier coated papers market is anticipated to witness a CAGR of 4.6% in terms of value during the forecast period. FMI predicts by analysis that the market’s overall valuation may reach US$ 7,571.9 million by 2033.
• Barrier Coated Paper in Japan is expected to increase steadily, surpassing a valuation of US$ 195.5 million in 2023. By 2033, sales projections for barrier coated paper in Japan suggest reaching a value of US$ 269.4 million.
• Barrier Coated paper in Korea is anticipated to be worth around US$ 130.7 million by the end of 2033.
• The demand for barrier coated paper in Western Europe is projected to climb from US$ 1,076.0 million in 2023 to US$ 1,490.3 million by 2033.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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