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Greaseproof Sheets Market Report Overview
The global greaseproof sheets market size was USD 0.94 billion in 2023 and is projected to grow from USD 0.98 billion in 2024 to USD 1.39 billion by 2032, exhibiting a CAGR of 4.4% during the forecast period. Asia-Pacific holds leading position in greaseproof sheets market share in 2023.
The greaseproof sheets market refers to the industry that produces and supplies sheets made of greaseproof or oil-resistant materials. Greaseproof sheets are typically used in various food service establishments, such as restaurants, cafes, bakeries, and fast-food chains. Greaseproof sheets are designed to prevent oil, grease, or other liquids from penetrating through the paper. They are commonly used for wrapping or lining food items like sandwiches, hamburgers, pastries, and fried foods to maintain their quality and prevent grease stains.
The growing food service industry, including restaurants, cafes, and takeaway establishments, has increased the demand for greaseproof sheets. These sheets are used for packaging and serving various food items, ensuring cleanliness and preventing leakage. Overall, the greaseproof sheets market is expected to continue its growth trajectory due to the increasing demand for convenient, hygienic, and sustainable food packaging solutions in the food service industry.
COVID-19 Impact: Market Faced a Fall in Demand Due to Fluctuating Demand from Foodservice Sector During the Pandemic
The global COVID-19 pandemic has been unprecedented and staggering, with the greaseproof sheets market experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.
There was no single sector unaffected by COVID-19. The greaseproof sheets market was affected as well. The food service sector, which is a major consumer of greaseproof sheets, experienced significant fluctuations in demand during the pandemic. Lockdowns, restrictions, and closures of restaurants and cafes in some regions resulted in reduced demand for greaseproof sheets. However, as restrictions eased and establishments resumed operations, the demand gradually recovered.
Latest Trends
"Increased Demand for Sustainable and Biodegradable Materials Has Improved the Demand in the Market"
The greaseproof sheets market is as dynamic as any market. In the market, there is everyday development to add more benefits to it. Recently, in the market, there has been a rising demand for greaseproof sheets made from sustainable and biodegradable materials. Consumers and foodservice establishments are increasingly conscious of environmental impact and are seeking eco-friendly alternatives to traditional packaging. Manufacturers are responding to this trend by developing greaseproof sheets using materials like compostable paper, plant-based films, and recycled fibers.
Greaseproof Sheets Market Segmentation
- By Type Analysis
According to type, the market can be segmented into general wrapping sheets, waxing and extrusion sheets, bag making sheets, laminating base paper sheets, & micro-flute sheets.
In terms of services, bag making sheets is the largest segment, as it holds the maximum share of the market.
- By Application Analysis
Based on application, the market can be divided into wrapping and handling of confectionery, decorative cake doilies, trays and basket liners, quick service restaurants, pizza box liners, & others.
Driving Factors
"Technological Advancements and Consumer Preference Has Increased Demand in the Market"
Technological advancements in greaseproof sheet manufacturing, such as improved materials, coatings, and production processes, contribute to the growth of the market. These advancements enable manufacturers to produce greaseproof sheets with enhanced performance characteristics, such as better oil and grease resistance, heat resistance, and moisture control. Consumer preferences and changing lifestyles also play a role in driving the demand for greaseproof sheets. As consumers increasingly opt for convenience-oriented food choices and on-the-go eating habits, the need for greaseproof sheets for packaging and handling food items increases.
"Customization and Branding Opportunities Has Influenced the Demand in the Market"
Greaseproof sheets offer customization and branding opportunities for foodservice establishments. Businesses can have their logos, designs, or promotional messages printed on the sheets, enhancing their brand identity and creating a unique customer experience. This drives the demand for customized greaseproof sheets. This has led to a positive impact on the Greaseproof Sheets Market growth.
Restraining Factors
"Environment Concerns Can Lead to a Declining Trend in the Market"
While there is a growing demand for sustainable packaging solutions, the implementation of environmentally friendly alternatives can present challenges in terms of cost and performance. Developing greaseproof sheets that meet sustainability requirements while maintaining the desired functionality and affordability can be a restraining factor for some manufacturers. As a consequence, there will be a declining trend in the Greaseproof Sheets market.
Greaseproof Sheets Market Regional Insights
"North America Region Dominates the Market as it Has Been an Early Adoption of Wearable Technology"
North America has the largest Greaseproof Sheets market share as it has well-established and thriving foodservice industry, including restaurants, cafes, fast-food chains, and bakeries. The region has a large number of foodservice establishments that require greaseproof sheets for packaging and serving food items. The demand from this robust industry contributes to North America's dominance in the market. North American consumers have a preference for convenient, on-the-go food options, leading to a high demand for takeout, delivery, and fast-food services. This trend drives the need for greaseproof sheets as they are essential for packaging food items and maintaining their quality during transit. The culture of eating out, ordering in, and the popularity of fast-food chains further bolster the demand for greaseproof sheets.
Key Industry Players
"Key Players Focus On Marketing & Sales for Supply Chain Management"
Key players engage in marketing and promotional activities to create awareness about their greaseproof sheet products. They work on building strong brand identities, highlighting the features and benefits of their products, and reaching out to potential customers. This includes participation in trade shows, advertising campaigns, online marketing, and establishing relationships with distributors and retailers. Key players have established distribution networks to ensure the availability of their greaseproof sheets in various regions. They manage their supply chains, including procurement of raw materials, manufacturing, inventory management, and logistics. These players work closely with distributors, wholesalers, and retailers to reach their target markets efficiently.
LIST OF TOP GREASEPROOF SHEETS COMPANIES
- Nordic Perap
- Vizille Paper Mills
- Troitskaya Bumazhnaya Fabrika
- Paramount Packaging
- Simpac(South Korea)
- Delfortgroup(Austria)
- KRPA Holding CZ
- Vegware(United Kingdom)
- Cheever Specialty Paper & Film(Massachusetts)
- Napco National Paper Products Co. (Saudi Arabia)
- Pudumjee Paper Products
- Seaman Paper
Report Coverage
The report brings together extensive research on the qualitative and quantitative factors affecting the market. It gives an overall macro and micro view of the online reputation service industry. This research profiles a report with extensive studies on the online reputation management services market that describe the firms affecting the forecasting period. Detailed studies also offer a comprehensive analysis by inspecting factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, etc.
Furthermore, the post-COVID-19 pandemic’s effect on international market restrictions and a deep understanding of how the industry will recover and strategies are also stated in the report. Finally, the competitive landscape has also been examined in detail to provide clarification of the competitive landscape.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 0.94 Billion in 2023 |
Market Size Value By |
US$ 1.39 Billion by 2032 |
Growth Rate |
CAGR of 4.4% from 2023 to 2032 |
Forecast Period |
2024-2032 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered | |
By Types
|
|
By Application
|
Frequently Asked Questions
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What value is the global greaseproof sheets industry expected to touch by 2032?
The global greaseproof sheets market size was USD 0.94 billion in 2023 and is projected to grow from USD 0.98 billion in 2024 to USD 1.39 billion by 2032.
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What CAGR is the greaseproof sheets industry expected to exhibit during 2024-2032?
The global greaseproof sheets industry is expected to exhibit a CAGR of 4.4% over 2024-2032.
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What are the factors which help in pushing the greaseproof sheets market?
Customization and branding opportunities & technological advancement and consumer preference are the driving factors of the greaseproof sheets market.
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Which are the key players or most dominating companies functioning in the greaseproof sheets market?
Nordic Paper, Vizille Paper Mills, Troitskaya Bumazhnaya Fabrika, Paramount Packaging, Simpac, Delfortgroup, KRPA Holding CZ, Vegware, Cheever Specialty Paper & Film, Napco National Paper Products Co, Pudumjee Paper Products, and Seaman Paper are the top companies operating in the greaseproof sheets market.