Product Code: ETC394378 | Publication Date: Jul 2023 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 250 | No. of Figures: 50 | No. of Tables: 25 |
The Asia Pacific wax paper market is expected to grow at a CAGR of 4.7% during the forecast period 2021-2027. Wax paper, also known as parchment or greaseproof paper, is a type of packaging material made from bleached and non-bleached Kraft papers that are coated with food grade waxes such as paraffin and beeswax. It has an impermeable surface which prevents oils and fats from penetrating through it, making it ideal for food packaging applications. The increasing demand for packaged products in the region due to rising disposable incomes and changing lifestyles is driving the market growth in this region. Moreover, various innovations in product offerings by companies have increased consumer interest towards these products further boosting its adoption rate across the globe. Additionally, rising awareness among consumers regarding health benefits associated with using eco-friendly packaging materials will create opportunities for manufacturers operating in this space over the coming years.
The major factors driving the growth of the Asia Pacific wax paper market include growing demand for convenience foods coupled with rapid urbanization leading to changes in lifestyle patterns amongst consumers; increased expenditure on packaged and processed foods; surging trend toward sustainable packaging solutions; along with innovative product offerings by players operating within this industry resulting into higher customer interests towards these products. Furthermore, technological advancements such as development of waterproof & oil resistant wax papers used extensively for bakery items may propel their usage rates furthering fuelling their demand significantly over next few years providing impetus towards overall regional expansion prospects .
However , high costs involved with the manufacturing process coupled with presence of substitutes like aluminum foil might act as restraints hindering business expansion plans . Also availability issues pertaining to raw material inputs required during production procedure could challenge industrial growth prospects adversely over forthcoming years .
UPM Raflatac , Mondi Group , Huhtamaki Oyj , GPV International A/S ; Nippon Paper Industries Co., Ltd ; SJC Packaging Solutions Ltd.; Qingdao Double Peach Packing Co., Ltd.; etc
The outbreak of Covid pandemic has resulted into disruption across whole value chain processes involving multiple industries including that pertaining to Wax Papers too owing primarily to disrupted supply chains leading into unavailability issues concerning both raw materials needed during production alongside hampered sales operations due totemporary shutdown.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Asia Pacific Wax paper Market Overview |
3.1 Asia Pacific Regional Macro Economic Indicators |
3.2 Asia Pacific Wax paper Market Revenues & Volume, 2020 & 2027F |
3.3 Asia Pacific Wax paper Market - Industry Life Cycle |
3.4 Asia Pacific Wax paper Market - Porter's Five Forces |
3.5 Asia Pacific Wax paper Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 Asia Pacific Wax paper Market Revenues & Volume Share, By Type, 2020 & 2027F |
3.7 Asia Pacific Wax paper Market Revenues & Volume Share, By End-use, 2020 & 2027F |
4 Asia Pacific Wax paper Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Asia Pacific Wax paper Market Trends |
6 Asia Pacific Wax paper Market, 2017 - 2027 |
6.1 Asia Pacific Wax paper Market, Revenues & Volume, By Type, 2017 - 2027 |
6.2 Asia Pacific Wax paper Market, Revenues & Volume, By End-use, 2017 - 2027 |
7 China Wax paper Market, 2017 - 2027 |
7.1 China Wax paper Market, Revenues & Volume, By Type, 2017 - 2027 |
7.2 China Wax paper Market, Revenues & Volume, By End-use, 2017 - 2027 |
8 India Wax paper Market, 2017 - 2027 |
8.1 India Wax paper Market, Revenues & Volume, By Type, 2017 - 2027 |
8.2 India Wax paper Market, Revenues & Volume, By End-use, 2017 - 2027 |
9 Japan Wax paper Market, 2017 - 2027 |
9.1 Japan Wax paper Market, Revenues & Volume, By Type, 2017 - 2027 |
9.2 Japan Wax paper Market, Revenues & Volume, By End-use, 2017 - 2027 |
10 Australia Wax paper Market, 2017 - 2027 |
10.1 Australia Wax paper Market, Revenues & Volume, By Type, 2017 - 2027 |
10.2 Australia Wax paper Market, Revenues & Volume, By End-use, 2017 - 2027 |
11 Indonesia Wax paper Market, 2017 - 2027 |
11.1 Indonesia Wax paper Market, Revenues & Volume, By Type, 2017 - 2027 |
11.2 Indonesia Wax paper Market, Revenues & Volume, By End-use, 2017 - 2027 |
12 Philippines Wax paper Market, 2017 - 2027 |
12.1 Philippines Wax paper Market, Revenues & Volume, By Type, 2017 - 2027 |
12.2 Philippines Wax paper Market, Revenues & Volume, By End-use, 2017 - 2027 |
13 Malaysia Wax paper Market, 2017 - 2027 |
13.1 Malaysia Wax paper Market, Revenues & Volume, By Type, 2017 - 2027 |
13.2 Malaysia Wax paper Market, Revenues & Volume, By End-use, 2017 - 2027 |
14 Rest of Asia Wax paper Market, 2017 - 2027 |
14.1 Rest of Asia Wax paper Market, Revenues & Volume, By Type, 2017 - 2027 |
14.2 Rest of Asia Wax paper Market, Revenues & Volume, By End-use, 2017 - 2027 |
11 Asia Pacific Wax paper Market Key Performance Indicators |
12 Asia Pacific Wax paper Market - Opportunity Assessment |
12.1 Asia Pacific Wax paper Market Opportunity Assessment, By Countries, 2020 & 2027F |
12.2 Asia Pacific Wax paper Market Opportunity Assessment, By Type, 2020 & 2027F |
12.3 Asia Pacific Wax paper Market Opportunity Assessment, By End-use, 2020 & 2027F |
13 Asia Pacific Wax paper Market - Competitive Landscape |
13.1 Asia Pacific Wax paper Market Revenue Share, By Companies, 2020 |
13.2 Asia Pacific Wax paper Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |