Barrier Coated Papers Market Growth Drivers and Emerging Trends (2023-2033)
The overall valuation of the global barrier-coated papers market was recorded at US$ 4,640.1 million in 2022. The global market is anticipated to rise at a CAGR of 4.6% during the years from 2023 to 2023. The global market is also expected to reach US$ 7,571.9 million by the year 2033.
North America and Europe are experiencing a surging demand for barrier coated papers, particularly as Quick Service Restaurants (QSRs) make a strong comeback in the post-Covid-19 era. Consumers are increasingly opting for home deliveries, emphasizing the need for impeccable packaging with Eco-shield barrier coatings to ensure food safety and quality.
The United States leads in the consumption of barrier coated papers, driven in part by a significant population of health-conscious individuals. The country’s packaging industry has seen substantial advancements in technology, leading to the adoption of innovative packaging solutions across various sectors.
The market for barrier coated paper packaging in the United States is poised to face fierce competition from new entrants in China and Japan, who are increasingly entering the arena. Additionally, regional and small-scale producers are also joining the flexible paper packaging industry, leveraging the growing demand for barrier coated papers. This influx of new players and innovative packaging solutions underscores the dynamic and competitive nature of the market.
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The demand for barrier coated papers is accelerating due to the high use of barrier coatings for food packaging. Moreover, many non-food products and corrugated board packaging applications use barrier coatings for profitable shipping.
Papers with a barrier coating are known to conceal products by grease barrier, moisture barrier, or other necessary barrier types. However, these materials negatively impact the environment and are thus being replaced by paper-based formats with compostable barrier coatings.
Key Takeaways from the Barrier Coated Papers Market Study
- Countries in North America are the prominent users of barrier-coated papers and created a global demand share of 29.4% in the year 2022. The sales of barrier coated papers in the United States alone contributed to 25.4% of the global market share that year.
- Europe, as a whole, closely follows the United States in the adoption of barrier coated papers and acquired a market share of 25.2% in 2022. Europe is the leading contributor of barrier-coated papers, with a global market share of 5.3% in 2022.
- In recent years, the demand for barrier coated papers in the United States is surging at a significant rate. FMI estimates this regional market is going to exhibit a year-on-year growth rate of 3.3% during the forecast years.
- Asia Pacific countries are emerging to be notably growing markets for sales of barrier-coated papers these years. China is at the forefront and is projected to register an impressive CAGR of 6.4% during the forecast years.
- Japan is a quite well-established market in the Asia Pacific that contributed almost 4.1% of the global supply of barrier coated papers in 2022. India is figured out to continue on a high annual growth rate of 7.4% in sales of barrier coated papers over the forecast years.
- Based on different types of materials used for making barrier coated papers, paper is the preferred segment. Though this segment held an 84.1% market share in 2022, the bio-based plastics segment is expected to gain high traction during the projected years.
- Among the several end-user verticals for barrier coated papers, the food packaging segment consumed almost 64.9% of the total share in 2022. Besides this segment, beverages packaging and pharmaceutical packaging are also expected to make high use of barrier coated papers in the coming days.
Competitive Landscape for the Barrier Coated Papers Market
- Paramelt B.V
- Cortec Corporation
- Sierra Coating Technologies LLC
- Stora Enso Oyj
- Altana AG
- Michelman, Inc.
- Omnova Solutions Inc.
- BASF S.E.
- Dow Chemical Company
are some of the leading players in the global barrier coated papers market.
- Coatings & Adhesives,
- CH-Polymers,
- Imerys,
- Mondi,
- Akzo Nobel,
- KURARAY
- Cork Industries
are among other domestic players covered in the report.
Advancements in packaging innovations, particularly in water-based barrier coated papers are regarded to fuel the market’s growth over the forecast period. Furthermore, the stringent environmental regulations that many governments around the world have implemented for food contact paper could play a supportive role.
Recent Developments:
- Stora Enso, in November 2019, inked a strategic collaboration with HSMG (HS Manufacturing Group) for developing the former’s formed fiber offering.
- Sonoco Products Company, in May 2019, invested US$ 17 million in Dream Machine to laminate and coat paper & paperboard products in Birmingham.
Key Segmentations
Barrier Coated Paper Industry Segment by Coating Type:
- Water-based Coating
- Solvent-based Coating
- Wax Coating
- Extrusion Coating
Barrier Coated Paper Industry Segment by Material:
- Paper Coating
- Plastic Coating
- Polyethylene (PE)
- Polypropylene (PP)
- Polyvinylidene dichloride (PVDC)
- Polyethylene Terephthalate (PET)
- Bio-based Plastic Coating
- Polysaccharides
- Polylactic Acid (PLA)
- Polyhydroxyalkanoates (PHA)
- Ethylene Vinyl Alcohol (EVOH)
- Polyamide (PA)
- Wax Coating
- Other Coating Materials
Barrier Coated Paper Industry Segment by Thickness (ISO 534):
- Less than 50 µm
- 51 µm to 75 µm
- 75 µm to 100 µm
Barrier Coated Paper Industry Segment by Packaging Application:
- Cups & Lids
- Trays
- Laminates
- Boxes & Cartons
- Pouches & Sachets
- Labels
- Blisters & Clamshells
- Wraps
- Tapes
- Others
Barrier Coated Paper Industry Segment by End-user Verticals:
- Food Packaging
- Bakery
- Confectionery
- Snacks
- Dairy
- Spices & Condiments
- Sauces
- Beverages Packaging
- Cosmetic & Personal Care Packaging
- Pharmaceuticals Packaging
- Building & Construction Packaging
- Electrical & Electronics Packaging
- Tobacco Packaging
- Packaging of Other Consumer Goods (Agriculture, Automotive, Home Care, etc.)
Barrier Coated Paper Industry Segment by Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- The Middle East & Africa (MEA)
- Art
- Causes
- Crafts
- Dance
- Drinks
- Film
- Fitness
- Food
- Games
- Gardening
- Health
- Home
- Literature
- Music
- Networking
- Other
- Party
- Religion
- Shopping
- Sports
- Theater
- Wellness
- IT, Cloud, Software and Technology