Discover the growing significance of the Parchment Paper Market as a versatile kitchen essential. Explore its various applications, benefits, and eco-friendly characteristics, and find out why it has become a staple for both professional chefs and home cooks alike.

The market for parchment paper is anticipated to reach a value of US$ 1,064.2 million in 2023 and US$ 1,789 million by 2033. A CAGR of 5.7% is predicted for the market’s growth.

Parchment Paper Market Overview-

Parchment paper is a type of paper that is coated with silicone, making it non-stick, heat-resistant, and moisture-resistant. It has been used in kitchens for decades and has become increasingly popular in recent years. The Parchment Paper Market is expected to grow steadily over the next few years, driven by increased consumer awareness of the benefits of using parchment paper, particularly in the baking industry.

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The demand for prepared foods is increasing on a global scale as a result of changing consumer habits. Due to higher disposable income, consumers in emerging economies are spending more on food and related services. This tendency is anticipated to continue during the assessment period.

Parchment paper consumption has risen in the last decade through rising application in bakeries, restaurants, packed food, food deliveries, and take-away. Moreover, stringent environment rules are being applied across many countries to reduce dependency on non-biodegradable materials, combining all these, sales of parchment paper are anticipated to witness significant surge during the forecast period.

Key Takeaways from Parchment Paper Market

  • By product type, unbleached paper segment is ahead and leading the market. With its sustainability and recyclable nature, the segment is anticipated to hold more than 55% market share during the forecast period.
  • On basis of basis weight, 40-60 GSM is most preferred in the market due to its durability, safety and hygienic properties. The segment is anticipated to increase 1.97 times during next 10 years.
  • Among end users, ready-to-eat meal segment will witness an incremental rise of US$ 293 Mn, due to rise of disposable income of middle class families in emerging economies.
  • Sales in the U.S. is expected to surge at a steady rate, accounting for over 75% of the North America market in 2021.
  • While China is expected to remain the leading market in East Asia, thanks to expansion of food service sector, growth in South Korea will unfold at a greater pace.

“The consumption of ready to eat products and fast foods is rising globally. Increasing application in the food and food services has created opportunities for parchment paper manufacturers to maximize their sales. Increasing emphasis on safe and recyclable paper is anticipated to redefine the parchment paper market growth” says FMI analyst.

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Focus on Sustainable Packaging Solutions Augmenting Parchment Paper Sales

Parchment papers are primarily used to pack food products without hampering the product quality. Parchment paper as a packaging solution is the most efficient way of packing food products to be delivered or stored over a period of time without disrupting the shelf-life of the product.

In the last decade, the popularity of parchment paper has reached new heights. It has emerged at a convenient option for working families to store food. Technological advancement associated with parchment paper is one of the key factors that has raised the bar parchment paper as a packaging solution.

Benefits such as variance in size to cater to specific customer requirements and others are helping the market gain momentum. Manufacturers in bakery & confectionary and ready-to-eat meals segments have started to provide a variety for products which will attract busy and hectic lifestyle of millennials. Parchment paper has emerged as a flexible, sustainable, and convenient solution for packing a variety of food items.

The packaging industry is currently focusing on the reduction in using clamshell as a primary packaging source to reduce logistical costs. This growing adoption of parchment paper over clamshells is likely to strengthen the market growth during the foreseeable future.

Who is Winning?

·         Georgia-Pacific Corp.,

·         METSA Tissue,

·         Ahlstrom-Munksjo Oyj.

are the top players operating in the parchment paper market. Furthermore,

  • Delfort Group AG,
  • Cosmoplast,
  • JK Paper,
  • Nordic Paper and
  • Kalpataru Papers LLP

are also the noticeable players in the parchment paper market. The Tier 3 players in the market hold 70-75% in the global parchment paper market. In conclusion, key players contribute almost 25-30% of the global market.

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Parchment Paper Market by Category

By Product Type:

  • Bleached Parchment Paper
  • Unbleached Parchment Paper

By Basis Weight:

  • Less than 40 GSM Parchment Paper
  • 41 to 60 GSM Parchment Paper
  • 61 to 80 GSM Parchment Paper

By End Use:

  • Bakery and Confectionary
  • Ready-to-Eat Meals
  • Fresh Produce
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • MEA
  • East Asia
  • South Asia
  • Oceania