Greaseproof Paper Market

Greaseproof Paper Market Outlook (2023-2033)

The global greaseproof paper market ended up at a valuation of US$ 1.27 billion in 2022 and is forecasted to increase at a CAGR of 5.5% to reach US$ 2.1 billion by the end of 2033.

Greaseproof paper is very useful in food storage and packaging. Greaseproof paper, formulated in a way to repel grease, makes it suitable for the long-term storage of a variety of foods. Demand is expected to increase over the coming years owing to the high need in the food packaging sector. Greaseproof paper is also considered one of the economic replacements for baking paper.

Food packaging is one of the fastest-growing sectors of the world. Increasing use of platforms such as cloud kitchens and online food delivery has paved the road for packaging material manufacturers to re-evaluate the efficiency, cost-effectiveness, and environmental aspects of the material used in food packaging. Traditionally, plastics were used in the packaging and transportation of food materials such as confectionaries, baked items, and poultry products; however, owing to increasing concerns about plastic waste generation, a massive shift from plastic to paper has been observed.

Cost is one of the important components that rule out the consumption of conventional packaging paper material such as plastic and parchment paper. Greaseproof paper is often confused with baking paper and is widely used for food packaging. The major difference between baking paper and greaseproof paper is the presence of a silicone layer on baking paper that makes it heat-resistant. Though, greaseproof paper can also be used in the baking process, but with some additional precautions.

• Post-pandemic, the demand for online home food delivery has increased exponentially. The demand for food packaging material has grown in direct response to this increased requirement. Stringent regulations by governments limit the use of plastics, thus increasing the demand for greaseproof paper.
• Greaseproof paper is cheaper than baking paper; so there is a high chance that product demand would increase in the near future. Also, increasing consumer awareness regarding the need to reduce the consumption of plastics would be an additional factor that would escalate the demand for greaseproof paper.
• Rising concerns about sustainability and innovations in packaging materials would have a strong impact on the overall food paper packaging industry.

Report Attributes	Details
Greaseproof Paper Market Size (2022A)	US$ 1.27 Billion
Estimated Market Value (2023E)	US$ 1.33 Billion
Forecasted Market Value (2033F)	US$ 2.1 Billion
Global Market Growth Rate (2023-2033)	~5.5% CAGR
North America Market Share (2022)	~21.1%
North America Growth Rate (2023-2033)	~3.5% CAGR
US Growth Rate (2023-2033)	~3.7% CAGR
Market Share of Top 5 Companies	~35.6%
Key Companies Profiled	Nordic Paper Ahlstrom-Munksjö’s Delfortgroup Dispapali Domtar Corporation Expera Speciality Solutions Fujian Naoshan Paper Industry Group Co., Ltd KRPA Paper Inc. Metsä Group Orient Co. Pte Ltd Pudumjee Paper Products Simpac The Griff Network Twin River Paper company VICAT Cortec Corporation

Factors influencing Market Scenario of Greaseproof Paper

“Food Paper Packaging to Be Enhanced by Custom Printing”

The Food packaging industry accounts for nearly 50% share of the global consumer packaging industry. Conventional printed plastics used for packaged food transportation face a major setback due to the current changing trends. Greaseproof paper not only helps secure the oil and moisture present in food items from further spillage but also protects the inside content from degradation. Further, increasing utilization of food delivery platforms emphasizes the increasing requirement of greaseproof paper for the transportation of food items.

With changing consumer inclination towards the personalization of products, the availability of custom-printed greaseproof paper is providing a new trajectory to the food packaging market. Also, increasing consumer preference for efficient methods to protect and preserve consumables for a longer duration of time is driving the market for greaseproof paper.

“Eco-friendly and Economical Substrate for Food Storage & Packaging”

Conventionally, plastics are used for food packaging and transportation. However, with increasing consumer awareness, the demand for food items packaged in plastics has seen a decline in the market. Also, concerns about the generation of plastic waste have gained traction and strict government regulations are being imposed to reduce the generation of plastic waste. The food packaging industry is one of those industries that contributes the most - nearly 25% to 30% of plastic waste generation.

Thus, to reduce plastic waste after product utilization, greaseproof paper has come to the rescue. Food materials can be easily preserved without being affected by external conditions. Owing to technological advancements, greaseproof paper can be reused and is also biodegradable in nature.

Also, greaseproof paper is one of the most economical materials that can be used for food packaging. Additionally, it can be used as baking paper with some extra precaution. The cost of baking paper is much higher than that of greaseproof paper, making it a suitable replacement for baking paper.

“Rising Concerns about Fluorocarbon-based Greaseproof Paper”

Fluorochemical treatments used for processing paper to make it greaseproof has gained the attention of many consumers regarding long-term health as well as environmental concerns. The chemicals present in the paper might affect the quality of the food, and also, when disposed of in the environment, it can contribute to environmental pollution. Additionally, studies suggest that long-term exposure to fluoro-carbon-based chemicals is associated with the risk of developing cancer, immune toxicity, and metabolic disruption.

Consumption of fluoro-carbon-based greaseproof paper is being strictly opposed by consumers owing to health concerns. Also, the impetus to limit the toxins released by plastic dumping is still not addressed by the use of greaseproof paper.

The above-mentioned factors are strong parameters that will drive market growth over the forecast period. Though there are many benefits of greaseproof paper, technological advancements are still required to address concerns related to health and the environment.

Image depicts market share of greaseproof paper based on region and product type. Under the product type segment, bleached paper dominated with 56.4% market share in 2022.

Country-wise Insights

High Demand in Food Packaging Sector in China

China possesses one of the world's largest food packaging markets. China holds around 28% of the global market share of food packaging. Owing to the increasing population and the high demand for packaged food in the country, the market for greaseproof paper is expected to progress at a CAGR of 3.9% through 2033.

Technological developments will present significant opportunities for market growth. Also, the increasing GDP of China will contribute to its substantial presence in the global market.

U.S. to Be Major Growth Epicenter in This Market

Though China holds the highest position in the world’s food packaging market, the most consumption of greaseproof paper is still in the U.S. Owing to high per capita income and significant disposable income, the U.S. market is expected to grow at a CAGR of 3.7% through 2033.

Also, increasing consumer awareness of related health and environmental benefits in the country will lead to high consumption of greaseproof paper in food packaging as well as for day-to-day activities.

Category-wise Insights

Fluoro-Carbon-Free Greaseproof Paper Dominant in the Market

Increasing awareness of consumers towards the products used in day-to-day life has driven the demand for toxic-free products. Fluoro-carbon free-based greaseproof paper is economical and environment-friendly, suitable for the packaging of food items as well as for medium-term storage. Also, these products are biodegradable and eco-friendly, leading to the least impact on the environment.

The market for fluoro-carbon-free type greaseproof paper accounted for a valuation of US$ 490 million in 2022 and is set to expand at a CAGR of 6.1% through 2033.

Fast Food Sector – Major End User

Easy availability of fast food has increased the adoption of greaseproof paper. Fast-moving lifestyle around the globe has contributed to the increased inclination towards packaged food. Thus, the segment is expected to grow at a CAGR of 4.5% over the decade.

On the contrary, post-pandemic, a major shift towards fresh has been witnessed. Increasing health awareness among consumers has forced them to make lifestyle choices to reduce fast food consumption. Thus, the use of greaseproof paper in the packaging of fresh produce is expected to grow at a CAGR of 5.8% over the next ten years.

Competitive Landscape

Prominent greaseproof paper manufacturers are Nordic Paper, Ahlstrom-Munksjö’s Delfortgroup, Dispapali, Domtar Corporation, Expera Speciality Solutions, Fujian Naoshan Paper Industry Group Co., Ltd, KRPA Paper Inc., Metsä Group. Orient Co.Pte Ltd, Pudumjee Paper Products, Simpac, The Griff Network, Twin River Paper Company, and VICAT Cortec Corporation.

The world’s leading manufacturers of greaseproof paper are employing sustainable technologies and cost optimization systems for various end users of food packaging industries. Leading manufacturers are focused on developing eco-friendly products that are suitable for the storage of food products for a longer duration of time.

Major strategies adopted by manufacturers are :

• In September 2022, Nordic Paper, one of the leading manufacturers of natural greaseproof paper, obtained certification for producing specialty products that can be easily degraded in industrial and home compost.
• In May 2021, Ahlstrom-Munksjö’s, launched a new range of products specifically for the North American market. These include silicone high-density greaseproof paper suitable for professional and new bakers.

Fact.MR has provided detailed information about the price points of key manufacturers of greaseproof paper positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.

Segmentation of Greaseproof Paper Industry Survey

• By Product Type :

  • Bleached
  • Unbleached

• By Product Offering :

  • Fluro-Carbon-Based
  • Fluro-Carbon-Free

• By Weight :

  • <40 GSM
  • 40-80 GSM
  • >80 GSM

• By Application :

  • Baking/Cooking
  • Food Packaging
    • Paper Bags
    • Wrapping Paper
    • Laminating Base Paper
    • Microflute Paper
    • Clamshells
    • Others

• By End Use :

  • Confectionary
  • Poultry
  • Fresh Produce
  • Fast Foods
  • Others

• By Region :

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