Barrier Coated Papers Market to Reach US$ 6.6 Bn by the year 2029

Barrier coated papers continue to gain popularity for packaging and printing applications because to their higher water resistance, grease and oil resistance, and compliance with food requirements. A recent Future Market insights (FMI) analysis predicts that the market would grow at a rate of more than 4.5 percent between 2022 and 2029, with large contributions from the food, consumer electronics, and retail industries.

Between 2022 and 2029, the global barrier coated papers market is estimated to grow at a CAGR of 4.5 percent, reaching US$ 6.6 billion.

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Barrier Coated Papers Market Study Key Takeaways
Water-based coatings are outperforming solvent-based coatings in the barrier coated papers market. Because of the regulatory landscape, restricted recyclability, and delayed degradation of solvent-based barrier coated papers, water-based coatings are predicted to account for the majority of market share by 2029.

Packaging is expected to account for a large portion of the worldwide barrier coated paper market. Barrier-coated paper makes up more than 95 percent of beverage packaging, as well as the majority of food wraps, cups, and lids used in the food industry.

The food industry has been highlighted as a key end-user for barrier coated papers, as oil and grease resistant papers are required for lining boxes in the packaging of confectionery, dairy, and snacks.

North America accounts for approximately a third of the global market for barrier coated papers. In the barrier coated papers market, North America is likely to lose market share to growing regions, particularly South Asia and East Asia. This trend can be ascribed to strong rise in packaged food consumption and the retail industry in these areas.

In the barrier coated papers market, wider adoption of sustainable barrier coatings is expected to be a prominent trend. Bio-based polymers are gaining popularity as coating materials and are projected to become more cost-effective.

Manufacturers in the barrier coated papers market can leverage the remunerative growth potential offered by nascent bio-based materials. Capacity addition and introduction of cost-effective barrier coatings for paperboard converters can create significant opportunities for all players operating across the value chain.

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Who Is Winning?

Paper packaging giants such as Stora Enso Oyj., UPM-Kymmene Oyj, Sappi Ltd., Billerudkorsnas AB, and Mitsubishi Paper Mills Limited are some of the prominent players operating in the global barrier coated papers market. Coating companies and paperboard converter companies are collaborating to develop innovative barrier coated papers.

• In November 2022, Stora Enso Oyj collaborated with HS Manufacturing Group (HSMG), a manufacturer of plant-based barrier coatings, to produce Stora Enso’s formed fiber offering.
• In November 2022, Smurfit Kappa collaborated with Mitsubishi HiTec Paper, to develop an innovative and recyclable food-safe packaging solution. The outer board-based packaging is made from Smurfit Kappa’s MB12 packaging solution and the inner packaging contains Mitsubishi HiTec Paper’s BARRICOTE barrier coated papers.

More About Barrier Coated Papers Report

Future Market Insights, in its new offering, offers an unbiased analysis of the global barrier coated papers market, analyzing historical demand from 2014-2021 and forecast statistics for 2022-2029. The study unravels growth projections on the barrier coated papers market on the basis of coating type (water-based, solvent-based and wax coatings), material (paper, plastic (PE, PP, PVDC, bio-plastic (polysaccharides, PLA, PHA), PET, EVOH, PA), wax, AIOx, SiOx) and application (packaging (cups & lids, trays, boxes, pouches, labels, blisters & clamshells, wraps, and tapes) and end-use industries (food (bakery, confectionery, snacks, dairy, spices & condiments, and sauces), beverages, cosmetic & personal care, pharmaceuticals, building & construction, electrical & electronics, tobacco packaging, and others) across seven major regions.

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Key Segments Covered in Barrier Coated Papers Industry Research

• Water-based Coating
• Solvent-based Coating
• Wax Coating

By Material :

• Paper
• Plastic
  • Polyethylene (PE)
  • Polypropylene (PP)
  • Polyvinylidene dichloride (PVDC)
  • Polyethylene Terephthalate (PET)
  • Bio-based Plastic
    • Polysaccharides
    • Polylactic Acid (PLA)
    • Polyhydroxyalkanoates (PHA)
      • Ethylene Vinyl Alcohol (EVOH)
      • Polyamide (PA)
  • Wax
  • Aluminum Oxides (AlOx)
  • Silicon Oxides (SiOx)

By Application :

• Packaging
  • Cups & Lids
  • Trays
  • Boxes & Cartons
  • Pouches & Sachets
  • Labels
  • Blisters & Clamshells
  • Wraps
  • Tapes
• Printing

By End-user :

• Food
  • Bakery
  • Confectionery
  • Snacks
  • Dairy
  • Spices & Condiments
  • Sauces
• Beverages
• Cosmetic & Personal Care
• Pharmaceuticals
• Building & Construction
• Electrical & Electronics
• Tobacco Packaging
• Other Consumer Goods (Agriculture, Automotive, Home Care, etc.)

By Region :

• North America Barrier Coated Papers Market
• Latin America Barrier Coated Papers Market
• Europe Barrier Coated Papers Market
• East Asia Barrier Coated Papers Market
• South Asia Barrier Coated Papers Market
• Oceania Barrier Coated Papers Market
• Middle East & Africa (MEA) Barrier Coated Papers Market

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About FMI:

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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