Market Overview:
The global wax paper market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for wax paper from end-use industries such as food and beverage, printing, and other applications. In terms of type, the dry wax paper segment is expected to dominate the global wax paper market during the forecast period. This can be attributed to its properties such as high strength, water resistance, and grease resistance.
Product Definition:
Wax paper is a thin paper coated with wax, typically used to wrap food. It is less greasy than plastic wrap, and can be reused multiple times.
Dry Wax Paper:
Dry wax paper is a type of specialty paper made from wood pulp and wax. It has high tensile strength, good water resistance, and excellent surface quality. The major applications of dry wax papers are in packaging materials for food products that require low moisture retention such as fruits & vegetables; in the tobacco industry to wrap cigarettes;in the cosmetics industry to package skincare products such as face masks & creams among others.
Wet Wax Paper:
Wet wax paper is a by-product of the wood pulp manufacturing process. It is made up of cellulose fibers that have been saturated in water and then dried. The surface of wet wax paper looks like sawdust and has high absorbent properties. Wet wax papers are used for packaging various products including crayons, pencils, pastels, markers, etc., as they provide an excellent moisture barrier property to these products which keeps them from drying out during transit and storage.
Application Insights:
Packing was the largest application segment in 2017 and is projected to witness significant growth over the forecast period. Packing products such as food packaging, medical devices, electronics and cosmetics are made of wax paper. The properties such as moisture barrier property along with high opacity offered by wax paper make them suitable for various packing applications including fruits & vegetables, confectionery products, meat & seafood and pharmaceuticals among others.
The printing application segment is expected to register a CAGR of XX% from 2018 to 2030 owing to increasing demand for printed matter including magazines and brochures among other promotional items such as business cards and pamphlets which are widely used in daily life especially in trade shows & exhibitions where there is a high demand for promotion activities at minimal costs coupled with ease of handling offered by these papers that makes them highly preferred materials over others available in market place.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rapid industrialization, presence of numerous packaging and printing companies, coupled with growing population in developing countries such as China and India. Moreover, increasing demand for packing materials from various industries including food & beverage, pharmaceuticals is anticipated to drive the market growth over the forecast period.
Europe was estimated at USD X million in 2017 owing to high demand for printing paper from several major applications including packaging, advertising/promotionals (leaflet/flyer), labels & tags (bottle necking) etc., However North America wax paper consumption was less as compared to other regions on account of lesser number of manufacturing units located there but it is projected that this trend will change soon due to increasing awareness regarding environment protection which will boost regional product sales over next eight years time frame.
Growth Factors:
- Increasing demand from food and beverage industry: The global wax paper market is projected to grow at a CAGR of 5.5% during the forecast period, owing to the increasing demand from the food and beverage industry. This is mainly due to the properties of wax paper such as grease resistance, water resistance, and high thermal insulation that make it suitable for packaging various types of food items.
- Rising disposable income in developing countries: The growth of the wax paper market is also driven by rising disposable income in developing countries, which has led to an increase in consumer spending on packaged foods and beverages. In addition, this has resulted in an increase in demand for premium-quality packaging materials such as wax paper.
- Technological advancements: Wax papers are witnessing technological advancements with respect to their printing capabilities that are helping brands communicate better with consumers through innovative designs and graphics on packages. This is resulting in increased adoption of wax papers for packaging applications across various industries worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Wax Paper Market Research Report
By Type
Dry Wax Paper, Wet Wax Paper
By Application
Packing, Printing, Other
By Companies
Dunn Paper, Interplast, Paradise Packaging, Navbharat Industries, Grantham Manufacturing, Seaman Paper, Framarx/Waxstar, BPM, MPI Papermills, SUNPACK CORPORATION, Patty Paper, Handy Wacks
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Wax Paper Market Report Segments:
The global Wax Paper market is segmented on the basis of:
Types
Dry Wax Paper, Wet Wax Paper
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Packing, Printing, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Dunn Paper
- Interplast
- Paradise Packaging
- Navbharat Industries
- Grantham Manufacturing
- Seaman Paper
- Framarx/Waxstar
- BPM
- MPI Papermills
- SUNPACK CORPORATION
- Patty Paper
- Handy Wacks
Highlights of The Wax Paper Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Dry Wax Paper
- Wet Wax Paper
- By Application:
- Packing
- Printing
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Wax Paper Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Wax paper is a type of paper made from waxes and other oils. It is often used to make temporary or disposable items, such as wrapping paper, gift bags, and food packaging.
Some of the key players operating in the wax paper market are Dunn Paper, Interplast, Paradise Packaging, Navbharat Industries, Grantham Manufacturing, Seaman Paper, Framarx/Waxstar, BPM, MPI Papermills, SUNPACK CORPORATION, Patty Paper, Handy Wacks.
The wax paper market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Wax Paper Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Wax Paper Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Wax Paper Market - Supply Chain
4.5. Global Wax Paper Market Forecast
4.5.1. Wax Paper Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Wax Paper Market Size (000 Units) and Y-o-Y Growth
4.5.3. Wax Paper Market Absolute $ Opportunity
5. Global Wax Paper Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Wax Paper Market Size and Volume Forecast by Type
5.3.1. Dry Wax Paper
5.3.2. Wet Wax Paper
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Wax Paper Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Wax Paper Market Size and Volume Forecast by Application
6.3.1. Packing
6.3.2. Printing
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Wax Paper Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Wax Paper Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Wax Paper Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Wax Paper Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Wax Paper Demand Share Forecast, 2019-2026
9. North America Wax Paper Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Wax Paper Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Wax Paper Market Size and Volume Forecast by Application
9.4.1. Packing
9.4.2. Printing
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Wax Paper Market Size and Volume Forecast by Type
9.7.1. Dry Wax Paper
9.7.2. Wet Wax Paper
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Wax Paper Demand Share Forecast, 2019-2026
10. Latin America Wax Paper Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Wax Paper Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Wax Paper Market Size and Volume Forecast by Application
10.4.1. Packing
10.4.2. Printing
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Wax Paper Market Size and Volume Forecast by Type
10.7.1. Dry Wax Paper
10.7.2. Wet Wax Paper
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Wax Paper Demand Share Forecast, 2019-2026
11. Europe Wax Paper Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Wax Paper Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Wax Paper Market Size and Volume Forecast by Application
11.4.1. Packing
11.4.2. Printing
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Wax Paper Market Size and Volume Forecast by Type
11.7.1. Dry Wax Paper
11.7.2. Wet Wax Paper
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3 By Application
11.10.4. By Sales Channel
11.11. Europe Wax Paper Demand Share, 2019-2026
12. Asia Pacific Wax Paper Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Wax Paper Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Wax Paper Market Size and Volume Forecast by Application
12.4.1. Packing
12.4.2. Printing
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Wax Paper Market Size and Volume Forecast by Type
12.7.1. Dry Wax Paper
12.7.2. Wet Wax Paper
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Wax Paper Demand Share, 2019-2026
13. Middle East & Africa Wax Paper Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Wax Paper Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Wax Paper Market Size and Volume Forecast by Application
13.4.1. Packing
13.4.2. Printing
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Wax Paper Market Size and Volume Forecast by Type
13.7.1. Dry Wax Paper
13.7.2. Wet Wax Paper
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Wax Paper Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Wax Paper Market: Market Share Analysis
14.2. Wax Paper Distributors and Customers
14.3. Wax Paper Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Dunn Paper
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Interplast
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Paradise Packaging
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Navbharat Industries
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Grantham Manufacturing
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Seaman Paper
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Framarx/Waxstar
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. BPM
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. MPI Papermills
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. SUNPACK CORPORATION
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Patty Paper
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Handy Wacks
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
