According to relevant data, by 2023, the market size of machine calendered paper (MG) will reach $13.81 billion, and by 2033, it will reach about $21.63 billion, with a CAGR of 4.6%, with the Asia Pacific region becoming the main growth market.
In recent years, machine calendered paper has become one of the preferred packaging materials for various industries due to its high sustainability and aesthetics. In the past decade, the use of calendered paper has increased significantly. Calendered paper has a high strength and achieves a balance between glossiness and smoothness. Therefore, in recent years, the market demand has continued to grow, and its applications in various industries such as healthcare, food and beverage, automotive, textile, and personal care have continued to increase.
In addition, calendered paper manufacturers may continue to increase their research, development and investment in biodegradable packaging in the future, coupled with the continued attention of global consumers to green packaging, and the calendered paper market is likely to continue to expand in the next decade.
However, the high recovery cost of calendered paper and the large fluctuations in raw material prices may also hinder its market expansion in the future. The disposal of residues from the calendered paper recycling process is expected to be a major obstacle to the expansion of the industry.
Post time: Mar-24-2023