PLA Coated Paper Market Trends and Forecast
The future of the global PLA coated paper market looks promising with opportunities in the food, chemical, and stationery markets. The global PLA coated paper market is expected to reach an estimated $142 billion by 2030 with a CAGR of 6.2% from 2024 to 2030. The major drivers for this market are increasing consumer demand for sustainable packaging solutions and expansion of online retail and e-commerce, boosting demand for eco-friendly packaging solutions.
• Lucintel forecasts that plastic release papers is expected to witness higher growth over the forecast period.
• Within this market, food is expected to witness the highest growth.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook for the PLA Coated Paper Market
• United States: Eco-Products have launched PLA-coated paper products, targeting the foodservice industryÄX%$%Xs shift towards sustainability. Initiatives include partnerships with recycling facilities to improve end-of-life disposal.
• Germany: Mondi involve the development of compostable PLA-coated paper for the packaging applications, aligning with GermanyÄX%$%Xs stringent environmental regulations. Investments in biopolymer research further drive market growth.
• Japan: Nippon Paper Industries has announced the production of PLA-coated paperboard, catering to the countryÄX%$%Xs increasing demand for eco-friendly packaging in the retail and food sectors. This initiative supports JapanÄX%$%Xs commitment to reducing plastic waste.
• China: Huhtamaki has expanded its PLA-coated paper products in China, responding to the governmentÄX%$%Xs initiatives promoting biodegradable packaging materials. Local firms are also investing in PLA coating technologies to meet growing consumer preferences for sustainable options.
• Brazil: Klabin has introduced PLA-coated packaging solutions, focusing on reducing environmental impact in the South American market. Collaborations with local recycling programs aim to enhance the recyclability of PLA-coated materials in the BrazilÄX%$%Xs packaging industry.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
PLA Coated Paper Market by Segment
The study includes a forecast for the global PLA coated paper market by type, application, and region.
PLA Coated Paper Market by Type [Value from 2018 to 2030]:
• Plastic Release Papers
• Non Plastic Release Papers
PLA Coated Paper Market by Application [Value from 2018 to 2030]:
• Food
• Chemical
• Stationery
• Others
PLA Coated Paper Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of PLA Coated Paper Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies PLA coated paper companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the PLA coated paper companies profiled in this report include-
• PLALEAVES
• Xiamen Baigao Environmental Protection Technology
• Ningbo Global Plastic Products
• ESUN
• Hisun
Recent Development in the PLA Coated Paper Market
• Stora Enso has launched PLA-coated paperboard solutions aimed at replacing conventional plastic coatings in food and beverage packaging, emphasizing sustainability and recyclability.
• BASF has introduced bio-based PLA resins for the coating applications, enhancing barrier properties and enabling broader adoption of PLA-coated paper in flexible packaging markets globally.
• Sappi has invested in research and development for PLA-coated papers, focusing on lightweight and sustainable solutions for premium packaging in the cosmetics and luxury goods sectors.
• BioPak has expanded its range of PLA-coated paper products, catering to the growing demand for eco-friendly packaging solutions in the Asia-Pacific region, particularly in the foodservice and retail sectors.
• Nippon Paper Industries has developed PLA-coated paper cups and containers, integrating advanced barrier technologies to enhance product freshness and sustainability in the Japanese market.
Features of the Global PLA Coated Paper Market
Market Size Estimates: Pla coated paper market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Pla coated paper market size by type, application, and region in terms of value ($B).
Regional Analysis: Pla coated paper market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the PLA coated paper market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the PLA coated paper market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the PLA coated paper market size?
Answer: The global PLA coated paper market is expected to reach an estimated $142 billion by 2030.
Q2. What is the growth forecast for PLA coated paper market?
Answer: The global PLA coated paper market is expected to grow with a CAGR of 6.2% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the PLA coated paper market?
Answer: The major drivers for this market are increasing consumer demand for sustainable packaging solutions and expansion of online retail and e-commerce, boosting demand for eco-friendly packaging solutions.
Q4. What are the major segments for PLA coated paper market?
Answer: The future of the PLA coated paper market looks promising with opportunities in the food, chemical, and stationery markets.
Q5. Who are the key PLA coated paper market companies?
Answer: Some of the key PLA coated paper companies are as follows:
• PLALEAVES
• Xiamen Baigao Environmental Protection Technology
• Ningbo Global Plastic Products
• ESUN
• Hisun
Q6. Which PLA coated paper market segment will be the largest in future?
Answer: Lucintel forecasts that plastic release papers is expected to witness higher growth over the forecast period.
Q7. In PLA coated paper market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the PLA coated paper market by type (plastic release papers and non plastic release papers), application (food, chemical, stationery, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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