[250 Pages Report] The global schrenz paper market is estimated to create an absolute dollar opportunity of more than USD 6.5 Billion by the end of 2032. The demand for schrenz paper is expected to exceed USD 4 Billion by 2022, projecting growth at a CAGR of around 5% to 6% during the forecast period 2022 to 2032.
Growing demand for high weight and good resistance kraft liners across diverse industries and rising end user inclination towards paper-based packaging solutions are anticipated to create growth prospects in the global market.
Report Attribute | Details |
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Schrenz Paper Market Base Year Value (2021) | USD 3.8 Billion |
Schrenz Paper Market Expected Value (2022) | USD 4 Billion |
Schrenz Paper Market Anticipated Value (2032) | USD 6.5 Billion |
Schrenz Paper Market Projected Growth Rate (2022 to 2032) | 5% to 6% CAGR |
Schrenz papers are a type of kraft liner that is manufactured from 100% waste recycled fiber without adding any functional additives such as starch, glue, or color. These are low-quality papers used as liners in the production of cheap cardboard and in middle layers during the production of corrugated & paper-based products such as boxes, cardboards, cups, bottles, and others.
Demand for schrenz papers is surging at a rapid pace, owing to their favorable characteristics such as low technical properties, lightweight, highly inexpensive, recyclability, and biodegradability. These papers are finding a wide range of applications such as padding, wrapping, stuffing, and void filling, among others for packaging across FMCG and electronics industries.
Schrenz papers are extensively being used in formulating paper cores with less load-bearing capacity and in manufacturing three and 5 layered corrugated fiberboards. These papers are also gaining popularity in protective packaging where they are being used for cushioning and wrapping fragile products. This is projected to accelerate the sales of schrenz paper in the global market.
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Packaging industry is witnessing a rapid transformation from branding, communication, and promotion to sustainability, product protection, and preservation for providing high-quality products post transit, especially, for fragile, artistic, and decorative products. As schrenz paper is increasingly being used in protective packaging, this is projected to favor the growth in the market.
Over the past couple of years, demand for sustainable packaging solutions made using biodegradable materials such as papers, cardboard, and composite fiberboard is registering a rapid growth, owing to growing environmental concerns and customer inclination towards eco-friendly packaging.
Implementation of stringent regulations on the use of plastics and favorable policies for using non-biodegradable and eco-friendly packaging across the countries such as the USA, India, the UK, China, and others in accelerating the adoption of corrugated packaging products. As schrenz papers are used in manufacturing paper cores and corrugated products, such developments are estimated to bolster the sales in the global market.
In addition to this, rapid expansion of the e-commerce industry and increasing use of corrugated products and schrenz paper for filling voids in the boxes across the packaging and logistic sectors are estimated to further augment the demand for schrenz papers in the market.
Schrenz paper proves to be cheaper in the long run, however, extravagant initial investment costs, especially for setting up the production facility are hindering the entry of new players, thereby hindering the growth in the market.
Despite several advantages associated with the use of schrenz paper, high vulnerability of water and moister is hampering the demand for the global market.
As per FMI, North America is projected to account for the lion’s share in the global schrenz paper market between 2022 and 2032.
Increasing emphasis on the use of eco-friendly packaging solutions and growing implementation of strict regulations on the use of plastics have increased the penetration of paper-based packaging solutions such as boxes, cups, rolls, and others made of corrugated fiberboards and paper cores.
This, in addition to increasing use of corrugated boxes in the transport and logistics of heavy as well as fragile products, owing to the booming e-commerce industry across the countries such as the USA and Canada is fueling the demand for schrenz paper in the North America market.
Future Market Insights reveals that Asia Pacific excluding Japan is anticipated to exhibit growth at a robust CAGR in the global schrenz paper market over the forecast period 2022 to 2032.
Schrenz paper is finding a wide range of applications across the automotive industries. They are extensively being used in exterior trim components, mirror housings, seating systems, and others and for improving the appearance and surface finish of automotive parts. Hence, ongoing expansion of the automotive sector and increasing production of automotive vehicles in China and India are estimated to boost the demand for schrenz paper in the market.
Hence, leading players in the market are aiming at expanding their schrenz paper production capacity to cater to this surging demand. This is expected to bolster the growth in the Asia Pacific excluding Japan market.
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Some of the leading players in the global schrenz paper market are Fabrika Hartije Beograd, Aubry Papier, Meyer Verpackungen, APV Germany GmbH, J Hoogstraten, Rossmann, Vrancart, EcoPaper S.A. and others.
Prominent manufacturers in the global schrenz paper market are focusing at expanding their production capacity to strengthen their footprint in the highly competitive market.
Report Attribute | Details |
---|---|
Growth Rate | CAGR of 5% to 6% from 2022 to 2032 |
Base Year for Estimation | 2021 |
Historical Data | 2015 to 2020 |
Forecast Period | 2022 to 2032 |
Quantitative Units | Revenue in USD Million and CAGR from 2022 to 2032 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
Segments Covered | Paper Weight, Product Type, Application, End Use, Region |
Countries Covered | North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan, Middle East and Africa |
Key Companies Profiled | Fabrika Hartije Beograd; Aubry Papier; Meyer Verpackungen; APV Germany GmbH; J Hoogstraten; Rossmann; Vrancart; EcoPaper S.A. |
Customization | Available Upon Request |
FMI projects the sales of schrenz paper in the market is expected to rise at 5% to 6% value CAGR by 2032.
The global schrenz paper market is anticipated to be dominated by North America over the forecast period 2022-2032.
Fabrika Hartije Beograd, Aubry Papier, Meyer Verpackungen, APV Germany GmbH, J Hoogstraten, Rossmann, Vrancart, EcoPaper S.A., and others some of the leading players in the global schrenz paper market.
Market Value for 2024 | USD 4.4 billion |
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Market Value for 2034 | USD 6.3 billion |
Market Forecast CAGR for 2024 to 2034 | 3.7% |
Market Value (2023) | USD 4.3 billion |
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Market Value (2033) | USD 6.8 billion |
Market CAGR (2023 to 2033) | 4.8% |
Market Estimated Size (2023E) | USD 16.3 billion |
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Projected Market Valuation (2033F) | USD 26.9 billion |
Value-based CAGR (2023 to 2033) | 5.1% |
Market Value (2023) | USD 15.1 billion |
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Market Expected Value (2033) | USD 17.6 billion |
Market Projected CAGR (2023 to 2033) | 1.6% |
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