Transparency Market Research
Bakery paper also known as parchment paper / grease proof paper has large number of applications in the baked food & confectionary industry. Bakery paper basically provides a non-stick surface to bake on which displays superior heat-resistant that is used in baking / cooking of food & numerous other confectionary products. These high density non-stick bakery papers are usually used to bake cookies, muffins, cakes & other bakery products in the conventional or microwave oven. The use of bakery paper in the microwave oven makes the baked product safe up to 420 degrees Fahrenheit. The global bakery paper market is primarily driven by the demand of bakery products such as cookies, bread, pastries, and muffins, rolls, pies, etc. usually prepared from flour derived from some form of grains. In the current market scenario, the demand for bakery products from cafés & restaurants is higher as compared to traditional home-made bakery products, thus signifying a huge demand for bakery paper across the global market.
Global Bakery Paper Market Dynamics
Rising consumption levels of bakery paper & allied products such as cups, bowls, trays, etc. from bakery stores and cafés has largely driven the global bakery paper market during the forecast period. Moreover, increased consumer inclination towards packaging products that add towards easy cooking and clean-up during the baking process has provided auxiliary growth in the global bakery paper market.Improving lifestyle coupled with better economic prospects in developed economies has pushed the customer spending on discretionary goods.
These above-mentioned factors are expected to drive the global bakery papers market over the forecast period.
Global Bakery Paper Market Segmentation
The global bakery papers market can be segmented on the basis of paper grades, product type, its applications and end users.
The global bakery paper market can be segmented on the basis of paper grade as
The global bakery paper market can be segmented on the basis of product type as:
The global bakery paper market can be segmented on the basis of applications of bakery paper as:
The global bakery paper market can be segmented on the basis of end users of bakery paper as:
Global Bakery Paper Market Regional Outlook
The regional demand of bakery paper is characterized by regional bakery & confectionary production and it’s demand in the regional markets. Most of the developed economies in the Europe as well as in North America account for a large bakery & confectionary production volume, signifying great demand of bakery paper across the global market. Also, these economies are skilled enough to adapt newer designs & patterns swiftly owing to high rate of upgradation in the bakery packaging industry.
However, the Asia Pacific region is expected to emerge as the most lucrative market for bakery & confectionary products which in terms are further expected to drive the demand for bakery paper in APAC region over the forecast period. The Middle East & Africa region also offer untapped growth potential for substantial number of bakery products manufacturers thus driving the demand for bakery paper in the regional markets.
Conversely, the bakery products manufacturing in Latin America has observed a slight dip in the last five years, leading to stagnant market demand for bakery paper in the region.
Global Bakery Paper Market Key Players
Some of the key players that currently operate in the global bakery paper market are
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