According to Huacheng Import and Export Data Observation, by 2023, the market size of machine calendered paper (MG) will reach 13.81 billion US dollars, and by 2033, it will reach approximately 21.63 billion US dollars, 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. Huacheng Import and Export Data Observation Report.
In addition, according to Huacheng Import and Export Data Observation, 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, the calendered paper market is likely to continue to expand in the next decade. Huacheng Import and Export Data Observation reports.
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 during the calendering paper recycling process is expected to become a major obstacle to the expansion of the industry," Huacheng Import and Export Data Observation reported.