The parchment paper market is expanding because industries need eco-friendly heat-resisting greaseproof packaging solutions specifically for food delivery and baking along with packaging requirements. The manufacture of parchment paper from cellulose materials produces sustainable packaging that matches worldwide sustainability targets and new regulations promoting biodegradable materials. The parchment paper market is growing because customers want chemical-free packaging materials and there is increased demand for ready-to-eat convenience foods and food services are expanding. Market growth receives additional support from modern manufacturing techniques alongside paper products that become both recyclable and capable of decomposition.
The parchment paper market is set to show a growth rate of about 5.6%. Increased use of parchment paper in commercial kitchens, bakeries, and restaurants for food preparation, packaging, and storage is driving market growth. Also, increasing R&D, investment, product advancements, and collaborations in this industry drive the Parchment Paper market. For instance, in July 2022, Nordic Paper created a new natural greaseproof paper for the food industry without the presence of fluorochemicals in it. The company has achieved a breakthrough in attaining natural barrier properties in its newly developed paper product without the addition of fluorochemicals. Developments like these are helpful for the company to attract a larger customer base by offering more sustainable options to packaging manufacturers.
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