The global waxed paper market size was significantly robust in 2021 and is expected to register a rapid revenue CAGR over the forecast period. Market revenue growth is primarily driven by waxed paper due to diversification in the food industry, increasing exports of processed Foods & Beverages (F&B) and growth of automotive and electrical industries owing to varied properties in packaging.
Waxed paper, also known as paraffin paper, is a water, oil, and grease resistant paper made usually by addition of a coating of wax. Conventionally, wax applied is paraffin or a petroleum based component but in recent times various natural alternatives to paraffin are being introduced in the specified market. Wax application is usually done to enhance properties of paper, cardboard, and corrugated paperboard and extend scope of their use.
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Waxed Paper Market Segmentation:
Product Type (Revenue, USD Billion; 2019-2030)
Application Outlook (Revenue, USD Billion; 2019-2030)
Key Regional Markets Covered in the Report:
Top Companies Profiled in the Report:
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