July 08, 2022
According to the research report titled ‘Global SCK Paper Market Size study, by Application (Labelling, Food Packaging, Art & Craft, Printing), by Weight (<40 gsm, 40 gsm - 80 gsm, 80 gsm - 120 gsm, >120 gsm), by Sales Channel (Supermarkets/Hypermarkets, Specialty/Departmental Stores, Online, Distributors) and Regional Forecasts 2022-2028’, available with MarketStudyReport, global SCK paper market is anticipated to expand at a health CAGR during 2022-2028.
Report findings suggest that global SCK paper market growth is attributed to flourishing food & beverages sector, and growing product usage & demand from packaging industries.
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For the unversed, SCK Paper is created using the pressing and drying procedure, then supercalendering is done to give the surface a smooth and glossy appearance.
Strict government environmental restrictions, increasing popularity in art & craft, and the expansion of the construction & infrastructure sector are expected to bolster industry outlook in the coming years. However, risk of substitutes may hamper market trends during the analysis timeframe.
Based on application ambit, the industry is divided into printing, art & craft, food packaging, and labelling. In terms of weight, worldwide SCK paper market is branched into >120 gsm, 80 gsm to 120 gsm, 40 gsm to 80 gsm, and <40 gsm. On the basis of sales channel, the marketplace is segregated into distributors, online, specialty/departmental stores, and supermarkets/hypermarkets.
Regionally, Europe industry accounts for a major revenue share at present and is slated to expand decently over the analysis timeframe, owing to growing use of SCK paper for food packaging, increasing disposable income, and soaring popularity for fast food in the region.
Whereas North America market is poised to expand over the forecast duration, on the back of increasing use of e-commerce platforms, government inclination towards adoption of environment friendly products, growing demand for craft material, and rising R&D activities.
On the competitive side, Preksha Papers, UPM-Kymmene Oyj, Technicote Inc., Fox River Associates LLC, Karani Papers, Cheever Specialty Paper & Film, Stora Enso Oyj, Ahlstrom-Munksjö Oyj, Laufenberg GmbH, and Kruger Inc. are the leading players in global SCK paper market.