Global oiled & waxed Paper market: Introduction
Oiled & waxed paper are made moisture proof using applications of oil and wax coatings. The requirement of oiling and waxing paper in order to make it translucent or moisture proof goes back to ancient times. These oiled & waxed papers are used to keep away moisture from paper, to wrap various kinds of products which are needed to be kept moisture free. In the past, oiled & waxed paper were used for photographic negatives. Even today, oiled & waxed paper market is flourishing. Oiled & waxed paper is frequently used for cooking purposes due to its non-stick properties. Waxed paper is produced by putting paper through super calendaring, after these, a layer of paraffin wax is added to the paper.
Various food and confectionary industries use oiled & waxed paper for wrapping up of cookies and other products as it keeps moisture either out or in. Oiled & waxed paper are most commonly used for arts and craft as well as in sewing, for tracing purposes. Oiled & waxed paper is also useful in household applications. Oiled & waxed paper are very useful to wrap products which becomes soft and unhygienic if left open to air, such as chips, cookies etc. Oiled & waxed paper is an ideal choice for wrapping of products due to its retention properties. Hence, it is anticipated that the global oiled & waxed paper market will witness high preference over the forecast period.
Global oiled & waxed Paper market: Dynamics
Oiled & waxed paper has particularly high dielectric strength which makes it electric insulator. It is commonly used as coil winding separators, and also provides resilience against potential difference up to some volts. These features enable wide usage of oiled & waxed paper in the electrical and consumer electronics industry, which is currently witnessing growth. Increased adoption of oiled & waxed paper in electrical appliances is expected to increase growth of the global oiled & waxed paper market. Turntablists place one or more sheet of wax paper under their records to increase record slip to produce different sound effects. This application in music industry will boost the oiled & waxed paper market growth.
Another factor which might increase the penetration of oiled & waxed paper is that it is used as a light diffuser and hence is used by the photographers, for effective photography. Oiled & waxed paper is widely used in the arts and craft industry, generally for sewing purpose. It will give pace to global oiled & waxed paper market. One of the factors which might reduce growth of the global oiled & waxed paper market is that it cannot be recycled, and additives such as petroleum makes them non-biodegradable, which might affect the environment. Various alternatives of global oiled & waxed paper are available in the market, such as foils, which might hamper growth of the global oiled & waxed paper market.
Global oiled & waxed Paper market: Segmentation
Global oiled & waxed paper market can be segmented as follows:
On the basis of coating used, the global oiled & waxed paper market has been segmented as:
- Paraffin wax
- Layer of soybeans
On the basis of application, the global oiled & waxed paper market has been segmented as:
- Foods & confectionary
- Electric Insulator
- Arts and craft
- Wrapping carcasses
- Industrial applications
On the basis of end use industries, the global oiled & waxed paper market has been segmented as:
- Food Industry
- Electrical and electronics industry
Global oiled & waxed Paper market: Regional Outlook
Based on regions, the global oiled & waxed paper market is divided into seven regions:
- North America
- Western Europe
- Asia-pacific excluding Japan
- Eastern Europe
- Latin America
- Middle East & Africa
Overall, the global oiled & waxed paper market is expected to witness moderate growth. APEJ is expected to drive the global oiled & waxed paper market growth as India and China are empowering the manufacturing industries. The North America and Western Europe oiled & waxed paper market is expected to register moderate growth due to different options available to them. Rest of the world is expected to witness healthy growth in the global oiled & waxed paper market.
Global oiled & waxed Paper market: Key Players
Few of the key market players in the global oiled & waxed paper market are - International Paper Company, Grantham Manufacturing Ltd., Papertec, Inc., Nichols Paper Co., Inc., Griff Paper & Film, Sierra Coating Technologies, LLC., BPM Inc.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.