Global Parchment Paper Market to reach USD 1345.03 million by 2027. Global Parchment PaperMarket is valued approximately USD 906.43 million in 2020 and is anticipated to grow with a healthy growth rate of more than 5.8% over the forecast period 2021-2027. Parchment paper, also known as vegetable parchment, is an elemental sulfur laminate that has been coated to enhance non-stick, greasy resistance, and humidity rigidity. It is generally used in bread making as a non-stick, grate resistant surface for grainproofing purposes. Restaurant chains and supermarkets are switching to parchment paper to save time and labor on cleaning equipment. Historically, clamshell products were widely used in the food service sector, but recently, it has been migrating to easily manageable, low weight, long - lasting, safe, and hygienic parchment paper, which is expected to drive future growth. Consumer preference towards spending more in cafes and restaurants, rising number of customer needs for convenience items, and increasing uses of organic parchment paper are some of the primary drivers driving the growth of the parchment paper business. Growing demand is being stifled by mergers and acquisitions. In 2018, Ahlstrom MunksjoOyj. purchased Expera Specialty Tissue in the United States from KPS Capital Partners and MD Papeis' Caieiras facility in Brazil. As a result of this, the business's production capacity grew as they absorbed the food paper and packaging supply chain of the purchased institutions. However, the increasing cost of parchment paper tends to make it difficult for a person to use on a routine basis, and overproduction of the paper may consequence in habitat destruction and tacitly destroy the environment, which together acts as main determinants limiting overall growth and would further challenge the economic expansion of the parchment paper business. Also,in the forecast timeframe of 2021-2027, rising modernization and expanding diversification in the use of veggie parchment paper in a variety of end-user sectors will provide new opportunities for the parchment paper industry.

North America is expected to be the second most important market. According to the research, the United States is predicted to control more than 70% of the North American parchment paper market. In the United States, the enforcement of strict food safety standards is expected to raise demand for hygienic and safe food packaging alternatives such as unbleached parchment paper. China is getting prominence in the APAC area due to its stronghold in industrial and infrastructure development, and the country is expected to account for about 36% of the parchment paper market in East Asia. China is very well for being an early adopter of cutting-edge technology. Industrial costs are significantly lower in the country, as is the supply of good labor.

Major market player included in this report are:
Georgia-Pacific Corp.
KALPATARU Papers LLP
Pudumjee Paper Products
JK Paper
Ahlstrom MunksjoOyj.
Delfort Group AG
METSA Tissue
McNairn Packaging
Awa Paper and Technology Co., Inc.
Cosmoplast

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
ByProduct Type:
Bleached Parchment Paper
Unbleached Parchment Paper
ByBasis Weight:
Less than 40 GSM Parchment Paper
41 to 60 GSMParchment Paper
60 to 80 GSMParchment Paper
By End Use:
Bakery and Confectionary
Ready-to-Eat Meals
Fresh Produce
Others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027

Target Audience of the Global Parchment PaperMarket in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors