The Paper Manufacturing Market in Turkey is being driven by Rising demand for paper packaging in food and beverage industry
The Paper Manufacturing Market in Turkey is expected to grow at a CAGR of 2.1% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 404.7 million. In the Turkish paper manufacturing market, a significant trend emerges as vendors focus on producing high-performance, lightweight paper grades for packaging food, beverages, and consumer goods. This shift towards lighter materials aims to decrease transportation costs, enhance efficiency, and ensure regulatory compliance. By utilizing lightweight paper, manufacturers can reduce their production expenses and facilitate easier transportation of packaging products. Furthermore, the adoption of lightweight paper significantly lessens the environmental impact of the manufacturing process, as it lowers the carbon footprint throughout production. Notably, the food and beverage sector is witnessing an escalating trend in the development of lightweight packaging materials.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
168 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 2.1% |
Market growth 2025-2029 |
USD 404.7 million |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
2.1 |
Key countries |
Turkey |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Turkish paper manufacturing industry encompasses various types of pulp, including wood pulp, recycled pulp, and non-wood pulp, which are used to produce paperboard, tissue paper, and specialty papers for sectors like personal care, print media, and packaging. Sources of pulp include wood, fiber crops, waste paper, rags, and alternative materials like wheat straw, bamboo, and rice husk. Paper applications range from rolls for printing and writing, to eco-friendly solutions for retail packaging and smartphone casings, and sustainable alternatives to plastic packaging.
The paper manufacturing market in Turkey falls under the broader global paper products industry, encompassing businesses engaged in the production of various paper grades. This market excludes entities specializing in paper packaging. According to Technavio's market analysis, the expansion of the global paper products market can be attributed to several key drivers. One significant factor is the rising demand for printing paper from publishers and book printers. With the increasing popularity of e-commerce platforms, publishers and authors have access to a wider clientele, enabling them to cater to an expanded customer base beyond large corporations to an increased number of small and individual customers. This trend is fueling growth in the printing paper segment.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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