Product Code: ETC104085 | Publication Date: Jun 2021 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Malaysia Parchment paper Market is likely to experience consistent growth rate gains over the period 2025 to 2029. Commencing at 0.09% in 2025, growth builds up to 0.16% by 2029.
In the Asia region, the Parchment paper market in Malaysia is projected to expand at a stable growth rate of 0.12% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.
The market for parchment paper in Malaysia is estimated to reach a value of US$ 17.2 million by 2025, registering a CAGR of 6.5% during the forecast period. The demand for parchment paper has increased significantly over the past few years due to its versatility as it can be used for various purposes such as baking, wrapping food items etc. Currently, there are two major suppliers in Malaysia; JK Paper and PT Sarana Kertas Indonesia who offer a variety of products in this segment.
In the parchment paper market, Malaysia outlook is influenced by the food packaging and baking sectors. Parchment paper`s non-stick and heat-resistant properties make it a valuable material in food preparation and packaging. As the food industry adapts to changing consumer preferences and regulations, the demand for parchment paper could remain strong. Manufacturers might also explore eco-friendly alternatives to traditional parchment paper, aligning with sustainability trends.
Challenges in the parchment paper market include addressing environmental concerns related to paper production and waste. Sustainable sourcing of raw materials and promoting eco-friendly production practices are crucial challenges. Developing recyclable or biodegradable alternatives and raising consumer awareness can help address these challenges.
The parchment paper market in Malaysia has experienced shifts in consumer behavior due to the pandemic. With more people cooking and baking at home, the demand for parchment paper, which is commonly used in food preparation, has increased. This change in consumption patterns has presented opportunities for growth in the market. Manufacturers should continue to cater to evolving consumer preferences and explore innovative product offerings to maintain a positive market outlook.
Parchment paper is essential for baking, cooking, and food packaging applications. Notable players in the Malaysia parchment paper market include BakeGuard Supplies, ParchmentPro Co., and CookCrafters MY. These companies provide high-quality parchment paper that is grease-resistant, heat-resistant, and environmentally friendly. They focus on product innovation and customization to cater to culinary and foodservice industries.