VEGETABLE PARCHMENT PAPER MARKET ANALYSIS

Market News

Key Developments

• Key players are strategically investing in new product development activities and product launches, in order to expand their presence globally. For instance, in 2017, Reynolds Consumer Products Inc. expanded its product line of high quality kitchen products with the new innovation for consumer attraction to develop vegetable parchment paper. Company launched Reynolds KITCHENS Parchment Paper with SmartGrid, Reynolds KITCHENS Wax Paper Sandwich Bags and Reynolds KITCHENS Small Size Slow Cooker Liners. These new products are designed to cook meals faster, better, and easier.
• In November 2018, Ahlstrom-Munksjö inaugurated new production capacity in Saint Severin, France to meet demand of Genuine Vegetable Parchment products such as baking papers, cooking papers and food packaging. The company invested US$ 7.4 million for construction of this new facility to meet the growing demand of vegetable parchment paper.