Coated Paper Market Share by Manufacturers, Types and Current Scenario 2022-2025
The Coated Paper Market report provides a detailed evaluation of the industry by highlighting information on different aspects which include drivers, restraints, growth opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing. It also provides a detailed analysis of global market size, regional and country-level market size, competitive landscape, impact of domestic market players and value chain optimization. Furthermore, it sheds light on the market contribution, recent developments and successful marketing strategies of leading companies.
Market Insights
The global coated paper market is projected to touch USD 34.7 billion by 2025, according to a new report by Million Insights. The market is anticipated to grow at a CAGR of 3.5% from 2019 to 2025. Increasing demand from e-commerce industry for packaging & labeling is driving the market growth. The rapidly growing e-commerce industry is the major driver of this market.
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Effective packaging
& labelling plays an important role in overall product appeal among
consumers. It adds a professional touch to publications and magazines. Further,
benefits such as the requirement of less ink and dust resistant properties make
coated papers a popular choice among various industries.
Other applications of
coated papers such as invitation papers and decoration materials offer a
lucrative opportunity for manufacturers. However, rapidly growing deforestation
and adverse impact on the environment are hindering the market growth.
Nevertheless, growing emphasizing by manufactures to introduce environment
friendly coated papers bode well for the growth of the coated paper market.
Among different
applications, packaging & labeling segment was the largest market and it is
anticipated to grow at a CAGR of 3.6% over the forecast period. Introduction of
new products is likely to supplement market growth. Nippon Paper Industries
Co., Ltd, in 2017, introduced an innovative coated paper named b7 LIGHT. This
product is natural in color and has soft pages due to low material density.
Using the same material, Nestle, in March 2019, introduced a new paper for
plastic-free packaging named Nesquik for the European market.
Printing segment
accounted for 32.1% of the market share, in 2018 due to its wide applications
across various industries. However, rapidly increasing digitalization is
impeding market growth. Though, consistence use of papers in various government
documents, cheque books and security papers is likely to ensure steady growth
from 2019 to 2025.
Asia Pacific is
anticipated to grow at a CAGR of 3.7% during the forecast period on account of
growing demand from countries such as India and China. Continuously rising
e-commerce platforms is likely to supplement to the market growth during
forecast period.
Top Players
Insights covered in these report
·
New Page Corporation
·
Penford Corporation
·
Stora Enso Oyj
·
Oji Holdings Corporation
·
Nippon Paper Industries Co
·
Michelman and many others
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Market Report with TOC @ https://www.millioninsights.com/industry-reports/global-coated-paper-market
Coated Paper Regional Outlook (Volume, Million Tons; Revenue, USD Billion,
2015 - 2025)
• North America
• U.S.
• Europe
• Germany
• U.K
• Asia Pacific
• India
• China
• Central & South America
• Brazil
• Middle East & Africa
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