Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 22.40 Billion | USD 33.01 Billion | 4.4% | 2023 |
Zion Market Research has published a report on the global Coated Paper Market, estimating its value at USD 22.40 Billion in 2023, with projections indicating that it will reach USD 33.01 Billion by 2032. The market is expected to expand at a compound annual growth rate (CAGR) of 4.4% over the forecast period 2024-2032.
The report explores the factors fueling market growth, the hitches that could hamper this expansion, and the opportunities that may arise in the Coated Paper industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
When a paper is coated with a polymer or compound in order to provide some qualities to the paper such as weight, condensed ink absorbency, surface gloss, or smoothness, such type of paper is known as coated paper. Several materials can be adapted for coating paper such as calcium kaolinite, talc, carbonate, and bentonite for the high-quality printing that is used in magazines and the packaging industry.
The primary factor that is augmenting the market growth is the mounting popularity of e-commerce and home delivery systems. The adoption of coated papers is elevating owing to its variety of textures and finishing quality thus providing different options for packaging. Moreover, the escalating demand for flexible packaging in the industries such as food and beverage works as a boost to the market. The rising awareness about the harmful effects of plastic packaging on food products creates an increased demand for bio-based and degradable packaging materials.
The growing demand for high-quality print images also favors market growth. The reduction in the supply of raw materials adversely affects the growth of the global coated paper market. The declining pulp plantation worldwide leads to the shutdown of several pulp manufacturing companies. Furthermore, the strong workforce requirement coupled with high capital and resource requirements for the production of coated papers is restraining the growth of the market.
The global coated paper market is segmented into its coating material, type, and application.
On the basis of coating materials, the market is segregated into kaolin clay, precipitated calcium carbonate, talc, wax, grounded calcium carbonate, SB latex, starch, titanium dioxide, and others.
Based on the type, the market is categorized into standard coated fine paper, low coat weight papers, coated fine paper, coated groundwood paper, art papers, and others.
On the basis of application, the market is divided into packaging, labels, printing, business communication, and others.
Report Attributes | Report Details |
---|---|
Report Name | Coated Paper Market |
Market Size in 2023 | USD 22.40 Billion |
Market Forecast in 2032 | USD 33.01 Billion |
Growth Rate | CAGR of 4.4% |
Number of Pages | 110 |
Key Companies Covered | NewPage Corporation, Asia Pulp & Paper Co. Ltd., Lecta Deutschland GmbH., Dunn Company, Sappi Ltd., Nippon, UPM-Kymmene Corp., and Oji Holdings Corporation |
Segments Covered | By Coating Material, By Type, By Application And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The Asia Pacific anticipates being a key revenue contributor thus leading the coated paper market. The flourishing e-commerce sector, particularly in emerging economies such as India and China stimulates the demand for coated paper in the region. The increasing importance of advertisement and marketing strategies and the rising popularity of home delivery systems propels the growth of the market in this region. The prosperous growth of the printing and packaging sectors is the other factor that supplements the growth of the market in the region. Europe and the North American region expect to witness slow growth owing to the existence of a strict regulatory environment and the growing penetration of electronic media. The growth of the coated paper market in the Middle East and Africa can be attributed to the rising demand from the printing and packaging industries.
Some of the key market players that are involved in the coated paper market include
Global Coated Paper Market: Coating material Segment Analysis
Global Coated Paper Market: Type Segment Analysis
Global Coated Paper Market: Application Segment Analysis
Global Coated Paper Market: Regional Segment Analysis
FrequentlyAsked Questions
A form of paper that has been treated with a layer or coating of materials, such as clay, calcium carbonate, or polymers, to enhance its surface properties is known as coated paper. The coating not only improves the paper's hold on ink, but also enhances its smoothness, brightness, and sheen, resulting in more vibrant and sharper printed images.
The demand for coated paper is driven by the demand for high-quality printed materials in sectors such as fashion, advertising, and corporate communications. This paper provides superior printability, vibrant colors, and precise images.
Zion Market Research has published a report on the global Coated Paper Market, estimating its value at USD 22.40 Billion in 2023, with projections indicating that it will reach USD 33.01 Billion by 2032.
Zion Market Research has published a report on the global Coated Paper Market is expected to expand at a compound annual growth rate (CAGR) of 4.4% over the forecast period 2024-2032
The Asia Pacific anticipates being a key revenue contributor thus leading the coated paper market. The flourishing e-commerce sector, particularly in emerging economies such as India and China stimulates the demand for coated paper in the region.
Some of the key market players that are involved in the coated paper market include NewPage Corporation, Asia Pulp & Paper Co. Ltd., Lecta Deutschland GmbH., Dunn Company, Sappi Ltd., Nippon, UPM-Kymmene Corp., and Oji Holdings Corporation.
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