The coated paper global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Coated Paper Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The coated paper market size has grown steadily in recent years. It will grow from <b>$42.45 billion in 2023 to $44.54 billion in 2024 at a compound annual growth rate (CAGR) of 4.9%. </b> The growth in the historic period can be attributed to printing industry growth, packaging requirements, consumer preferences for quality, advertising and marketing needs, environmental concerns and regulations.
The coated paper market size is expected to see steady growth in the next few years. It will grow to <b>$54.04 billion in 2028 at a compound annual growth rate (CAGR) of 5.0%. </b> The growth in the forecast period can be attributed to sustainability and eco-friendly solutions, rise in publishing sector, consumer demand for aesthetics, brand differentiation and marketing strategies, global expansion and industrial growth. Major trends in the forecast period include demand for high-quality print, biodegradability and recyclability, focus on food safety, premium branding, customization and personalization.
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Scope Of Coated Paper Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Coated Paper Market Overview
Market Drivers –
The increase in e-commerce platforms is expected to propel the coated paper market going forward. An e-commerce platform is a software application that facilitates the commercial buying and selling of products and services over the internet. The growing popularity of smartphones, simple and cost-effective access to technology and the flexibility of purchasing from anywhere have boosted online retail sales, thus increasing the demand for coated paper used in product packaging. These papers have coated or laminated composite material made from paper or paperboard with a plastic layer or treatment on a surface, reducing the probability of goods being damaged. For instance, in August 2022, according to an article published by the US Census Bureau-Department of Commerce, in the second quarter of 2022, retail e-commerce sales in the United States were $257.3 billion, a 2.7 percent (0.7%) increase from the first quarter of 2022. Therefore, an increase in e-commerce platforms will drive the coated paper market.
Market Trends –
Innovative and environmentally friendly packaging is a significant trend in the coated paper market. Major companies in the coated paper sector are focused on developing 100% plastic-free biodegradable barrier coated paper board to meet consumer demand and strengthen their market position. For instance, in March 2021, West Coast Paper Mills Limited, an India-based company engaged in the production of paper and paperboard launched 100% plastic-free biodegradable barrier coated paper board. This paper is completely free of plastic, coated, biodegradable, suitable for food use, odorless, and repulpable. It also has exceptional heat sealability. These products are ideal for a variety of uses, including trays, cups, food containers, and packaging materials because they don’t include polyethylene or other traditional plastics. The growing need for environmentally friendly and sustainable packaging solutions is reflected in these goods and technology. An eco-friendly substitute for traditional plastics, Patels Polypack provides 100% biodegradable and compostable paperboard and paper coated with biodegradable polymers .
The coated paper market covered in this report is segmented –
1) By Type: Coated Fine, Standard Coated Fine, Coated Groundwood
2) By Coating Material: Kaolin Clay, Precipitated Calcium Carbonate, Grounded Calcium Carbonate
3) By Finish: Matte, Gloss, Semi-Gloss
4) By Application: Printing, Packaging and Labeling
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Regional Insights –
North America was the largest region in the coated paper market in 2023. The regions covered in the coated paper market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the coated paper market report are Nippon Paper Industries Co. Ltd., Oji Holdings Corporation, Stora Enso Oyj, Sappi Limited, Asia Pulp and Paper Sinar Mas, UPM-Kymmene Corporation, NewPage Corporation, Arjowiggins SAS, Burgo Group S.p.A., Paradise Packaging Private Limited, JK Paper Limited, Minerals Technologies Incorporated, Shree Krishna Paper Mills & Industries Limited, Emami Paper Mill Limited, Dunn Paper Company, International Paper Company, Smurfit Kappa Group plc, WestRock Company, Mondi plc, Ahlstrom-Munksjö Oyj, Avery Dennison Corporation, 3M Company, Fasson Corporation, Ritrama S.p.A., CCL Industries Inc., Flexcon Company Incorporated, Lintec Corporation, Nissha Printing Co. Ltd., Toppan Printing Co. Ltd., Kimberly-Clark Corporation
Table of Contents
1. Executive Summary
2. Coated Paper Market Characteristics
3. Coated Paper Market Trends And Strategies
4. Coated Paper Market – Macro Economic Scenario
5. Global Coated Paper Market Size and Growth
…
31. Global Coated Paper Market Competitive Benchmarking
32. Global Coated Paper Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Coated Paper Market
34. Coated Paper Market Future Outlook and Potential Analysis
35. Appendix
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