Market Synopsis of Global Coated Paper Market
Commenting on the report, an analyst from Market Research Future (MRFR)’s team said: the market for coated paper is increasing considerably owing to growing applications like packaging, printing and labelling. Due to its characteristic property like resistance to wear and tear, enhanced lifespan and resistance to dirt are leading to usage of products in advertising materials like pamphlets, newspaper inserts and converted paper products, catalogs and magazines.
Global media ad is also spending its contribution towards rising demand for glossy print ads, brochures and other printed marketing materials. The coated paper is highly used in photo books and art books due to high quality print material compared to conventional paper. Thus, expanding imaging product industries is expected to boost the coated paper market growth in coming years.
Growing demand of paper packed product as ready to eat foods without harmful side effects of plastics are expected to drive the global coated paper market in the forecasted period. In retail segment, increasing e-commerce and online trading with demand for door step delivery is driving the global coated paper market in packaging. Replacement of polymer based packing with bio degradable paper based packing in several products like cigarettes, medicals products, consumer products will impact positively on the coated paper based market in next few years.
Global Coated Paper Market is expected to grow at 4.3% CAGR during 2016-2022
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Key Players
Renewable and degradable flexible paper packaging mostly used in food and other industry goods are expected to present several opportunities to market players.
Key players in this segment are
- Stora Enso Oyj,
- Nippon,
- Sappi Ltd,
- UPM-Kymmene Corp,
- Arjowiggins SAS,
- Asia Pulp & Paper Co. Limited,
- Verso Corporation,
- Imerys S.A.,
- Penford Corporation,
- Burgo Group S.p.A.
- others.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Global coated paper market is segmented into raw material, product types and applications.
By raw materials: Ground calcium carbonate (GCC), Precipitated calcium carbonate (PCC), Kaolin clay and others.
By product types: Standard coated fine, coated fine, Coated groundwood, Low coat weight.
By Applications: Packaging, Printing and Labelling.
The market is classified and analyzed on the basis of various segments including geographies, which consist of; Americas, Europe, Asia-Pacific, and Middle East and Africa Out of all, Asia-Pacific accounts for the largest share in the market. Countries like China, India accounts for high growth potential due to growing paper and pulp industries, economic development and easy availability of raw materials and labor. North America and Europe showed a relatively steady growth due to rules and regulations of government regarding cutting down of woods and causing global warming.
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Coated fine paper is emerged as largest market segment compared to others as it is widely used in high content writing and calendaring. Standard coated fine paper and low coat weight paper is used in art papers and other advertising materials
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