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Coated Paper Market Size 2019 Global Trends, Statistics, Share, Regional Analysis

Author : Ronak Bora | Published Date : 2019-06-06 

According to Global Market Insights, Inc., “Coated Paper Market size was worth USD 39.6 billion in 2015, and is anticipated to surpass USD 57 billion by 2024.” The upcoming urban trend of online product delivery is one of the most prominent factors stimulating global Coated Paper Market. With the increasing proliferation of the Internet and the changing consumer preferences toward home delivery system, coated paper industry is all set to witness a remarkable upswing.

Coated paper encompasses myriad textures and designs and is widely used in the packaging industry, especially for retail packaging. This is evident from the rise in online sales over the last few years across the U.S. and the European sub-continent. With the penetration of more number of e-commerce companies into the market, especially across the APAC countries and the increasing retailer focus toward online sales, global coated paper industry is set to grow exponentially over the next few years.

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Coated fine paper is a product of coated paper market that find extensive applications for offset printing. With worldwide media ad expenditure having surpassed USD 600 million in 2015, the demand for glossy, high quality paper for magazines and advertisement purposes (brochures, flyers, and pamphlets) has gone up several notches higher. Increasing product demand for offset printing applications such as annual reports and advertising material will spur coated fine paper market size, which dominated the overall product landscape in 2015, having registered a revenue of more than USD 20 billion.

While both the coated paper products find ample applications in printing, the fact remains that the overall printing market has registered a mild collapse owing to the increasing popularity of digital media. Newspapers, magazines, books, and even advertising apparel have been popularized via online platforms. On these grounds, coated paper industry from printing applications will grow at a slightly slower pace despite having registered a value of more than USD 18 billion in in 2015.

Global coated paper market size is forecast to be worth more than USD 57 billion by the end of 2024.Fine products, with over 50% of the overall revenue will continue to have strong consumption. These find exclusive applications in offset printing which is accountable for over one-third of all the printed materials.

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Based on application, the coated paper market is led by the packaging industry which accounted for over 48% of the overall share in 2015. Printing industry will lose its share owing to the increasing digitalization and popularization of e-books and online magazines and newspapers.

Speaking of players, top five companies operating in global coated paper market account for more than 40% of the overall share. This industry is highly fragmented and is forecast to become intensely competitive, with major companies as well as local manufacturers investing in the industry to expand their regional presence. Major industry participants include Asia Pulp & Paper Co. Ltd., Arjo Wiggins, Burgo Group SPA, Sappi Ltd., Oji Holdings Corporation, Dunn Company, NewPage Corporation, Lecta Deutschland GmbH, Stora Enso Oyj, UPM-Kymmene Corp., Verso Corporation, Nippon, Resolute, and Boise Inc.

Browse key industry insights spread across 120 pages with 140 market data tables & 15 figures & charts from the report, “Coated Paper Market” in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/coated-paper-market

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

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