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Coated Paper Market Size is predicted to see lucrative gains over 2019-2024

Author : Ronak Bora | Published Date : 2019-08-07 

Coated paper market growth will be restrained by decreasing global pulp plantation, resulting in the closure of several pulp manufacturing industries. Shortage of raw materials which comprises of forest woods along with a huge amount of water and energy is shifting the focus on development of non-wood substitutes. Paper and pulp industry is very capital intensive owing to the huge investments in land, resources, raw materials, and labor forces; and this factor may negatively impact the growth of the coated paper market size in the next few years.

Growing demand for flexible F&B packaging for increasing shelf life is also expected to drive the global coated paper market in the forecast period. Replacement of polymer-based food packaging systems with paper-based systems owing to the harmful side-effects of plastic will fuel product growth. Usage of coated paper packaging for cigarettes, industrial goods, medical products, and several other consumer goods may have a positive impact on the market in the next few years. Food and beverages account to more than half of the flexible packaging market and increasing demand of packaged food may steer coated paper market growth.

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Strong quality requirements for magazines, brochures, annual reports, cards, and other products for advertisement purpose such as pamphlets and cards is also believed to influence coated paper market products’ growth. Global media expenditure was estimated to be more than USD 600 billion in 2015 and with increasing commercialization, this market will witness a steady growth. Aesthetic features of coated papers depending on the reader segments will positively effect the global market in the forecast timespan.

The rising popularity of the internet and the subsequent increase in home delivery system is also expected to stimulate coated paper industry. With coated paper being available in various textures, coated paper market products find extensive applications across the packaging sector. UK online trade was almost 10% of the overall UK retail sales in 2015. Online sales recorded more than 4% of the overall sales in the United States in 2015. These statistics provide ample evidence that retail packaging is slated to be one of the most promising end-user segments of coated paper market by the end of 2024.

Global media advertisement expenditure was worth USD 600 billion in 2015 and is projected to rise extensively over the next few years, pertaining to the increased product commercialization. Print ads are expected to have a high-quality finish – be it glossy, matt, dull, satin, or silk. The increasing demand for excellent quality ads will spur coated paper market from printing applications.

Coated paper market from printing applications was valued over USD 18 billion in 2015. With the advent of digital media, the demand for printing ads has gone down a great deal, owing to which coated paper industry from printed applications will witness a sluggish growth rate over 2016-2024.

Europe held more than 35% of the global coated paper industry share in 2015, with a valuation of USD 14 million, and will experience a modest growth rate over the next few years. This expansion can be credited to the stringent regulations mandated by REACH, regarding the usage of harmful plastics for packaging.

APAC coated paper market is projected to be the region exhibiting the highest growth rate of 6% over 2016-2024, subject to the rise in home delivery demand and the surging online trade in the region. The increased spending on advertising and rising commercialization of various products will spur APAC coated paper industry, slated to generate a revenue of USD 20 billion by 2024.

Key participants partaking in this market include Arjowiggins SAS, Nippon, Oji Holdings Corporation, Stora Enso Oyj, Burgo Group S.p.A., Verso Corporation, UPM-Kymmene Corp., Sappi Ltd., Lecta Deutschland GmbH, Asia Pulp & Paper Co. Ltd, Resolute, NewPage Corporation, Dunn Company, and Boise Inc.

Glimpse of Table of Content (ToC)

Chapter 4    Coated Paper Product Insights

4.1    Coated paper market share by product, 2015 & 2024

4.2    Coated fine paper

4.2.1     Global market estimates and forecast, 2013 - 2024

4.2.2     Global market estimates and forecast, by region, 2013 - 2024

4.3    Coated groundwood paper

4.3.1     Global market estimates and forecast, 2013 - 2024

4.3.2     Global market estimates and forecast, by region, 2013 – 2024

4.4    Others

4.4.1     Global market estimates and forecast, 2013 - 2024

4.4.2     Global market estimates and forecast, by region, 2013 – 2024

Chapter 5    Coated Paper Application Insights

5.1    Coated paper market share by application, 2015 & 2024

5.2    Printing

5.2.1     Global market estimates and forecast, 2013 - 2024

5.2.2     Global market estimates and forecast, by region, 2013 - 2024

5.3    Packaging

5.3.1     Global market estimates and forecast, 2013 - 2024

5.3.2     Global market estimates and forecast, by region, 2013 – 2024

5.4    Others

5.4.1     Global market estimates and forecast, 2013 - 2024

5.4.2     Global market estimates and forecast, by region, 2013 – 2024

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/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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