Global Coated Paper Market Likely to Touch US$48.21 bn by 2020

Posted on 2018-01-04 by Mark Hub in Chemicals // 0 Comments

Albany, USA, 2018-Jan-04 — /EPR Network/ —Market Research Reports Search Engine (MRRSE) has been serving as an active source to cater intelligent research report to enlighten both readers and investors. This research study titled “Coated Paper Market for Printing, Packaging and Other Applications “

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With properties such as bio-degradability and eco-friendliness, coated paper is highly useful for printing, packaging, business communication, labels, and other applications. Coated paper are also resistant to dirt, offer robustness against wear and tear, and has a glossy or matte finish surface that adds to the presentation. Coated paper are frequently used for newspaper insert, magazines, catalogues, advertising materials, security papers, and converted paper products. Depending on grade, coated papers are available in various price ranges in order to ideally meet the requirements of its targeted customers.

Expanding at a healthy growth rate, the global coated paper market is estimated to reach a valuation of US$48.21 bn by the end of 2020. The demand in the coated paper market is incrementing primarily from industrial packaging, which is a reflection of increasing internet trade. In addition to that, escalating demand for high quality print images for hoardings and other applications, demand for flexible product packaging, and the prosperity of the food and beverage packaging industry are other factors augmenting the demand in the global coated paper market. On the other hand, rising pulp prices due to diminishing pulp plantation and capital and energy intensive manufacturing processes of coated paper are couple of important factors hindering the growth of the market for coated paper.

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Packaging Segment Driven by Food and Beverage Industry

Product-wise, the global coated paper market has been segmented into coated groundwood paper, coated fine paper, and others including polyolefin coated paper, polythene, art paper, labels and releases, and wax paper. Among these, coated fine paper segment currently accounts for the maximum demand, although relatively premium cost is obstructing the widespread adoptability. In addition to that, superior quality uncoated paper has presented a viable alternative for the consumers. Moreover, developments and innovations in coated groundwood paper segment is expected to eat into the demand of coated fine paper segment over the course of next few years. Packaging is the most profitable application category in the coated paper market, gaining significant demand from the food and beverage packaging sector.

Popularity of Home Delivery Augmenting Demand in Asia Pacific

Vastly populated region of Asia Pacific currently serves the maximum demand in the global coated paper market, gaining substantial demand from emerging economies of India and China wherein printing and packaging applications are touching new peaks. The escalated demand from Asia Pacific region can also be attributed to easy availability of raw materials required for coated paper and prosperity of several industries owning to last consumer base. Additionally, popularity of home delivery system as well as growing advertisement investment in emerging nations is expected to further fuel the demand for coated paper in Asia Pacific. North America and Europe are other two lucrative regions for the vendors in the global coated paper market.

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Asia Pulp & Paper Co. Limited, Stora Enso Oyj, Oji Holdings Corporation, Nippon Paper Industries Co., Ltd., NewPage Corporation, Sappi Limited, Burgo Group S.p.A., Stora Enso Oyj, UPM-Kymmene Corp, Nippon, Resolute, Verso Corporation, Lecta Deutschland GmbH, Dunn Company, and Boise Inc. and Arjowiggins SAS are some of the leading companies currently operational in the global coated paper market. The nature of this market is largely fragmented with investment for research and development of advanced products and acquisition of smaller players helping market leaders to gain share over their competitors.

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