Press release
Coated Paper Market Analysis, Top Key Players| Penford Corporation, Nippon, Sappi Ltd., UPM-Kymmene Corp, Stora Enso Oyj, Arjowiggins SAS and Asia Pulp & Paper Co. Limited
Market Overview:Paper is an all pervasive medium that has a wide range of applications. Coated paper has gained significant traction due to its properties such as dirt resistance, reduced wear and tear and the flexibilty to tailor the product to specifications. The product has applications primarily in packaging, printing, and labelling. The global coated paper market is projected to grow significantly during the forecast period. Government bans on plastic, and a growing preference for biodegradable packaging options are some key motivators for growth.
Market Research Future (MRFR) has published a detailed report about the global coated paper market. It offers various insights and a comprehensive understanding of the market and the trends and threats that are expected to affect growth. MRFR has predicted market value of USD 51.5 billion by 2022 and CAGR of 4.3% during 2016 to 2022.
There has been a strong adoption of coated papers that is expected to continue due to the amount of customisation that medium offers. A variety of options in textures, quality and other properties allow the medium to be used across varying industries. Coated paper is witness a huge demand for flexible packaging, specifically in the food and beverage sector. Another factor that is expected to influence growth is the widespread demand for print images of high quality.
However, the difficulty associated with recycling of coated paper, and the gradual shift to low cost non-coated paper in some end user industries are expected to restrain the market during the forecast period.
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Key Players:
MRFR's analysis of the competitive landscape of the coated paper market reveals market strategies used by major market players. Key players included in the report are Penford Corporation, Nippon, Sappi Ltd., UPM-Kymmene Corp, Stora Enso Oyj, Arjowiggins SAS, Asia Pulp & Paper Co. Limited, Verso Corporation, Burgo Group S.P.A., Imerys S.A., and others.
Regional Analysis:
The Asia Pacific holds the most prominent market. The abundance of raw material and the presence of key market players have made this region a coated paper market leader. Emerging economies such as China and India are propelling huge demand for coated paper due to the growing adoption of modern packaging and printing material.
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Europe, with its inclusion of eminent market players and burgeoning growth in the use of natural, biodegradable paper specifically in food & beverages and consumer goods.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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