India ahead of China in paper market in spite of disposing threats.
The Rs 60,000-crore Indian paper industry achieved this significant growth, fighting odds of both raw material scarcity and competition from cheaper imports.
“China’s paper market has grown only 4.6% per year, while the global paper production in the current year is projected to grow 1-1.5%. In the last 10 years, the domestic demand has almost doubled from around 9 million tonne in FY 2007-08 to over 17 million tonne in 2017-18. At the same time, with a CAGR of 6-7%, India counts on touching about 20 million tonne by FY 2019-20..
In the last seven years, imports of paper and paperboard have risen at a CAGR of 16.11% in value , and 18.15% in volume terms. Imports are growing at a very high rate as compared to the increase in domestic production rate.
With a per capita consumption of paper being only 13-14 kg per annum in India as compared to the global average of 57 kg, not to talk about around 200 kg in developed countries, the opportunity for growth in our country is huge.
Another major boon to India is, setting up of world's biggest paper mill in Ramayapatnam in Andhra Pradesh by Indonesian pulp and paper giant Asia Pulp & Paper Group (APP). This is one of the largest FDIs in a greenfield project in India at Rs 24,500 crore.
The mill will apparently have a capacity of 5 million tonnes per annum. The company has reportedly identified the 2,500-acre site along the coast already. It will produce speciality paper, printing paper, writing paper and packaging paper. The company chose Andhra Pradesh as the land is along the coast which will make import of raw materials and export to big markets, such as China, easier.
To download page: https://www.bonafideresearch.com/download_page.php?product_code=180710511
'India Paper Market Outlook, 2023' published by Bonafide Research, gives a comprehensive analysis on the paper market of India. Since last few years, India is experiencing a major growth in the paper products sales. The continuous improvement of literacy rates, the enhancement of consumers healthy lifestyle, E-commerce, consideration of personal grooming and extended lifespan, plus improvements in conditions and distribution channel development in rural areas, has all created opportunities for expansion of the paper market. Increase in paper, paperboard and packaging materials is due to increased use of electronics, ready to cook meals and pharmaceuticals.
India paper market is calculated to grow with a CAGR of more than 10% in value terms during review period starting from 2011-12 to 2016-17 and the market is anticipated to reach more than Rs. 75,000 crores at the end of forecasted period year 2022-23. Paperboard & industrial packaging paper, paper stationery, newspaper print and speciality paper altogether creates the overall paper market. As paper industry of India are become more competitive by adding improvements of key ports, roads & railways and communication facilities, revision of forest policy is required for wood based paper industry so that plantation can be raised by industry, cooperatives of farmers and state government. In addition, growing Indian economy, the rising disposable income of consumer, higher literacy rate, growth of FMCG market, etc. encourage the use of paper for writing, printing, newspaper, packaging and much more. Among them paper for paperboard and packaging is used in highest ratio of total paper market. The emerging segment of paper is speciality paper which includes paper use in bank, bond, cheque, currency note, paper for security printing, stamp paper, etc. has the wider opportunities of growth in near future.
As aggressive environment changes and rising pollution in the country, make people to shift their preference over paper from plastic for packaging and also the support of government encourage the use of paper. Due to technology advancement, wide availability of eco-friendly paper products available encourages the market growth. Marketers are trying to give more innovative products with high durability shows the future growth of paper market.
Major companies that operate into the paper market in India are ITC Limited, Tamil Nadu Newsprint and Papers Limited (TNPL), J K Paper Limited, Ballarpur Industries Limited, Century Pulp and Paper Limited, The West Coast Paper Mills Limited, International Paper APPM Limited, Seshasayee Paper & Boards Limited (SPB), Emami Paper Mills Limited, N R Agarwal Industries Limited (NRAIL).
For a sample copy: https://www.bonafideresearch.com/samplereport/180710511/India-Paper-Market-Outlook-2023
Covered in the report:
• India Paper Market
• Paper Board & Industrial Packaging Paper
• Newspaper Print Paper
• Speciality Paper
• Paper Stationery
How it will help solving your strategic decision making process??
India Paper Market Size By Value & Forecast
India Paper Board & Industrial Packaging Paper Market Size By Value & Forecast
India Newspaper Print Market Size By Value & Forecast
India Speciality Paper Market Size By Value & Forecast
India Paper Stationery Market Size By Value & Forecast
Market Size Size By Value & Volume & Forecast
India Paper Market Share By Segmental Analysis: By Segment, By Company
Major Players of the Market.
This report can be useful to Industry consultants, manufacturers and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.
Primary Research Data
Primary research interviews of various channel partners
Secondary Research Data
Secondary research database from company annual reports, financial reports and proprietary databases.
Please get in touch with our sales team in order to find out more.
Bonafide Research & Marketing Pvt. Ltd.
Steven Thomas – Sales & Marketing Manager
Keywords: India, Research, Study, Market, Share, Paper, Industry, Board, stationery, speciality, newspaper, bond, cheque, writing, printing, packaging, plastic, ITC, TNPL, J K Paper, Ballarpur Industries, Century Pulp and Paper, The West Coast Paper Mills, International Paper APPM, SPB, Emami Paper Mills, NRAIL.
About Bonafide Research
Bonafide Research is a multi-disciplinary research and consulting company which provides all the data required to solve strategic, business and marketing problems. Bonafide is one of the fastest growing market research and consulting company offering syndicated research, custom research and marketing services. Bonafide Research has not only been working with fortune 500 clients but also served to mid-size companies, small specialists and even start-ups. Our quality of work has ensured repeat business, recognition and recommendations from clients across the world.
T-13/A, INDIABULLS MEGA MALL, NR DINESH MILLS, JETALPUR ROAD, VADODARA-390007, GUJARAT, INDIA
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release India ahead of China in paper market in spite of disposing threats. here
News-ID: 1559014 • Views: 501
More Releases from Bonafide Research & Market Pvt. Ltd.
All the roads lead to a Greener India in 2019 : Bonafide Marketing
Owing to increasing number of Electric Vehicle options made available in India the consumers are opting to go green and save the environment. Electric Vehicles uses a battery to store the electric energy that powers the vehicle. Electric Vehicle (EV) is sometimes referred to as Battery Electric Vehicle (BEV).EV batteries are charged by plugging the vehicle in to an electric power source. Electric Vehicles are typically more expensive than similar conventional
Binge eating disorder by todays millenial of extruded snacks to boost up the rev …
According to Recent Published Report of Bonafide Research "India Extuded Snacks & Chips Market Outlook, 2023" India extuded snacks & chips saw a grow rate of 8.78% from 2012-13 to 2017-18. Furthermore, the India Snacks Market is expected to reach INR 92669 Crore in 2022-23. After 2001, India has seen a massive change in Snack food market. The meaning of snack has been redefined from chips and cookies to beverages, mini-meals
India Spread (Jam, Honey, Butter, Cheese, Choco) Market Outlook, 2023
“As Butter is equivalent to Amul, Chocolate Spread is equivalent to Nutella”: Bonafide Research Italian confectionery giant Ferrero is the other name for chocolate spreads in the country, as it is having a predominating share in the chocolate spread market, primarily due to its popularity on the social media, especially among the elite consumers. Most recently, Nutella has caught the fancy of the urban youth who use it in innovative ways to
Incense sticks (Agarbatti & Dhoop) Market Outlook, 2023
New fragrances and variants have blossomed the India Agarbatti and Dhoop market in the past years. The burning of dhoop and agarbatti in religious and social function has been practiced in India since early times. They are burnt in Indian homes as a room freshener and is reputed to process high aesthetic properties. The Indian agarbatti and dhoop industry exports a large amount of shipments to more than 90 countries of
More Releases for Paper
Global Kraft Paper Market
Global Kraft Paper Market Report provide definitions, classifications, applications and market overview; product specifications; manufacturing processes; cost structures, raw materials and so on. Then it analyzed the world's main region market conditions, including the product price, profit, capacity, production, supply, demand and market growth rate and forecast etc. In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis. This report is by Material,
Pulp & Paper Enzymes Market
APAC pulp & paper enzymes market will witness gains over 6.5% by 2024. Increasing enzymes adoption in manufacturing facilities due to its enhanced benefits will stimulate the regional demand. Easy availability of resources and labor coupled with environment regulations on industrial wastages are driving the industry, as the product reduce pollutants in waste water. Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/1995 Global pulp & paper enzymes industry share
Paper Bags Packaging Market
Global Paper Bags Packaging Market Insights, Forecast To 2025 provides a unique tool for evaluating the Market, highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date Marketing information is essential to monitor performance and make critical decisions for growth and profitability. It provides information on trends and developments, and focuses on Markets and materials, capacities and technologies, and on the
Disposable Paper Cup Market
Marketinsightsreports adds “Global Disposable Paper Cup Market by Manufacturers, Regions, Type and Application, Forecast to 2023” new report to its research database that gives a top to bottom investigation of the market as far as income and developing business sector patterns. The abstract includes business overview, product offering, revenue share, strategies, and service offering of the dominant players. This report covers several key areas in the Disposable Paper Cup market. Global
Global Greaseproof Paper Market 2017 - Krpa Paper, Nordic Paper, Vicat Group, Di …
This report studies the Greaseproof Paper market, Greaseproof paper is paper that is impermeable to oil or grease and is normally used in cooking or food packaging. Normally greaseproof paper is produced by refining the paper stock and thus create a sheet with very low porosity. Scope of the Report: This report focuses on the Greaseproof Paper in Global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and
Global Wheat Straw Pulp Market 2017- Yinge Paper, Xinya Paper Group, Baiyun Pape …
The Global Wheat Straw Pulp Market 2017 examines the performance of the Wheat Straw Pulp market. It encloses an in-depth judgment of the Wheat Straw Pulp market state and the competitive landscape globally. This report analyzes the potential of Wheat Straw Pulp market in the present and the future prospects from various angles in detail. The Global Wheat Straw Pulp Market 2017 report includes Wheat Straw Pulp industry volume, market Share,