Coated Paper Market will show exponential growth from packaging application

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.

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.

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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.

The surging demand for high quality print images for advertisement applications is likely to stimulate global Coated Paper Market over the next seven years. Being highly capital-intensive, coated paper industry is estimated to experience a paradigm shift from the developed regions to the emerging economies such as Latin America and Asia Pacific. Coated paper production requires natural raw material such as wood pulp and water, heavy amount of energy, and ample human resources. Pertaining to these factors, companies operating in global coated paper market are trying to expand their base across APAC and LATAM. In addition, the increased spending capability of consumers will fuel coated paper market size, estimated to cross USD 57 billion by 2024, with a CAGR anticipation of 4.2% over 2016-2024.

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.

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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.

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.

Major Point From Table Of Content:

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

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