Coated Paper Market Report from 2022- 2028, Application Scope, Growth Drivers, Insights, Market Report to 2028

The global coated paper market is anticipated to grow at a 3.4% CAGR during the forecast period (2022-2028).

Due to the increased usage of these papers due to their high grammage and exceptional brightness characteristics, coated fine paper is estimated to account for the highest share of the market over the forecast period. These are mostly employed in offset printing applications to produce magazines, annual reports, catalogs, and advertising materials, which will drive the segment's growth over the forecast period. Furthermore, rising consumer awareness of single-use plastic is leading to a shift in customer preference for paper packaging in home-delivered items and consumer goods, which will fuel the segment's rise throughout the forecast period.

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Due to the growing advertisement sector and increased demand for printed magazines, brochures, and direct mailings by business corporate offices, the printing application is expected to account for a large portion of the market. For instance, BergaJet N is a woodfree uncoated paper from Stora Enso that is designed for high-speed inkjet presses that use pigment or dye inks. It improves the efficiency of press by delivering great multicolor print quality in pigment-ink-based applications. It has good print and post-processing runnability, such as mechanical conversion and automatic insertion.

The coated paper market's largest application sector is the packaging. Food packaging, cosmetics packaging, and pharmaceutical packaging make up the packaging application section. The packaging sector has increased its need for a coated paper due to its low cost, great heat stability, and mechanical flexibility. Due to the simple availability of coated paper and the presence of various industries that utilize coated paper. Coated groundwood paper, on the other hand, is expected to be the fastest-growing sector of the market over the period, owing to its smooth surface and reduced ink absorption capacities. These papers are lightweight, environmentally safe, and cost-effective, and can be used in magazines, brochures, printing books, and calendars that demand a lot of stiffness and thickness. For a more sustainable environment, most countries are focused on bio-based packaging. Coated paper replaces traditional plastics in packaging as it is a bio-based product.

The market's main region is anticipated to be Asia-Pacific. During the period, the region's growth may driven by the increase of the packaging sector's end-use sectors, such as food and drinks, personal care goods, pharmaceutical manufacturing, and online retail. Factors such as the region's thriving e-commerce industry and internet trade, as well as the region's rising printing sector, are likely to fuel regional market growth over the forecast period.

Some major players in the market include Asia Pulp & Paper, Nippon Paper Industries Co., Ltd., Oji Holdings Corp., Sappi ltd., Stora Enso Oyj, among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, in February 2022 a thorough Memorandum of Understanding has been signed between Elopak ASA and Nippon Paper Industries Co., Ltd. The agreement includes future collaboration between the two organizations, with a focus on how prospective businesses might be generated and organized together using their respective expertise, assets, and networks in the field of liquid-paper packaging.

Market Coverage
• The market number available for - 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Type
o By Material

• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World

Competitive Landscape- Asia Pulp & Paper, Nippon Paper Industries Co., Ltd., Oji Holdings Corp., Sappi ltd., Stora Enso Oyj, among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Coated Paper Market Report by Segment

By Type
• Coated Fine Paper
• Standard Coated Fine Paper
• Coated Groundwood paper
• Others (Low Coat Weight Papers)

By Material
• Grounded Calcium Carbonate (GCC)
• Kaolin Clay
• SB Latex
• Precipitated Calcium Carbonate (PCC)
• Titanium Dioxide (Tio2)
• Others

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This release was published on openPR.