Press release
Converting Paper Market to reach USD 453.37 Bn by 2029, emerging at a CAGR of 2.37 percent and forecast 2023-2029
Converting Paper Market Report Scope and Research Methodology :Maximize Market Research Pvt Ltd, a leading market research firm, has released an in-depth market research report on the Converting Paper Market. This comprehensive report encompasses a wide range of key aspects and insights into the global converting paper industry.
The report is the result of meticulous research employing a robust methodology. It incorporates both primary and secondary research to provide accurate and reliable information. The data collected has been thoroughly analyzed to offer actionable insights to stakeholders.
Maximize Market Research Pvt Ltd is proud to unveil its comprehensive Converting Paper Market Report, offering an extensive scope of analysis and insights. This report delves into every facet of the converting paper market, catering to industry stakeholders, investors, and decision-makers seeking a deep understanding of the market landscape. The report's scope includes a meticulous exploration of market trends, valuations, segmentation by various parameters, identification of drivers and restraints, regional insights, competitive dynamics, emerging trends, and the impact of external factors like COVID-19.
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Converting Paper Market Dynamics:
The Converting Paper Market is experiencing a surge in demand due to its versatile applications beyond writing and printing. The sanitary and packaging industry is emerging as a primary end-user, driven by the growing adoption of converting paper in industrial packaging. Companies are drawn to its cost-effectiveness and sustainability, particularly when compared to materials like plastic, metal, and glass.
Moreover, the escalating demand for personal hygiene paper products worldwide is a significant driver for market growth. Converting paper is integral to producing hygiene essentials like baby diapers and tissue paper. Additionally, the rise of e-commerce has led to a higher demand for effective packaging solutions, contributing to the market's expansion.
However, the shift towards digitalization poses challenges, impacting the demand for printing and writing paper. Nonetheless, converting paper manufacturers are leveraging digital solutions to enhance customer service, product quality, and overall operational efficiency.
Converting Paper Market Regional Insights:
The Asia Pacific region emerged as a dominant player, accounting for 38.92% of the market share in 2022. The region's growth is propelled by the rising demand for newsprint due to increasing literacy rates and population. For instance, India's growing number of magazines and newspapers is driving substantial newsprint consumption.The Asia Pacific region claimed the lion's share of the market, accounting for 38.92% in 2022. This dominance is attributed to the surging demand for newsprint propelled by increasing literacy rates and population growth. As India witnesses a rise in magazines and newspapers along with a corresponding increase in circulation, newsprint consumption is expected to soar, propelling the converting paper market's growth during the forecast period.
In Europe, a significant growth rate of 2.31% during the forecast period is anticipated. The Confederation of European Paper has reported consistent paper and board production, with improvements in capacity leading to an increase in total paper production.The European region is poised for significant growth at a CAGR of 2.31% during the forecast period. Notably, the Confederation of European Paper reports steady paper and board production, with capacity improvements leading to a notable increase in total paper production. This growth is underpinned by enhancements to existing machinery and a substantial net capacity increase.
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Converting Paper Market Segmentation:
by Product Type
Coated
Uncoated
by Pulp Type
Mechanical Wood Pulp
Non-Wood Pulp
Chemical Wood Pulp
Semi-chemical Pulp
Recycled Pulp
Global Converting Paper
by End-User
Packaging & Wrapping
Food Service
Printing
Consumer Goodsing
Food Service
Printing
Consumer Goods
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Converting Paper Market Key Players:
1.Georgia-Pacific LLC
2. International Paper Company
3. UPM-Kymmene Oyj
4. Domtar Corporation
5. Verso Corporation
6. Burgo Group SPA
7. American Eagle Paper Mills
8. Catalyst Paper Corporation
9. Rolland Enterprises Inc.
10.Finch Paper LLC
11.Verso Corporation
12.BillerudKorsnäs AB,
13.Catalyst Paper Corporation
14.Alberta Newsprint Company Ltd.
15.Stora Enso Oyj
16.Canfor Corporation
17.Clearwater Paper Corporation
18.P.H. Glatfelter Co.
19.Mitsubishi Paper Mills Limited
Table of content for the Converting Paper Market includes:
Global Converting Paper Market: Research Methodology
Global Converting Paper Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3.Global Converting Paper Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
4 . Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2022 to 2029)
Past Pricing and price curve by region (2022 to 2029)
Market Size, Share, Size and Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
Competitive Landscape - Profiles of selected key
players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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