Coated Paper Market Overview, Top Companies, Opportunities, Challenges and Industry Analysis 2023-2032

Coated paper is coated with a polymer or compound to impart certain attributes to the paper, such as smoothness, surface gloss, weight, or condensed ink absorbency. Several materials, including Bentonite, Kaolinite, talc, and calcium carbonate can be used to coat paper for the high-quality printing required in the packaging industry and in magazines. In addition, coated papers are referred as lightweight coated papers, which are used in decorative pages, inserts, catalogs, and magazines. Printing of these papers is only possible through the process of offset printing. The formulation of coating consists of chemical additives such as polyethylene, resins, and dispersants to protect against ultraviolet radiation or to offer water resistance and wet strength to the paper. This will result in a smooth, uniform finished product with a sleek, professional shine, which will bring out the vibrancy of the artwork.

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Market Overview:

The coated paper market has experienced substantial expansion due to its versatility and superior printing and packaging capabilities. Key factors contributing to the market's growth include the rising demand for high-quality packaging materials, the growth of the e-commerce sector, and the increasing emphasis on eco-friendly and sustainable packaging solutions.

COVID-19 scenario analysis

Owing to the outbreak of the COVID-19 pandemic, the global coated paper market is expected to witness a slowdown during the next couple of years. Governments of various countries have implemented lockdown, which has led to shutdown of factories in scores of cities and provinces across the world, thus leading to predictions of a sharp slowdown in the printing industry to e-commerce sector. Declining growth of the e commerce activities is one of the key factors that is likely to negatively impact the growth of coated paper market. Moreover, companies are dealing with missing sales and disrupted supply chains as production activities are shutdown.

Segmentation:

The coated paper market can be segmented based on coating type, application, and end-user industries. Common coating types include matte, gloss, and silk, each offering unique characteristics that cater to specific requirements. In terms of applications, coated paper finds extensive use in packaging, printing, labeling, and advertising. Furthermore, end-user industries span across food and beverages, pharmaceuticals, cosmetics, and more.

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Opportunities and challenges

Coated fine paper is made from pulp that has been chemically bleached and contains less mechanical pulp. Application of coated papers includes invitations for printing as well as for decoration purposes, which offers market players with remunerative growth opportunities. Rise in popularity of online and digital platforms has powered the e-commerce industry, which has led to an increase in home delivery services. This has further fueled the need for packaging and labeling solutions, thus driving demand for coated paper. Pervasive digital revolution across manufacturing industries is, however, an obstacle that hinders the development of the coated paper industry. Companies have replaced brochures, catalogs, and handbooks with digital alternatives such as videos and tutorials, thus discouraging paper use.

Key Drivers:

Rising Demand for Sustainable Packaging: As environmental concerns gain prominence, there is a growing shift towards sustainable and recyclable packaging materials. Coated paper, with its ability to offer eco-friendly options, has become a preferred choice for many industries.

E-commerce Boom: The surge in online shopping has led to an increased need for robust and visually appealing packaging. Coated paper meets these demands by providing a smooth and printable surface, making it ideal for high-quality packaging designs.

Advancements in Printing Technologies: Technological advancements in printing processes have significantly contributed to the growth of the coated paper market. The compatibility of coated paper with modern printing technologies ensures sharp and vibrant print quality, meeting the evolving needs of businesses and consumers

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Key Benefits for Stakeholders:

This study presents the analytical depiction of the global coated paper industry along with the current trends and future estimations to determine the imminent investment pockets.

The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global coated paper market share.

The current market is quantitatively analyzed to highlight the global coated paper market growth scenario.

Porter's five forces analysis illustrates the potency of buyers & suppliers in the market.

The report provides a detailed market analysis depending on competitive intensity and how the competition will take shape in coming years.

Key Market Players:

► APP (Asia Pulp & Paper)
► Dunn Paper Company
► LectaGroup
► Nippon Paper Industries Co., Ltd
► South African Pulp and Paper Industries Limited
► Stora Enso
► UPM
► Twin Rivers Paper Company
► Verso Corporation
► Svenska CellulosaAktiebolaget SCA

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