Commercial printing papers Market Growth to be Driven by Technological Advancements 2024
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Commercial printing papers market: Market Dynamics
The commercial printing papers market draws its demand from paper used for packaging and printing. The growth of retail sector along with the availability of the paper at a low price are the important factors for the growth of commercial printing papers market. The retail sector is expected to grow at a rate 4.5% over the forecasted period, and the current market price of the paper pulp in the international market is around U.S$875. The large voluminous businesses which involve printing of magazine, newspaper, catalogs, packaging paper is an important driver for boosting the commercial printing papers market. The concern of the government authorities around the world on reducing plastic waste can support the demand in the commercial printing papers market. However, regulations of environment protection may limit the consumption of paper pulp which can drop the growth of the commercial printing papers market. On the backdrop of upsurge use of the digital media the demand in the commercial printing papers market is expected to move downwards. The expected growth rate for the use of digital media in information and entertainment sector is about 12% over the forecasted period. The global commercial papers printing market is prone to lose its profitability due to existing overcapacity and rising cost of the raw material.
Commercial printing papers market: Market segmentation
Commercial printing papers market can be segmented by the type of paper used, application for which commercial printing paper is used and the end use industry.
Based on the type of paper used, commercial printing papers market can be segmented into:
Standard coated fine paper
Low coat weight paper
Based on the application, commercial printing papers market can be segmented into:
Based on the end use industry, commercial printing papers market can be segmented into:
Commercial printing industry
Printed advertisement industry
Mass communication industry
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Commercial printing papers market- Regional Outlook:
Regionally global commercial printing papers market is segmented into
Asia-Pacific excluding Japan (APEJ)
Middle East & Africa (MEA)
North America is the leader of consumption in commercial printing papers market, but growth in the region is expected to face downward trend due to the consumer preference for digital media. North America is followed by the European countries and APEJ region for the demand in the commercial printing market. Consumption of commercial printing papers in the densely populated areas of the APEJ region supports the demand for the commercial printing papers market. Particularly China from the APEJ region is the global leader in commercial printing papers market, which then followed by the United States in North America and Finland and Ireland from the Western Europe.
Commercial printing papers Market - Key Players:
Some key players of the commercial printing papers market are Unisource Worldwide, Inc, Osprey Media L.P, International Paper, Boise Paper, Clearwater Paper Corporation, Temple Inland, Inc., Artful Dragon Press, Guangzhou Xinyi Printing Co., Ltd., Central National Gottesman Inc, American Eagle Paper Mills, etc.
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