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By 2024, Coated Paper Market in the packaging applications to grow at 4.5% CAGR

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Speaking of players, top five companies operating in global coated paper market account for more than 40% of the overall share.

— Packaging applications accounted for more than 48% of coated paper market in 2015 and are anticipated to grow at a rate of 4.5% over 2016-2024. Subject to the growing product demand from the retail, e-commerce, and F&B sectors, packaging applications are slated to hold a share of 50% of coated paper industry by 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.

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.

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This market encompasses fine and groundwood coated paper products. Fine products held more than 50% of coated paper industry, with a revenue generation of more than USD 20 billion, in 2015. The segment will grow at a fairly modest rate, however, it is likely to lose its demand to groundwood products.

Strict norms imposed by the EPA will lead to North America coated paper industry experiencing a slight slack over 2016-2024. Following a similar growth trajectory is Europe coated paper market, which is expected to register moderate gains over 2016-2024 owing to the stringent regulations introduced by REACH. Despite having held a share of over 35% of the global revenue, Europe coated paper industry will fall behind its APAC counterparts, driven by the increasing usage of digital media.

Powered by the huge rise in online trade, especially across countries such as India and China, Asia Pacific coated paper market will experience a growth rate more than 6% over 2016-2024. Changing consumer preferences toward packed meals, increasing demand for home delivery, and rising popularity of digitization across the region will fuel APAC coated paper industry in the years to come.

Considering the fact that coated paper market involves a heavy initial capital combined with a huge requirement for natural raw material, the dynamics of this industry seem to be changing from the developed nations to the developing nations. On these grounds, Latin America and Asia Pacific markets are anticipated to progress exponentially, since the regions provide the benefits of a huge labor force in addition to the changing urban lifestyles. Furthermore, industry players always invest heavily in developing regions in order to increase their production capacities.

Browse key industry insights spread across 120 pages with 140 market data tables & 15 figures & charts from the report, “Coated Paper Market” in detail along with the table of contents @ https://www.gminsights.com/industry-analysis/coated-paper-market

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.

Glimpse of Table of Content (ToC)

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

Chapter 5 Coated Paper Application Insights

5.1 Coated paper market share by application, 2015 & 2024

5.2 Printing

5.2.1 Global market estimates and forecast, 2013 - 2024

5.2.2 Global market estimates and forecast, by region, 2013 - 2024

5.3 Packaging

5.3.1 Global market estimates and forecast, 2013 - 2024

5.3.2 Global market estimates and forecast, by region, 2013 – 2024

5.4 Others

5.4.1 Global market estimates and forecast, 2013 - 2024

5.4.2 Global market estimates and forecast, by region, 2013 – 2024

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/coated-paper-market

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Website: https://www.gminsights.com/pressrelease/coated-paper-market

Source URL: https://marketersmedia.com/by-2024-coated-paper-market-in-the-packaging-applications-to-grow-at-45-cagr/88918102

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Release ID: 88918102

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