The global coated paper market is projected to touch USD 34.7 billion by 2025, according to a new report by Million Insights. The market is anticipated to grow at a CAGR of 3.5% from 2019 to 2025. Increasing demand from e-commerce industry for packaging & labeling is driving the market growth. The rapidly growing e-commerce industry is the major driver of this market.
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Market Synopsis of Coated Paper Market:
Effective packaging &
labelling plays an important role in overall product appeal among consumers. It
adds a professional touch to publications and magazines. Further, benefits such
as the requirement of less ink and dust resistant properties make coated papers
a popular choice among various industries.
Other applications of coated papers
such as invitation papers and decoration materials offer a lucrative
opportunity for manufacturers. However, rapidly growing deforestation and
adverse impact on the environment are hindering the market growth.
Nevertheless, growing emphasizing by manufactures to introduce environment
friendly coated papers bode well for the growth of the coated paper market.
Among different applications,
packaging & labeling segment was the largest market and it is anticipated
to grow at a CAGR of 3.6% over the forecast period. Introduction of new
products is likely to supplement market growth. Nippon Paper Industries Co.,
Ltd, in 2017, introduced an innovative coated paper named b7 LIGHT. This
product is natural in color and has soft pages due to low material density.
Using the same material, Nestle, in March 2019, introduced a new paper for
plastic-free packaging named Nesquik for the European market.
Asia Pacific is anticipated to
grow at a CAGR of 3.7% during the forecast period on account of growing demand
from countries such as India and China. Continuously rising e-commerce
platforms is likely to supplement to the market growth during forecast period.
View Full Table of Contents of This Report @ https://www.millioninsights.com/industry-reports/global-coated-paper-market
Table of Contents:-
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Coated Paper: Market
Variables, Trends & Scope
Chapter 4 Coated Paper: Product
Estimates & Trend Analysis
Chapter 5 Coated Paper:
Application Estimates & Trend Analysis
Chapter 6 Coated Paper: End-use
Estimates & Trend Analysis
Chapter 7 Coated Paper:
Industrial End-use Estimates & Trend Analysis
Chapter 8 Coated Paper: Regional
Estimates & Trend Analysis
Chapter 9 Competitive Landscape
Chapter 10 Coated Paper:
Manufacturers Company Profiles
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