According to a market report by Lucintel, the future of the coated paper market looks promising with opportunities in the printing and packaging & labeling applications. The global coated paper market is expected to reach an estimated $55.1 billion by 2028 with a CAGR of 4.1% from 2023 to 2028. The major drivers for this market are increasing demand for advertising and packaging in different industries, significantly growing internet trade and e-commerce industry and emergence of bio-degradable packaging solutions across the globe.
In this market, mechanical and woodfree are the two major product type segments. Lucintel forecast that mechanical will remain the larger product type segment over the forecast period due to increasing usage of coated paper in magazines, catalogs, inserts, and decorative pages as it possesses the ability to enhance the ink holdout feature while reducing ink usage and delivering better prints and images.
Within this market, packaging & labeling is expected to remain the largest application segment due to significant growth in the e-commerce industry and growing demand for flexible packaging in the food, medical, and cosmetic industries.
North America will remain the largest region due to the presence of several leading manufacturers, which results in the large-scale production of coated paper in the region.
Oji Holdings Corporation, Asia Pulp & Paper Co., Stora Enso Oyj, Nippon Paper Industries Co., Michelman, BASF SE, and Imersys are the major suppliers in the global coated paper market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global coated paper market by product type, application, and region. Lucintel has compiled a comprehensive research report entitled “Growth Opportunities in the Global Coated Paper Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global coated paper market by product type, application, and region, as follows:
Coated Paper Market by Product Type [Value ($B) Shipment Analysis from 2017 to 2028]:
Coated Paper Market by Application [Value ($B) Shipment Analysis from 2017 to 2028]:
Printing
Packaging & Labeling
Others
Coated Paper Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:
North America
Europe
Asia Pacific
The Rest of the World
This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or email us at helpdesk@lucintel.com.
About Lucintel
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This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the global coated paper market by product type (mechanical and woodfree), application (printing, packaging & labeling, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last five years and what has its impact been on the industry?