PP Coated Paper Market Trends and Forecast
The future of the global PP coated paper market looks promising with opportunities in the food packaging and industrial markets. The global PP coated paper market is expected to grow with a CAGR of 4.2% from 2024 to 2030. The major drivers for this market are increasing demand for eco-friendly packaging solutions in various industries, growth in online retail & food delivery, and rising demand of recyclable & sustainable packaging options.
• Lucintel forecasts that single side coated is expected to witness higher growth over the forecast period.
• Within this market, food packaging is expected to witness the higher growth.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook for the PP Coated Paper Market
• United States: International Paper announced a new line of recyclable PP coated papers, aligning with government targets for sustainable packaging solutions and responding to increasing consumer demand for eco-friendly products.
• China: Nine Dragons Paper Holdings expanded its production capacity for PP coated paper to meet the growing packaging needs of e-commerce and retail sectors, supported by government initiatives promoting domestic manufacturing and export.
• Germany: Mondi Group introduced innovative PP coated papers with enhanced barrier properties for food packaging, complying with stringent European Union regulations on food safety and packaging materials.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
PP Coated Paper Market by Segment
The study includes a forecast for the global PP coated paper market by type, application, and region.
PP Coated Paper Market by Type [Value from 2018 to 2030]:
• Single Side Coated
• Double Side Coated
PP Coated Paper Market by Application [Value from 2018 to 2030]:
• Food Packaging
• Industrial
• Others
PP Coated Paper Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of PP Coated Paper Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies PP coated paper companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the PP coated paper companies profiled in this report include-
• Stora Enso
• Nippon Paper Group
• Holmen Iggesund
• Walki Group Oy
• Eurocartex
• Tingzheng Printing & Packing
• PaperJoy
Recent Development in the PP Coated Paper Market
• Smurfit Kappa Group: Smurfit Kappa Group invested in research and development of PP coated paper solutions optimized for sustainable packaging applications. Their focus includes enhancing recyclability and reducing environmental impact, responding to market demands for eco-friendly packaging solutions.
• Nippon Paper Industries Co., Ltd.: Nippon Paper Industries Co., Ltd. developed bio-based PP coated papers derived from renewable sources, addressing the global shift towards bio-economy and sustainable packaging alternatives. This innovation underscores their commitment to environmental stewardship and product innovation.
• Sappi Limited: Sappi Limited launched premium PP coated papers with superior printability and aesthetic appeal, targeting high-end packaging markets. These papers are designed to meet the demanding requirements of luxury and cosmetic brands, enhancing brand value through high-quality packaging solutions.
• Stora Enso: Stora Enso introduced PP coated papers with enhanced functionalities for digital printing applications, catering to the growing demand for personalized and on-demand packaging solutions. This initiative supports their strategy to leverage digital printing trends in packaging.
• WestRock Company: WestRock Company expanded its portfolio of PP coated papers with solutions optimized for food service packaging applications. These papers offer excellent grease resistance and barrier properties, meeting the rigorous standards of the food industry while ensuring sustainability across the supply chain.
Features of the Global PP Coated Paper Market
Market Size Estimates: PP coated paper market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: PP coated paper market size by type, application, and region in terms of value ($B).
Regional Analysis: PP coated paper market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the PP coated paper market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the PP coated paper market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for PP coated paper market?
Answer: The global PP coated paper market is expected to grow with a CAGR of 4.2% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the PP coated paper market?
Answer: The major drivers for this market are increasing demand for eco-friendly packaging solutions in various industries, growth in online retail & food delivery, and rising demand of recyclable & sustainable packaging options.
Q3. What are the major segments for PP coated paper market?
Answer: The future of the PP coated paper market looks promising with opportunities in the food packaging and industrial markets.
Q4. Who are the key PP coated paper market companies?
Answer: Some of the key PP coated paper companies are as follows:
• Stora Enso
• Nippon Paper Group
• Holmen Iggesund
• Walki Group Oy
• Eurocartex
• Tingzheng Printing & Packing
• PaperJoy
Q5. Which PP coated paper market segment will be the largest in future?
Answer: Lucintel forecasts that single side coated is expected to witness higher growth over the forecast period.
Q6. In PP coated paper market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the PP coated paper market by type (single side coated and double side coated), application (food packaging, industrial, 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 5 years and what has its impact been on the industry?
For any questions related to PP Coated Paper Market Market, PP Coated Paper Market Market Size, PP Coated Paper Market Market Growth, PP Coated Paper Market Market Analysis, PP Coated Paper Market Market Report, PP Coated Paper Market Market Share, PP Coated Paper Market Market Trends, PP Coated Paper Market Market Forecast, PP Coated Paper Market Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.