Global Coated Paper market overview 2024, Forecast To 2033
1 Mar, 2024
The coated paper market has witnessed steady growth, rising from$42.45 billion in 2023 to$44.54 billion in 2024, showcasing a compound annual growth rate (CAGR) of 4.9%. The historic growth is attributed to the expansion of the printing industry, packaging requirements, consumer preferences for quality products, advertising and marketing needs, and increasing concerns and regulations regarding environmental sustainability. Forecasts suggest continued steady growth, with the market projected to reach$54.04 billion by 2028, boasting a compound annual growth rate (CAGR) of 5.0%. This growth is driven by a focus on sustainability and eco-friendly solutions, an increase in the publishing sector, consumer demand for aesthetic products, brand differentiation and marketing strategies, and global industrial expansion. Major trends in the forecast period include the demand for high-quality print, biodegradability and recyclability, emphasis on food safety, premium branding, and customization and personalization.
Global Coated Paper Market Key Driver
The coated paper market is poised for growth due to the proliferation of e-commerce platforms. E-commerce platforms facilitate online buying and selling, driving retail sales through digital channels. The accessibility and convenience afforded by smartphones have propelled online retail sales, increasing the demand for coated paper in product packaging. Coated papers offer enhanced protection and durability, reducing the risk of damage to goods during transit. The US Census Bureau's data in August 2022 revealed a 2.7 percent increase in retail e-commerce sales in the United States in the second quarter of 2022, underlining the growing influence of e-commerce platforms. Therefore, the rise in e-commerce platforms is set to drive the coated paper market, reflecting expected market sizes for 2023, 2024, and 2028.
Get A Free Sample Of The Global Coated Paper Market ReportGlobal Coated Paper Market Segments
The global coated paper market covered in this report is segmented –
1) By Type: Coated Fine, Standard Coated Fine, Coated Groundwood
2) By Coating Material: Kaolin Clay, Precipitated Calcium Carbonate, Grounded Calcium Carbonate
3) By Finish: Matte, Gloss, Semi-Gloss
4) By Application: Printing, Packaging and Labeling
By Geography: The regions covered in the coated paper market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa.
North America was the largest region in the coated paper market in 2023. The regions covered in the coated paper market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Major Coated Paper Industry Players
Nippon Paper Industries Co. Ltd., Oji Holdings Corporation, Stora Enso Oyj, Sappi Limited, Asia Pulp and Paper Sinar Mas, UPM-Kymmene Corporation, NewPage Corporation, Arjowiggins SAS, Burgo Group S.p.A., Paradise Packaging Private Limited, JK Paper Limited, Minerals Technologies Incorporated, Shree Krishna Paper Mills & Industries Limited, Emami Paper Mill Limited, Dunn Paper Company, International Paper Company, Smurfit Kappa Group PLC, WestRock Company, Mondi PLC, Ahlstrom-Munksjö Oyj, Avery Dennison Corporation, 3M Company, Fasson Corporation, Ritrama S.p.A., CCL Industries Inc., Flexcon Company Incorporated, Lintec Corporation, Nissha Printing Co. Ltd., Toppan Printing Co. Ltd., Kimberly-Clark Corporation
Get The Full Global Coated Paper Market ReportCoated Paper Market Overview
Coated paper refers to paper coated with gloss, semi-gloss, or matte finish to improve the paper surface properties. The coated paper adds an agent to its surface combined with chemical additives, such as resins and dispersants on paper, to improve brightness, smoothness, or other printing properties. These papers are made with an additional layer, which makes the paper less porous.
Coated Paper Global Market Report 2023 provides data on the global coated paper market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The coated paper market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.