What Has Been the Growth Trajectory of the Coated Paper Market?
The coated paper market has seen considerable growth due to a variety of factors.
• In recent times, the coated paper market has experienced consistent growth. The market size is projected to increase from $44.25 billion in 2024 to $46.42 billion in 2025, boasting a compound annual growth rate (CAGR) of 4.9%. The past expansion can be linked to the rise in the printing industry, packaging necessities, consumer demand for quality, advertiser and marketer needs, as well as environmental considerations and standards.
What Can Be Expected from the Coated Paper Market By 2029?
The Coated Paper market is expected to maintain its strong growth trajectory in upcoming years.
• The market size of coated paper is anticipated to experience significant expansion in the coming years. It is predicted to escalate to $57.79 billion by 2029, with a compound annual growth rate (CAGR) of 5.6%.
The predicted growth in the forecast period is due to factors like sustainability and environmentally friendly initiatives, an increase in the publishing industry, consumer preference for aesthetics, strategies for brand distinction and marketing, global development, and industrial expansion. Key trends in the forecasted period comprise high-quality print demands, focus on biodegradability and recyclability, emphasis on food safety, premium branding, along with customization and personalization.
What Are the Critical Driver Fuelling The Coated Paper Market's Growth?
The surge in e-commerce platforms is predicted to fuel the coated paper market's expansion in the future. E-commerce platforms are software applications that streamline the internet-based commercial trade of products and services. The increasing popularity of smartphones, easy and affordable access to technology, and the convenience of shopping from anywhere have escalated online retail sales, subsequently elevating the demand for coated paper used for product packaging. These papers are coated or laminated with a composite material derived from paper or cardstock with a plastic coating or treatment on one surface, minimizing the likelihood of damage to goods. For instance, in August 2022, the US Census Bureau-Department of Commerce reported in an article that retail e-commerce sales in the United States amounted to $257.3 billion in the second quarter of 2022, marking a 2.7 percent (0.7%) increase from the first quarter of 2022. Consequently, the rise in e-commerce platforms is expected to stimulate the coated paper market.
How Is The Coated Paper Market segmented?
The 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
Subsegments:
1) By Coated Fine: Gloss Coated, Matte Coated, Silk Coated
2) By Standard Coated Fine: Gloss Standard Coated, Matte Standard Coated
3) By Coated Groundwood: Gloss Groundwood, Matte Groundwood
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What New Trends Are Influencing The Coated Paper Market?
Leading companies in the coated paper market are concentrating on the introduction of novel ternary nanocomposite coatings to boost barrier attributes, emphasize sustainability, and lessen dependence on traditional plastic coatings. Ternary nanocomposite coating is an advanced type of coating that integrates three unique components, commonly merging a polymer matrix with two extra substances, possibly nanoparticles and other sorts of fillers. As an illustration, Smart Planet Technologies, an American environmental composite materials firm serving the packaging industry, launched HyperBarrier in July 2024, a ground-breaking coating specifically crafted for paper-based flexible packaging. This latest product hopes to ease the switch from plastic to paper packaging by dealing with principal hurdles related to barrier efficiency, recyclability, and overall expenses.
Who Are the Key Players In The Coated Paper Market?
Major companies operating in the coated paper market include:
• 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
• Shree Krishna Paper Mills & Industries Limited
• Emami Paper Mill Limited
• Dunn Paper Company
• International Paper Company
• Smurfit Kappa Group PLC
• Mondi PLC
• Ahlstrom-Munksjö Oyj
• Avery Dennison Corporation
• Lintec Corporation
• Nissha Printing Co. Ltd.
• Toppan Printing Co. Ltd.
What Is The Most Dominant Region In The Coated Paper Market?
North America was the largest region in the coated paper market in 2024. The regions covered in the coated paper market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
