Zion Market Research, the market research group announced the analysis report titled ‘Coated Paper Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024‘
Global Coated Paper Market: Overview
When a paper is coated with a polymer or compound in order to provide some qualities to the paper such as weight, condensed ink absorbency, surface gloss, or smoothness, such type of paper is known as coated paper. Several materials can be adopted for coating paper such as calcium kaolinite, talc, carbonate, and bentonite for the high-quality printing that is used in the magazines and the packaging industry.
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Global Coated Paper Market: Segmentation
The global coated paper market is segmented into its coating material, type, and application. On the basis of coating materials, the market is segregated into kaolin clay, precipitated calcium carbonate, talc, wax, grounded calcium carbonate, SB latex, starch, titanium dioxide, and others. Based on the type, the market is categorized into standard coated fine paper, low coat weight papers, coated fine paper, coated groundwood paper, art papers, and others. On the basis of application, the market is divided into packaging, labels, printing, business communication, and others.
Global Coated Paper Market: Growth Factors
The primary factor that is augmenting the market growth is the mounting popularity of e-commerce and home delivery systems. The adoption of coated papers is elevating owing to its variety of textures and finishing quality thus providing different options for packaging. Moreover, the escalating demand for flexible packaging in the industries such as food and beverage works as a boost to the market. The rising awareness about the harmful effects of plastic packaging of the food products creates an increased demand for bio-based and degradable packaging materials. The growing demand for high-quality print images also favors the market growth. The reduction in the supply of raw materials adversely affects the growth of the global coated paper market. The declining pulp plantation worldwide leads to the shutdown of several pulp manufacturing companies. Furthermore, the strong workforce requirement coupled with high capital and resource requirement for the production of coated papers is restraining the growth of the market.
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Global Coated Paper Market: Regional Analysis
Asia Pacific anticipates being a key revenue contributor thus leading the coated paper market. The flourishing e-commerce sector, particularly in emerging economies such as India and China stimulates the demand for coated paper in the region. The increasing importance of advertisement and marketing strategies and the rising popularity of home delivery systems propels the growth of the market in this region. The prosperous growth of the printing and packaging sectors is the other factor that supplements the growth of the market in the region. Europe and the North American region expect to witness slow growth owing to the existence of strict regulatory environment and the growing penetration of electronic media. The growth of the coated paper market in the Middle East and Africa can be attributed to the rising demand from the printing and packaging industries.
Global Coated Paper Market: Competitive Players
Some of the key market players that are involved in the coated paper market include NewPage Corporation, Asia Pulp & Paper Co. Ltd., Lecta Deutschland GmbH., Dunn Company, Sappi Ltd., Nippon, UPM-Kymmene Corp., and Oji Holdings Corporation.
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Coated Paper Market by Geographical Analysis: North America( U.S.), Europe( UK, France, Germany), Asia-Pacific (China, Japan, India), Latin America( Brazil), Middle East and Africa
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