What is the future of Coated Paper Market? Know Covid Impact on Size, Share & Forecasts

Jun 2,2021/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Coated Paper Market.

It was estimated prior to this unanticipated outbreak that the Coated Paper Market was expected to grow at a CAGR of 3.2% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Coated paper is a paper which is treated with a mixture of chemicals and materials to impart certain qualities to the paper, such as weight, surface gloss, smoothness, and ink retention.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

Based on the product type, the market is segmented as coated fine paper, coated groundwood paper, and others. Coated fine paper is expected to account for the largest share of the market during the forecast period on account of the growing adoption of these papers due to their high grammage and superior brightness features. These are majorly used in offset printing applications for producing magazines, annual reports, catalogues, and advertising materials, boosting the segment’s growth during the forecast period.

On the other hand, coated groundwood paper is estimated to be the fastest-growing segment of the market during the forecast period owing to its smooth surface with significant minimization of ink absorbency abilities. These papers are lightweight, eco-friendly, cost-effective, and find application in magazines, brochures, and printing books, calendars where high stiffness and thickness are required.

Based on the application type, the market is segmented as printing, packaging, and others. Packaging is expected to register high growth rate in the market owing to the growing demand for papers in flexible packaging for food, cosmetic and medical products during the forecast period. Moreover, growing consumer awareness pertaining to single-use plastic is resulting in shifted inclination towards paper packaging in home-delivered products and consumer goods, fueling the segment’s growth during the forecast period. On the other hand, printing application is likely to account for a significant share of the market owing to the growing advertisement sector and rising demand for printed magazines, brochures, and direct mails by business corporate offices.

Based on the finishing process type, the market is segmented as online calendaring and offline calendaring. The online calendaring is estimated to be the faster-growing finishing process type owing to the technological enhancements coupled with faster calendaring process as compared to the offline calendaring. These are also available in a broad range making them ideal for a wide range of applications, fueling the segment’s growth during the forecast period.

Based on the coating material type, the market is segmented as clay, calcium carbonate, talc, and others. Clay is projected to hold the largest share of the market on account of the provision for a wide range of finishes based on the customer requirements during the forecast period. The altering option of paper’s brightness and finish ranging from high or dull gloss to matte finishes are further expected to boost the segment’s growth during the forecast period.

In terms of regions, Asia-Pacific is estimated to be the dominant region in the market. The growth of the region can be attributed to the expansion of the end-use industries for the packaging sector such as food & beverages, personal care products, pharmaceutical manufacturing, and online retail during the forecast period. Factors such as flourishing e-commerce sector and internet trade, and the growing printing sector in the region are further expected to fuel the growth of the regional market over the forecast period. Europe and North America are also expected to offer substantial growth opportunities in the market during the forecast period.

Key Players:

Some of the key players in the coated paper market are-

Burgo Group S.P.A.
Dunn Paper, Inc.
Lecta Group
Nippon Paper Industries Co., Ltd.
South African Pulp and Paper Industries Ltd.
Stora Enso
Svenska Cellulosa AB
Twin Rivers Paper Company
UPM
Verso Corporation.

Features of the Report

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

The Coated Paper Market analysis report discusses the following heads in great detail:

Market structure: Overview, industry life cycle analysis, supply chain analysis
COVID-19 Impact Assessment
Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
Market trend and forecast analysis
Market segment trend and forecast
Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
Attractive market segments and associated growth opportunities
Emerging trends
Strategic growth opportunities for the existing and new players
Key success factors

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