Global Coated Paper Market is Expected to Reach US$ 48.21 Bn in 2020: Transparency Market Research

Transparency Market Research has published a new report titled “Coated Paper (Coated Fine Paper, Coated Groundwood Paper and Others) Market for Printing, Packaging and Other Applications – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 – 2020.” According to the report, the global coated paper market was valued at US$ 36.94 Bn in 2013 and is anticipated to reach US$ 48.21 Bn by 2020, expanding at a CAGR of 3.9% between 2014 and 2020.

Browse the full Coated Paper Market Report: 
http://www.transparencymarketresearch.com/coated-paper-market.html

Coated paper is plain paper that contains a thin layer of functional materials such as kaolin clay, SB latex, wax, polythene and titanium dioxide. Coated paper usually has a matte or gloss finish, which makes it usable in various end-use applications such as catalogues, photo papers, newspaper inserts, security papers, advertising materials and converted paper products. Coated paper is largely used in printing applications owing to its distinctive quality of producing sharp and complex images. Additionally, coated paper also has significant usage in packaging applications. Various grades of coated paper, classified in terms of glossiness and brightness, are used for packaging applications. Currently, coated paper manufacturers are focusing on bio-based and degradable flexible coated paper packaging due to increasing demand for flexible paper packaging in the food industry.

In terms of volume, Asia Pacific held over 33% share in the coated paper market in 2013. Growth in demand from the advertisement and printing industry in emerging countries such as China, Indonesia, and India has created significant demand for coated paper in this region. Moreover, growth in intra- and inter-trade commodities has led to a rise in demand for coated paper in packaging applications in the Asia Pacific region. Robust growth of online selling in India, China, Australia, South Korea, and Japan is expected to boost demand for coated paper in packaging applications in Asia Pacific. Furthermore, Asia Pacific is expected to witness fastest growth for the coated paper market in the forecast period. Several companies such as Asia Pulp & Paper Group (APP), Oji Holdings Corporation, Nippon Paper Industries Co., Ltd., Shandong Chenming Paper Group Co., Ltd. and JK Paper Ltd., have significant presence across this region. These are the key players in the coated paper market in Asia Pacific.

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North America is projected to witness slowest growth in the coated paper market in the forecast period. The U.S. is the major consumer of coated paper in this region. However, currently, due to significant rise in digital readership and viewership, the demand for coated paper has declined steadily. Furthermore, continued weakness in the demand for coated paper continues to plague all printing and writing grades. Presently, coated paper mills in this region are operating at a sluggish rate which in turn is expected to hamper the growth of coated paper in the North America region.

Europe held a substantial share in the global coated paper market until 2011; however, recent shutting of several paper mills in the Western European region has held back the demand for coated paper in Europe. RoW is emerging as a steadily growing market for coated paper production. Sappi Limited, one of the key players in the coated paper market, has a specialized cellulose production facility in South Africa.

The global coated paper market is moderately fragmented in nature; the top five players accounted for over one-third share in 2013. Other key players in the coated paper market include Stora Enso Oyj, Arjowiggins SAS, Burgo Group Spa, Mondi plc and Nippon Paper Industries Co., Ltd.

This report segments the global coated paper market as follows:

Coated Paper Market – Product Segment Analysis
  • Coated fine paper
  • Coated groundwood paper
  • Others (including polythene, polyolefin coated papers, wax papers, labels and releases, art papers, etc.)

Coated Paper Market – Application Analysis
  • Printing
  • Packaging
  • Others (including business communication, labels, direct mailing, etc.)

Coated Paper Market – Regional Analysis
  • North America
  • Europe
  • Asia Pacific
  • Rest of the World (RoW)

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