Paper Market Trends, Revenue, Major Players, Share Analysis & Forecast Till 2030
The Global Paper Market size is estimated to reach USD 36.77 billion from USD 41.49 Billion in 2021, delivering a CAGR of 6.20% through 2030. The market growth is driven by the immense growth in the e-commerce & logistics business coupled with technological advancements in the packaging mechanisms & equipment.
Papers are ideal for a wide
range of applications ranging from paper currency to coffee filters, insulation
paper, carbonless copy paper, décor papers, and others. Increasing product
applications in e-commerce activities such as storage, transport, and packaging
are offering lucrative scope for industry growth. Apart from high-end packaging
items, its application includes printing and decorating invitations.
Growing usage of specialty
printing papers, cardstock paper, and specialty tissue papers, along with new
and innovative solutions offered by the leading industry players, will boost Papers
market growth. Moreover, the massive consumption of consumer goods supported by
the expansion of the e-commerce & logistics business will further
supplement market revenue share through 2027.
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Competitive Outlook:
This section of
the report performs a thorough investigation into the intensely competitive
landscape of the global Paper market, highlighting the leading manufacturers,
strategic initiatives adopted by them, the existing growth prospects, market
positions, and market shares held by each participant. The report further emphasizes the
developmental strategies undertaken by these companies, including product
innovation, new product launches, and technological upgradation. Moreover, the
report studies the notable business events observed in this industry, such as
mergers & acquisitions, joint ventures, partnerships, corporate deals, and
brand promotions.
Key
companies operating in the market and profiled in the report include:
·
International Paper
Company
·
Stora Enso Oyj
·
Nippon Paper Industries
Co., Ltd
·
Mondi plc
·
Sappi Limited
·
Pixelle Specialty
Solutions
·
ITC Limited
·
Domtar Corporation
·
Fedrigoni
·
and
Ahlstrom-Munksjö Holding.
Further key findings from the report
suggest
- Based
on product type, the decor paper segment contributed to the largest market
share in 2019 in terms of both volume and revenue and is estimated to
witness a notable growth rate through 2027 on account of its wide range of
applications in paneling, furniture, and flooring surfaces. The décor
paper segment will lead the market in the forecast period
- The
kraft paper segment is anticipated to register the highest growth rate of
4.4% over the analysis period on account of growing product demand for
food packaging along with the growth of retail infrastructure in the
developing economies.
- Based
on raw material, the filler segment accounts for 30.3% of the Paper market
share and is anticipated to generate significant revenue over the forecast
period.
- In
terms of application, the packaging and labeling segment accounted for 25
% of the market in terms of volume and is set to witness notable CAGR
through 2027.
- The
printing & publishing segment is estimated to contribute significantly
to the Paper market share on account of increasing usage of Paper in
security papers, currency, postage stamp, and cheque paper.
- In
the regional landscape, Europe is estimated to witness a CAGR of 2.2%,
contributing to the maximum revenue generation by 2027. Europe is the
largest exporter of paper in the world. The growing trend of online
shopping and the expansion of packaging & product distribution in the
region will boost industry growth.
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For this report, Reports and Data has segmented the
Global Paper Industry based on product type, raw material type, application,
and region:
Product Type Outlook (Revenue: USD
Billion; Volume: Million Tons; 2019-2030)
- Packaging Paper
- Printing Paper
- Décor
- Release Liner
- Kraft
- Thermal
- Carbonless
- Others
Raw Material Type Outlook (Revenue: USD
Billion; Volume: Million Tons; 2019-2030)
- Fillers
- Binders
- Pulp
- Coatings
- Additives
- Others
Application Outlook (Revenue: USD Billion;
Volume: Million Tons; 2019-2030)
- Construction
- Printing
- Industrial
- Packaging
- Labeling
- Medical
- Others
Regional Outlook
- North
America
- Europe
- Asia
Pacific
- Latin
America
- Middle
East & Africa
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Key Benefits of Buying the Global Paper
Report:
- Comprehensive
analysis of the changing competitive landscape
- The
report offers an 8-year forecast and assessment of the Global Paper Market
- Helps
in understanding the key product segments and their estimated growth rate
- In-depth
analysis of market drivers, restraints, trends, and opportunities
- Comprehensive
regional analysis of the Global Paper Market
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