Coated Paper Market Scope
Coated paper is that type of paper which is coated with a polymer and provides numerous qualities to the paper namely surface gloss, absorbency, condensed ink, and others. It is widely used in the packaging and labeling industry, as it provides sharper and better images. Demand for coated paper has increased due to increase packaging industry. For instance, according to Assocham-Ey study, the market size of the country's packaging industry is expected to reach more than USD 72.6 billion by 2020. Hence, this data shows increasing usage of coated paper in the packaging industry is likely to be the prime driver for market growth.
According to AMA, the Global Coated Paper market is expected to see growth rate of 4.1%
The global coated paper market is highly fragmented owing to the prevalence of small and large players in the market. Some of the major players which are operating in the market are Nippon Paper Industries Co. Ltd (Japan), Oji Holdings Corporation (Japan), Stora Enso Oyj (Finland), among others. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Coated Paper market throughout the predicted period.
Nippon Paper Industries Co. Ltd (Japan), Oji Holdings Corporation (Japan), Stora Enso Oyj (Finland), Asia Pulp & Paper (Indonesia), UPM-Kymmene Corp (Finland), Arjowiggins SAS (France), Burgo Group SpA (Italy), Ballarpur Industries Limited (India), Sappi Limited (South Africa) and NewPage Corporation (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are JK Paper Ltd (India), Minerals Technologies Inc. (United States), Shree Krishna Paper Mills & Industries Ltd (India), Paradise Packaging Pvt. Ltd (India) and Emami Group (India).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Coated Paper market by Type (Gloss Coated Paper, Matte Coated Paper, Dull finish Coated Paper and Others) and Region with country level break-up.
On the basis of geography, the market of Coated Paper has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
In July 2017, the Nippon Paper Industries Co., Ltd. (Japan) Company has launched Coated Paper, which is b7 Light. In addition, it is available in 67g/m2, 77g/m2, 87g/m2 and 97g/m2 at 10g/m2 unit in terms of the base weight. Hence, this launched will increase the product portfolio of the company.
Market Trend
- Increasing Usage of Eco-Friendly Products as well as Ban of Plastic Packaging
Market Drivers
- Growing Utilization of Coated Paper across the Packaging Industry
- Rising Environmental Concern as well as Government Initiatives to Reduce Plastic Consumption
Opportunities
- Growing Demand from Emerging Market
Restraints
- Issue related to Rising Electronic Media Industry Worldwide
Challenges
- Recycling of Coated Paper is key Challenges for Market Growth
Key Target Audience
Paper & pulp manufacturers, Coated paper manufacturers, Traders and distributors of coated paper, Packaging industries, Potential investors and Raw Material Suppliers