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25 October 2017
Global Demand for Coated paper to grow by 4.3%
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Analyst from Market Research Future (MRFR)’s team said: the market for coated paper is increasing considerably owing to growing applications like packaging, printing and labelling. Global media ad is also spending its contribution towards rising demand for glossy print ads, brochures and other printed marketing materials. The coated paper is highly used in photo books and art books due to high quality print material compared to conventional paper. Thus, expanding imaging product industries is expected to boost the coated paper market growth in coming years.
Growing demand of paper packed product as ready to eat foods without harmful side effects of plastics are expected to drive the global coated paper market in the forecasted period. In retail segment, increasing e-commerce and online trading with demand for door step delivery is driving the global coated paper market in packaging. Replacement of polymer based packing with bio degradable paper based packing in several products like cigarettes, medicals products, consumer products will impact positively on the coated paper based market in next few years.
Renewable and degradable flexible paper packaging mostly used in food and other industry goods are expected to present several opportunities to market players.
Global Coated Paper market is expected to grow at 4.3% caga during 2016-2022.
Key players in this segment areStora Enso Oyj,Nippon,Sappi,UPM-Kymmene,Arjowiggins,Asia Pulp & Paper Co,Verso,Imerys,Penford and Burgo
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