Coated Paper Market size is projected to be worth USD 29.9 Billion by 2030, registering a CAGR of 4.4% during the forecast period (2022 - 2030).
The accelerating usage of paper in the packaging industry favours the market growth to a great extent. When a paper is coated with a compound or polymer to offer qualities to the paper such as condensed ink absorbency, weight, smoothness, or surface gloss, it is referred to as coated paper. Either matte finish or glossy, coated paper is used for several applications such as magazines, printing, photo prints, book covers, art books, advertising materials, and catalogues.
Coated Paper Market Segmentation:
The global coated paper market size has been segmented by raw materials, product types, applications, and region. Segmental evaluation allows for a complete assessment of the market and assists in identifying factors that affect the market.
By applications, the market has been segmented into packaging, printing, and labelling. Printing holds the largest segment due to its widespread demand for use in print advertising.
By raw materials, the market has been segmented into ground calcium carbonate (GCC), precipitated calcium carbonate (PCC), kaolin clay and others. PCC, which is a manufactured material, is most commonly used in applications where the customer has specific requirements regarding paper properties. Meanwhile, GCC is extracted from natural sources and is used for its light scattering and brightness properties.
By product types, the market has been segmented into standard coated fine, coated fine, coated groundwood and low coat weight. Coated fine paper possesses the largest market share due to its extensive use in advertising and as art paper.
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Key Players
MRFR's analysis of the competitive landscape of the coated paper market reveals market strategies used by major market players. Key players included in the report are Penford Corporation, Nippon, Sappi Ltd., UPM-Kymmene Corp, Stora Enso Oyj, Arjowiggins SAS, Asia Pulp Paper Co. Limited, Verso Corporation, Burgo Group S.P.A., Imerys S.A., and others.
Regional Analysis
The Asia Pacific holds the most prominent market. The abundance of raw material and the presence of key market players have made this region a coated paper market leader. Emerging economies such as China and India are propelling huge demand for coated paper due to the growing adoption of modern packaging and printing material.
Europe, with its inclusion of eminent market players and burgeoning growth in the use of natural, biodegradable paper specifically in food beverages and consum
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