The global copier paper market size is estimated to reach US$ 15.1 billion in 2023. The market is anticipated to record a CAGR of 1.6% between 2023 and 2033 and is expected to reach a valuation of US$ 17.6 billion by 2033.
Throughout the forecast period, factors like a growing student population and a burgeoning educational sector are anticipated to boost the global copier paper market. A positive government policy is also anticipated to raise the market value.
A devoted group of readers who choose printed periodicals over online and other digital content. This, in turn, is expected to drive growth in the global copier paper market. They are anticipated to support the continued growth in demand for copier paper worldwide.
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Rising demand across different end-use industries and a rise in the use of photocopying equipment in emerging nations are expected to fuel market expansion. It now plays a significant role in educational institutions and government agencies. Owing to the comparatively low per capita income of paper, developing nations present attractive development opportunities for copier paper producers.
Increasing consumer demand for high-quality and reasonably priced paper is predicted to hasten the market’s expansion. Manufacturers are increasingly refocusing their attention on recycled materials and superior-quality paper. They also include cutting-edge technologies in producing copier paper that create a lucrative potential for the market’s expansion throughout the forecast period.
Asia Pacific dominates the copier paper market at present and is projected to retain its dominance during the forecast period. The market is primarily driven by the growing demand for printed materials in various sectors including education, government, and corporate sectors. The region is also witnessing significant growth in the e-commerce sector which is driving demand for printed packaging materials.
KEY TAKEAWAYS
- The market in India is anticipated to rise, exhibiting a CAGR of 2.9% through 2033.
- The United States is expected to develop at 0.5% CAGR during the forecast period.
- With a CAGR of 0.4% over the forecast period, France is predicted to develop rapidly in the market.
- The market in China is expected to proliferate, registering a CAGR of 6.9% over the forecast period.
- Germany is estimated to grow considerably, registering a CAGR of 0.6% until 2033.
COMPETITIVE LANDSCAPE
The top market players in the copier paper market are International Paper Company, Mondi Plc., North Pacific Paper Company, West Coast Paper Mills, Green Bay Packaging, South Coast Paper LLC, Domtar Corporation, Smurfit Kappa Group Plc., Nippon Paper Industries Co.Ltd., Oji Holdings Corporation, Georgia-Pacific LLC, Sappi Limited, Metsa Board Corporation, Daio Paper Corporation, and others.
The copier paper market’s producers are always working to raise the caliber and sustainability of their goods. They also give their consumers the best deal on copier paper. This is crucial to preserving and expanding their share of the very competitive copier paper industry. They are also concentrating on diversifying their product offerings. To achieve a competitive advantage, they are implementing a variety of expansion tactics, including partnerships, acquisitions, collaborations, and alliances.
RECENT DEVELOPMENTS
- In December 2022, Mondi Plc made the top digital color printing paper Color Copy original accessible in the United States letter size. The color gamut offered by Color Copy is among the premium ones in digital print. Color Copy is the eco-friendly option because it is Cradle to Cradle Certified® Bronze and CO2 neutral.
- In April 2021, the SFI® Small Lands Group Certification Module was given to Green Bay Packaging (GBP). It is the only company in the paper business to accomplish this.
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Developing Economies to Fuel the Demand for Copier Paper During the Forecast Period
Despite facing a decline in the developed markets, copier paper has seen an increase in demand in the developing economies. This can be attributed to the growing number of students in rural as well as urban areas. Overall, the Asian copier paper market is anticipated to show strong growth throughout the decade. Apart from Japan, the Asian market is expected to grow at a healthy CAGR. Latin America and Africa also represent attractive opportunities for growth. Paper manufacturers are performing strategic mergers and acquisitions to expand their presence in these markets and leverage the most out of the landscape. Consolidation is seen as a key strategy at the aggregate level, as paper manufacturers understand the declining nature of the market.
The key players in the global copier paper market are International Paper Company, North Pacific Paper Company, South Coast Paper LLC, UPM-Kymmene Oyj, Domtar Corporation, Nippon Paper Industries Co., Ltd., Mondi Group plc, Stora Enso Oyj, Smurfit Kappa Group Plc., Oji Holdings Corporation, Lisgop Sikar L’td., Georgia-Pacific LLC, Nine Dragons Paper (Holdings) Limited, Sappi Limited, Metsa Board Corporation, Daio Paper Corporation, Pratt Industries, Inc., Svenska Cellulosa Aktiebolaget (SCA), Packaging Corporation of America (Boise Paper), and Rolland Enterprises Inc. Many local and unorganized players are anticipated to contribute to the global copier paper market during the forecast period.
Copier Paper Market by Category
By Thickness:
- Up to 50 GSM
- 50 GSM to 80 GSM
- 80 GSM to 110 GSM
- 110 GSM to 130 GSM
By Paper Size:
- A/4 Copier Paper
- A/3 Copier Paper
- A/5 Copier Paper
- Other Sizes (A/0, A/1, A/2, etc.)
By Material Type:
- Virgin
- Recycled
By End Use:
- Commercial
- Consumer
By Region:
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- France
- Spain
- Russia
- Rest of Europe
- APEJ
- China
- India
- Malaysia
- Singapore
- Australia
- Rest of APEJ
- Japan
- MEA
- GCC Countries
- Israel
- South Africa
- Rest of MEA
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What to Expect in Our Report?
(1) A complete section of the Global Copier Paper market report is dedicated for market dynamics, which include influence factors, market drivers, challenges, opportunities, and trends.
(2) Another broad section of the research study is reserved for regional analysis of the Global Copier Paper market where important regions and countries are assessed for their growth potential, consumption, market share, and other vital factors indicating their market growth.
(3) Players can use the competitive analysis provided in the report to build new strategies or fine-tune their existing ones to rise above market challenges and increase their share of the Global Copier Paper market.
(4) The report also discusses competitive situation and trends and sheds light on company expansions and merger and acquisition taking place in the Global Copier Paper market. Moreover, it brings to light the market concentration rate and market shares of top three and five players.
(5) Readers are provided with findings and conclusion of the research study provided in the Global Copier Paper Market report.
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