Printing Paper Market Set to Surpass US$ 95 Billion by 2032, with a Steady CAGR of 5.6%: Insights from Future Market Insights

The Printing Paper Market is poised for robust growth, projected to reach a value of $95 billion by the end of 2032. Fueled by a steady 5.6% CAGR from 2022 to 2032, this sector responds to escalating demands from packaging, printing, and e-commerce industries. Its significance extends beyond paper, impacting corrugated boxes, paperboards, and envelopes. The sector’s evolution is intertwined with technological advancements, urging manufacturers to innovate for increased customer value. As the backbone of billing processes, the market benefits from the symbiotic relationship with retailers. This dynamic landscape underscores the pivotal role printing paper plays in sustaining global industries and transactional efficiency.

The global paper industry is undergoing rapid transformation and plays significant role in the global packaging industry. In addition to manufacturing of packaging products such as corrugated boxes, paperboards or envelopes, papers are also used for the production of printing paper for printing purposes.

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Printing paper manufacturers need to explore new ways to create value for their customers due to changing technologies. Other than that, printing paper are used in various official works. The printing paper market will also receive a push from a rise in business activity and the accompanying increase in transactional and business communications documents. Printing papers are customizable as per requirement and are available in various types, sizes, and qualities.

Market Dynamics:

Printing paper mainly finds applications in offset printing and laser imaging. Printing paper market will receive a boost from the general rise in business activity and the accompanying expansion of transactional and business communication document. In the emerging market, the Printing paper market will be driven by urban population growth, rising disposable income with increase in print technology. One of the factors which is expected to accelerate Printing paper market growth is TransPromo revolution.

TransPromo means a transaction document that consists of a promotional message that is placed aside of essential transactional information. Companies are starting to use these trends to create effective customer dialogues, which promote products and services. Another major driver which is expected to speed up growth of printing paper market is the presence of active and healthy postal system. Electronic media is a major competitor which hampers growth of printing paper market.

Rapid transformation of graphics industry is expected to hamper growth of the global Printing paper market. Furthermore, as the digital technology increases, there will be growth in acceptance towards reading and writing work on the screen, which might affect growth of printing paper market. But now it enters a period of decline in next decade after being one of the most prominent technologies in the last decade.  Printing paper manufacturers need to align their own product innovations to take advantage of the technological developments.

Regional Outlook

Based on regions, the printing paper market is divided into seven regions:

  • North America
  • Western Europe
  • Asia-pacific except Japan
  • Eastern Europe
  • Latin America
  • Middle East & Africa
  • Japan

The mature markets such as North America and Western Europe are expected to show moderate to low growth in printing paper market due to consumer preference for the digital printing and electronic media. For instance, the rate of uncoated paper has fallen to various tons per dollar. Emerging markets such as Asia Pacific and Latin America are expected to push growth of global Printing paper market due to rise in population as well as disposable income. MEA is expected to witness steady growth in printing paper market due to deficient technology in this region. Overall, the global Printing paper market is forecast to enjoy moderate growth in the forecast period.

Key Players: 

Few of the key players operating in the printing paper market are – International Paper Company, Clearwater Paper Corporation, Antalis S.A., Guangzhou Xinyi Printing Co., Ltd., Boise Paper, Mondi Group, Papico Limited, White Birch Paper, Australian Paper, BJ Ball Papers,  and American Eagle Paper Mills.

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Regional analysis includes

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Market Segmentation: 

On the basis of type,

  • Coated
  • Uncoated

On the basis of end use industry,

  • Printed advertisement
  • Security printing
  • Commercial printing
  • Mass communication
  • Educational

Author

Ismail Sutaria (Lead Consultant, Packaging and Materials) has over 8 years of experience in market research and consulting in the packaging & materials industry. Ismail’s strength lies in identifying key challenges faced by the client and offering logical and actionable insights to equip the clients with strategic decision-making power.

Ismail has been an instrumental part of several transformational consulting assignments. His key skills include competitive benchmarking, opportunity assessment, macroeconomic analysis, and business transformation advisory. Ismail is an MBA holder in Marketing and has a Bachelor’s Degree in Mathematics.

Ismail is a regular at industry conferences and expos and has been widely covered in electronic and print media. He is a Speaker at our upcoming Talk show – Rise of the Intelligent Packaging. Ismail has been quoted in leading publications, including the European Pharmaceutical Review and the European Adhesive Tape Association.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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