In 2022, the global postal stamp market stands at a valuation of USD 211.79 billion, and it’s on a trajectory of steady growth. Projections indicate a compound annual growth rate (CAGR) of 4.7% from 2022 to 2032, ultimately reaching an estimated valuation of USD 335.25 billion by 2032.
The digital revolution has transformed communication, leading to a decline in traditional postal services and a reduced demand for postage stamps. However, the postal stamp market, though experiencing slow growth, is far from becoming obsolete, as it continues to serve essential functions. Nevertheless, the rise of electronic stamps is expected to pose challenges to the traditional postal stamp paper market in the coming decade.
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The postage stamp paper market’s expansion is driven by the increasing demand for postal services worldwide. This specialized paper provides security against fraud in postal deliveries and extends its utility to legal services in courts, agreements, and various government activities, ensuring the lawful execution of processes.
Interestingly, the investment appeal of individual stamps is driven more by their popularity and availability than their historical price performance. The market is marked by intense competition among buyers and sellers. Market leaders are introducing innovative features like excellent perforation, self-adhesive applications, colored and flavored adhesives, and frangibility to cater to evolving consumer preferences. This dynamic market promises growth and innovation in the years to come.
Postage Stamp Paper Market: An Overview
Postage stamp paper is made up of cellulose fiber with flattened weaved structure. These are generally shaped into sheets. In postage stamp paper, stamp design is applied on one side and the glue or adhesive is applied at the other. Although, the paper used for postage stamp printing can be made into sheets or it can be a part of the roll before being cut to specific sizes. The fibers which are commonly used for the manufacturing of postage stamp paper are wood, bark, and straw including some grasses. For improving durability and strength of postage stamp paper, cotton rags or linen have been added.
The postage stamp paper can be divided into various types including – quadrille, wove paper, laid paper, granite, glazed, enameled, and baton among others. Wove paper is even and smooth with uniform texture throughout. Wove postage stamp paper when exposed to light, show small points very close together. Contrarily, laid paper has very close parallel lines with cross wires at particular intervals. In a similar way, different types of paper offers different characteristics. Overall the outlook for the stamp paper market is supposed to be positive during the forecast period.
Postage Stamp Paper Market: Dynamics
Postage stamp paper market is supposed to expand on the backdrop of rising postal services across the globe. Postage stamp paper offers security against fraud during the postal delivery services. Apart from it, the postage stamp paper is used in legal services such as courts, agreements, and other government activities for carrying out processes lawfully. Postage stamp papers are either judicial or non-judicial. Judicial postage stamp paper is used in courts, and non-judicial postage stamp paper is used for the execution of papers and documents including commercial agreements. Instead of cash transaction during judicial work, postage stamp paper is used as a payment mode to avoid forgery.
The government also generates revenue through the sale of postage stamp papers. These factors are expected to drive the global postage stamp paper market during the forecast period. The trend of collecting postage stamp paper among people is running long since past decades. The stamp collectors and philatelists understand the uniqueness and importance of postage stamp paper. This factor is supposed to propel the demand for the global postage stamp paper market during the forecast period. The rising use of electronic stamps in the market is expected to hamper the postal stamp paper market during the next decade.
Postage Stamp Paper Market: Key Players
Some of the key players operating in the global Postage Stamp Paper market are:
- Tullis Russell
- UPM Raflatac
- Goznak
- Security Papers Limited
- Adminware Corporation
- Kaizen Metal Forming Private Limited
- B N Paper Company
- Glatfelter
- FNMT-RCM
- Stamped Paper Co.
- Seaman Paper Asia
Market Segmentation:
On the basis of fiber used,the postage stamp paper market is segmented into:
- Wood
- Bark
- Straws
- Others
On the basis of paper type,the postage stamp paper market is segmented into:
- Laid
- Wove
- Batonne
- Glazed
- Others
On the basis of application,the postage stamp paper market is segmented into:
- Judicial Purposes
- Non-judicial purposes
- Postal Services
- Personal interest (Collection)
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Postage Stamp Paper Market Reports Highlights:
- A detailed overview of the parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current, and projected market size regarding volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies for key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
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.
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