Latest Industry News
Sappi North America has recently launched an educational guide about coated and uncoated paper myths and facts. Named “True or False” the guide contains popular urban legends and refutes the belief that coated paper is more expensive than uncoated. Additionally, the guide compares performance abilities, environmental benefits, image quality and costs.
The Korean Trade Commission (KTC) of South Korea has set anti-dumping duty rates to encourage the local coated paper industry. KTC set a 16.23% duty on Japanese products for the next five years. Meanwhile, chinese goods are levied 5.9 – 16.23% tarrifs and 12.94% on Finnish coated paper products.
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 consumer goods.
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Paper is an all pervasive medium that has a wide range of applications. Coated Paper has gained significant traction due to its properties such as dirt resistance, reduced wear and tear and the flexibilty to tailor the product to specifications. The product has applications primarily in packaging, printing, and labelling. The Global Coated Paper Market is projected to grow significantly during the forecast period. Government bans on plastic, and a growing preference for biodegradable packaging options are some key motivators for growth.
Market Research Future (MRFR) has published a detailed report about the Global Coated Paper Market. It offers various insights and a comprehensive understanding of the market and the trends and threats that are expected to affect growth. MRFR has predicted market value of USD 51.5 billion by 2022 and CAGR of 4.3% during 2016 to 2022.
There has been a strong adoption of Coated Papers that is expected to continue due to the amount of customisation that medium offers. A variety of options in textures, quality and other properties allow the medium to be used across varying industries. Coated Paper is witness a huge demand for flexible packaging, specifically in the food and beverage sector. Another factor that is expected to influence growth is the widespread demand for print images of high quality.
However, the difficulty associated with recycling of coated paper, and the gradual shift to low cost non-coated paper in some end user industries are expected to restrain the market during the forecast period.
The Global Coated Paper Market has been segmented by Raw Materials, Product Types, Applications and Region. Segmental evaluation allows for a complete assesment of the market and assists in identifying factors that affect the market.
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 it’s 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 it’s extensive use in advertising and as art paper.
By Applications, the market has been segmented into packaging, printing, and labelling. Printing holds the largest segment due to it’s widespread demand for use in print advertising.
By Region, the market has been segmented into North America, Europe, the Asia Pacific (APAC), the Rest of the World (RoW).
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