Coated Paper Market to Grow at a Robust Pace During 2021-2026
The Coated Paper Market is segmented by Product Type (Coated Fine Paper, Coated Groundwood Paper, and Others), Application Type (Printing, Packaging, and Others), Finishing Process Type (Online Calendaring, Offline Calendaring), Coating Material Type (Clay, Calcium Carbonate, Talc, and Others), and Region (North America, Europe, Asia-Pacific, and the Rest of the World).
The market is segmented as coated fine paper, coated groundwood paper, and others. Coated fine paper is expected to account for the largest share of the market during the forecast period on account of the growing adoption of these papers due to their high grammage and superior brightness features. These are majorly used in offset printing applications for producing magazines, annual reports, catalogues, and advertising materials, boosting the segment’s growth during the forecast period.
On the other hand, coated groundwood paper is estimated to be the fastest-growing segment of the market during the forecast period owing to its smooth surface with significant minimization of ink absorbency abilities. These papers are lightweight, eco-friendly, cost-effective, and find application in magazines, brochures, and printing books, calendars where high stiffness and thickness are required.
The market is segmented as printing, packaging, and others. Packaging is expected to register a high growth rate in the market owing to the growing demand for papers in flexible packaging for food, cosmetic and medical products during the forecast period. Moreover, growing consumer awareness pertaining to single-use plastic is resulting in shifted inclination towards paper packaging in home-delivered products and consumer goods, fueling the segment’s growth during the forecast period. On the other hand, printing application is likely to account for a significant share of the market owing to the growing advertisement sector and rising demand for printed magazines, brochures, and direct mail by business corporate offices.
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