Coated
Paper Market – Overview:
Coated Paper are predominantly
utilized in numerous application such as packaging, printing, and labelling.
Coated Paper market is estimated to witness moderate growth due to their
wide utilization in end use industries as they possess excellent properties.
Moreover, increasing trend for bio-based and degradable packaging along with
strict regulations on the usage of plastic packaging in various countries have
provided a new momentum for the growth of the market. Among application
segment, printing is expected to register strong growth in the upcoming future
due to rising demand in media advertisement such as brochures, catalogues,
invitation cards, and pamphlets. In addition, among the product type segment,
coated fine accounted for the largest market share in 2016 in terms of value and
volume on account of wide utilization in advertising materials.
Request a Free Sample@ https://www.marketresearchfuture.com/sample_request/2098
Geographically, Asia Pacific emerged as the largest market for
coated paper in 2016 and is estimated to retain its dominance over the
assessment years on account of increasing demand from printing as well as
labelling industry. In addition, Asia Pacific is expected to witness healthy
growth on account of rising demand from various end use industries
specifically in China, India, Japan, Vietnam, Thailand, Malaysia, Taiwan, and
South Korea. Furthermore, rising per capita disposable income in this region
along with rapid industrialization has enabled greater production and sales of
printing products. Moreover, increasing demand for packaged food along with
increasing number of working professionals is expected to drive the market
growth. Moreover, increased investment by key players in their R&D
activities and shifting of coated paper manufacturing facilities due to
availability of inexpensive cost of labor and land in this region is estimated
to drive the coated paper regional market growth. Europe is estimated to
witness steady growth due to continuous growth of packaging industry in various
countries such as Germany, Italy, Spain, and UK. North American market is
estimated to register healthy growth due to increasing demand from end use
industries. The Middle Eastern & African market is expected to register
above average growth due to continuous growth of packaging industries
specifically in Qatar, Turkey, the United Arab Emirates, Oman, and Saudi
Arabia. Latin American countries such as Brazil, Argentina, and Mexico is
estimated to register moderate growth due to rising disposable income along
with strong consumer base for printing and labelling sector.
Competitive Landscape
The Coated Paper report has analysed the
level of competition among the key operating players as well as sector growth
and market scenario. The global coated paper market comprises a range of
manufacturers operating in the market which comprised of large scale and medium
size manufacturers. Some of the prominent market players operating in the
global Coated Paper industry has shifted their focus towards growth association
specifically by Asia Pacific as medium scale and small scale manufacturers are
from this region specifically from China, South Korea, India, Indonesia,
Thailand, Taiwan, Malaysia, and Japan. Moreover, the major operating players
are focusing on extending their product portfolio by strategic acquisition and
mergers, joint ventures, product launches, and exclusive agreements. Some of
the companies are expanding their manufacturing capacity of coated paper to
meet the growing demand for coated paper. Furthermore, some of the
manufacturers has launched a series of product to strengthen their position in
the market.
Access Complete Report @ https://www.marketresearchfuture.com/reports/coated-paper-market-2098
Industry/ Innovation/ Related
News:
February 2017-
Shurtape Technologies LLC, one of the leading manufacturer of pressure
sensitive tapes announced the acquisition of Syntac Coated Products, LLC. With
this acquisition, the company together provide a wide range of product
portfolio which includes cloth and duct, film, packaging, foil, masking and
paper and other.
February 2017- Cascades
Sonoco joint venture announced to invest around USD 16 million at its
Birmingham facility, Alabama, U.S. This investment bring the installation of
new equipment and is expected to produce 40,000 to 50,000 tons of sustainable
coated materials per annum.
March
2016- Huhtamäki established an agreement to expand the joint
venture relationship with Olayan Saudi Holding Company in Arabian Paper
Products Company. With this announcement the company is planning to expand its
footprint in Gulf Cooperation Council (GCC) countries such as Kuwait, Bahrain,
the United Arab Emirates, Qatar, Oman, and Saudi Arabia among others.
November 2016-
Expera Specialty Solutions announced to enhance its Rhinelander operations at
its former printpack building. This expansion is predicted to allow Expera to
bring new coater technology for their manufacturing process.
No comments:
Post a Comment