Published Date: 31-Dec-2019
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According to a new report Global Coated Paper Market, published by KBV Research, The Global Coated Paper Market size is expected to reach $36.4 billion by 2025, rising at a market growth of 4.4% CAGR during the forecast period. The market is driven by the growing need for delivering goods to be packaged and labeled. Rising e-commerce worldwide is a major driving force in increasing the adoption of online shopping and goods delivery, influencing demand for coated paper.
The Coated Mechanical market dominated the Global Coated Paper Market by Type 2018. Coated woodfree segment is anticipated to witness promising growth over the years to come due to the growing adoption of agro-and fiber-based papers.
Packaging and labeling accounted for significant revenue across the global market in 2018. Increasing use of flexible paper packaging solutions in comparison to flexible plastics has emerged as a major component in the worldwide packaging industry, providing potential opportunity for coated paper. The Printing market is anticipated to witness a CAGR of 5.2% during (2019 - 2025). Additionally, The Others market is would witness CAGR of 8.4% during (2019 - 2025).
North America gained the largest market share in 2018, as the region is home to many leading manufacturers, which have led to a large-scale production of coated paper. The Europe market is expected to witness a CAGR of 4.2% during (2019 - 2025). Additionally, The Asia Pacific market is poised to grow at a CAGR of 5.3% during (2019 - 2025).
Structural Insights: https://www.kbvresearch.com/coated-paper-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Oji Holdings Corporation (Mitsui Group), Stora Enso Oyj, Nippon Paper Industries Co., Ltd., Michelman, Inc., Solenis LLC (BASF SE), Imerys S.A., Arjowiggins SAS (Worms & Cie), Minerals Technologies, Inc., Penford Corporation (Ingredion, Inc.), and The Dow Chemical Company.
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