Coated Paper Market Size, Share, Growth & Forecast | 2031

Report Description

The Global Coated Paper Market size was valued at USD 7.42 Billion in 2022 and is expected to surpass USD 10.47 Billion by 2031, expanding at a CAGR of 3.9% during the forecast period, 2023 – 2031. The market growth is attributed to the increasing demand for coated paper in the packaging sector, especially for food packaging, and the rising growth of high-end print media around the globe.

Coated papers, also known as gloss papers, are specifically designed papers, which are primarily coated with clay or polymers on one or both sides for matte or glossy finish. The use of polymers or mixture of materials offer different superior qualities to the paper such as surface gloss, smoothness, increasing or reducing weights, and reducing ink absorbency. Different types of coating formulations can also increase the durability of the paper.

Get Free Sample Report

Coated papers are bacteria-repelling, waterproof, and dust resistant, due to which, they are widely used for high-end printing media including magazines, newspaper inserts, and catalogues. Moreover, coated papers primarily deliver bright images and smooth yet sharp textures, which are widely suitable for art and advertising purposes.

Coated papers normally come with different options such as matte, satin, gloss, and dull. Matte coated paper is non-glossy and comes with very little sheen while satin coated paper is less shiny that comes with sharp and vivid colors. On the other hand, gloss paper has a high sheen with high color definition and is less expensive than dull and matte paper. Dull coated paper is low glossy and comes with smooth surface.

Coated papers are extensively used for high-end printing such as magazines, journals, and book cover as these types of papers can deliver brighter and sharper images, which offer better reflectivity. Some of the key coated materials used for coated papers are calcium carbonate, kaolinite, wax, polyethylene, bentonite, and others. Manufacturers are shifting toward eco-friendly, creative and bio-degradable coating material for better environment, which present key aspects of the global coated paper market.

COVID-19 Impact on Coated Paper Market

The market report finds that COVID-19 pandemic had adversely impacted the global coated paper market. The pandemic caused sudden disruption in the supply chain and delayed timely supply of raw materials to manufacturers, which resulted in the sharp decline in the overall production of coated papers globally.

Strict preventive measures such as social distance protocols declared by governments around the globe and the lack of labors in the packaging sector forced manufactures to delay or reschedule their production of coated papers. Moreover, the sluggish demand for packaging, impacted by the slowdown of global trade during the pandemic, had a negative impact on the global coated paper market.

Coated Paper Market Dynamics

The research report presents a complete overview by providing detailed information about the current market trends, existing drivers, growth opportunities and potentials, and emerging challenges. The global coated paper market report has up-to-date insights about market dynamics and market scenarios that can shape the overall market performance and output during the forecast period, 2022 to 2030.

Get Free Sample Report

Major Drivers

• Growing demand for high-end printing papers

Growing demand for coated paper is largely influenced by the increasing demand for high-end printing papers. Coated paper is majorly used for printing magazines, calendars, books, and high-end labels as the paper can produce high-resolution images and have high visual clarity. This paper can also provide high-quality of text and image printing, due to its glossy characteristic.

• Rising demand for coated papers in the packaging industry

Increasing demand for coated paper in the packaging industry is due to the wide availability of high-quality coated papers including polyethylene coated paper, which provide strong barrier for moisture, grease, and dirt. A range of coated papers are highly used for food and beverage packaging, especially for liquid packaging such as juices and milk. The rising growth of e-commerce platforms and home delivery services majorly in developing countries is another key factor boosting the market.

Existing Restraints

Coated paper is made up from different types of wood pulp. The price volatility of wood pulp is a major concern in the coated packaging sector that can result in a negative impact on the global coated paper market. A sudden volatility in wood pulp price is primarily caused due to massive disruption in global supply chain, especially transport.

The inconsistency in the quality of wood pulp can be another restraint to the market since wood pulp quality is largely depending on climate factor, mainly water availability in those specific areas and regions. Moreover, packaging companies must constantly update their operation methods and policies to meet environmental clearance regulations from government agencies, which acts another major challenge for the market.

Emerging Opportunities

Coated paper can be used for various applications especially in the packaging industry. Manufactures are shifting toward environment friendly coated materials to reduce the carbon footprint and enhancing the sustainability of coated materials for packaging purposes. Coated paper is an alternative source of packaging material for non-compostable plastic.

With the increasing R&D programs on recycling packaging materials from players, the rising availability of recycled coated paper is likely to create lucrative opportunities for the global coated paper market players during the forecast period.

Scope of Coated Paper Market Report

The global coated paper market research report includes an assessment of the market trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Coated Paper Market Segment Insights

Based on type, the global coated paper market is divided into standard coated fine paper, coated fine paper, low coat weight paper, coated groundwood paper, art paper, and others.

In 2021, the coated fine paper segment held more than 65% share of the overall coated paper market revenue and is anticipated to hold a key share of the market in the coming years due to the rising demand for magazines, high-end printing books, and catalogs.

Coated fine paper is produced from chemically bleached pulp, which is highly used for high-end printing. Coated fine paper has some major properties such as high brightness that can deliver high-end images and sharp designs.

The coated groundwood paper segment is expected to expand at a significant growth rate during the forecast period owing to the increasing demand for eco-friendly and high economic use of the paper type in the paper industry. Coated groundwood paper has smooth surface with less ink absorption capabilities and lightweights. Coated groundwood paper can be used for books, magazines, calendars, and brochures.

On the basis of coated material, the global market is segregated into precipitated calcium carbonate (PCC), ground calcium carbonate (GCC), wax, kaolin clay, and others. The precipitated calcium carbonate (PCC) segment is projected to register a considerable CAGR during the forecast period due to the easy availability of PCC for industrial use.

Unlike GCC, PCC is produced synthetically, thereby, manufacturers can control and manipulate its physical and chemical properties of particles to enhance performance and durability. Using PCC, manufacturers can easily design the desirable particle shape, particle size, surface area and particle size distribution as per end-users’ requirements. PCC can enhance opacity and brightness of the paper.

The ground calcium carbonate (GCC) segment accounted for a key market share in 2021 and is anticipated to exhibit a healthy growth rate in the coming years owing to the wide use of GCC for coating paper due to its excellent properties such as improving paper quality and brightness. GCC is primarily mined from large natural deposits of mineral ore that help in improving opacity, gloss, and brightness of the paper.

Get Free Sample Report

Based on application, the global coated paper market is segmented into printing, packaging, labels, and other. Packaging and labeling segments together held more than 60% share of the overall revenue of the coated paper market.

The packaging segment is expected to expand at a significant growth rate due to the rising demand for polyethylene coated paper for packaging purposes, especially in food packaging and cosmetics packaging. These papers provide an extended shelf life of packed foods and prevent moistures to keep the food content fresh.

The rapid growth of the e-commerce industry is a major factor for increasing use of coated paper. Increasing consumer preference for food delivery services can give a major boom for coated paper market as most of the online retailers widely use coated paper for packaging fresh food products.

Printing is another major segment, and the printing segment is expected to witness substantial growth as Industrial manufacturers often use coated paper for better printing quality. Coated papers provide better quality and uniformity in printing with easy-to-read detailing in printing process due to bright images and high-printing resolution of these papers.

Printing is easy and effective on the coated paper due to its high glossy nature, which plays a crucial role in the wide use of the papers for high-end magazines and catalogues. The clear glossy sticky papers are extensively used for labeling too. Glossy coated paper can give premium look for labeling. One side of glossy coated paper is used for labeling and tags for barcodes.

In terms of regions, the global market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The Asia Pacific market size accounted for a sizeable share in 2021 and the region is expected to dominate the market during the projected period due to the rapid growth of e-commerce channels and the massive expansion of food delivery services.

The market in Asia Pacific is anticipated to expand at a CAGR of 3.5% during the forecast period owing to the rising consumer demand for packaged fresh food and better food delivery platforms. Among emerging economies in Asia Pacific, India and China have a large consumer base for food products and a large pool of their population are increasingly shifting toward home food delivery services.

In Asia Pacific, the e-commerce sector and the packaging industry are growing significantly that help boost the regional coated paper market. Europe constituted a major share of the overall revenue for the global coated paper market and the market in the region is likely to register a considerable CAGR during the forecast period.

Europe already has the well-established packaged food & beverages industry and witnessed a massive growth in the packaging industry, which presents a major factor driving the Europe coated paper market. In the region, players are increasingly shifting toward recycled coated paper for food packaging and labeling for beverages bottles due to governments’ encouragement regarding the use of sustainable and eco-friendly packaging material.

Get Free Sample Report