Coated Groundwood Paper Market Size By Product Type (Grade 1, Grade 2, Grade 3, Grade 4, Grade 5), By Application (Printing, Packaging), By Geographic Scope And Forecast

Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format

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Coated Groundwood Paper Market Size And Forecast

Coated Groundwood Paper Market size was valued at USD 12.52 Billion in 2021 and is projected to reach USD 16.33 Billion by 2030, growing at a CAGR of 3.10% from 2023 to 2030.

An increase in the application of flexible paper packaging solutions over flexible plastics has developed as an important constituent in the packaging industry across the globe which is expected to augment the demand for coating groundwood paper. The Global Coated Groundwood Paper Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Coated Groundwood Paper Market Definition

So, groundwood paper? It's basically paper made from wood pulp that's been, well, ground up – not chemically treated like some fancy papers. Think of it as coming straight from coniferous trees. ?? It's easy on the wallet and bulks up nicely, making text pop, but it's not the strongest stuff. Now, you've got two main types– coated and uncoated. Uncoated Groundwood is brighter than your average newspaper, filled with lots of that mechanical pulp, and perfect for commercial printing and books. Coated groundwood paper, on the other hand, gets a special treatment – a mix of chemicals and materials to make it smoother, glossier, and better at holding ink. We're talking clay, calcium carbonate, and even stuff like kaolinite. And to make it tougher? They might even add polymers like polyethylene to make it waterproof and harder to tear! Pretty cool, huh?

To make the coating work better, we mix in some cool chemical additives like resins and dispersants that boost its wet strength and UV resistance. This coating basically seals up the base paper, making it less porous – perfect for printing! The result is a coated groundwood paper that's way brighter than the uncoated stuff. Though oddly, the color clarity is inferior to non-coated groundwood paper. You'll often find these lightweight coated (LWC) papers in magazines, catalogues & inserts; they're great with offset or rotogravure printing. Just a heads upthis coated paper tends to discolor as it ages, so it's not the best choice for documents, magazines, or books that need to last a long, long time.

Growing internet penetration and the booming e-commerce industry are the prime factors driving the market growth. The growing popularity of home-delivered food and household goods is creating an upsurge in packaging, which will boost the product demand in the upcoming years. Also, stringent regulations pertaining to plastic packaging are generating a gradual shift toward paper packaging, thus boosting the market share. However, fluctuations in the wood pulp prices and a decline in the supply of raw materials hinder the growth of the global coated paper market.

Global Coated Groundwood Paper Market Overview

E-commerce is booming, and that means a lot more stuff is showing up on our doorsteps! We're all ordering household goodies from online platforms, which is driving up the use of coated papers in packaging. Think about itall those boxes! Turns out, coated groundwood paper is a real winner in the packaging world because it keeps food safe, resisting both hot and cold temperatures. Plus, there's a growing trend to ditch flexible plastics for eco-friendly paper options, and that's only going to increase the demand for coated groundwood paper worldwide.

Plus, you're seeing more and more eco-friendly packaging these days, right? With a lot of places banning plastic in the food and drink world, there's a big push for packaging that's bio-based and can break down naturally. This is really expected to help the coated groundwood paper market grow. And let's be honest, a lot of us still grab magazines, newspapers, brochures, and catalogs. Maybe it's just a habit, or maybe it's because having them around just feels sophisticated. It's also true that print ads aren't as in-your-face as some other types of advertising. They give you unlimited exposure because you can look at them whenever you want, without some annoying time limit or interruption. Plus, if you're an advertiser, you get to choose exactly where your ad goes in the publication. All of this adds up to more demand for print ads, which, you guessed it, means more demand for that coated groundwood paper.

It looks like the global coated groundwood paper market could face some challenges with the rise of digital advertising, like internet and mobile ads. More and more companies are turning to digital marketing, especially social media, to create ads that are more interactive and engaging. Plus, they can reach a wider audience, faster, and without being limited by location! According to the Interactive Advertising Bureau (IAB) report, internet ad revenue hit a whopping USD124.6 billion in 2019. These new platforms – mobile phones, desktops, and social media apps – are letting advertisers improve how they deliver their services, opening up new revenue streams for marketers and broadcasters. On the bright side, there's a growing demand for eco-friendly, bio-based paper in the packaging industry, which could be a big opportunity for coated groundwood paper. For example, in November 2020, San Francisco passed a law banning traditional plastic bags used by larger stores for packaging, according to the constitutional rights foundation.

Global Coated Groundwood Paper Market Segmentation Analysis

The Global Coated Groundwood Paper Market is segmented on the basis of Product Type, Application, and Geography.

Coated Groundwood Paper Market, by Product Type

• Grade 1• Grade 2• Grade 3• Grade 4• Grade 5

When we look at the different kinds of these products, we can split them into categoriesGrade 1, Grade 2, Grade 3, Grade 4, and Grade 5. Right now, Grade 4 is the most popular, and we expect it to keep growing by about 2.70% each year. This Grade 4 type, which is a coated groundwood paper, has a brightness level between 73 and 78.9. Typically, Grade 4 is used in web printing, either offset or gravure, and it's mostly mechanical. You'll often find Grade 4 used for big print jobs like magazines and retail inserts. Because it's opaque and doesn't cost much, these papers are often called lightweight coated, or LWC. Basically, Light Weight Coated paper (LWC) is a general term for lighter paper that has a coating on it.

Coated Groundwood Paper Market, by Application

• Printing• Packaging• Others

When it comes to how coated groundwood paper is used, it's mainly split into three categoriesPrinting, Packaging, and Others. And guess what? Printing is the big cheese, holding the largest chunk of the market. We're expecting it to keep growing at a steady pace of 2.83% over the next few years. Why's printing so popular? Well, it's basically taking some ink and slapping it onto a surface to create words or pictures. In 2019, printing made up a whopping 46% of the coated groundwood paper market because it's used everywhere. Think about itcoated groundwood paper is super shiny and smooth, perfect for magazines (you know, the kind you might read for more than a month). That coating helps things get printed fast and offers a bit of protection. Plus, it's lighter, which makes transporting and storing it easier and cheaper for everyone involved.

Coated Groundwood Paper Market, by Geography

• North America• Europe• Asia Pacific• Rest of the World

Okay, so when we look at the coated groundwood paper market around the globe, we break it down into regionsNorth America, Europe, Asia Pacific, and the Rest of the World. And guess what? Asia Pacific is the big player! They currently have the biggest slice of the pie and are expected to grow the fastest, around 3.69% each year. Back in 2019, Asia Pacific already held a whopping 35% of the market, thanks to the busy printing industry. Why's Asia doing so well? Well, countries like China, India, Japan, South Korea, and Indonesia are booming, and they're using more and more coated groundwood paper for printing and packaging. Plus, with e-commerce taking off, there's a huge demand for fancy packaging, which is really helping the coated paper market.

Key Players

Want to know who's who in the "Global Coated Groundwood Paper Market"? This study dives deep, focusing on the global scene and spotlighting the big names like Oji Limited, UPM, Stora Enso, Nippon Paper Industries Co. Ltd, Sappi limited, Verso Corporation, Svenska Cellulosa Aktiebolaget SCA, Catalyst Paper Corporation, BURGO GROUP, and JK Paper Limited. Our report dedicates a whole section to these major players, giving you the inside scoop on their financials, plus product comparisons and a good old SWOT analysis. We also break down the competitive landscape, revealing key strategies, market share, and how these players rank worldwide.

Key Developments

• Nippon Paper Industries Co., Ltd. Inc. has signed a Capital and Business Alliance with Shikoku Kakoki Co., Ltd., With a view to expand in paper food packaging systems.

• UPM simultaneously invested in Combined-Heat-Power (CHP) in Nordland paper mill in Dörpen, Germany.

• Stora Enso acquired Swedish Cellulose Technology Company Cellutech AB. The acquired company has expertise in the development of new materials and applications based on cellulose, micro-fibrillated cellulose (MFC), and other wood-based components. The company acquired Cellutech AB with a view to expand its Biomaterials Division

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2018-2030

BASE YEAR

2021

FORECAST PERIOD

2023-2030

HISTORICAL PERIOD

2018-2020

UNIT

Value (USD Billion)

KEY COMPANIES PROFILED

Oji Limited, UPM, Stora Enso, Nippon Paper Industries Co. Ltd, Sappi limited, Verso Corporation, Svenska Cellulosa Aktiebolaget (SCA), Catalyst Paper Corporation, BURGO GROUP, and JK Paper Limited.

SEGMENTS COVERED

By Product Type, By Application, and By Geography.

CUSTOMIZATION SCOPE

Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope.

Coated Groundwood Paper Market Infographic

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We take a deep dive into the market, looking at it from every angle – both the economic stuff and the things you can't quite put a number on. You'll get the market value (in USD Billion) for every piece of the market, big and small. We'll point out which areas and segments are set to explode, and which ones are already the kings of the hill. We'll break down the market by region, showing you where the product is being used and what's driving those local markets. Plus, we'll give you the lowdown on the competition, including rankings of the top players, what new stuff they've launched, who's partnering with who, and who's buying up who. Each major player gets a detailed profile, complete with an overview, insights, how their products stack up, and a SWOT analysis. We'll also give you our take on where the market is headed, considering recent changes (like growth opportunities, what's driving things, and what's holding them back, both in up-and-coming and established areas). We'll even throw in a Porter's Five Forces analysis to really dig into the market, show you the Value Chain, and map out the market dynamics and future growth opportunities. And to top it all off, you get 6 months of analyst support after the sale.

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