Market Overview
The global coated paper market is estimated to reach at a high CAGR during the forecast period (2021-2028).
Coated papers are paper that are coated with matte finishes, glossy and semi-gloss. Coated paper is treated with a mixture of chemicals and materials to improve surface properties such as gloss, weight, smoothness, and ink retention. The coating materials typically used are clay, calcium carbonate, kaolinite, bentonite, and talc. Polymers, such as polyethylene and polyolefin, are used to impart waterproof and tear strength characteristics. Moreover, the coating material is mixed with certain chemical additives, such as resins and dispersants, to enhance wet strength and UV resistance. The coating makes the base paper less porous, which is ideal for printing applications. Product demand is also propelled by rising impact of advertisements in media such as newsprints, magazines, brochures, and catalogs. Coated papers consists of a layer of clay or polymer applied on either or both sides. Such paper sheets result in brighter and sharper images in printing, and also offers better reflectivity compared to uncoated variants. The layer also adds a glossy and shining texture to the paper, giving it a professional touch to be used in magazines and other publications.
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Market Dynamics
One of the important factors driving the growth of the coated paper market is the increasing utilization of coated paper across the packaging industry. The shifting global trend towards the use of eco-friendly products and ban of plastic packaging in the food & beverages industry is making a shift towards the usage of bio-based and degradable packaging materials. This trend is anticipated to increase the growth of the coated paper market during the forecast period. Furthermore, with the growing environmental concern and government initiatives to reduce plastic consumption across various geographies are projected to be another factor for the growth of the coated paper market during the forecast period.
Development of Customized Grades According to Applications
Many global established players operating in the coated paper market are manufacturing different grades or specifications of coated papers according to need of the applications. New grades of coated paper are being developed for packaging applications. Coated paper being a food grade product, it can be used extensively in dry-food packaging. Properties of coated paper products such as, thermal stability, moisture proofing, and mechanical flexibility proves essential for the food packaging industry. Thus increasing the need for different types of packaging materials is increasing globally.
Rising internet trade and online sales
Online calendaring will showcase the highest growth over the forecast period. This can be due to the technological advancements along with faster calendaring process compared to the online calenders. Furthermore, online calenders are available in a wide range of types including hard nip, soft nip, and multi nip calenders among others making them ideal for a wide range of applications.
Market Segmentation
By Coating Material
Calcium Carbonate
Talc
Nitrates
By Type
Coated Fine Paper
Coated Groundwood Paper
Others
By Region
North America
South America
Europe
Asia
Middle East & Africa
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Competitive Landscape
The coated paper market is highly competitive, owing to the presence of big food brands. The key coated paper market players which are contributing to the growth of the global market include Nippon Paper Oji Holdings Corporation (Japan), Stora Enso Oyj (Finland), Industries Co. Ltd (Japan), Asia Pulp & Paper (Indonesia), Arjowiggins SAS (France), UPM-Kymmene Corp (Finland), Burgo Group SpA (Italy), Sappi Limited (South Africa), NewPage Corporation (US), Ballarpur Industries Limited (India), JK Paper Ltd (India), Minerals Technologies Inc. and others.
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