According to the recent study the coated paper market is projected to reach an estimated $55.1 billion by 2028 from $45.1 billion in 2023, at a CAGR of 4.1% from 2023 to 2028. Growth in this market is primarily driven by increasing demand for advertising and packaging in different industries, significantly growing internet trade and e-commerce industry, and the emergence of bio-degradable packaging solutions across the globe.

A more than 150 – page report is developed to understand trends, opportunities and forecast in coated paper market by product type (mechanical and woodfree), application (printing, packaging & labeling, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

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“Mechanical market is expected to remain the largest segment during the forecast period.”

Based on product type, the coated paper market is segmented into mechanical and woodfree. Lucintel forecasts that the mechanical market is expected to remain the largest segment due to increasing usage of coated paper in magazines, catalogs, inserts, and decorative pages as it possesses the ability to enhance the ink holdout feature while reducing ink usage and delivering better prints and images.

“Within the coated paper market, the packaging & labeling segment is expected to remain the largest application”

Based on application the packaging & labeling segment is expected to witness the highest growth over the forecast period due to significantly growing e-commerce industry and growing demand for flexible packaging in the food, medical, and cosmetic industries.

“North America will dominate the coated paper market in near future”

North America will remain the largest region due to presence of several leading manufacturers that results in the large-scale production of coated paper in the region.

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Major players of coated paper market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Oji Holdings Corporation, Asia Pulp & Paper Co., Stora Enso Oyj, Nippon Paper Industries Co., Michelman, BASF SE, and Imersys are among the major coated paper providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/coated-paper-market.aspx  or helpdesk@lucintel.com