The Premium Paper Is Expected to Grow at A Significant Growth Rate, And the Forecast Period Is 2023-2030, Considering the Base Year As 2022.
The manufacture, distribution, and use of premium paper goods intended for niche markets and premium applications are all included in the premium paper market. Superior quality, strength, and visual appeal define premium paper, which frequently has improved texture, finish, and printing capabilities over regular paper grades. Stationery, fine art paper, specialty envelopes, premium packaging materials, and high-end printing sheets for luxury publications and marketing materials are just a few of the premium paper items available in this industry. Paper weight, texture, opacity, sustainability certifications, and compatibility with printing technology are important factors to take into account in the market. Demand from sectors such publishing, advertising, graphic design, and luxury goods, as well as developments in environmentally friendly packaging and sustainable materials, all have an impact on market dynamics.
Top Key Players Covered in The Premium Paper Market
International Paper Company (US), Stora ENSO (Finland), Nippon Paper Group Inc (Japan), Mondi PLC. (South Africa), Sappi Ltd (South Africa), Domtar Corporation (US), Glatfelter (US), Fedrigoni(Italy), Munksjo Group (Finland), ITC Ltd (India), Fujifilm (Japan), Kodak (US), Canon(Japan), Paperera de Girona S.A. (Spain), LC Paper Group (Hong Kong) and Other Major Players
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Segmentation Analysis of The Premium Paper Market
Premium Paper market segments cover the Type, application, and Raw Materials. By Type, the Packaging Paper segment is Anticipated to Dominate the Market Over the Forecast period.
By Type
- Packaging Paper
- Decor Paper
- Release Liner Paper
- Printing Paper
By Raw Material
- Pulp
- Additives
- Coatings
- Fillers & Binders
By Application
- Printing & Writing
- Industrial
- Packaging & Labeling
- Building & Construction
The Premium Paper Market Trend Analysis
Increasing Demand for Premium Packaging Sheets
- Premium paper is most frequently used for two things: ready-to-eat meals and quickly moving consumer products. It is anticipated that as the food industry uses more packaging due to these factors, the demand for Premium Paper would rise.
- Food goods can also be wrapped or packaged using the qualities of specialty paper. In the food packaging industry, it would increase demand for specialty paper.
- A strong worldwide product demand has resulted from the need for various paper forms, sizes, volumes, and lengths across all industries. The market will be impacted by the environmentally conscious and low-ecological footprint packaging industry's rapid expansion.
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Growing Packaging Industry in the Market
- One of the main trends in the global packaging market is manufacturers' constant launch of new goods. New products from some vendors will force other vendors to innovate as well in order to stay competitive in the global packaging market.
- Amcor Plc's new AmFiber is a recyclable container that may be used for soups, candies, coffee, drink powders, and nibbles. Ball has announced that it would open a new manufacturing facility in the Peruvian city of Chilca in June 2022 in response to the growing demand for aluminum cans worldwide. The factory is scheduled to open in 2023 and has an annual manufacturing capacity of more than one billion beverage cans. Global suppliers are growing their customer base by broadening their product offerings and geographic reach.
By Region
- North America (US, Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
Key Industry Developments in the Premium Paper Market
In March 2022, Stora Enso Oyj launched renewable and recyclable materials CarrEco Brown for shopping and takeaway bags. It is made up of 100% fresh fibers and has high strength and tear resistance.
In March 2022, Along with Beck Pack Automation, Mondi introduced a versatile and sturdy paper-based packaging solution for the eCommerce market. Useful Barrier Paper can replace needless plastic packaging, allowing shipments to arrive safely in eco-friendly and appropriate packing. The solution is composed of 95% paper and is recyclable across all paper waste streams in Europe.
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