Asia Pacific is expected to register the fastest revenue CAGR due to increasing end-use industries for packaging such as personal care products, food & beverages, pharmaceutical manufacturing, and online retail. Similarly, Europe is also projected to witness strong growth.
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Asia Pacific
The Asia Pacific regional market development trend of the coated paper industry is expected to witness strong growth during the forecast period. Increased awareness of reducing plastic use and increasing popularity of sustainable packaging materials are some of the factors driving the market.
Food & beverage and pharmaceutical end-use verticals are expected to dominate the Asia Pacific PLA coated paper market due to rising demand for antimicrobial products and environment-sensitive coatings. Additionally, burgeoning demand for personal care and cosmetic products is also projected to contribute positively to the coated paper market in this region.
However, the Corona virus pandemic (COVID-19) has negatively impacted the global coated paper market in 2022 as supply chain was disrupted and consumption decreased due to lockdowns imposed by governments globally. Additionally, COVID-19 is creating opportunities for manufacturers to develop antimicrobial tissue products that can combat the virus effectively.
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Europe
Europe is one of the key regions of the coated paper industry. Its market is expected to grow at a rapid rate during the forecast period. This is mainly due to the increasing demand for barrier coating materials in the food, pharmaceutical and electronics industries.
The Europe market for coated PLA paper roll is dominated by Germany, which held the largest share in 2020. The growth of the industry in Germany is attributed to the presence of a strong manufacturing base and the increase in demand from end users.
The Europe coated paper market is segmented on the basis of product type (Coated Ground Wood Paper, Standard Coated Fine Paper, Low Coat Weight Paper, Pigment Coated Paper, Art Paper and Enamel Paper), coating layer (One-Side Coated and Two-Side Coated), coating material, finish, and application. The market is analyzed and forecasted for the period 2022-2030.
North America
Coated paper is a type of specialty paper, mainly produced from chemically bleached pulp. Its main features include high brightness and good grammage.
Moreover, it is bacteria-repellent, waterproof, and dust resistant. These properties make it suitable for printing media such as magazines, newspaper inserts, and catalogues.
It is also a food-grade product, so it can be used extensively for packaging dry food products. Hence, the food packaging market has increased its demand for coated paper.
Based on end-use industry, the North America coated paper market is segmented into food & agriculture, print media, education, and others. The food & agriculture sector accounted for the largest share in 2020.
The region has a growing population, which has led to increase in demand for food and consumer preferences. The thriving e-commerce industry and online trade are also expected to drive the market growth in this region.
Middle East & Africa
The Middle East & Africa regional market development trend is driven by the rising demand PLA paper in sheet for paper packaging, especially in food and cosmetics. It is also propelled by the growing e-commerce industry and the rising demand for reusable and biodegradable packaging materials.
A new report published by Data Bridge Market Research estimates that the Middle East & Africa coated paper market will grow at a CAGR of 3.8% from 2022 to 2030. This growth is driven by new advances in paper coating technology coupled with consumers’ changing and improving lifestyles.
The report provides a comprehensive analysis of the regional coated paper market, including an assessment of the key trends, market drivers, and opportunities. It also examines the competitive landscape of the market and profiles major players. Several key points are discussed in the report, such as company overview, financials, product offerings, marketing strategies, Middle East and Africa presence, production sites and facilities, and production capacities.
