September 2020
bwc20160

186
global cultural paper market size industry trends outlook report bwc20160
Global Cultural Paper Market
Size - Industry Trends & Outlook Report 2027
Global Cultural Paper Market is
estimated to be USD by 2027 from USD in 2020, at a CAGR of from 2021 to 2027.
Increasing the requirement of advertisements, mainly by private educational
institutes, and the growing popularity of magazines for enhancing knowledge
will push the growth of the global cultural paper market growth. Furthermore,
higher cultural paper usage in notebooks, textbooks, and product guides
provides profitable growth to the global cultural paper market over the
predicted period. However, the accessibility of e-magazine may hinder the
market. Cultural paper is fabricated of fresh wood fiber that provides a clean surface,
brightness, and opacity to paper.
Global Cultural Paper Market:
Market Outlook and Trends
Cultural paper is made of fresh
wood fiber that offers a clean surface to paper, brightness, and opacity. These
papers mainly comprise offset paper, lightweight paper, and coated paper. In
addition to this, coated paper is a premium-quality printing paper that comes
in white coating and is mainly used as illustrations and cover for colored
pictures, high-class periodicals and books, and upscale commercials.
Global Cultural Paper
Market
Growth Drivers
Increasing demand from various
end-user segments
The requests for paper from the
major end-user sections are motivating the growth of the market. Paper wants
for direct marketing account for 32 percent of the total demand, followed by
magazine printing for 23 percent, home & office usage for 19 percent,
newspapers for 19 percent, and books and directories for 7 percent. The
industry's restraints comprise order backlogs, diverse lead times, mill ends by
manufacturers, and changes in production volume.
High demand for premium and
high-quality paper
Recent low-cost inventions in
ecological paper and premium technical advancements are creating a new drift in
the industry. Premium and high-quality papers are being developed to meet high
print performance morals. Best digital severe tear coated paper is replacing
synthetic paper usage. Paper factory-made from grass without bleach and
chemical usage is being used to manufacture packaging material. Eco-friendly
certifications are gaining importance as high-performance paper.
Restraint
The instability in wood pulp
prices may have a hostile influence on the cultural paper market's growth
during the prediction timespan. Economic cycles and global supply & trade
disturbances cause a significant shift in the prices of wood pulp. Moreover,
the obligation for huge capital investment may hinder the market growth in the
future. These savings cover costs related to land, the production plant
setting, needed equipment, permits, etc.
Impact of COVID-19 in industry
The unexpected outbreak of
COVID-19 has been condemning numerous nations crosswise the globe and cause
dangerous trials to paper and packaging manufacturers. Therefore, cultural
paper manufacturers also must face fluctuations in demand for raw materials as
the novel coronavirus pandemic strengthens, resulting in disorderly effects on
production and revenues, and supply, thereby hampering the market growth in
recent years. Besides, the availability of substitutes such as e-books &
e-magazines is considered a major compelling factor in the market growth over
the prediction period of 2021-2027.
Global Cultural Paper Market:
Segmentation
The global Cultural Paper market
is segmented according to type, application, and region.
Based on type, the coated paper
segment is predicted to lead the coated paper's market during the prediction
period. Growing demand from high-end printing of books, magazines, financial
reports, and promotional materials has led to a surge in coated paper
consumption in the printing industry. Coated paper, also being an eco-friendly
product, is considered a food-grade product, due to which it is being used
widely in the food and pharmaceutical industries.
The packaging is the main
application section of the cultural paper market. The packaging application
segment contains food packaging, cosmetics packaging, and pharmaceutical
packaging. The request for cultural paper for packing from Asia-Pacific was the
highest in 2015.
Global Cultural Paper Market:
Regional Insights
North America held the largest
share in terms of volume in 2018, accounting for 35.8% that year, and the
market is primarily driven by the high rate of production in the U.S. The
region is also home to several leading manufacturers, which has resulted in
large-scale production of cultural paper. By revenue, North America is expected
to register a CAGR of 3.5% from 2019 to 2025. Corporate profit is a major
contributor to the U.S. economy; therefore, businesses rely heavily on paper products,
which poses a significant opportunity for growth.
Asia Pacific can display a
revenue based CAGR of 3.7% from 2019 to 2025 because of the growing production
and consumption of cultural paper in the global market. The region is home to
some of the significant paper consuming countries such as India and China,
which has augmented its possibility across industries.
Competitive landscape
The leading players in the
Global Cultural Paper Market include UPM, SCA Kruger, Stora Enso, Catalyst
Paper, Evergreen Packaging, Burgo Group, Nippon Paper, Sappi, Oji Paper, Sun
Paper Chenming Group, Gold East Paper, Ningbo Zhonghua Paper, Shanying
International, International Paper and other prominent players.
Recent Developments
·
March 2, 2018 - “Sinolink
Securities – APP (China) Special Asset Support Plan of ‘The Belt and Road’ (B
& R)”, whose original rights holder is APP (China), was successfully
obtained the consideration and approval of the Shanghai Stock Exchange.
·
November 22, 2019- Zhejiang
Shanying Paper Co., Ltd. ranks among the top 100 high-tech enterprises in
Zhejiang Province and top 10 in the field of resources and environment
technology in 2019.
Scope of the Report
Attribute |
Details |
Years Considered |
Historical data – 2017-2020 Base Year – 2020 Forecast – 2021 – 2027 |
Facts Covered |
Revenue in USD Billion |
Market Coverage |
U.S, Canada, Germany, UK, France, Italy,
Spain, Brazil, Mexico, Japan, South Korea, China, India, UAE, South Africa,
Saudi Arabia . |
Product/Service Segmentation |
By Product Type, By End User/Application, By
Region |
Key Players |
The
leading players considered for market analysis are UPM, SCA Kruger, Stora
Enso, Catalyst Paper, Evergreen Packaging, Burgo Group, Nippon Paper, Sappi,
Oji Paper, Sun Paper Chenming Group, Gold East Paper, Ningbo Zhonghua Paper,
Shanying International, International Paper and many others. |
·
By Product Type
ü Coated Paper
ü Offset Paper
·
By End User/Application
ü Advertising
ü Books and Magazines
·
By Region
ü
North America
ü
Europe
ü
Asia Pacific
ü
South America
ü
Middle East &
Africa
The objective of the Study:
• To analyze and forecast the
Global Cultural Paper Market size of the market in terms of value.
• To examine the careful market
segmentation and forecast the market size, in terms of value, based on the
region by segmenting.
• The Global Cultural Paper
Market segmented into five regions, namely, North America, Europe, Asia
Pacific, Middle East, South America, and their leading countries.
• To outline, categorized, and
forecast the Global Cultural Paper Market based on By Product Type, By
End-User/Application, and By Region.
• To examine competitive
developments, like By Product Type, By End-User/Application, and By Region
within the Global Cultural Paper Market.
• To highlight the impact analysis
of the factors affecting the market dynamics such as growth drivers.
• To strategically profile the
key players and comprehensively analyze their market shares along with
detailing the competitive landscape for market leaders.
Business Questions Answer by the
Report
• How will the market drivers, restraints, and
opportunities affect the market dynamics?
• What will be the market size in terms of value
and volume and market statistics with a detailed classification?
• Which segment dominates the market or region,
and one will be the fastest growing, and why?
• A comprehensive survey of the competitive
landscape and the market participant players
• Analysis of strategy adopted by the key player
and their impact on other players.
Customization Scope for the
Client
Client satisfaction is our first
and last priority, and that is why BlueWeave Consulting offers customization
according to Company’s specific needs. The following customization options are
available for the report:
Additional Company Information
·
With five additional company
detail analysis
·
Additional country analysis
· Detailed segment analysis
We've been tracking the direct impact of COVID-19 on this market, and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Contact our sales team for more details at
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