Global Printing Paper Market Overview, 2024-29

Market Dynamic

Market Drivers • Digital Printing Growth: The rising demand for digital printing, fueled by the proliferation of digital technologies, is driving the global printing paper market. As industries like packaging, publishing, and advertising increasingly adopt digital printing solutions, the need for high-quality printing paper is growing. Digital printing offers advantages such as reduced setup times, enhanced print quality, and customizable options. This shift is expanding the scope of specialty papers, particularly for short-run prints, which is positively impacting market growth. • E-commerce Expansion: The e-commerce boom is creating a significant demand for packaging and labeling, driving the need for printing paper. Companies require specialized paper for packaging, shipping labels, invoices, and promotional materials. As online retail expands globally, particularly in emerging markets, printing paper is becoming essential for branding, packaging, and logistics, contributing to sustained growth in the market. Market Challenges • Declining Print Media: The global shift toward digital media is significantly challenging the printing paper market, as newspapers, magazines, and books increasingly move online. This shift reduces the demand for traditional printing paper, particularly in developed regions. As consumers prefer digital reading formats, print circulation continues to decline, impacting segments like newsprint, coated paper, and book paper, thus pressuring manufacturers to innovate or scale down operations. • Environmental Concerns: The printing paper industry faces increasing scrutiny over its environmental impact, including deforestation, water usage, and carbon emissions. Consumers and governments are pushing for more sustainable practices, such as recycling and using alternative fibers. This adds pressure on manufacturers to adapt to stringent regulations and shift to eco-friendly processes, often increasing production costs and affecting profitability. Market Trends • Sustainable Printing Solutions: As environmental consciousness rises, there is a growing trend toward using sustainable printing paper made from recycled fibers or alternative materials like bamboo and hemp. Many companies are adopting green practices, such as using eco-friendly inks and processes that minimize energy and water usage. This trend is shaping the future of the market, with consumers and businesses opting for sustainable solutions to reduce their ecological footprint. • Lightweight Paper Development: To cater to cost efficiency and sustainability goals, there is an increasing trend toward the development of lightweight printing paper. These papers reduce transportation and production costs while maintaining print quality. They also cater to the growing demand for eco-friendly solutions by reducing resource usage in production. Lightweight papers are particularly gaining traction in packaging, publishing, and advertising applications.

Key Development

• In June 2019, LINTEC Corporation broadened its footprint in both another country and local paper markets with its debut of the Livasta brand. The company’s presence at several shows attracted attention, which increased the demand for their paper goods. • In September 2023, NEPA achieved the completion of its renewal & mill development plan authorised by the government of India to diversify in the product sector by producing paper for printing and writing. • In September 2023, Sichuan Huaqiao Fenghuang Paper and Voith developed its highly productive XcelLine packaging paper machine for printing papers. Considered in this report • Historic year: 2018 • Base year: 2023 • Estimated year: 2024 • Forecast year: 2029 Aspects covered in this report • Printing Paper market Outlook with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Product Type • Coated • Uncoated By Distribution Channel • Offline • Online By Application • Printed Advertisement • Security Printing • Commercial Printing • Mass Communication • Educational The approach of the report: This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, and government-generated reports and databases. After gathering the data from secondary sources, primary research was conducted by conducting telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started making primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations, and organizations related to the Printing Paper industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.