The global Paper market reached a volume of about 94 million tonnes in 2021. The industry is projected to grow at a CAGR of around 3% in the forecast period of 2022-2027 to reach a volume of about 112 million tonnes by 2027.
The global Paper industry report gives a comprehensive analysis of the industry, including key segments, trends, drivers, restraints, the competitive landscape, and other essential market aspects. The market is primarily driven by the various applications of the product in a wide range of industries. In the industry report, the key demand indicator is the highest category spender by region—Asia.
Paper is a thin sheet material made from the process of physically or chemically processing cellulose fibres from wood, rags, grasses, or other vegetable sources in water, then draining the water through a tiny mesh to leave the thread equally spread on the surface, pressing, and drying. It is employed in a wide range of applications like Printing, packing, writing, cleaning, money and security paper, and various industrial and construction activities, among others. The Paper industry report comprises segments by grade (Uncoated Mechanical, Coated Papers, Newsprint, Uncoated Woodfree) and region (North America, Europe, Asia Pacific, the Middle East, Africa, and South America).
Asia holds the largest share in the industry due to growing industrialisation in the region is one of the main drivers of this expansion. The speciality paper market is dominated by China, where consumers are increasingly aware of diverse packaging materials and where raw materials for speciality paper manufacture are plentiful. Because of the increased need for speciality paper in the ink printing sector, China's market is witnessing growth.
The market is being driven by the extensive application of the product in a wide range of industries. Paper can be used in various ways; Packaging paper is gaining popularity in multiple industries, including food and consumer goods, driving the market growth. Rising awareness of environmental issues such as biodegradability, global warming, and health problems caused by plastic packaging materials influences the market growth. One of the most significant users of paper goods is the Quick Service Restaurant (QSR) business. As a result, the fast growth of the QSR sector has increased product demand. Due to hectic schedules, a shift in preference for off-premises food consumption will drive product demand even higher.
Furthermore, Increased adoption of speciality paper in various industrial applications is acting as a driver for boosting the demand for speciality paper. The extensive properties of speciality paper, high quality, and unique characteristics have increased the demand for speciality paper in various industries, increasing the number of smokers and propelling the demand for filter paper for manufacturing cigarettes. As a result, increased adoption of speciality paper in various industrial applications is a driver for boosting the demand for speciality paper. Also, the worldwide tissue paper market is predicted to be driven by a thriving tourist and hospitality industry, a growing working-class population, and rising consumer awareness about health and cleanliness.
However, factors like fluctuations in the price of raw materials and the availability of substitutes might hamper the industry's expansion.
The global Paper industry report by Procurement Resource gives an in-depth analysis of the best buying practices followed by major global Paper regions across the globe, such as engagement models, contract terms, and buyer and supplier negotiation levers, among others.
A modern paper mill is organised into numerous parts that closely correspond to the steps in creating handmade paper. The pulp is processed and combined with water and other additions to produce a pulp slurry. The slurry is distributed onto a continuous moving screen by the head-box of the paper machine (Fourdrinier machine), water is drained from the slurry (by gravity or under vacuum), and the wet paper sheet passes through presses and dries, and eventually rolls into big rolls. The result frequently weighs several tonnes.
The paper industry has been transitioning from labour-intensive to automated manufacturing techniques. Paper product firms have increased efficiency while lowering manufacturing costs because of automation. These devices also save money on electricity. Control systems, such as integrated drive systems (IDS), help plants run more efficiently by reducing energy usage and simplifying servicing and maintenance. Greater economic growth is expected to spur public and private investments, joint ventures, and foreign direct investments in end-user markets, propelling the market forward throughout the projected period.
The regional markets for the industry can be divided into North America, South America, Europe, the Middle East and Africa, and the Asia Pacific.
With so many personal level brands on the market, it's a very competitive market. To raise sales and maintain market rivalry, businesses concentrate on technical improvements, new product creation, and market expansion. They're also looking to increase its product line and geographic reach through mergers and acquisitions.
1. Executive Summary
2. Paper Industry Snapshot
2.1. Paper Market Outlook
2.2. Paper Industry Analysis By Grade
2.2.1. Uncoated Mechanical
2.2.2. Coated Papers
2.2.4. Uncoated Woodfree
2.3. Regional Overview
2.3.1. North America
2.3.3. Asia Pacific
2.3.4. Latin America
2.3.5. Middle East & Africa
3. Impact of Recent Events
4. Paper Value Chain Analysis
5. Paper Production Process
6. Trade Analysis
7. Major Risk Factors in Sourcing
8. Paper Cost Structure
9. Paper Price Analysis
10. Key Demand Indicator Analysis
11. Key Price Indicator Analysis
12. Paper Market Dynamics
12.1. Drivers & Constraints
12.2. Industry Events
12.3. Innovations & Trends
12.4. Swot Analysis
12.5. Porter’s Five Forces
12.5.1. Buyer Power
12.5.2. Supplier Power
12.5.3. Threat of New Entrants
12.5.4. Threat of Substitutes
12.5.5. Industry Rivalry
13. Feedstock Market Analysis
13.1. Market Overview
13.2. Price Analysis
14. Industry Best Practices
14.1. Sourcing Strategy
14.2. Procurement Model
14.3. Contract Structure
14.4. Negotiation Levers
14.5. Pricing Model
14.6. Key Factors Influencing the Quotation
15. Key Supplier Analysis
15.1. Verso Corporation
15.2. International Paper Company
15.3. Domtar Corporation
15.4. Resolute Forest Products Inc.
15.5. Catalyst Paper Corporation
The global Paper market size reached a volume of about 94 million tonnes in 2021.
In the forecast period of 2022-2027, the market is projected to grow at a CAGR of 3%.
The significant demand for paper in a wide range of industries is one of the essential drivers of the Paper market growth.
Verso Corporation, International Paper Company, Domtar Paper Company, LLC, Resolute Forest Products Inc., and Catalyst Paper Corporation are some of the key companies in the market.
The Asia region of the Paper industry holds a significant share in the market.
The global Paper market attained a volume of about 94 million tonnes in 2021, driven by the extensive application of the product in a wide range of industries. Paper can be used in various ways; Packaging paper is gaining popularity in multiple industries, including food and consumer goods, driving the market growth. Furthermore, Increased adoption of speciality paper in various industrial applications is acting as a driver for boosting the demand for speciality paper. Also, the worldwide tissue paper market is predicted to be driven by a thriving tourist and hospitality industry, a growing working-class population, and rising consumer awareness about health and cleanliness. Aided by the increasing technological advancements, Like the shift from labour-intensive to automated manufacturing techniques, Control systems, such as integrated drive systems (IDS), and private investments, joint ventures, and foreign direct investments in end-user markets, the market is expected to witness further growth in the forecast period of 2022-2027, growing at a CAGR of 3%. The market is projected to reach 112 million tonnes by 2027. Some of the leading players in the industry are Verso Corporation, International Paper Company, Domtar Paper Company, LLC, Resolute Forest Products Inc., and Catalyst Paper Corporation.
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