Global Thin Papers Market Size By Type (Printing Paper, Specialty Paper), By Weight (Less Than 30 gsm, 40 gsm), By Application (Magazines, Books), By Geographic Scope And Forecast
Report ID: 54517|No. of Pages: 202
Global Thin Papers Market Size By Type (Printing Paper, Specialty Paper), By Weight (Less Than 30 gsm, 40 gsm), By Application (Magazines, Books), By Geographic Scope And Forecast
Thin Papers Market Size And Forecast
Thin Papers Market size was valued at USD 0.97 Billion in 2021 and is projected to reach USD 1.64 Billion by 2030, growing at a CAGR of 6.10% from 2022 to 2030.
The rising environmental conditions have increased the scope of using thin papers. The usage of thin papers decreases the costs of packaging, transportation, and mailing. Along with it, the cost of manufacturing is also reduced as less raw material is required. The Global Thin Papers Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
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Global Thin Papers Market Definition
The thin paper is generally used for printing purposes in many industries across the globe. Thin papers include several types of paper such as wood-free paper, Kraft paper, printing paper, and specialty paper. Kraft paper is widely used for manufacturing bags, pouches, and cartons in distinct sizes and patterns. Thin papers are widely used in several industries and have wide applications in books, magazines, and newspaper printing due to their cost-effectiveness and easy availability.
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Global Thin Papers Market Overview
Increasing demand for thin papers in the retail sector and rising preference for sustainable, recyclable, and reusable paper is a key factors expected to fuel the growth of the target market during the forecast period. In addition, the increasing use of thin papers for printing and publishing, packaging, and labeling in several industries such as food and beverages, pharmaceuticals, and cosmetics across the globe is another key factor expected to boost the development of the global market during the forecast period.
Increasing demand for various types of thin papers such as specialty paper, printing paper, Kraft paper, and others for various applications such as for printing of several types of books, newspapers, and magazines across the globe resulting in the growing demand for thin papers. This is another factor propelling the growth of the global market. Furthermore, rising awareness about various benefits of thin paper such as ease to use and handle and cost-effectiveness is another factor expected to proliferate the growth of the target market in the next 10 years. However, the malleable strength of thin papers is a key factor hampering the growth of the Global Thin Papers Market to a certain extent.
Global Thin Papers Market: Segmentation Analysis
The Global Thin Papers Market is Segmented on the basis of Type, Weight, Application, and Geography.
Thin Papers Market, By Type
• Printing Paper
• Specialty Paper
• Wood-free Paper
• Kraft Paper
• Others
Based on Type, the market is segmented into Printing Paper, Specialty Paper, Wood-free Paper, Kraft Paper, and Others. Printing paper owns the highest market share and is expected to be the driving factor in the growth of the market.
Thin Papers Market, By Weight
• Less Than 30 gsm
• 40 gsm
• 50 gsm and Above
Based on Weight, the market is segmented into Less Than 30 gsm, 40 gsm, and 50 gsm and Above. 50 gsm and weight is expected to account for the maximum market share of the Thin Papers Market.
Thin Papers Market, By Application
• Magazines
• Books
• Newspapers
• Others (Printing & Publishing and Packaging & Labeling)
Based on Application, the market is segmented into Magazines, Books, Newspapers, and Others (Printing & Publishing and Packaging & Labeling). The newspaper Segment is the largest contributor to the Thin Papers Market, due to the large number of newspapers that are daily published.
Thin Papers Market, By Geography
• North America
• Europe
• Asia Pacific
• Rest of the world
On the basis of Regional Analysis, the Global Thin Papers Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. The North American region is expected to gain the highest CAGR during the forecast period owing to the rising awareness among people about the environment.
Key Players
The “Global Thin Papers Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Ahlstrom-Munksjö, Bolloré Thin Papers, UPM Communication Papers, Drewsen Spezialpapiere, Nippon Paper Papylia Co. Ltd., Mondi Group, Puli Paper Mfg. Co. Ltd. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Key Developments
• In April 2022, Ahlstrom-Munksjö has increased the number of sustainable release papers available worldwide.
• In March 2022, UPM stopped wood purchases from and into Russia, as well as activities at its Chudovo plywood facility.
• In April 2022, Elopak and Nippon Paper Industries signed a licensing agreement that gives Nippon Paper the ability to manufacture and sell Elopak’s Pure-Pak® cartons in the Oceanian market.
Report Scope
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2018-2030 |
| Base Year | 2021 |
| Forecast Period | 2022-2030 |
| Historical Period | 2018-2020 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Ahlstrom-Munksjö, Bolloré Thin Papers, UPM Communication Papers, Drewsen Spezialpapiere, Nippon Paper Papylia Co. Ltd., Mondi Group, Puli Paper Mfg. Co. Ltd. |
| Segments Covered | By Type, By Weight, By Application, And By Geography. |
| Customization Scope | Free report customization (equivalent to up to 4 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
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Data Collection Matrix
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Industry Analysis Matrix
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