Coated Ink Jet Paper Market: An Overview
Coated ink jet paper is a sheet which offers high resolution and reflectivity as compared to noncoated sheet due to the coating of polymers. This layer adds glossy, matte and admirable texture to the paper. Coated ink jet paper is a fine paper which is basically designed for inkjet paper. Coated ink jet paper has a professional touch that can be used in magazines and publications. It is dust-proof and requires less amount of ink making it cost-effective. Coated ink jet paper is eco-friendly and easily biodegradable. Coated ink jet paper has a wide application in business, packaging, printing, and labeling. Coated ink jet paper serve product like converted paper products, magazines, advertising materials, catalogs, security paper, and newspaper insert and are resistant to wear and tear.
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Coated Ink Jet Paper Market: Dynamics
High demand for good quality of printing influences the coated ink jet paper market. The increasing popularity of online and digital platforms have driven the e-commerce industry which resulted in internet trade and home delivery system. This has raised the demand for coated ink jet paper. Evolving packaging industry and the need for innovative packaging and labeling solutions drives the market for coated ink jet paper. Banned use on plastic product and rising awareness about eco-friendly and flexible paper packaging products boost the coated ink jet paper market. However, the decreasing amount of global pulp and rising deforestation can hinder the sales. Carbon emission during the production harms the environment which acts as a major restraint. Key players are continuing to perform technological advancement and innovations to overcome these obstacles.
Coated Ink Jet Paper Market: Key Developments
Product launch, acquisition and expansion are the major strategies of the companies to produce new sustainable products for consumer’s convenience and to increase their product portfolio. Recent developments involves opportunity for business advertisement and decoration purpose. This is helping to raise the market for coated ink jet paper. Companies are now able to produce liners that can lower the emission of carbon which negatively impacts the natural environment.
- On 12 June 2019, West Coast Paper Mills Ltd. acquired about 51-60% stake in International Paper’s (IP) Indian unit, International Paper APPM Ltd.
- On 3 July 2018, Mondi transformed its office paper portfolio by introducing office paper brands IQ and MAESTRO
- On 6 February 2018, Mitsubishi Paper Mills collaborated with Oji Holdings restructuring Mitsubishi Paper’s business in Germany.
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Coated Ink Jet Paper Market: Segmentation
On the basis of type, the coated ink jet paper market has been segmented into:
- Matte Paper
- Glossy Paper
- Semi-gloss Paper
On the basis of application, the coated ink jet paper market has been segmented into:
- Packaging & Labeling
On the basis of end use, the coated ink jet paper market has been segmented into:
Coated Ink Jet Paper Market: Regional Outlook
Countries like Germany, France and UK in the regions of Europe, U.S. in the region of North America and Japan, China and India in the region of Asia Pacific have the highest number of printing industries and highest consumption rate of papers, and therefore, the market for the coated ink jet paper market is expected to rise. Coated ink jet paper market in developed countries such as the U.S., Italy, and the UK is expected to have positive growth during the forecast period. It attributed to the high demand for coated ink jet paper market incorporated majorly in commercial work and various industries. The increasing demand for high resolution and best quality prints drives the market for coated ink jet paper market in developing countries such as India, China, etc. are expected to rise.
Coated Ink Jet Paper Market: Key Players
- International Paper Company
- Nippon Paper Industries Co., Ltd.
- Mondi Group
- Sappi Global
- Smurfit Kappa Group plc
- Oji Holdings Corporation
- Stora Enso Oyj
- Shandong Chenming Paper Holdings Ltd
- UPM-Kymmene Oyj
- Fujifilm Holdings Corporation
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts, and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with coated ink jet paper market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
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The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
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Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
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4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
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