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Paper Coating Market

Paper Coating Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 - 2027

Paper Coating Market: An Overview

In general, 30% of the paper packaging has some kind of coating embedded over it which is treated with various components to increase tensile strength, stability, and durability of the paper. Rising per capita consumption of paper packaging and shift towards paper based packaging formats is grasping attention of most of the packaging companies in the industry today, giving rise to paper coating and paper coated products today.

Increasing shelf life of the product and increasing barrier properties in the packaging industry has always been a tough job for all the manufacturers across the globe. A series of technical innovations have made a major contribution to this by refining the process effectiveness for paper coating market. Coated paper has not only built durability but also brought viable innovation in the market.

Paper Coating Market: Dynamics

Features of coated paper products such as moisture proofing, mechanical flexibility and thermal stability are essential for the food packaging as well as decoration and lamination. This has fuelled the demand for paper coatings in the packaging industry, and hence the market is projected to have a positive outlook for the next five years. Recyclability, biodegradability and environment-friendly attributes of coated paper makes it a popular choice for packaging for industrial goods, medical products, and several other consumer goods.

Solid value necessities for newspapers, magazines, brochures, business cards, and other products for advertisement purpose such as pamphlets and banners are also believed to influence paper coating market products' growth confidently. 

Rise in e-commerce and escalation in usage of sustainable packaging material are anticipated to be key drivers for the growth of paper coating market. Increase in demand of flexible paper and onset of new printing technologies is also expected to be beneficial for the paper coating market. Although, energy intensive manufacturing and coating process in the factory might act as restrains for the paper coating market. Also, paper coating manufacturers need to comply with FDA norms to cater to food packaging applications, this might restrict the entry of small-scale manufacturers to some extent.

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Paper Coating Market: Segmentation

Globally, the paper coating market has been segmented by paper type, coating type, applications, end-use industries, and regions.

By paper type, the global paper coating market has been segmented as follows -

  • Corrugated Board
  • Paperboard
  • Specialty Paper
  • Printing Paper

By coating type, the global paper coating market has been segmented as follows -

  • Water-based
  • Solvent-based
  • Wax-based

By application, the global paper coating market has been segmented as follows -

  • Printing & Lamination
  • Packaging
    • Boxes & Cartons
    • Envelopes & Mailers
    • Bags & Sacks
    • Sachets & Pouches
    • Blisters & Trays
    • Wraps

By end-use industry, the global paper coating market has been segmented as follows -

  • Food & Beverages
    • Fresh Produce
    • Meat, Poultry & Seafood
    • Bakery & Confectionery
    • Dairy
    • Pet Food
    • Others
  • Personal Care & Cosmetics
  • Pharmaceuticals
  • Building & Construction

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Paper Coating Market: Regional Outlook

Representing the developed world, the United States is projected to maintain a growth momentum in the paper coating market. Europe accounts for a major share in the global paper coating market and is estimated to maintain its dominance attributing to technological advancements & high demand for packaging paper in Germany, UK, and Italy.

As the world’s second largest economy and the new game changer in global paper coating market, China exhibits the potential to grow aggressively over the next couple of years being the largest paper producer in the world. Several macroeconomic factors and internal market forces in paper industry will shape growth and development of demand patterns of paper coating in emerging countries of Asia-Pacific, Latin America and the Middle East.  

Paper Coating Market: Key Players

Some of the key players operating in the global paper coating market are PPG Industries Inc, Akzo Nobel Inc., Sherwin-Williams Co., RPM International Inc., Teknos Barrier Coating Solutions, Thermax Ltd, Mitsui Chemicals Inc., BASF SE, Eastman Chemical Company, DuPont de Nemours, Inc., Sierra Coating Technologies LLC, LyondellBasell Industries N.V., Clariant AG, and Huntsman 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 an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on cement packaging market segments and geographies.

Regional Analysis Includes-

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Middle East & Africa (MEA)

Reports Highlights:        

  • A detailed overview of parent market for paper coating.
  • Changing Paper coating market dynamics in the industry
  • In-depth Paper coating market segmentation
  • Historical, current, and projected market size regarding volume and value
  • Recent industry trends and developments in the Paper coating market
  • Competitive landscape
  • Strategies for key players and products offered by Paper coating industry
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for players to sustain and enhance their market footprint

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Note:Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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