Global UVI Paper Market: Overview
UVI Paper is an efficient solution for ink-jet printing technology which provides clear and appealing visuals to a picture. UVI paper provides photograph like appearance, which, when used on labels and tags, it enhances its packaging quality. The manufacturers in the UVI paper market are offering premium gloss papers for UV ink-jet printing. Introduction of premium gloss papers is expected to increase the UVI paper market growth in the upcoming years. The shift of consumer's preference towards paper-based labels and tags is likely to increase the demand for UVI paper during the forecast period. Manufacturers also provide extra gloss UVI paper for better printing quality, which is expected to fuel the UVI paper market growth.
Manufacturers in the industry are focusing on providing eye-catching solutions for brand owners. Labels and packaging design are first thing that will catch consumer's attention, and it makes the product to stand out of the shelf. UVI papers are introduced for high-quality printing together with excellent adhesion properties. UV inkjet inks are used with UVI paper which contain pigments, pre-polymers, and UV sensitive material. Generally, the cost of inkjet press is less than flexo press which is expected to create demand for inkjet presses.
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Global UVI Paper Market: Dynamics
The growth of printing market is expected to bolster the demand for UVI paper market during the forecast period. The use of mid-gloss UVI paper is anticipated to reduce in the near future. However, premium gloss UVI paper consumption is awaited to increase owing to more transparent print quality and appearance. The outlook for global UVI paper market is likely to be positive during the forecast period. Packaging labels & tags are expected to be a lucrative application for the UVI paper market. The increment in the paper & paperboard is expected to boost the growth of UVI paper market in the upcoming years. UVI paper labels are available with different types of adhesives made for all temperature applications, especially in food & beverage industry. However, the demand for high-quality printing in food & beverage packaging is anticipated to add significant value share to the UVI paper market.
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Global UVI Paper Market: Segmentation
UVI Paper market is classified on the basis of surface finish, basis weight, application and end use.
On the basis of surface finish, the global UVI Paper market is segmented as
On the basis of basis weight, the global UVI Paper market is segmented as
- <100 gsm
- 100-200 gsm
- 201-300 gsm
- >300 gsm
On the basis of application, the global UVI Paper market is segmented as
- Magazines & Posters
- Labels & Tags
On the basis of end use, the global UVI Paper market is segmented as
- Food & Beverage
- Electronics & Electricals
- Consumer Goods
Global UVI Paper Market: Key Players and Trends
Some of the leading players in the UVI paper market are UPM-Kymmene Oyj., Schoeller Technocell GmbH & Co. KG, and Innova Art Ltd. Leading players are collaborating with other manufacturers and brand owners in order to expand their market foothold in the global UVI paper market.
Global UVI Paper Market: Regional Outlook
The number of mill producing inkjet coating treatment on the paper is increasing, which is expected to decrease the prices of UVI paper. The prices of mid-gloss UVI paper is expected to decrease, wherein, premium gloss UVI paper is expected to remain stagnant in the next five years. In North America, the United States is expected to hold majority of share. Asia Pacific region is predicted to remain laggard in terms of prices, wherein, is expected to create high incremental opportunity by the end of forecast period. In Middle East and Africa, GCC countries are expected to expand at a higher CAGR with respect to other countries. India and China are anticipated to witness significant expansion in the UVI paper during the forecast period, in terms of market value share.
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