The global coated groundwood paper market is projected to experience moderate growth from 2025 to 2032. Coated groundwood paper, known for its smooth surface and printability, is extensively used in magazines, catalogs, and advertising materials. Despite the digital shift, the demand for high-quality printed materials continues to sustain this market.
Request a Sample PDF of the Coated Groundwood Paper Market Report @ https://www.reportsinsights.com/sample/206841#utm_source=google&utm_id=google
As of 2024, the coated groundwood paper market was valued at approximately USD 7.83 billion. It is anticipated to grow at a Compound Annual Growth Rate (CAGR) of around 2.95% during the forecast period, reaching nearly USD 9.88 billion by 2032.
Sustained Demand in Publishing: The ongoing need for high-quality printed materials in the publishing sector, including magazines and catalogs, continues to drive the market.
Packaging Industry Growth: The rise in flexible paper packaging solutions, favored over plastics for their environmental benefits, has become a significant factor in the packaging industry, thereby increasing the demand for coated groundwood paper.
Emergence of Biodegradable Solutions: The increasing emergence of biodegradable packaging solutions is expected to boost the growth of the coated paper market.
Digital Media Proliferation: The shift towards digital media poses a challenge, potentially reducing the demand for traditional printed materials.
Environmental Regulations: Stringent environmental regulations regarding paper production and disposal may impact market dynamics.
Access full Report Description, TOC, Table of Figure, Chart, etc. @ https://reportsinsights.com/industry-forecast/global-coated-groundwood-paper-market-2021-206841
Asia-Pacific: This region holds a leading position in the coated groundwood paper market as of 2023, driven by high consumption in countries like China and India.
North America and Europe: These regions maintain significant market shares, supported by established publishing industries and a growing emphasis on sustainable packaging solutions.
Prominent companies in the coated groundwood paper market include:
UPM
Asia Pulp & Paper (APP)
Oji Holdings
Stora Enso
Svenska Cellulosa Aktiebolaget SCA
Sappi Limited
Arjowiggins
Burgo Group
Verso Corporation
Nippon Paper Industries
These companies are focusing on sustainable practices and product innovation to maintain competitiveness in the evolving market landscape.