South Korea Supercalendered Paper Market was valued at USD 0.9 Billion in 2022 and is projected to reach USD 1.2 Billion by 2030, growing at a CAGR of 3.8% from 2024 to 2030.
South Korea's Supercalendered Paper Market: Industry Applications and Evolving Requirements
Supercalendered (SC) paper, renowned for its smooth finish and high printability, plays a pivotal role in South Korea's publishing and advertising sectors. This paper grade is primarily utilized in the production of magazines, catalogues, brochures, and promotional flyers, where high-quality printing is paramount. The demand for SC paper in these applications underscores its significance in delivering visually appealing and cost-effective print materials.
In the publishing industry, SC paper's superior surface properties enhance the visual appeal of magazines and catalogues, making them more attractive to readers. Advertisers also favor SC paper for inserts and flyers due to its excellent printability and cost efficiency, ensuring that promotional materials effectively capture consumer attention.
Beyond publishing and advertising, SC paper finds applications in retail packaging, particularly for food products. Its smooth surface and print quality contribute to attractive packaging designs that appeal to consumers and enhance brand perception.
The South Korean paper products market is on an upward trajectory, with projections estimating a market size of USD 18.5 billion by 2030, growing at a compound annual growth rate (CAGR) of 5.2% during 2024-2030. This growth is indicative of the expanding applications and increasing demand for paper products, including SC paper, across various industries.
However, the industry faces evolving requirements, especially concerning environmental sustainability. There is a growing emphasis on producing eco-friendly paper products to meet consumer preferences and comply with stringent environmental regulations. This shift necessitates innovations in manufacturing processes and the adoption of sustainable practices to reduce the environmental footprint of paper production.
In response to these challenges, manufacturers are exploring the use of recycled pulp and implementing energy-efficient technologies. These initiatives aim to produce SC paper that aligns with sustainability goals without compromising on quality. As a professional in the industry, I've observed a notable shift towards these sustainable practices, reflecting a commitment to environmental responsibility.
In conclusion, South Korea's Supercalendered Paper Market is integral to the publishing, advertising, and packaging industries. While the demand for high-quality print materials continues to drive market growth, the industry's focus is increasingly shifting towards sustainability. Manufacturers are tasked with balancing the production of superior SC paper with the imperative to adopt environmentally friendly practices, ensuring the market's resilience and relevance in a rapidly changing landscape.
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the South Korea Supercalendered Paper Market
Printing and Publishing
Packaging
Stationery
Labels and Tags
Others
Lightweight
Medium Weight
Heavyweight
Paper and Pulp Industry
Food and Beverage Industry
Pharmaceutical Industry
Consumer Goods Industry
Others
Gloss Coated
Matt Coated
Silk Coated
Other Coated Types
Light Basis Weight
Medium Basis Weight
Heavy Basis Weight
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Supercalendered Paper Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. South Korea Supercalendered Paper Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Supercalendered Paper Market, By Type
6. South Korea Supercalendered Paper Market, By Application
7. South Korea Supercalendered Paper Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Supercalendered Paper Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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