Coated Paper Market Expected to Reach US$ 48.21 Bn in 2020 | Page 2

Coated Paper Market REPORT DESCRIPTION Coated Paper (Coated Fine Paper, Coated Groundwood Paper and Others) Market for Printing, Packaging and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020 Transparency Market Research has published a new report titled "Coated Paper Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020.” According to the report, the global coated paper market was valued at US$ 36.94 Bn in 2013 and is anticipated to reach US$ 48.21 Bn by 2020, expanding at a CAGR of 3.9% between 2014 and 2020. Rise in internet trade is boosting demand for coated paper in the industrial packaging segment. Various grades of coated paper, classified in terms of glossiness and brightness, are used for packaging applications. Additionally, coated paper manufacturers are focusing on bio-based and degradable flexible paper packaging due to increasing demand for flexible paper packaging in the food industry. However, availability of high-performance, and cost-effective substitutes such as plastics and uncoated paper is likely to hamper market growth. Get PDF Brochure for more Professional and Technical industry insights: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1 476 Furthermore, rising pulp prices due to diminishing number of pulp plantations is anticipated to hamper the growth of the coated paper market from 2014 to 2020. Advancements in paper recycling and coating techniques are likely to provide immense growth opportunities to the coated paper market in the next few years. Coated fine paper was the largest product segment of the coated paper market in terms of volume in 2013 and held over 55% share in the global coated paper market. However, the segment is projected to expand at the slowest rate compared to the other two segments during the forecast period. Relatively higher price of coated fine paper compared to coated groundwood paper is lowering demand for coated fine paper globally. Moreover, a sizeable substitution by superior quality uncoated paper is hampering growth of the coated fine paper market. Several innovations and developments in the coated groundwood paper segment in recent years is expected to drive the coated paper market in the forecast period. 2 Transparency Market Research