Coated Paper Global Market Report 2024

The global coated paper market has grown steadily in recent years. It will grow from $42.45 billion in 2023 to $44.54 billion in 2024 at a compound annual growth rate (CAGR) of 4.9%. The growth in the historic period can be attributed to the expansion of the printing industry, increased demand for packaging solutions, consumer preferences for high-quality materials, the need for effective advertising and marketing materials, as well as growing environmental concerns and regulatory requirements.

The global coated paper market is expected to see steady growth in the next few years. It will grow to $54.04 billion in 2028 at a compound annual growth rate (CAGR) of 5.0%. The growth in the forecast period can be attributed to the increasing demand for sustainability and eco-friendly solutions, a rise in the publishing sector, consumer preferences for aesthetic materials, the need for brand differentiation and effective marketing strategies, as well as global expansion and overall industrial growth. Major trends in the forecast period include a continued demand for high-quality printing, emphasis on biodegradability and recyclability, focus on food safety, a premium approach to branding, and a growing interest in customization and personalization.

The proliferation of e-commerce platforms is anticipated to be a significant driver for the coated paper market in the future. E-commerce platforms, which facilitate online buying and selling of products and services, have witnessed a surge in popularity. The widespread use of smartphones, coupled with easy and cost-effective access to technology, has contributed to the growth of online retail sales. This surge in e-commerce activities has, in turn, fueled the demand for coated paper in product packaging. Coated papers, featuring a laminated composite material with a plastic layer or treatment on the surface, play a crucial role in reducing the risk of damage to goods during transit. As of August 2022, retail e-commerce sales in the United States for the second quarter of 2022 reached $257.3 billion, reflecting a 2.7% increase from the first quarter of the same year, as reported by the US Census Bureau-Department of Commerce.

The escalating demand within the printing industry is poised to be a driving force behind the growth of the coated paper market. Encompassing various businesses and activities related to the reproduction of text and images on diverse substrates, including paper, cardboard, and fabric, the printing industry relies significantly on coated paper. Coated paper provides several advantages in the printing sector, including high print quality, sharp image detail, prevention of ink absorption, and increased versatility and durability. In 2021, the estimated worth of US printing operations was $77.7 billion, according to data from Toner Buzz, a US-based online provider of printing products.

A noteworthy trend in the coated paper market is the emphasis on innovative and environmentally friendly packaging solutions. Major companies in the coated paper sector are actively developing 100% plastic-free, biodegradable barrier-coated paperboard to meet consumer preferences and reinforce their market positions. West Coast Paper Mills Limited, an India-based company, launched a plastic-free, biodegradable barrier-coated paperboard in March 2021. This product is devoid of traditional plastics, odorless, repulpable, and suitable for various applications, including food containers and packaging materials. The emphasis on environmentally sustainable packaging aligns with the growing consumer demand for eco-friendly alternatives. Patels Polypack, for instance, offers 100% biodegradable and compostable paperboard and paper coated with biodegradable polymers, serving as an eco-friendly substitute for traditional plastics.

Major players in the coated paper market are strategically focusing on innovative technologies, specifically sustainable coated paper technology, to bolster their revenues. Sustainable coated paper technology involves the utilization of eco-friendly and bio-renewable materials to coat paper, enhancing its performance while upholding environmental sustainability. As an example, in May 2021, Dunn Paper Company, a US-based firm specializing in specialty papers manufacturing, introduced BiOrigin. This product leverages barrier and containment technology within a fluorocarbon-free platform, eliminating styrene and chromium. BiOrigin employs bio-based coatings to meet certification standards for renewability, recyclability, and compostability. It stands out as a specialty paper that is both bio-based and PFAS-free, offering an environmentally friendly and safer packaging alternative with enhanced functionality.

In a significant move, BillerudKorsnäs, a Sweden-based pulp and paper manufacturer, executed the acquisition of Verso for $825 million in April 2022. This strategic acquisition aligns with BillerudKorsnäs' overarching goal of driving profitable and sustainable growth, particularly aiming to accelerate its expansion in North America. Verso Corporation, the acquired entity, is a US-based producer known for coated papers, including coated groundwood, coated freesheet, and specialty products. This acquisition is anticipated to contribute to BillerudKorsnäs' growth strategy and strengthen its position in the market.

Major companies operating in the coated paper market report are Nippon Paper Industries Co. Ltd., Oji Holdings Corporation, Stora Enso Oyj, Sappi Limited, Asia Pulp and Paper Sinar Mas, UPM-Kymmene Corporation, NewPage Corporation, Arjowiggins SAS, Burgo Group S.p.A., Paradise Packaging Private Limited, JK Paper Limited, Minerals Technologies Incorporated, Shree Krishna Paper Mills & Industries Limited, Emami Paper Mill Limited, Dunn Paper Company, International Paper Company, Smurfit Kappa Group PLC, WestRock Company, Mondi PLC, Ahlstrom-Munksjö Oyj, Avery Dennison Corporation, 3M Company, Fasson Corporation, Ritrama S.p.A., CCL Industries Inc., Flexcon Company Incorporated, Lintec Corporation, Nissha Printing Co. Ltd., Toppan Printing Co. Ltd., and Kimberly-Clark Corporation.

North America was the largest region in the coated paper market in 2023. The regions covered in the coated paper market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the coated paper market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The main types of coated paper include coated fine, standard coated fine, and coated groundwood. Coated fine paper is utilized for writing, packaging, and printing, especially in offset printing. It consists of a fibrous layer with at least one coating. The coating materials employed include kaolin clay, precipitated calcium carbonate, and ground calcium carbonate, offering finishes such as matte, gloss, and semi-gloss. Coated paper finds applications in various industries, including printing, packaging, and labeling.

This report provides coated paper market statistics, including coated paper industry global market size, regional shares, competitors with a coated paper market share, detailed coated paper market segments, market trends and opportunities, and any further data you may need to thrive in the coated paper industry. This coated paper market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The coated paper market consists of sales of chemical pulp, pigments, bentonite, and talc. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


This product will be delivered within 3-5 business days.