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Global Converting Paper Market : Industry Analysis and Forecast (2019-2027)
Global Converting Paper Market was valued at US$ 358.77 Bn in 2019 and is expected to reach US$ 439.45 Bn by 2027, at a CAGR of around 2.3 % during the forecast period.
The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.
Global Converting Paper MarketGlobal Converting Paper Market Dynamics:
Growing demand for reusable and environment-friendly paper among the packaging industry is one of the major factors anticipated to support the revenue growth of the global market. This demand is attributed to a low-cost packaging solution as well as the natural friendliness of the paper material. Additionally, converting paper is frequently used for producing personal hygiene products such as sanitary napkins, tissues, baby diapers, etc., which is a major factor projected to drive the growth of the global market.
On the other hand, the increasing digitalization of newspapers and other paper-based objects such as books, magazines, etc. is one of the major factors anticipated to hinder the growth of the global converting paper market. Too, stringent regulations of the government authorities concerning deforestation and environmental concerns are some other additional factors expected to challenge the market growth over the forecast period.
Global Converting Paper Market Segment Analysis:
According to the application segments, the writing paper segment is expected to register significant growth, because of the increasing utilization of writing paper for newspapers, commercial printing, digital printing, etc.
By the paper type segments, the coated paper segment is estimated to account for maximum shares of the global market. Major players functioning in the global market are adopting several strategies such as M&A, new product launches, etc. in order to create a strong position in the global market and is among the key trend observed currently.
Global Converting Paper Market Regional Analysis:
Geographically, North America is projected to dominate the global market and continue its dominance over the forecast period. This is attributed to the growing demand for personal hygiene products and utilization of converting paper for producing personal hygiene paper products including baby diapers, tissue papers, etc. Asia Pacific market for convertible paper is expected to register significant growth, because of the growing awareness regarding the environment, rapidly growing e-commerce sector, and higher consumer preference for converting paper packaging formats in countries in the region.
The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data, and projections with a suitable set of assumptions and methodology. The report also helps in understanding global converting paper market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence.
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Scope of the Global Converting Paper Market Report:
Global Converting Paper Market, By Application
• Newsprint
• Hygiene Paper
• Printing Paper
• Writing Paper
• Packaging
Global Converting Paper Market, By Pulp Type
• Mechanical Wood Pulp
• Non-Wood Pulp
• Chemical Wood Pulp
• Semi-chemical Pulp
• Recycled Pulp
Global Converting Paper Market, By Paper Type
• Uncoated
• Coated
Global Converting Paper Market, By End Use
• Packaging & Wrapping
• Food Service
• Printing
• Consumer Goods
Global Converting Paper Market, By Region
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Key Players Operating in the Global Converting Paper Market
• Georgia-Pacific LLC
• International Paper Company
• UPM-Kymmene Oyj
• Domtar Corporation
• Verso Corporation
• Burgo Group SPA
• American Eagle Paper Mills
• Catalyst Paper Corporation
• Rolland Enterprises Inc.
• Finch Paper LLC
• Verso Corporation
• BillerudKorsnäs AB,
• American Eagle Paper Mills,
• Catalyst Paper Corporation
• Alberta Newsprint Company Ltd.
• Stora Enso Oyj
• Canfor Corporation
• Clearwater Paper Corporation
• P.H. Glatfelter Co.
• Mitsubishi Paper Mills Limited,
This Report Is Submitted By : Maximize Market Research Company
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