According to the latest market report published by Transparency Market Research, titled ‘Printing Paper Market’: Global Industry Analysis and Forecast 2017-2025’, global printing paper market is estimated to be at US$ 56,189.4.5 Mn by 2018 end and is expected to grow at a CAGR of 4.9% during the forecast period (2018-2028). The market has witnessed solid growth during the past few decades, owing to drastically increasing consumption of paper.

The concern for government authorities regarding the dumping of plastic waste and to use paper so that it can get recyclable very easily is considered to be the prominent factor which is driving the growth of the global printing paper market. Growing preference for print marketing by using printing paper, and increase in need of sustainable paper use are some of the prominent factors which are expected to fuel the market of global printing paper market.

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The global printing paper market, by paper type, has been segmented into coater paper and non-coated paper. Coated paper type segment is likely to gain higher preference over non-coted, resulting in a higher market value share as well as CAGR over the forecast period. By distribution channel, the market is segmented into hypermarket, retail stores, convenience, and ecommerce. The retail stores segment is estimated to increase in market share from around 42% in 2017 to more than 43% by the end of 2028. Ecommerce will be the fastest growing segment, according to the report.