Office Printing Papers Market Headed for Growth and Global Expansion by 2028
Office Printing Papers: Overview
The global paper industry since the last two decades has been experiencing rapid transformation against the backdrop of printing, packaging as well as e-commerce industries’ growth. This industrial growth has obliged the demand for documentation and other hard copy paper work, thereby giving a push to the growth of the global office printing papers market. Expansion of transactional as well as business communication documents has led to a sharp rise in demand for office printing paper market. Advancements in quality of office printing papers is anticipated to be a key move being made by prominent manufacturing companies in their quest to hold their supremacy in the market.
Besides, the capacity of mass production of the key players is also anticipated to strengthen their market position in the global office printing papers market.
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Office Printing Papers Market: Dynamics
Increase in the availability of technologically advanced laser as well as inkjet printers which has led to affordable color printing solutions for office applications are expected to push the demand for office printing papers in some specific end use sectors.
However, according to an independent research, most of the end users, such as Banking, Financial services and Insurance (BFSI), covering both private & public sectors have carried out successful implementation of digital operations with replacement of traditional office paper based systems. The intensification of digital technology as demonstrated by growing access to Wi-Fi and mobile data will continue to be major inhibitors for the office printing papers market. Moreover, advancements in hardware, such as mobiles, tablets, personal computers, etc., as well as the virtual storage systems will gradually reduce the demand for office printing papers.
Office printing papers Market: Regional Outlook
Among regions, North America and Western Europe are mature markets for office printing papers and are thus expected to display below average growth owing to rising customer inclination towards use of electronic media across these regions. Additionally, key multinational firms / Conglomerates in United States, Germany, Italy, France, etc. prefer to outsource most of their operation to the developing economies, such as India, Vietnam, Indonesia, etc., which is projected to create fresh opportunities for the growth of office printing papers market.
The Asia pacific is expected to record above-average growth in the office printing papers market due to the huge-scale investments being made through international players across the region. China which supplies approximately 30% of global printing & packaging paper is projected to be a prime market for office printing papers and will be followed by India in the Asia Pacific region.
Global Office printing papers Market: Segmentation
Globally, the office printing papers market can be segmented on the basis of paper type, paper coat, paper size, source of paper and its end use.
On the basis of office paper type, the global office printing papers market has been segmented into:
- Copier Papers
- Printer Papers
On the basis of paper coats, the global office printing papers market has been segmented into:
- Coated office printing papers
- Uncoated office printing papers
On the basis of paper size, the global office printing papers market has been segmented into:
- A3 size office printing papers
- A4 size office printing papers
- A5 size office printing papers
- A6 size office printing papers
- Other customized sizes
On the basis of source type, the global office printing papers market has been segmented into:
- Virgin Papers
- Recycled Papers
On the basis of end use, the global office printing papers market has been segmented into:
- Banking, Financial services and Insurance (BFSI)
- Healthcare Institutions
- Education Institutions
- Public Institutions
- Legal Service Institutions
- Other institutional services
Global Office printing papers Market: Market Participants
Some of the key players operating in the global office printing papers market are:
- Mondi Group plc
- DS Smith Packaging Limited
- International Paper Company
- WestRock Company
- KapStone Paper and Packaging Corp
- Stora Enso Oyj
- Sonoco Products Company
- Smurfit Kappa Group Plc..
- Georgia-Pacific LLC
- Oji Holdings Corporation
- Pratt Industries, Inc.
- Great Little Box Company Ltd.
This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters. A thorough analysis has been offered by the report on
- Market Dynamics
- Market Size
- Market Segments
- Demand & Supply Trends
- Current Issues and Challenges
- Companies and Competitor Landscape
- Value Chain
- Technology
Regional Segments Analyzed Include
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- Middle East and Africa (GCC, S. Africa, N. Africa)
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Compilation of authentic and first-hand intelligence, insights offered in the report are based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain. Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed. Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report.
Highlights from the Report
- Elaborated scenario of the parent market
- Transformations in the market dynamics
- Detailed segmentation of the target market
- Historical, current and forecast market size based on value and volume
- Latest industry developments and trends
- Competition landscape
- Strategies adopted by the market players and product developments made
- Potential and niche segments, along with their regional analysis
- Unbiased analysis on performance of the market
- Up-to-date and must-have intelligence for the market players to enhance and sustain their competitiveness