Report Description
A recent market
intelligence report that is published by Data Insights Partner on the
global Converting Paper Market makes an
offering of in-depth analysis of segments and sub-segments in the regional and
international Converting Paper Market. The research also emphasizes on the impact of restraints,
drivers, and macro indicators on the regional and global Converting
Paper Market over the short as
well as long period of time. A detailed presentation of forecast, trends, and
dollar values of global Converting Paper Market is offered. In accordance with the report, the global
Converting Paper Market is projected to
expand by healthy CAGR over the period
of forecast.
Market Insight, Drivers, Restraints,
Opportunity & Trends of the Market:
Definition
The
process of recycling paper so that it is converted into a consumable good is
called converting paper. For instance, this process can be employed in the
production of paper containers, paper boxes, paper bags, envelopes and many
such paper related products. The process of converting paper includes
operations like treating, slitting and sheeting, grooving and punching,
folding, perforating, blocking, binding and gluing and laminating among others.
Market Drivers
The
converting paper market is finding out immense application in the sanitary
industry for the production of baby diapers, tissues and sanitary napkins. The
surging population in general and the growing female population around the
globe is providing the initial impetus to this market.
Growing
environmental concern is charging up this market. Firstly, converting paper
packages are superior to plastic packages owing to their bio-disposability.
Secondly, recycling and reusing paper is good step towards sustainable
development and environmental protection.
The
convenience associated with the adoption of converting paper as packages is
fueling this market. They not only form efficient packages but also are
lightweight. This kind of packaging is being increasingly incorporated in the
industrial packaging sector on account of its sustainability and
cost-effectiveness. Rapid industrialization especially I the developing and
less-developed nation is bolstering the growth of this market.
The booming E-commerce sector is empowering
the growth prospects of this market. to support shipment packaging, these
industries are demanding packages of minimum weight complementary to efficient
packaging solutions. Moreover, packaging plays a pivotal role in widening the
consumer base because of the aesthetic pleasure associated with it. Companies
are opting for diverse packaging solutions to grab the attention of the
consumers. Thus, the craze for broadening market share and the flourishing
e-commerce sector is augmenting the growth of this market.
The
food and beverage sector employs converting paper packages. The evolving food
and beverage sector owing to the soaring consumer dependence on them is
accelerating the growth of the converting paper market.
Market Restraints
The
process of digitalization is straining the growth of this market. The
abandoning of traditional paper work and paper market owing to the availability
of books, news, magazines and other articles is negatively affecting this
market. In earlier days, bookkeeping was done through paper and pen works, but
with the advent of technology, computer programs and internet are gaining
reliability which is hindering the growth of this market.
Further,
environmental concerns are threatening the growth of this market. recycling and
converting of paper requisites paper which is severely leading to
deforestation. This in turn is affecting various aspects of human civilization
which is impeding the growth of the converting paper market.
Paperless
mode of communication and paperless activities are taking a toll on the converting
paper market.
Opportunities
Converting
paper packaging solutions is expected to thrive and grow in course of time
owing to the environmental degradation attributable to the deployment of
plastic and polymer-based packaging solutions.
The
flourishing end use sectors like the sanitary industry, e-commerce sector, food
and beverage sector and different other markets are likely to provide a good
scope to this market. Further, rapid industrialization is will provide
lucrative opportunities to this market for growth.
Trends
At
present North America dominates the market for converting paper market and is
expected to continue its domination in the forecast period. This progress can
be traced back to the rising intolerable attitude towards the use of plastic packaging
and the evolution of the packaging industry in the converting paper segment.
Europe is also estimated to witness significant growth because of the
skyrocketing paper production in this region. The modernization of machinery
and equipment and improvement of the net capacity are other factors propelling
the growth of converting paper market in the forecast period. Asia Pacific
region is projected to emerge as the fastest growing region in this market in
the forecast period. The rapid development and evolution of packaging industry
in India and China are attributable to such progress in this region. Globally,
the converting paper market is approximated to grow at a CAGR of 2.2% in the
forecast period.
Segment Covered:
This market
intelligence report on the global Converting Paper Market encompasses market segments based on paper type, pulp
type, end use and country.
By Paper
Type the global Converting Paper Market has been divided into:
q Coated
q Uncoated
By Pulp Type the global Converting
Paper Market has been divided into:
q Recycled
Pulp
q Non-Wood
Pulp
q Chemical
Wood Pulp
o
Sulphite Pulp
o
Sulphate Pulp
q Semi-Chemical
Pulp
q Mechanical
Wood Pulp
By End
Use the global Converting Paper Market has been divided into:
q Consumer
Goods
q Printing
q Packing
& Wrapping
q Food
Services
q Others
By country/region,
the global Converting Paper Market has been divided into:
q North
America (the U.S., Canada),
q Latin
America (Brazil, Mexico, Argentina and other countries),
q Europe
(Germany, France, the U.K., Spain, Italy, Russia, and other countries),
q Asia
Pacific (India, Japan, China, Australia and New Zealand and other countries),
q Middle
East and Africa (GCC, South Africa, Israel and Other countries).
Profiling of Market
Players:
This business
intelligence report offers profiling of reputed companies that are operating in
the market. Companies such as:
q Georgia
Pacific Pro
q Cascades
Inc
q Twin
Rivers Paper Company
q CROWN
PAPER CONVERTING
q WCPM
Limited
q Long
Horn Paper
q American
Eagle Paper Mills
q Clearwater
Paper Corporation
q Finch
Paper LLC
q Alberta
Newsprint Company
others have been
profiled into detail so as to offer a glimpse of the market leaders. Moreover,
parameters such as Converting Paper Market related investment & spending and developments by
major players of the market are tracked in this global report.
Report Highlights:
In-depth
analysis of the micro and macro indicators, market trends, and forecasts of
demand is offered by this business intelligence report. Furthermore, the report
offers a vivid picture of the factors that are steering and restraining the
growth of this market across all geographical segments. In addition to that, IGR-Growth
Matrix analysis is also provided in the report so as to share insight of the
investment areas that new or existing market players can take into consideration.
Various analytical tools such as DRO analysis, Porter's five forces analysis
has been used in this report to present a clear picture of the market. The
study focuses on the present market trends and provides market forecast from
the year 2020-2028. Emerging trends that would shape the market demand in the
years to come have been highlighted in this report. A competitive analysis in
each of the geographical segments gives an insight into market share of the
global players.
Few Recent Developments
Cascades Inc
In July 2019,
the announcement of acquiring Orchids Paper Products Company was made by
Cascades Inc for USD 207 million. This acquisition was primarily aimed towards
the improvement of the company’s manufacturing facilities.
Twin Rivers Paper Company
In June 2018, a
paper mill facility situated at Arkansas, US was acquired by Twin Rivers Paper
Company. This facility was expected to improve the operational efficiency and
effectiveness of the company.
Georgia Pacific Pro
In October 2018,
Dixie Ultra Insulair Paper Hot Cup was introduced by Georgia Pacific Pro. This
product provides air pocket facility for the insulation of hot beverage.
Salient Features:
Ø
This study offers
comprehensive yet detailed analysis of the Converting
Paper Market, size of the
market (US$ Mn), and Compound Annual Growth Rate (CAGR (%)) for the period of
forecast: 2020-2028, taking into account 2019 as the base year
Ø
It explains upcoming
revenue opportunities across various market segments and attractive matrix of
investment proposition for the said market
Ø
This market
intelligence report also offers pivotal insights about various market opportunities,
restraints, drivers, competitive market strategies of leading market players,
emerging market trends, and regional outlook
Ø
Profiling of
key market players in the world Converting Paper Market is done by
taking into account various parameters such as company strategies, distribution
strategies, product portfolio, financial performance, key developments,
geographical presence, and company overview
Ø
The data of
this report would allow management authorities and marketers of companies alike
to take informed decision when it comes to launch of Type of models, government
initiatives, marketing tactics and expansion, and technical up gradation
Ø
The world
market for Converting Paper caters to the needs of various stakeholders pertaining to this
industry, namely suppliers, manufacturers, investors, and distributors for Converting
Paper Market. The research
also caters to the rising needs of consulting and research firms, financial
analysts, and new market entrants
Ø
Research
methodologies that have been adopted for the purpose of this study have been
clearly elaborated so as to facilitate better understanding of the reports
Ø
Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
Ø
Ample number
of examples and case studies have been taken into consideration before coming
to a conclusion
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the investment
opportunities in the Converting Paper Market
v
Identification
of key factors driving investment opportunities in the Converting
Paper Market
v
Facilitate
decision-making based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to
your competitors’ business structure, strategy and prospects
v
Identify key
strengths and weaknesses of important market participants
