Converting paper finds applications in the sanitary and packaging industry. The consumption of converting paper is growing rapidly for tasks other than printing and writing across the globe. Converting paper finds applications in the growing industrial packaging industry, owing to sustainability and low cost as compared to other materials such as metal, glass, or plastic. Converting paper materials is used in the manufacturing of absorbents, liners, and bulk containers owing to increasing the quality of products, in the recent past.
Converting paper finds applications in packaging industry. This is owing to evolving packaging industry and stringent government regulations regarding intolerance for plastic products in packaging. Therefore, significant growth in the packaging industry is expected to boost the global Converting Paper Market during the forecast period. According to a fact book released by ‘Interpack Alliance’, by 2020, the Indian packaging industry is projected to generate a revenue of US$ 73.00 billion from US$ 32.00 billion in 2015.
Market Dynamics
Among applications, the writing paper segment is expected to hold a significant market share in the global Converting Paper Market over the forecast period. Writing papers are paper grades used for commercial printing, newspapers, catalogs, books, business forms, magazines, stationeries, copying, and for digital printing.
Among regions, Asia Pacific held a dominant position in the global Converting Paper Market, in terms of revenue share, in 2022. This is owing to the increasing demand for personal hygiene products and the high use of converting paper in making hygiene paper products such as tissue paper, baby diapers, and others. This is attributed to growing health awareness and increasing healthcare investment, which is propelling the growth of the global Converting Paper Market in this region. According to the Centers for Medicare & Medicaid Services (CMS), U.S., healthcare investment increased by 3.9% and reached US$ 3.5 trillion or US$ 10,739 per person in 2017 from US$ 3.3 trillion or US$ 10,348 per person in 2016.
Key features of the study:
- This report provides in-depth analysis of global Converting Paper Market and provides market size (US$ Million) and Compound Annual Growth Rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by key players
- It profiles key players in the global Converting Paper Market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered as a part of this study include International Paper Company, Georgia-Pacific LLC, Finch Paper LLC, Burgo Group SPA, Alberta Newsprint Company Ltd., Rolland Enterprises Inc., P.H. Glatfelter Co., American Eagle Paper Mills, Asia Pacific Resources International Holdings Ltd., Canfor Corporation, Domtar Corporation, Twin Rivers Paper Company Inc., UPM-Kymmene Oyj, BillerudKorsnäs AB, Catalyst Paper Corporation, Clearwater Paper Corporation, Stora Enso Oyj, Verso Corporation, Mitsubishi Paper Mills Limited, Delta Paper Corp., and others
- Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future products launches, technology up-gradation, market expansion, and marketing tactics
- The global Converting Paper Market report caters to various stakeholders in this industry including investors, suppliers, converting paper manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global Converting Paper Market
Detailed Segmentation:
- Global Converting Paper Market, By Application:
- Newsprint
- Hygiene Paper
- Printing Paper
- Writing Paper
- Packaging
- Others
- Global Converting Paper Market, By Pulp Type:
- Mechanical Wood Pulp
- Semi-chemical Pulp
- Chemical Wood Pulp
- Non-wood Pulp
- Recycled Pulp
- Global Converting Paper Market, By Paper Type:
- Global Converting Paper Market, By End use Industry:
- Food Service
- Packing and Wrapping
- Printing
- Consumer Goods
- Others
- Global Converting Paper Market, By Geography:
- North America
- Latin America
- Brazil
- Argentina
- Rest of Latin America
- Europe
- Germany
- Italy
- France
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Middle East & Africa
- Company Profiles
- Georgia-Pacific LLC.*
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- 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.
- Stora Enso Oyj
- Canfor Corporation
- Clearwater Paper Corporation
- P.H. Glatfelter Co.
- Mitsubishi Paper Mills Limited
- BillerudKorsnäs AB
- Twin Rivers Paper Company Inc.
- Delta Paper Corp.
- Asia Pacific Resources International Holdings Ltd.
- Alberta Newsprint Company Ltd.
“*” marked represents similar segmentation in other categories in the respective section.
