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Global Converting Paper Market – Industry Trends and Forecast to 2026

Author: Suraj Hambire
by Suraj Hambire
Posted: Jul 29, 2019

Market Definition: Global Converting Paper Market

Converting paper are the paper-based products that are formulated after undergoing a conversion process which essentially means the production of products such as writing paper, newsprint paper, printing paper, hygiene paper and various other variants from paper. This conversion is carried out to provide specially designed products differentiated on the grading and their unique features.

Market Analysis: Global Converting Paper Market

Global converting paper market is expected to register a steady CAGR of 2.3% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value can be attributed to the increasing demand for low costing sustainable products from the packaging industry.

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Global Converting Paper Market Segmentation:

Global Converting Paper Market By Application (Newsprint, Hygiene Paper, Printing Paper, Writing Paper, Packaging, Others)

Pulp Type (Mechanical Wood Pulp, Semi-Chemical Pulp, Chemical Wood Pulp, Non-Wood Pulp, Recycled Pulp)

Paper Type (Coated, Uncoated)

End-Use Industry (Food Service, Packing & Wrapping, Printing, Consumer Goods, Others)

Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026

Key Market Competitors:

Few of the major competitors currently working in the global converting paper market are American Eagle Paper Mills; Georgia-Pacific; International Paper; UPM; Domtar Corporation; Verso Corporation; Burgo Group spa; Catalyst Paper; Cascades inc.; Finch Paper LLC; Stora Enso; Canfor; Clearwater Paper Corporation; Glatfelter; Twin Rivers Paper Company; Alberta Newsprint Company; WCPM Limited; CROWN PAPER CONVERTING; KRPL; Long Horn Paper; Norkol, Inc & Converting and Nippon Paper Industries Co., Ltd. among others.

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Market Drivers:

  • Increasing demand for efficient and lightweight packaging products are expected to positively affect the growth of the market
  • Increasing adoption of e-commerce shopping coupled with increased industrial packaging products will drive the market growth
  • Vast areas of application of the products such as packaging, printing paper, commercial applications in offices, hygienic products and various others is expected to drive the growth of the market

Market Restraints:

  • Significant surge in adoption of digitalization practices is expected to hinder the growth of the market
  • Growing environmental concerns regarding the usage of paper and deforestation activities are factors expected to restrict the growth of the market

Competitive Analysis:

Global converting paper market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of converting paper market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Key insights in the report:

  • Complete and distinct analysis of the market drivers and restraints
  • Key Market players involved in this industry
  • Detailed analysis of the Market Segmentation
  • Competitive analysis of the key players involved

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Author: Suraj Hambire

Suraj Hambire

Member since: Jul 09, 2019
Published articles: 90

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