Envelope Paper Market Share

APAC Market Statistics

The Asia Pacific envelope paper market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2037. The growth of the market can be attributed to higher consumption of paper, backed by the presence of multiple documents in form of paper in several government and private organizations. For instance, China is estimated to nearly 100 million tons of paper consumption every year. Furthermore, a rise in the regional population is also estimated to propel market growth over the forecast period. As of 2021, the population of India alone is estimated to hit approximately USD 1 billion which accounts for approximately USD 3 trillion of the nation’s gross domestic product (GDP). As the population rises, the demand for envelope paper is still set to rise owing to the current utilization of envelope paper for several purposes, such as official documentation, postal uses, and others. For instance, in 2023, the domestic postal mail volume of Japan was ascribed to nearly 20 billion items, while approximately 25 million items were internationally dispatched via postal mail. Hence, such factors are estimated to boost the growth of the market over the forecast period.