Envelope Paper Market Regional Analysis:
APAC Market Insights
Asia Pacific region is projected to account for more than 36.1% market share by 2035, driven by higher paper consumption and rising population in the region. 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.
