Paper Pigments Market Segmentation:
Application Segment Analysis
The global paper pigments market is segmented and analyzed for demand and supply by application into coated paper and uncoated paper. Out of the two types, the uncoated paper segment is estimated to gain the largest market share over the projected time frame. The growth of the segment can be attributed to the increasing use of magazines, digital printing, catalogs, and newspapers. The newspapers and magazines are the daily routines of many industries and organizations to get updates on the sector. The newspaper carries industrial, political, and other types of general information. The increasing use of newspapers by many educational students to gather information is also estimated to boost the market growth. The number of people who used newspapers in the U.S. in the year 2020 as per the estimations was about 24 million on weekdays and over 25 million on weekends.
End-user Segment Analysis
The global paper pigments market is also segmented and analyzed for demand and supply by the end-user industry into print media, stationary, packaging, personal care, and others. Out of these, the packaging sector is anticipated to garner the highest market share by 2035. Fast industrialization has propelled the population to adopt online shopping, further prompting the production of paperboard. Thus, the high consumption of paperboard is estimated to foster the demand for paper pigments and expand the size of the market. According to records, the global consumption of paper and paperboard totaled 410 million tons in 2021. The consumption is projected to rise over the upcoming years and reach 480 million tons by 2032. The increasing number of people shopping in stores is also estimated to increase the market growth as many stores totally banned plastic for packaging products. Paper bags, paper cups, and paper plates in hotels and the food sector is driving the market growth during the forecast period.
Our in-depth analysis of the global market includes the following segments:
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By Type |
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By Application |
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By End User Industry |
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