Paper Pigments Market Regional Analysis:
APAC Market Insights
Asia Pacific region is projected to account for more than 44% market share by 2035. The growth of the market can be attributed majorly to the high consumption of paper in the region. China is the largest producing country which produced 120 million tons of paper in 2020. Further, the high consumption of paper units in the region is another growth factor of the market. As per the estimations in 2018, about 460 billion units of paper and paperboard packaging are used across the Asia Pacific region. The increasing number of educational institutions and growing industries across the region are estimated to propel market growth. The rising number of hospitals and healthcare centers is also anticipated to drive market growth in the coming years. Also, the growing paper packaging industries in the region is also expected to hike the market growth.
North American Market Insights
Further, the North American paper pigments market is also anticipated to drive market growth owing to the increasing presence of dominant key players in the region. Additionally, the rising number of pigments available in the region is also estimated to drive market growth. The increasing utilization of tissue paper and toilet paper in the region is also the reason for the hike in market growth. According to the estimations, the amount of toilet paper used by Americans in the year 2020 was over 320 million.
