Global Converting Paper Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028

“Global Converting Paper Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global converting paper market report has been segmented on the basis of application, paper type, pulp type, end use, and region.

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Global Converting Paper Market: Overview

Paper converting is a process of re-using a paper and convert it into another usable product. Converting paper is widely used among various end-use applications such as packaging, printing, etc.

Global Converting Paper Market: Dynamics

Increasing demand for reusable and environment-friendly paper among the packaging industry is one of the major factor expected to support the revenue growth of the global market. This demand is attributed to a low-cost packaging solution as well as nature friendliness of the paper material. In addition, converting paper is frequently used for producing personal hygiene products such as sanitary napkins, tissues, baby diapers, etc., which is a major factor expected to drive growth of the global market.

However, the increasing digitalization of newspapers and other paper-based objects such as books, magazines, etc. is one of the major factor expected to hamper growth of the global converting paper market. In addition, stringent regulations of the government authorities regarding deforestation and environmental concerns are some other additional factors projected to challenge the target market growth over the forecast period.

Major players operating in the global market are adopting various strategies such as merger and acquisitions, new product launches, etc. in order to create a strong position in the global market and is among the key trend witnessed currently. For instance, In October 2018, Georgia-Pacific LLC, which is a US-based company launch Dixie Ultra Insulair Paper Hot Cup –with air pockets that insulate the hot beverage from the cup holder’s hands

Global Converting Paper Market: Segmental Analysis

Among the application segments, the writing paper segment is projected to register significant growth, owing to the increasing utilization of writing paper for newspapers, commercial printing, digital printing, etc. Among the paper type segments, the paper type segments, the coated paper segment is expected to account maximum shares of the global market. Among the pulp type segments, the chemical wood pulp segment is projected to contribute significant revenue shares of the global market over the forecast period. Chemical wood pulp is frequently used for various types of paper product that require strength, such as paper bags, printing and writing papers, shipping containers, etc. Among the end use segments, the packaging & wrapping segment is expected to register substantial growth, owing to increasing adoption of converting paper in the packaging industry.

Global Converting Paper Market: Regional Analysis

North America is expected to dominate the global market and continue its dominance over the forecast period. This is attributed to increasing demand for personal hygiene products and utilization of the converting paper for producing personal hygiene paper products including baby diapers, tissue papers, etc. Asia Pacific market for convertible paper is projected to register significant growth, owing to the growing awareness regarding the environment, rapidly growing e-commerce sector and higher consumer preference for converting paper packaging formats in countries in the region.

Global Converting Paper Market Segmentation:

Segmentation by Application:

• Newsprint
• Hygiene Paper
• Printing Paper
• Writing Paper
• Packaging

Segmentation by Paper Type:

• Uncoated
• Coated

Segmentation by Pulp Type:

• Mechanical Wood Pulp
• Non-Wood Pulp
• Chemical Wood Pulp
• Semi-chemical Pulp
• Recycled Pulp

Segmentation by End Use:

• Packaging & Wrapping
• Food Service
• Printing
• Consumer Goods

Segmentation by Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa