The Paper Pigments Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Paper Pigments Global Market Report 2024, The paper pigments market size has grown strongly in recent years. It will grow from $16.6 billion in 2023 to $17.59 billion in 2024 at a compound annual growth rate (CAGR) of 6.0%. The growth in the historic period can be attributed to growth in paper and packaging industry, increasing demand for specialty papers, rising disposable income and consumer goods demand, globalization and trade of paper products, shift towards eco-friendly pigments, government regulations on packaging materials.
The paper pigments market size is expected to see strong growth in the next few years. It will grow to $22.03 billion in 2028 at a compound annual growth rate (CAGR) of 5.8%. The growth in the forecast period can be attributed to consumer preferences for high-quality printing, adoption of recycled paper, biodegradable packaging materials, stringent regulations on chemicals, customization in packaging design, population growth and urbanization.. Major trends in the forecast period include rise in digital printing and specialty papers, technological advancements in pigment production, shift towards water-based pigment dispersions, increasing use of synthetic and organic pigments, demand for high-performance pigments in packaging, integration of pigments in sustainable packaging.
The high demand for paper in emerging countries is driving the demand for the paper pigments market. Emerging countries are the countries whose economies are transitioning into developed economies, and their examples include countries such as India, Brazil, and so on. Paper pigments are used in the manufacturing process of paper for coating as well as for other purposes, and an increase in the demand for paper will in turn drive the demand for paper pigments. For instance, according to the Indian Paper Manufacture Association (IPMA), an independent body of paper manufacturers in India, paper consumption in India is likely to witness 6% to 7% annual growth and will reach 30 million tons by the financial year 2026-27. Therefore, the high demand for paper in emerging countries will drive the growth of the paper pigment market.
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The paper pigments market covered in this report is segmented –
1) Paper Pigments Market By Type: Calcium Carbonate, Kaolin, Titanium Dioxide, Clay, Other Types
2) Paper Pigments Market By Application: Coated Paper, Uncoated Paper
3) Paper Pigments Market By Industry Vertical: Print Media, Stationary, Packaging, Personal Care, Other Industry Verticals
Top Major Players
Product innovation is a key trend in the paper pigment market. Major players operating in the market are introducing innovative sustainable features with high performance in pigment stabilization. For instance, in October 2021, Sun Chemical, a US-based producer of printing inks and coatings, launched Xennia Pearl pigment inks. Xennia Pearl pigment inks are sustainable, as they reduce water use and chemical waste. This pigment has exceptional print performance, high fastness, multi-substrate compatibility, and consistent color.
The paper pigments market report table of contents includes:
1. Executive Summary
2. Paper Pigments Market Characteristics
3. Paper Pigments Market Trends And Strategies
4. Paper Pigments Market – Macro Economic Scenario
5. Global Paper Pigments Market Size and Growth
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31. Global Paper Pigments Market Competitive Benchmarking
32. Global Paper Pigments Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Paper Pigments Market
34. Paper Pigments Market Future Outlook and Potential Analysis
35. Appendix
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