What is the Impact of the COVID-19 Crisis on the Thin Papers Market?

Global Thin Papers market: Overview

Environmental impacts of products are intertwined with their financial performance. Hence smart resource management is essential. Thin papers provide an efficient solution to this problem, in the printing and packaging industry. Thin papers market is expected to witness high growth in the near future as the demand for lightweight packaging is growing by leaps & bounds. Thin papers are available in different type of paper classifications which may include papers from newspaper to kraft paper for packaging. Thin papers are used for a variety of packaging applications. Manufacturers are seeking more durable options than the ground wood paper which is used for newspaper printing, boosting the global thin papers market.

Thin Papers: Financial Benefits

By lowering the weight of paper, manufacturers are reducing the cost of papers shipping & mailing costs. The thinner paper uses less amount of raw materials for its manufacturing, adding a valuable feature. Thin papers are available in different gauges which allows brand owners to reduce costs according to their requirements. The profit margin of the manufacturers is improvising due to increasing use of thin papers.

Global Thin Papers market: Dynamics

The wide range of applications such as wrapping and other paper-based packaging materials are boosting the growth of the global thin papers market. The selection of thin paper ultimately affects profitability margin of a manufacturer. The cost-effectiveness of thin paper processing is the key driving factor for the global thin papers market. The tensile strength capabilities can hamper the growth of thin papers market. Thin papers manufacturing uses softwood fiber which gives the paper a sufficient amount of flexibility and strength. Long softwood fiber is more effective material to make thin papers with appropriate quality specifications. Thin papers market is expanding in the Asia Pacific region, as per the increment in the packaging and printing industry. The Fine art papers are used by brand owners to promote their business and for marketing of a variety of products. The thickness of these papers varies according to its usage based on its application. Thin papers have an impact on the appearance of fine art papers, growing market demands.

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Global Thin Papers market: Segmentation

On the basis of Basis Weight, the global thin papers market has been segmented as

  • <30 gsm
  • 40 gsm
  • 50 gsm
  • <60 gsm

On the basis of product type, the global thin papers market has been segmented as

  • Specialty paper
  • Printing paper
  • Kraft paper
  • Wood-free paper

On the basis of Application, the global thin papers market has been segmented as

  • Books
  • Magazines
  • Newspapers
  • Packaging

On the basis of End Use, the global thin papers market has been segmented as

  • Food & beverages
  • Electronics & Electricals
  • Cosmetic & Personal Care
  • Pharmaceuticals
  • Homecare products

Global Thin Papers market: Regional Outlook

The global thin papers market is estimated to expand during the forecast period due to increasing inclination of consumer preferences towards reusable and recyclable products. The North America thin papers market is expected to experience remarkable growth in the upcoming years, as consumer preference in inclined towards more sustainable products. The Asia Pacific region is expected to account for a substantial market share in terms of volume as per the increment in the growth of the retail sector. Increasing industrial use of paper for packaging or printing purposes is growing the demand for thin papers, as manufacturers opt compact and cost-effective solution.

Global Thin Papers market: Key Players

  • Ahlstrom-Munksjö
  • Bolloré Thin Papers, Pdl.
  • UPM Communication Papers
  • Drewsen Spezialpapiere
  • Nippon Paper Papylia Co., Ltd.
  • Mondi Group
  • Puli Paper Mfg. Co., Ltd.

Global Thin Papers Market: Key Developments

  • Companies in thin papers market are investing in manufacturing innovative packaging solutions required for food safety purposes and other consumer goods
    • In August 2018, Drewsen Spezialpapiere launched a new mineral oil repellent barrier paper for food protection
  • Mergers and acquisitions are opted by manufacturers for their growth
    • Ahlstrom-Munksjö acquired Caieiras specialty paper mill in Brazil & Expera

On the basis of region, Global Thin Papers Market has been segmented as

  • North America
  • Latin America
  • Eastern Europe
  • Western Europe
  • The Asia Pacific excluding Japan
  • The Middle East and Africa
  • Japan

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with thin papers market attractiveness as per segments. The report also maps the qualitative impact of various market factors on thin papers market segments and geographies.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

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The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.