To provide optimum benefits to the FMI Research industry, an influential Copier Paper Market survey study has been organized with the most up-to-date insight and analysis. For a thorough understanding of the market, both established and new participants in the sector can use the Copier Paper Market research. In addition, this study contains historical data, current, and future market trends, the environment, technological innovation, forthcoming technologies, and technical advancements in the associated sector. Industry research, customer insights, market sizing and forecast, competitive analysis, market entrance strategy, price trends, sustainability trends, innovation trends, technological evolution, and distribution channel assessment are all included in the scope of the Copier Paper Market report.
In 2022, the global copier paper market is expected to reach US$ 14.9 billion. With the educational industry recovering from the COVID-19 impact, demand is expected to grow at a 1.2 percent CAGR between 2022 and 2027, totaling US$ 15.8 billion by 2027.
Copier paper is a fine uncoated paper used for printing and copying regularly. Copier paper is lower in weight and less expensive than printing papers. As a result, both papers are frequently interchanged.
Thickness, paper size, material type, and end use have all been used to segment the global copier paper market. The A/4 size copier paper has the largest market share in the global copier paper industry, owing to its widespread use in both commercial and consumer printing. Both virgin and recycled pulp can be used to make copier paper. The most common thickness for copier paper is 50-80 GSM, which gives adequate brightness and assures effective printing.
Recent Trends in the Global Copier Paper Industry
To compensate for rising pulp costs, paper manufacturers in the Asia Pacific area raised-used the price of plain copier paper in January 2018. Asia Symbol and Asia Pulp & Paper, for example, have increased the price of paper by 20%. Other manufacturers in the Asian copier paper industry are expected to follow the same pattern.
JK Paper Ltd, one of India’s largest copier paper manufacturers with a market share of more than 20%, has invested INR 1775 crores in expanding its production capacity and reducing water and energy use. The corporation is taking these steps to accommodate the market’s growing demand for copier paper.
Countering Digitization Penetration Outlook
During the projection period, emerging economies such as the Asia Pacific and Latin America are likely to demonstrate enormous development potential, prompting market participants to increase their footprint in these regions. Developed economies are rapidly moving toward digitization, with the paper being phased out of various operations.