A significant Copier Paper Market survey study has been created with the most up-to-date knowledge and analysis to deliver maximum benefits to the FMI Research business. The Copier Paper Market research may be used by both established and new participants in the sector to gain a full overview of the market. This research also includes historical data, current, and future market trends, the environment, technological innovation, upcoming innovations, and technological breakthroughs in the related industry.
The scope of the Copier Paper Market study includes industry research, customer insights, market sizing and forecasting, competitive analysis, market entrance strategy, price trends, sustainability trends, innovation trends, technical evolution, and distribution channel assessment.
The global market for copier paper is anticipated to reach $14.9 billion in 2022. Demand is predicted to expand at a 1.2 percent CAGR between 2022 and 2027, totaling US$ 15.8 billion by 2027, as the educational industry recovers from the COVID-19 impact.
Copier paper is a fine uncoated paper that is frequently used for printing and copying. Printing papers are heavier and more expensive than copier paper. As a result, the two papers are frequently mixed up.
The global copier paper market has been segmented based on thickness, paper size, material type, and end-use. Due to its widespread use in both commercial and consumer printing, A/4 size copier paper has the biggest market share in the global copier paper industry.
The Global Copier Paper Industry’s Recent Trends
In January 2018, paper makers in the Asia Pacific region upped the price of plain copier paper to compensate for rising pulp costs. Paper prices have increased by 20% at Asia Symbol and Asia Pulp & Paper, for example. The same pattern is expected to be followed by other Asian copier paper makers.
JK Paper Ltd, one of India’s leading copier paper makers, has invested INR 1775 crores in boosting its production capacity and lowering water and energy use. The company is taking these efforts to meet the increased demand for copier paper in the industry.
Outlook for Countering Digitization Penetration
Emerging economies such as the Asia Pacific and Latin America are projected to display great development potential during the projection period, driving market participants to expand their footprint in these regions. Paper is being phased out of different businesses in developed economies as they rapidly move toward digitization.