Global Inkjet Paper Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
Inkjet paper is a special fine paper designed for inkjet printers, typically classified by its weight, brightness and smoothness, and sometimes by its opacity.
Market Overview:The latest research study on the global Inkjet Paper market finds that the global Inkjet Paper market reached a value of USD 13163.33 million in 2022. It’s expected that the market will achieve USD 20138.6 million by 2028, exhibiting a CAGR of 7.34% during the forecast period.
Drivers
With the development of the economy, the advancement of technology and the improvement of people's living standards, as consumers' purchasing power increases, pharmaceutical and food packaging labels are usually manufactured using inkjet paper, and pharmaceutical and food manufacturers basically use inkjet. The demand for packaging and labeling in developing countries is very high; these factors are driving the development of the inkjet paper industry.
In addition, in developed markets, they have more international companies, good channels, high market maturity, fierce competition, highly competent management teams, technical and financial advantages, continuous innovation, and outstanding market participants. Investing in R&D and launching products with new technologies all add to the growing market demand for inkjet paper.
Opportunities
Improve performance
With the advancement of science and technology, more advanced materials and production methods, the company's investment will have more cost-effective, high-performance products, such as glossy finish inkjet paper.
Emerging countries
For example, in China, India is developing its own industry. With the advancement of economy and technology, the downstream demand is increasing. For example, the packaging industry and the advertising industry are increasing. The Inkjet Paper market has huge market potential in the future.
Region Overview:North America is projected to account for a considerable share of the Inkjet Paper market and is expected to become the largest region by 2028.
Company Overview:Mitsubishi is one of the major players operating in the Inkjet Paper market, holding a share of 8.89% in 2023.
Mitsubishi
Mitsubishi Paper Mills Limited, together with its subsidiaries, produces, processes, and sells paper, pulp, and photosensitive materials in Japan, Europe, rest of Asia, North America, and internationally.
Epson
Seiko Epson Corporation, together with its subsidiaries, develops, manufactures, sells, and provides services for products in the printing solutions, visual communications, wearable and industrial products, and other businesses in Japan, the United States, China, and internationally.
Segmentation Overview:As for product types, the Inkjet Coated Paper segment held the largest market share in 2022.
Inkjet Coated Paper
It is made of paint coated with inkjet paper composed of pigments, binders and related additives.
Inkjet Uncoated Paper
A paper surface-applied on a paper machine by special internal sizing and special surface sizing at the machine press section.
Application Overview:By application, the Commercial segment occupied the biggest share from 2018 to 2022.
Key Companies in the global Inkjet Paper market covered in Chapter 3:Mitsubishi
Fujifilm
Nippon Paper
Domtar
Epson
Kodak
Stora Enso
Sappi
Oji Holdings
Deli
Hahnemuhle
Canon
HP
International Paper
Lucky Film
FILA Group
In Chapter 4 and Chapter 14.2, on the basis of types, the Inkjet Paper market from 2018 to 2029 is primarily split into:Inkjet Coated Paper
Inkjet Uncoated Paper
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Inkjet Paper market from 2018 to 2029 covers:Household
Commercial
Other
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)