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Printing and Writing Papers Market to Witness Exponential Growth by 2024

May 8th 2019 at 11:33 AM

The printing and writing papers market has been impacted slightly undesirably in developed regions such as North America and Europe on account of consistent decline in production. However, Asia Pacific has demonstrated a good demand and increased production along with significant growth potential. Declined consumption rate in North America has affected tissue producers with low availability of recovered paper and greater recycling cost. For the forecast period 2016–2024, the uncoated mechanical products are foretold to be in the limelight. The report has segmented the international printing and writing papers market based on not only product type but also other key parameters with a view to help understand their future and influence in the global market.

The global printing and writing papers market report sheds light on the important factors that are likely to impact the growth of key players and the current market trends. Interested parties can take a view at the industry growth rates with the help of the technology growth map presented in the report. The analysts have also unbiasedly researched about the restraining factors followed by the prominent opportunities in the global market.

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The global printing and writing papers market draws a high demand from the use of tissue and packaging products. The need for printing and writing papers of the tissue and packaging industry has specifically sprung from the elevating demand from containerboards. However, the environmental regulations related to the paper and pulp sector could act as a major constraint. Howbeit, with emerging markets welcoming novel packaging techniques, the global market is projected to witness a great opportunity from cementing its growth. If the leading applications are concerned, commercial printing has primarily stole the spotlight from other application segments. Printing and writing papers also find extensive usage in digital printing, catalogs, magazines, stationeries, and office reprographics.

The countries in regions such as Europe, North America, and South America are anticipated to cut back on the growth level in the near future, owing to the stagnant nature of their markets. Due to the rising demand to cover for the use of printing and writing papers in packaging applications, the Rest of the World geographies are expected to open new opportunities for growth. Asia Pacific, on the other hand, is envisaged to demonstrate a meteoric rise in the global market while riding on its lower per capita consumption of paper but higher production than the other regions. Besides this, the national governments of Asia Pacific nations such as India and China are concentrating on the improvement of literacy rates through various initiatives. This has significantly augmented the demand in the Asia Pacific region.

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