Paper Dyes Market

Paper Dyes Market Outlook (2023-2033)

During the forecast period from 2023-2033, the paper dyes market is projected to expand at a CAGR of 2.5%, to reach a valuation of US$ 1.3 billion in 2033. The market is projected to hold a valuation of US$ 1.0 billion in 2023.

Paper pulps are finding applications in printing, manufacturing, and others. With the increasing consumption of paper in packaging, printing, and writing, paper dyes are extensively used to make paper packaging attractive as well as to provide visual effects to enhance sales of paper bags.

Report Attributes	Details
Paper Dye Market Size (2023E)	US$ 1.0 Billion
Forecasted Market Value (2033F)	US$ 1.3 Billion
Global Market Growth Rate (2023-2033)	2.5% CAGR
East Asia Market Share (2022)	~23.0%
Key Companies Profiled	Archroma Alliance Organics LLP Atul Ltd. Axyntis SAS BASF SE Chromatech Inc. Cromatos S.r.L Victor Color Industries Red Sun Dye Chem Keystone Aniline Corporation (Milliken & Company) Bhanu Dyes Private Limited Burboya Setas Color Center Shreem Industries DyStar Singapore Pte. Ltd. Vipul Organics Ltd. Kemira Oyj Bursa Boya Kimya Sanayi ve Tic. A.S

Market Dynamics Analysis in Projected Timeframe

Significant increase in the demand for flexible & lightweight material, paper accounts for a substantial share of the packaging industry, the growth of the packaging industry signifies the latent opportunity for paper dyes.

Paper dyes are widely used in the dyeing and printing of packaging papers as well as writing papers. Due to the use of high-speed, complex machines in the synthesis of dyes, the market for paper dyes is expanding rapidly worldwide, and this trend is expected to continue.

• Growth Factors for Short Term (2023-2026): Growing paper bag market to create a plethora of opportunities for the global paper dye market.
• Factors for Medium-Term Growth (2026-2029): The growing trend of advertising hoardings has led to a significant increase in demand for paper dyes, particularly in liquid form. Owing to paper dye's color fastness, long-lasting nature, and harsh weather resistance, the paper dyes market is expected to pace up in the medium term forecast.
• Long Term Growth Opportunities (2029-2033): The market will continue to expand as a result of a growing demand for high-tech, high-speed machinery, an increase in major corporations' expenditures on R&D, an increase in the rate of industrialization, an increase in the diversity of the end-user industry, and a growing emphasis on technological advancements and production technique modernization.

According to Fact.MR, the market for paper dye has grown at a CAGR of 2.0% from 2018 to 2022 and is expected to grow at a CAGR of 2.5% from 2023 to 2033

Factor’s Contributing to the Expansion of the Paper Dye Market

“Manufacturers to Remain Focused on Paper & Paper Dye Product Innovation”

With the recent advancement in the paper and pulp industry, obsolete technologies are replaced by new innovative technologies that are used for the production of paper and paper dye products. Novel technologies are being used by key players for improving the functionality of the product.

At the same time, manufacturers are directing toward the alternative source of paper products that would limit deforestation. Also, manufacturers are focused on developing organic dyes from natural sources that would ultimately drive the demand for paper dyes in the forecast period.

Particularly hoarding, pamphlet used in the advertisement industry is one of the major consumers of paper dye along with the packaging industry. Also, reusable papers with organic dye are the utmost required combination for the paper & pulp industry to flourish in the forecast period.

“Growing Food Chain Services to Boost Paper Dyes Demand”

The slothful economy has stimulated rigid competition among fast food operators, and fast food companies are continuing to expand into foreign countries. This expansion of food chain services across countries has penetrated the food packaging industry including the use of paper dyes for attractive packaging.

Changing lifestyles and rising incomes are primarily responsible for the increase in spending. At the same time, with the increase in demand for convenient food, the packaging needs to be flexible and handy for customers.

This in turn increases the need for paper consumption for food packaging. Growing food service industries, for instance, KFC, MC Donald, Starbucks, and many others are significant sectors.

“Habitat Destruction due to Deforestation to Hamper Consumption Paper Dye in the Market”

The pulp and paper industry is considered one of the largest and growing sectors in the world that are affecting global forests. Even in today’s digital world, we cannot spend a single day without interacting wood made products may they be paper boxes, trays, or tissue. This sector almost consumes near about 38.0% of all industrial wood.

According to World Wildlife Fund, the U.S. is one of the largest consumers of paper. The paper industry, which is run by practicing deforestation, has distasting effects on most of the green lands and various species. 14.0% of deforestation is done just to satisfy paper needs and obsessions. Thus to limit the rate of deforestation, less use of paper is being promoted by the government, therefore hampering the overall market demand.

Country-wise Insights

How Interesting Are the Growth Opportunities for Paper Dye Suppliers in the United States?

According to Fact.MR, the market for paper dyes is anticipated to expand significantly across the United States. In 2022, a valuation of more than US$ 267.0 million was anticipated. The e-commerce sector's widespread adoption of paper packaging is the primary driver of expansion.

In addition, a lot of paper is used to make tissues, especially toilet paper, to meet additional requirements for personal hygiene. However, consumers are becoming increasingly concerned about sustainability creating demand for organic paper dye.

Why China is Anticipated to Emerge as a Lucrative Market for Paper Dyes?

By 2033, China's market is projected to be worth more than US$ 240 million, growing at a CAGR of more than 4.0%. Demand is largely fueled by the high demand for paper packaging and personal hygiene products, as well as the high demand from paper & pulp manufacturers.

The paper and paperboard industry generated revenues exceeding US$ 217.5 billion and a gross profit of approximately US$ 19.0 billion in 2022, representing a growth rate of more than 20.0% year-over-year, according to data released by the Chinese National Bureau of Statistics. As a result, demand for paper dyes is likely to remain high into 2022 and beyond.

Category-wise Insights

Why are the Packaging & Boards Projecting High Demand for Paper Dyes?

With the growing e-commerce and online food delivery services, the demand for sustainable and durable packing increased. The use of paper dyes not only colors the paper but also gives an appealing look to it, eye-catching visuals, and 3D printing makes paper packaging tempting and consumers sometimes opt for paper bags due to the color or printing over it.

Owing to this, paper bag manufacturers across the globe are investing in paper dyes and creative artwork over paper bags or packages to increase their overall market value in a long run.

Which Paper Dye Type Is Highly Favored by End Users?

Basic dyes are expected to be the most popular type of dye, growing at a modest 3.0% CAGR over the forecast period. Due to their high tinctorial strength and relatively low price, demand is anticipated to be substantial.

Sales of direct dyes and sulfur dyes are also rising simultaneously, growing at a CAGR of over 4.0% between 2023 and 2033

Key Strategies Followed by Key Manufacturers

Prominent paper dyes manufacturers are Archroma, Alliance Organics LLP, Atul Ltd., Axyntis SAS, BASF SE, Chromatech Inc., Kemira Oyj, and Bursa Boya Kimya Sanayi ve Tic. A.S.

Product launches, capacity expansion through strategic collaborations, mergers and acquisitions, and R&D initiatives are some of the key paper dye manufacturers' go-to strategies to curb the demand pool and gain high-profit margins.

Fact.MR has provided detailed information about the price points of key manufacturers of paper dyes positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.

Segmentation of Paper Dyes Industry Research

• Paper Dyes Market by Type :

  • Sulphur
  • Direct
  • Acid
  • Basic

• Paper Dyes Market by Form :

  • Powdered
  • Liquid

• Paper Dyes Market by Application :

  • Packaging & Boards
  • Coated Paper
  • Writing & Printing
  • Tissues
  • Other

• Paper Dye Market by Region :

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Oceania
  • MEA