Lockdown and other trade-related restrictions imposed due to Covid-19 pandemic lead to high degree of reduction in the global demand for coated wood free papers in the first and second quarter of 2020. The spead of novel corona virus disease throughout the world created a challenging environment for marketers. Presently, the condition is recovering with decreased cases of covid-19 disease reported everyday. As the manufacturers faced hefty losses due to reduced demand and sales, they are making high investments in research and developments to ensure innovation and attract the users for improving their profitability.
What are Coated Wood Free Paper Manufacturers Doing?
Prominent players including Stora Enso Corporation, BASF SE, Penfold Corporation, Michelman Corporation, Nippon Paper Industries, Sappi Limited, UPM Corporation, Asia Pulp & Paper, Burgo Group SPA, Arjowiggins Corporation and Newpage Corporation are undertaking organic as well as inorganic business tactics for bringing further improvements in their operations and occupy major market share globally.
Some of the tactics includes partnership agreements, sales contracts, strategic alliances, diversifications, innovative launches, mergers & acquisitions, research and developments, technological upliftments, product line extensions, hiring technical expertise, joint ventures, collaborations, product approvals etc.
Other leading manufacturers such as UPM-Kymmene Corporation, Dunn Company and Penford Corporation are focusing on online selling activities to increase the sales by attracting the users across the world.
For instance, Stora Enso Corporation announced that it has entered into a strategic collaboration with HS Manufacturing Group, a producer of plant-based barrier coatings on 26th November, 2019 to develop and improve Stora Enso’s formed fiber offeings and coated wood free papers. This partnership is aimed at meeting the needs of customers looking for more eco-friendly solutions.
Through the collaboration, the companies are designing next-generation barrier properties that allowing to tap into new application areas for plastic free products. Under the agreement, Stora Enso is applying the PROTEAN barrier technology for offering biodegradable and recyclable additives that gives fiber-based packaging water, grease and oil resistant properties. The technology is enabling the company to manufacture single-use products that are renewable, recyclable and biodegradable. It can be applied to produce a wide range of high quality cellulose based coated paper products including single use wood free paper products.
In addition to that, Nippon Industries announced the completion of its ‘ShieldPlus’ a new product in the ‘ ShieldPlus Premier’ series of paper with barrier properties that exhibits greater vapor barrier properties on 25th March, 2019. It invested 5 million Euros in the project. ShieldPlus Series include coated wood free paper based products with excellent barrier properties against oxygen, water vapours and aromas.
It is produced by adding barrier functions to paper and make paper as an alternative option to conventional barrier materials such as plastic and aluminium. ShieldPlus is designed to meet strict hygiene standards for food packaging applications with a view to obtain ISO 22000 and other certifications. This will enhance its supply capacity and will enable the company to develop a wide range of packaging materials in the future. The company has already started providing samples of this product and is promoting its development in the global market with the major focus to European market.
Coated wood free papers are a variety of wood free paper manufactured chiefly with the use of chemical pulp, including minor quantities of mechanical pulp. These papers may also contain a variety of recycled fibres.
The higher quality of these papers as compared to paper made from mechanical wood pulp make them an excellent option for very high-quality printing applications for commercial purposes. These multi-coated papers having several coating layers on each side of the paper have improved surface finish and printability. Change in material used to provide the topcoat allows for the production of the desired finish on the surface such as silk, gloss, and matt.
In the past few years, there has been a vast surge in the overall level of consumption of woodfree papers owing to their qualitative as well as environment-related benefits as compared to papers made completely from wood fibre.
This has provided promising growth prospects to the global coated wood free paper market. The increased awareness regarding the need to use recyclable papers and the rising demand for environment-friendly printing solutions are expected to provide fillip to the market in the next few years as well. Moreover, the demand for high-end printing solutions for a number of applications has also significantly increased over the years, driving the market.
Fact.MR has come up with a new study on global coated wood free papers market that analyzes various aspects influencing this landscape. The market for coated wood free papers is highly competitive with number of players vying for consolidating their position. The research study studies the competitive landscape of coated wood free papers market in detail, and offers a comprehensive qualitative and quantitative analysis on the key market dynamics.
The report further covers key companies involved in the supply of coated wood free papers. Analysis related to their key strategies, key financials, SWOT analysis and key financials has been incorporated in this report. In addition, key developments and innovations have also been included in the research study.
Enhanced Features and Advantages of Coated Wood Free Papers
The chemical procedure for the production of wood-free paper requires 50% wood, which is nearly half the amount compared to wood-containing paper. In recent years, consumption of coated wood free papers has increased owing to its added advantages.
The narrow particle size distribution of coated wood free paper contributes to enhanced fiber coverage and sheet smoothness. It has ability to control coating layer pore size and volume allows better ink trapping and reduced blister potential on dying, which leads to better printability. Additionally, these are ideal for all types of printing and can be fully recycled. These key advantages have increased demand for coated wood free papers.
Rising awareness related to conservation of forest has led companies to increase manufacturing of wood free papers. Further, stringent regulations set by governments of various counties has decreased deforestation, which resulted in shifting manufacturers’ focus towards increasing production of coated wood free papers. Additionally, easy availability, low cost, and improved shelf life of coated wood free papers have further boosted growth of the global market.
Developments and Innovations in Coated Wood Free Papers Leading to Increasing Adoption
To accommodate increasing demand for coated wood free papers, key companies are focusing on increasing their production capacity and developing their product portfolio. For instance, a Barcelona-based company Lecta increased its range of high quality coated papers, which are ideal for all printing needs. The grade delivers a good thickness, high stiffness, good resistance to cracking on folding and extraordinary runnability.
The new range of papers have natural colors as compared to other silk coated wood free papers in the market. Further, the neutral tone is ideal for improving black-and-white as well as color images, highlighting every detail. This innovative range of coated wood free papers is likely to cater to the increasing demand for papers from printing industry.
Additionally, Nippon Paper Industries has recently launched b7 LIGHT series of papers, which delivers rougher and more natural color tone and softer page-turning experience, while achieving enhanced print performance at the same time. These types of papers offer improved shelf life as these are wood-free-based printing papers. Such innovations in the coated wood free paper market are leading to increasing adoption.
Pervasiveness of Electronics Media Impeding Demand for Coated Free Papers
Highlighting the key restrains in the market, the research study opines that pervasiveness of electronics media has significantly reduced the demand for printed catalogues and magazines. Thereby, increasing oversupply, combined with strong US dollar and decreasing costs has held down costs for coated papers.
For decades, Europe remained the leading global exporter of coated papers. Leading manufacturers of coated wood free paper in the European market have made an announcement of price hike by 6-7% for two-side coated wood free paper grades. This move is likely to further demotivate consumers from adopting coated wood free papers.
However, the digital revolution constitute a fundamental challenge to the growth of the coated wood free paper market. Demand for paper has decreased considerably owing to digital distribution of content. For instance, Kindle, an e-media device by Amazon has significantly decreased printing of number of books, which is likely to decrease the demand for papers.
Overall, the research study on coated wood free papers market offers in-depth analysis on the key factors that are likely to shape this landscape for the period 2021-2031. Readers can expect holistic analysis and insights on the strategies adopted by key players in this market. The insights offered in the report can help stakeholders in gaining a holistic perspective on the future of voice evacuation systems market.
This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters. A thorough analysis has been offered by the report on
- Market Dynamics
- Market Size
- Market Segments
- Demand & Supply Trends
- Current Issues and Challenges
- Companies and Competitor Landscape
- Value Chain
Regional Segments Analyzed Include
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Middle East and Africa (GCC, S. Africa, N. Africa)
Compilation of authentic and first-hand intelligence, insights offered in the report are based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain. Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed. Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report.
Highlights from the Report
- Elaborated scenario of the parent market
- Transformations in the market dynamics
- Detailed segmentation of the target market
- Historical, current and forecast market size based on value and volume
- Latest industry developments and trends
- Competition landscape
- Strategies adopted by the market players and product developments made
- Potential and niche segments, along with their regional analysis
- Unbiased analysis on performance of the market
- Up-to-date and must-have intelligence for the market players to enhance and sustain their competitiveness
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company.
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