Paper Dyes Market
Paper Dyes Market Share & Trends Analysis, By Application (Paper Dyes for Packaging & Boards, Paper Dyes for Coated Paper), By Form (Powdered, Liquid Paper Dyes), By Type (Sulphur Paper Dyes, Direct, Acid Paper Dyes) & By Region - Global Insights 2021-2031
Paper Dyes Market Outlook
The global paper dyes market is slated to experience modest growth through 2021 and beyond, with worldwide revenue having surpassed US$ 950 Mn as of 2020. A new forecast by Fact.MR estimates that paper dye revenues will increase at a decade-long CAGR of over 2%.
Sales of paper dyes in the U.S, surpassed US$ 250 Mn by 2020-end, attributed to rising personal hygiene concerns in the wake of the COVID-19 pandemic. This bucked initial scepticism about prevailing apprehensions about the region's performance amidst a global crisis.
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Historical Demand (2016-2020) Vs Future Outlook (2021-2031) for Paper Dyes
From 2016 to 2020, sales of paper dyes remained largely moderate, registering a CAGR of around 2% during the aforementioned historical period. Sales at the beginning of the said period amounted to nearly US$ 900 Mn.
Growth prospects were moderate yet positive during the COVID-19 pandemic, with sales surpassing US$ 950 Mn in 2020. Increased expenditure on personal hygiene products such as toilet papers and tissues sustained this growth. From 2021 to 2031, the market is slated to expand at over 2% CAGR.
How is Increasing Demand for Paper Packaging Stimulating Paper Dye Sales?
Globally, uptake of paper and paperboard packaging is inclining immensely, amid the rising need for incorporating flexible and lightweight solutions to reduce transit and transportation costs, as well as growing environmental concerns associated with plastic-based packaging.
According to Packaging Labelling, paper packaging is the largest sector, comprising of around 65% of all recycled packaging. Demand is expected to continue inclining, as prominent manufacturing economies such as China increase uptake of paper packaging solutions in forthcoming years.
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Why are Hygiene Products Expected to Incline Demand for Paper Dyes?
In the aftermath of the COVID-19 pandemic, consumers worldwide have become conscious about maintaining personal hygiene. This includes using disposable products such as tissues, paper towels, toilet papers, kitchen rolls and serviettes among others.
Most of these are manufactured from recycled paper, which is proving beneficial to the environment. Consequently, leading paper products manufacturers are augmenting production, thus stimulating demand for paper dyes in recent years, a trend likely to continue in the future.
How Attractive are the Growth Prospects for Paper Dye Suppliers across the U.S.?
The market for paper dyes is expected to post substantial gains across the U.S. As per Fact.MR’s analysis, a valuation exceeding US$ 250 Mn was estimated for 2020. Extensive uptake of paper packaging in the e-commerce industry is primarily driving growth.
Furthermore, paper usage is high in the manufacturing of tissues to further personal hygiene requirements, particularly for production of toilet paper. However, rising sustainability concerns are prompting consumers to reduce dependence, total purchases declining by a quarter in June 2020.
Why is China Anticipated to Be an Emerging Market for Paper Dyes?
China is expected to reach a projected market size of over US$ 200 Mn by 2031, trailing at a CAGR of over 4%. Demand is largely spurred by heavy uptake by paper & pulp manufacturers amidst heavy uptake of paper packaging as well as personal hygiene products.
According to statistics published by the Chinese National Bureau of Statistics, the paper and paperboard industry yielded revenues surpassing US$ 200 billion, posting a gross profit of around US$ 13 billion, representing over 20% y-o-y growth in 2020. Hence, uptake of paper dyes is likely to remain strong through 2021 and beyond.
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Why is Demand for Paper Dyes Highest from the Packaging & Boards Segment?
By application, sales of paper dyes are expected to remain the highest in the packaging & board segment, expanding at approximately 5% CAGR from 2021-2031. Extensive reliance on paper-based packaging is the chief growth driver.
Rising demand for lightweight and flexible packaging solutions, particularly across the e-commerce industry, is majorly driving demand for paper dyes by major online retail companies.
Which Paper Dye Type is Expected to Remain Preferred by Key End Users?
By dye type, basic dyes are expected to grab significant eyeballs, poised to record a modest 3% CAGR across the forecast period. Demand is expected to be strong because these dyes are relatively economical and offer high tinctorial strength.
Simultaneously, sales of direct dyes and sulphur dyes are also inclining, collectively expanding at over 4% CAGR across the 2021-2031 forecast period.
Will Liquid Paper Dyes Continue to Hold Sway in the Long Run?
By form, liquid paper dyes are expected to remain largely preferred, experiencing a growth rate of over 4% in value CAGR terms. Liquid paper dyes impart optimum shade and depth, good affinity and easy applicability across various paper forms.
Liquid paper dyes are frequented for printing & writing, coated paper, tissue & toweling, packaging & board, copier papers, envelope grades, newsprint applications and decorative laminated paper manufacturing.
Key paper dye manufacturers are leveraging multiple growth strategies, including product launches, capacity expansion via strategic collaborations, mergers and acquisitions, and undertaking R&D initiatives.
- In 2017, Archroma presented its Cartasol® and Cartaren® paper dye product ranges at the Paperex 2017 to highlight its solutions and expertise to enhance both optical and functional properties of board and paper, in response to EU regulations setting extremely low limits for diethanolamine (DEA) and triethanolamine (TEA) in dyed paper and board products.
- In 2018, BASF SE and Solenis signed an agreement to combine the former’s paper wet-end and water chemicals business with the latter. The objective of this move was to create a customer-focused global solutions service for paper and water treatment clients, encompassing a broad range of businesses.
|Historical Data Available for||2016-2020|
|Market Analysis||US$ Mn for Value & ‘000 Units for Volume|
|Key Regions Covered||
|Key Countries Covered||
|Key Segments Covered||
|Key Companies Profiled||
|Pricing||Available upon Request|
Key Market Segments Covered
- Paper Dyes for Packaging & Boards
- Paper Dyes for Coated Paper
- Paper Dyes for Writing & Printing
- Paper Dyes for Tissues
- Paper Dyes for Other Applications
- Powdered Paper Dyes
- Liquid Paper Dyes
- Sulphur Paper Dyes
- Direct Paper Dyes
- Acid Paper Dyes
- Basic Paper Dyes
- North America
- Rest of Europe
- East Asia
- South Korea
- South Asia
- Rest of South Asia
- Rest of Oceania
- Latin America
- Rest of Latin America
- Middle East & Africa
- South Africa
- Rest of MEA
- North America
- FAQs -
The global paper dyes market is growing steadily and was valued at above US$ 950 Mn as of 2020-end.
The paper dyes market is anticipated to cruise at over 2% CAGR, topping US$ 1 Bn valuation by 2031.
The market for paper dyes expanded at approximately 2% CAGR across the historical period 2016-2020.
Rising popularity of paper-based packaging and demand for personal hygiene products are boosting paper dye sales.
The U.S. and China markets are expected to be major paper dye hotspots, with the former reaching over US$ 250 Mn in 2020 and the latter expected to expand at over 4% CAGR until 2031.</
Basic dyes are expected to remain most widely used, expanding at nearly 3% CAGR.
Archroma, BASF SE, Milliken & Company, Cromatos S.r.L, and DyStar Singapore Pvt. Ltd. are some of the most prominent paper dye suppliers.
Demand for liquid paper dyes is expected to expand at around 4% CAGR over the next ten years.
Paper dyes for packaging & board are expected to register high sales, expanding at approximately 5% CAGR
Demand for sulphur dyes and direct dyes is expected to expand over 4% annually over the next ten years.
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