The global Copper Plate Paper Market is estimated to be valued at US$ 910 Mn in 2023 and is expected to exhibit a CAGR of 6.0% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Copperplate paper offers unique printing properties such as high density, easy ink absorption, and excellent binding qualities which makes it ideal for luxury printing applications including wedding invitations, greeting cards, and business cards. The paper enhances detailing and adds an elegant touch to printing.
Market key trends:
One of the key trends driving the copper plate paper market growth is its increasing popularity in high-end printing projects owing to its premium look and feel. The paper delivers sharp and highly detailed images with a luxurious texture mimicking the look of real copper engravings. It has become a material of choice for luxury branding and stationery. Furthermore, copperplate paper enhances creativity for designers and artists. Major graphic designers and custom stationery studios use this specialty paper to stand out with unique and high-quality designs.
Segment Analysis
The global copper plate paper market is segmented into copper plate coated paper and copper plate coated paper market by type. The copper plate coated paper segment is expected to hold major market share and will continue to dominate the market during the forecast period. This is attributed to wide application of copper plate coated paper in packaging of luxury items like chocolates, perfumes, and cosmetics.
Key Takeaways
Market size: The global copper plate paper market is expected to witness high growth, exhibiting CAGR of 6.0% over the forecast period, due to increasing demand for premium packaging from food & beverage industry.
Regional analysis: Asia Pacific is expected to be the fastest growing as well as dominating region in global copper plate paper market. This growth is attributed to improving economic conditions and rising disposable income in emerging countries like India and China.
Key players: Key players operating in the copper plate paper market are International Paper Company, Domtar Corporation, Nippon Paper Industries Co.,  Ltd., UPM-Kymmene Corporation, Sappi Limited, Mondi Group, Stora Enso Oyj, Smurfit Kappa Group, Metsà Board Corporation, WestRock Company, Oji Holdings Corporation, Verso Corporation, Burgo Group, Lecta Group, Catalyst Paper Corporation.
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https://www.ukwebwire.com/copper-plate-paper-market-size-share-growth-outlook-2023/