Latex Saturated Paper
Latex-saturated Paper Market Forecasts to 2030 - Global Analysis By Product (Coated Paper, Uncoated Paper, Kraft Paper and Other Products), Thickness, Basis Weight, Distribution Channel, Application, End User and By Geography
According to Stratistics MRC, the Global Latex-saturated Paper Market is accounted for $2.54 billion in 2024 and is expected to reach $3.82 billion by 2030 growing at a CAGR of 4.2% during the forecast period. Latex-saturated paper is a type of paper that has been treated or coated with a latex material to enhance its properties. This treatment increases the paper's durability, water resistance, and flexibility, making it suitable for various applications, including packaging, printing, and crafting. This results in a stronger, more resilient product that can withstand environmental stresses while maintaining print quality and surface smoothness.
According to the Packaging Federation of the United Kingdom, the U.K. packaging manufacturing sector recorded annual sales of around US$ 13.6 Bn in 2020.
Market Dynamics:
Driver:
Rising sustainability trends
With heightened awareness of environmental issues, there is a growing demand for materials that reduce plastic waste and promote recycling. Latex-saturated paper, known for its durability and moisture resistance, aligns with these sustainability goals, making it an attractive alternative to traditional packaging. Additionally, government regulations encouraging the use of sustainable materials further boost market growth, prompting manufacturers to innovate and expand their product offerings to meet evolving consumer preferences.
Restraint:
Quality perceptions
Quality perceptions regarding latex-saturated paper stem from consumer skepticism about its durability, printability, and overall performance compared to traditional packaging materials. Some consumers may associate latex-saturated paper with lower quality or reliability, particularly if they have encountered subpar products in the past. Consequently, the reluctance to embrace latex-saturated paper limits market penetration and growth potential, as consumers and companies may continue to favour more established packaging solutions.
Opportunity:
Growth in e-commerce
As online shopping expands, businesses require packaging materials that ensure product protection during transit and storage. Latex-saturated paper, known for its durability and moisture resistance, meets these needs effectively. Additionally, e-commerce retailers are increasingly prioritizing eco-friendly packaging options to align with consumer preferences for sustainability. This shift not only enhances brand image but also encourages the adoption of latex-saturated paper for packaging, driving overall market growth.
Threat:
Competition from alternatives
Competition from alternatives, such as plastics and synthetic materials, offers cheaper and more versatile options. These alternatives often provide comparable durability and moisture resistance, making them attractive to manufacturers and consumers seeking cost-effective solutions. This shift can limit market penetration for latex-saturated paper, as businesses may prioritize immediate cost savings over sustainability, thereby slowing overall market expansion.
Covid-19 Impact
The covid-19 pandemic significantly impacted the latex-saturated paper market, leading to disruptions in supply chains and production processes. Increased demand for packaging materials, driven by the surge in e-commerce and online shopping, boosted the market. However, restrictions and lockdowns initially slowed down manufacturing activities. Additionally, heightened awareness of hygiene and sustainability prompted a shift towards eco-friendly packaging solutions, favouring latex-saturated paper. Overall, the market witnessed a recovery as businesses adapted to new consumer behaviours and prioritized sustainable practices.
The coated paper segment is expected to be the largest during the forecast period
The coated paper segment is predicted to secure the largest market share throughout the forecast period owing to its enhanced surface properties. This coating improves printability, durability, and moisture resistance, making it suitable for various applications such as packaging, labels, and marketing materials. The smooth surface allows for high-quality printing, resulting in vibrant colors and sharp details. Additionally, the latex coating provides a protective barrier, making the paper resistant to tearing and environmental factors, thus extending its shelf life and usability in diverse settings.
The food & beverage segment is expected to have the highest CAGR during the forecast period
The food & beverage segment is anticipated to witness the highest CAGR during the forecast period due to its excellent moisture resistance and durability. It serves as an effective packaging solution for items like takeout containers, wrapping papers, and labels, ensuring food safety and freshness. The latex coating helps prevent leaks and grease absorption, maintaining product integrity. Additionally, its eco-friendly characteristics align with the industry's push towards sustainable practices, making latex-saturated paper an ideal choice for businesses aiming to reduce environmental impact while providing high-quality packaging solutions.
Region with largest share:
Asia Pacific is expected to register the largest market share during the forecast period due to rising demand for sustainable packaging solutions. Countries like China, India, and Japan are key players, driven by robust manufacturing sectors and expanding e-commerce. The shift towards eco-friendly materials has led to innovations in latex-saturated paper, enhancing its durability and water resistance. Moreover, government initiatives promoting sustainability and waste reduction further support market growth. As consumer preferences evolve, the region is expected to see increased adoption of latex-saturated paper across various industries.
Region with highest CAGR:
North America is projected to witness the highest CAGR over the forecast period driven by increasing demand across various industries, including food and beverage, pharmaceuticals, and cosmetics. The United States and Canada are key contributors, with a strong emphasis on eco-friendly practices and waste reduction. As e-commerce continues to expand, the need for durable and moisture-resistant packaging is rising, further bolstering market demand. Innovations in latex-saturated paper production enhance its performance, aligning with consumer preferences for high-quality, sustainable packaging options in the region.
Key players in the market
Some of the key players profiled in the Latex-saturated Paper Market include Mondi Group, ITC Limited, Sappi Limited, Koehler Paper Group, Ahlstrom-Munksjo, Tetra Pak, Verso Corporation, Smurfit Kappa Group, WestRock Company, Haitian Paper Group, Kraft Foods Group, International Paper, Harris & Bruno International, Stora Enso, Cascades Inc., Domtar Corporation, Oji Holdings Corporation and Jindal Poly Films Limited.
Key Developments:
In June 2024, Tetra Pak has introduced a new latex-saturated paperboard designed to enhance sustainability in their packaging solutions. This innovative paperboard aims to improve the environmental footprint of packaging materials while maintaining product integrity and quality. The latex saturation technology enhances the durability and moisture resistance of the paperboard, making it suitable for a variety of food and beverage products.
In May 2024, Sappi has announced an upgraded line of latex-saturated coated paper aimed at high-quality printing applications. This new range is designed to meet the demanding needs of the printing industry, providing superior printability and surface finish. The enhanced coated paper offers improved ink absorption and colour vibrancy, making it ideal for packaging, labels, and other printed materials.
Products Covered:
• Coated Paper
• Uncoated Paper
• Kraft Paper
• Other Products
Thickness Covered:
• Thin
• Medium
• Thick
Basis Weights Covered:
• Lightweight
• Standard Weight
• Heavyweight
Distribution Channels Covered:
• Direct Sales
• Distributors
• Online Retail
• Other Distribution Channels
Applications Covered:
• Labels
• Packaging
• Printing
• Other Applications
End Users Covered:
• Food & Beverage
• Healthcare
• Consumer Goods
• Automotive
• Electronics
• Construction
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Application Analysis
3.8 End User Analysis
3.9 Emerging Markets
3.10 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Latex-saturated Paper Market, By Product
5.1 Introduction
5.2 Coated Paper
5.2.1 Glossy Coated Paper
5.2.2 Matte Coated Paper
5.3 Uncoated Paper
5.3.1 Standard Uncoated Paper
5.3.2 Specialty Uncoated Paper
5.4 Kraft Paper
5.4.1 Natural Kraft Paper
5.4.2 Bleached Kraft Paper
5.5 Other Products
6 Global Latex-saturated Paper Market, By Thickness
6.1 Introduction
6.2 Thin
6.3 Medium
6.4 Thick
7 Global Latex-saturated Paper Market, By Basis Weight
7.1 Introduction
7.2 Lightweight
7.3 Standard Weight
7.4 Heavyweight
8 Global Latex-saturated Paper Market, By Distribution Channel
8.1 Introduction
8.2 Direct Sales
8.3 Distributors
8.4 Online Retail
8.5 Other Distribution Channels
9 Global Latex-saturated Paper Market, By Application
9.1 Introduction
9.2 Labels
9.3 Packaging
9.4 Printing
9.5 Other Applications
10 Global Latex-saturated Paper Market, By End User
10.1 Introduction
10.2 Food & Beverage
10.3 Healthcare
10.4 Consumer Goods
10.5 Automotive
10.6 Electronics
10.7 Construction
10.8 Other End Users
11 Global Latex-saturated Paper Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 Japan
11.4.2 China
11.4.3 India
11.4.4 Australia
11.4.5 New Zealand
11.4.6 South Korea
11.4.7 Rest of Asia Pacific
11.5 South America
11.5.1 Argentina
11.5.2 Brazil
11.5.3 Chile
11.5.4 Rest of South America
11.6 Middle East & Africa
11.6.1 Saudi Arabia
11.6.2 UAE
11.6.3 Qatar
11.6.4 South Africa
11.6.5 Rest of Middle East & Africa
12 Key Developments
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.4 Expansions
12.5 Other Key Strategies
13 Company Profiling
13.1 Mondi Group
13.2 ITC Limited
13.3 Sappi Limited
13.4 Koehler Paper Group
13.5 Ahlstrom-Munksjo
13.6 Tetra Pak
13.7 Verso Corporation
13.8 Smurfit Kappa Group
13.9 WestRock Company
13.10 Haitian Paper Group
13.11 Kraft Foods Group
13.12 International Paper
13.13 Harris & Bruno International
13.14 Stora Enso
13.15 Cascades Inc.
13.16 Domtar Corporation
13.17 Oji Holdings Corporation
13.18 Jindal Poly Films Limited
List of Tables
1 Global Latex-saturated Paper Market Outlook, By Region (2022-2030) ($MN)
2 Global Latex-saturated Paper Market Outlook, By Product (2022-2030) ($MN)
3 Global Latex-saturated Paper Market Outlook, By Coated Paper (2022-2030) ($MN)
4 Global Latex-saturated Paper Market Outlook, By Glossy Coated Paper (2022-2030) ($MN)
5 Global Latex-saturated Paper Market Outlook, By Matte Coated Paper (2022-2030) ($MN)
6 Global Latex-saturated Paper Market Outlook, By Uncoated Paper (2022-2030) ($MN)
7 Global Latex-saturated Paper Market Outlook, By Standard Uncoated Paper (2022-2030) ($MN)
8 Global Latex-saturated Paper Market Outlook, By Specialty Uncoated Paper (2022-2030) ($MN)
9 Global Latex-saturated Paper Market Outlook, By Kraft Paper (2022-2030) ($MN)
10 Global Latex-saturated Paper Market Outlook, By Natural Kraft Paper (2022-2030) ($MN)
11 Global Latex-saturated Paper Market Outlook, By Bleached Kraft Paper (2022-2030) ($MN)
12 Global Latex-saturated Paper Market Outlook, By Other Products (2022-2030) ($MN)
13 Global Latex-saturated Paper Market Outlook, By Thickness (2022-2030) ($MN)
14 Global Latex-saturated Paper Market Outlook, By Thin (2022-2030) ($MN)
15 Global Latex-saturated Paper Market Outlook, By Medium (2022-2030) ($MN)
16 Global Latex-saturated Paper Market Outlook, By Thick (2022-2030) ($MN)
17 Global Latex-saturated Paper Market Outlook, By Basis Weight (2022-2030) ($MN)
18 Global Latex-saturated Paper Market Outlook, By Lightweight (2022-2030) ($MN)
19 Global Latex-saturated Paper Market Outlook, By Standard Weight (2022-2030) ($MN)
20 Global Latex-saturated Paper Market Outlook, By Heavyweight (2022-2030) ($MN)
21 Global Latex-saturated Paper Market Outlook, By Distribution Channel (2022-2030) ($MN)
22 Global Latex-saturated Paper Market Outlook, By Direct Sales (2022-2030) ($MN)
23 Global Latex-saturated Paper Market Outlook, By Distributors (2022-2030) ($MN)
24 Global Latex-saturated Paper Market Outlook, By Online Retail (2022-2030) ($MN)
25 Global Latex-saturated Paper Market Outlook, By Other Distribution Channels (2022-2030) ($MN)
26 Global Latex-saturated Paper Market Outlook, By Application (2022-2030) ($MN)
27 Global Latex-saturated Paper Market Outlook, By Labels (2022-2030) ($MN)
28 Global Latex-saturated Paper Market Outlook, By Packaging (2022-2030) ($MN)
29 Global Latex-saturated Paper Market Outlook, By Printing (2022-2030) ($MN)
30 Global Latex-saturated Paper Market Outlook, By Other Applications (2022-2030) ($MN)
31 Global Latex-saturated Paper Market Outlook, By End User (2022-2030) ($MN)
32 Global Latex-saturated Paper Market Outlook, By Food & Beverage (2022-2030) ($MN)
33 Global Latex-saturated Paper Market Outlook, By Healthcare (2022-2030) ($MN)
34 Global Latex-saturated Paper Market Outlook, By Consumer Goods (2022-2030) ($MN)
35 Global Latex-saturated Paper Market Outlook, By Automotive (2022-2030) ($MN)
36 Global Latex-saturated Paper Market Outlook, By Electronics (2022-2030) ($MN)
37 Global Latex-saturated Paper Market Outlook, By Construction (2022-2030) ($MN)
38 Global Latex-saturated Paper Market Outlook, By Other End Users (2022-2030) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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