Commercial printing papers market
have application in various industries, wherein commercial printing
papers are used for printing labels, magazines, books, paper bags,
forms, prospectus, newspaper, financial reports, etc. The commercial
printing papers market has been facing various challenges for the last
five years, as the consumer’s preferences are inclining more towards
digital media over printed media. In many attributes such as regarding
distribution of the information, digital media has been fast and cost
efficient over the printed media.
As a result of the inefficiency of
printed media in comparison to digital media, digital media is eating
out the market share of the printed media, and this is influencing the
demand in commercial printing papers market. The market for ink,
printing, and machinery are expected face set back due to decline in
growth of commercial printing papers market as they are correlated with
the commercial printing papers market.
The commercial printing papers market
draws its demand from paper used for packaging and printing. The growth
of retail sector along with the availability of the paper at a low price
are the important factors for the growth of commercial printing papers
market. The retail sector is expected to grow at a rate 4.5% over the
forecasted period, and the current market price of the paper pulp in the
international market is around U.S$875.
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The large voluminous businesses which
involve printing of magazine, newspaper, catalogs, packaging paper is an
important driver for boosting the commercial printing papers market.
The concern of the government authorities around the world on reducing
plastic waste can support the demand in the commercial printing papers
market.
However, regulations of environment
protection may limit the consumption of paper pulp which can drop the
growth of the commercial printing papers market. On the backdrop of
upsurge use of the digital media the demand in the commercial printing
papers market is expected to move downwards. The expected growth rate
for the use of digital media in information and entertainment sector is
about 12% over the forecasted period. The global commercial papers
printing market is prone to lose its profitability due to existing
overcapacity and rising cost of the raw material.