Key vendors to focus on product innovation to gain market shares
Technavio, a company that develops over 2000 pieces of research every year and covers more than 500 technologies across 80 countries, has announced the top five vendors for the global coated papers market in their latest research report. This report also lists nine other prominent vendors who are expected to contribute to this market’s growth between 2017-2021.
Competitive vendor landscape
The global market for coated papers is characterized by the presence of well-diversified international and local vendors. The dominant players have vast geographical presence with large manufacturing facilities located globally. A sizeable number of small regional vendors also operate in the market and have significant shares. The competition in the market is expected to intensify during the forecast period with the increase in product development in terms of product innovation and technology.
According to Ajay Adikari, a lead analyst at Technavio for research on textile, fiber, and composites, “The major vendors compete based on factors such as innovation, price, operational cost, and product quality. Some of the players have the ability drive down the market prices because their product costs are lower than that of their competitors.”
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Top five vendors in the coated papers market space
Nippon Paper Industries
Nippon Paper Industries operates through four business segments: pulp and paper, paper related, wood products and construction related, and others. The company caters to the packaging paper, newsprint, printing and publication, and business communication sectors. It is also into the production of chipboards, containerboards, white boards, and paperboards. It manufactures processed paper products such as filling machines, paper bags, liquid packaging cartons, and maintenance services.
Key products: U-ltima Gloss 80, Pegasus White X, Esprit Coat LOTUS, and AURORA COAT.
Oji Holdings
Oji Holdings manufactures and sells converted paper products and pulp paper products. The company also provides processed paper goods such as paperboards, packaging and wrapping papers, newsprint, and carbonless papers. It also offers personal hygiene products such as disposable diapers. It operates in forestry, timber sales, and real estate businesses.
Key products: NEW DELTA and White Kraft type NEW DELTA, PP sticker, Yupo sticker, and PET film sticker.
Sappi
Sappi manufactures and sells paper products, chemical cellulose, pulp, and timber products. It provides products for packaging and specialty paper applications such as confectionery packaging, tissue wadding, cosmetic packaging, soup sachets, luxury carry bags, and boxes for agricultural use. It also offers wood pulp products to produce viscose fiber for medical, textile, and household products.
Key products: Algro Baress, Algro Fin, Algro Vitess, Royal Ponchuo, Algro Kraft Y, and Algro Finess T.
Stora Enso
Stora Enso operates in the paper and packaging industry and has an annual production capacity of almost 12 million metric tons of paper and board, more than 5 million metric tons of chemical pulp, and 1.3 billion square meters of corrugated packaging.
Key products: LumiForte, LumiArt, LumiPress Silk, NovaPress, and MediaPrint Gloss.
UPM
UPM mainly offers products for magazine papers, catalogs, newsprint, fine papers, and specialty papers. It also provides lightweight coated papers for brochures, magazines, and catalogs and supplies papers to various publishers globally. The company also markets coated groundwood and supercalendered papers for different applications such as printing and packaging.
Key products: DIRECT THERMAL ECO, TRANSFER PREM LITE, RAFLACOAT PLUS PEFC, LASERGLOSS, and LATEX IMPREGNATED.
A more detailed analysis is available in the Technavio report, Global Coated Papers Market 2017-2021. Technavio also customizes reports by other regions and specific segments upon request.
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