The acrylic paper market is set to witness a CAGR of 3.0% during 2021-2031. Acrylic paper is thicker than regular drawing paper, and its rough surface is made to hold acrylic paint washes and layers in place.
What is Driving Demand for Acrylic Paper?
The demand for acrylic paper is being driven by rising consumer spending on paintings. Acrylic paper is used by mostly artists especially those who are beginning to work with acrylic paints. To avoid warping, the paper should be a heavier weight because it is used with a heavier material.
Another key aspect of acrylic paper is its textured, scaled surface, which allows acrylic paint to adhere to the paper without being absorbed. They either replicate the qualities of canvas or are real canvas sheets tied into a pad have been developed.
Furthermore, Warm-ups, studies, and sketches can all be done on acrylic paper. If artist choose to paint on a surface other than canvas, it can also be utilized to make finished paintings. Many painters use the paper for painting outdoors or on the go since it is more portable than traditional stretched canvases. Such benefits and factors are driving demand for acrylic paper.
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Developments in Acrylic Paper Likely to Augment Sales
Many market participants are developing it specifically for artists who have extremely specific needs when it comes to purchasing paper for painting. Acrylic paper from CANSON, for example, is thick, has a high grammage (400 gsm), is core and surface-sized, strong, and absorbent. It's perfect for creating a wash effect or many layers with diluted acrylic paint.
Its cold pressed grain lends itself well to washes, suggesting watercolor's delicate transparency. This acid-free paper has a long shelf life and will last for many years. It is naturally white and does not contain any optical brighteners. Such offerings attract the people especially painters.
Impact of Covid- 19 on Acrylic Paper Market
Many nations viewed the paper industry to be crucial as the world went to lockdowns to help limit the spread of the coronavirus. This was partly due to increasing demand for hygiene products, especially as many consumers stockpiled various paper goods in preparation for quarantine.
Some businesses and manufacturers were able to keep their doors open as a result of the surge in demand, but only with extensive protections, controls, and limits. Many countries have factories, and much of the paper industry relies on regular travel and communication between continents. COVID-19 staggered impact as it raced over the globe, with some cities being impacted harsher in the spring and others being hit harder in the summer, has hampered the industry's ability to communicate effectively.
Another impact of COVID-19 has been the extensive travel bans and import/export restrictions, which have hampered the ability of paper companies to manage their client. Many businesses have been forced to revert to remote meetings, which some perceive to be ineffective.
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US and Canada Acrylic Paper Market Outlook
The United States had previously been the world's biggest paper producer. The arts are very important to Americans. The arts, according to the majority of the population in the region, promote personal well-being and aid in understanding other cultures in the community. They are usually active in arts such as painting on a personal level. As a result, the need for acrylic paper in the region grows.
Europe Demand Outlook for Acrylic Paper
The fine arts and culture of Europe are well-known. In previous centuries, notable painters such as Vincent van Gogh, Claude Monet, and Pablo Picasso worked in the region. Europe's great artists are so well-known over the world that their works may be recognized right away. Many of these artists' masterpieces can be found in their hometowns, but others can be found in museums all over the world.
People are encouraged to create and paint art as a result of such great artwork. As a result, it encourages artists to use acrylic paper because of its multiple advantages.
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Who are the Key Manufacturers and Suppliers of Acrylic Paper?
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
