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Carbonless Paper Market

Market Insights on Carbonless Paper covering sales outlook, demand forecast & up-to-date key trends

Carbonless Paper Market By Weight (<30 gsm, 31-60 gms, 61-90 gsm, >90 gsm), Paper Type (2 Parts, 3 Parts, 4 Parts, Tailored Paper), End Use (Institutions - Financial Service Providers, Banks, Healthcare Institutes, Government Organizations, Postal Service, Educational, Business - Invoices, Receipts, Households) & Region - Forecast 2022-2032

Carbonless Paper Market Overview

The carbonless paper market is expected to strengthen its hold and thrive at a moderate CAGR of 6.7% during the forecast period (2022-2032). The global market holds an estimate revenue of US$ 4.29 Bn in 2022 and is likely to cross US$ 7.69 Bn by the end of 2032.

Attributes

Details

CAGR (2022-2032)

6.7%

Value (2022)

US$ 4.29 Bn

Value (2032)

US$ 7.69 Bn

Mainly used for transferring information from one paper to another by putting pressure on one paper through writing or impact printing, the carbonless paper has been a part of multiple industries for years.

The demand for carbonless paper has moderately increased lately as its use in laser and inkjet printers for digital printing has increased. The sales of carbonless paper are expected to have a positive outlook in the forecast period.

The carbonless paper serves industries that have more use of receipts and invoices printed through offset or digital printers. Even though there is a shift in digital copies of everything, carbonless paper is still holding its ground in the global market.

The key players in the carbonless paper market are now focusing on enhancing the durability of carbonless papers that can bear the effects of humidity and temperature, fueling the sales of carbonless paper in new markets.

What are the Key Drivers and Restraints to the Carbonless Paper Market?

Increasing the use of digital formats more than print media is also expected to affect the consumption of carbonless paper negatively. As it replicates the exact form written or printed, it prevents alteration. Carbonless papers are majorly used in institutions, as they are required to maintain records in all places, fueling the demand for carbonless paper.

Thus, to avoid the unnecessary work of scanning and photocopy, institutions prefer carbonless paper pads or notebooks. Many business firms still use carbonless paper, wherein avoiding the chances of alteration even in print media. Carbonless papers are available in reel and roll form. The high-quality printing ensures that carbonless papers have high tear strength as well as easy printing. The demand for security papers is increasing owing to an increment in international tourism, which further accelerates the growth in demand for carbonless paper.

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Which is the Key Carbonless Paper Market?

In the Americas, North America is expected to lead in terms of market share in the next decade, the wherein U.S. to hold a majority of the value share during the forecast period. In emerging regions, the carbonless paper market is expected to grow at a faster rate as compared to other regions.

India and China are expected to witness significant change during the forecast period, owing to consumers’ inclination toward sustainable products. This increases the demand for carbonless paper.

How is Europe Contributing to Growth of the Carbonless Paper Market?

The European region is expected to witness stagnant growth in the carbonless paper market, owing to a saturated paper market scenario.

The carbonless paper market in the Middle East & Africa region is expected to lead by GCC Countries, followed by South Africa. In Latin America, Mexico is anticipated to expand at a higher growth rate than other countries in terms of paper-based products owing to a shift in consumer preference, increasing the sales of carbonless paper.

The carbonless paper market is expected to witness a moderate growth rate in Germany and USA, wherein a quite higher growth rate in China, India, and Mexico during the forecast period, pushing the sales of carbonless paper in new markets.

Ismail Sutaria
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Which are the Key Competitors of Carbonless Paper Market?

The key players of the carbonless paper market are focusing on mergers and collaborations that are fueling the sales of Carbonless paper. Also, companies focus on using better quality and A grade raw materials.

Key players in the Carbonless paper market include Koehler Paper Group, Mitsubishi HiTech Paper Europe GmbH, P. H. Glatfelter Company and Jinyi Paper Co. Ltd.

Recent Market Development:

  • Epson has certified Blue4est thermal paper of Koehler Paper Group resulting its significance as a first-rate result. This pushes the sales of carbonless paper as it intrigues competitors to deliver the best quality paper.
  • Mitsubishi HiTech Paper Europe GmbH has introduced its new coated premium inkjet paper that is expected to made of face-stock material. This fuels the sales of carbonless paper.

Report Scope

Report Attribute

Details

Growth Rate

CAGR of 6.7% from 2022 to 2032

Base year for estimation

2021

Historical data

2015 – 2020

Forecast period

2022 – 2032

Quantitative units

Revenue in USD Billion, volume in kilotons, and CAGR from 2022 to 2032

Report coverage

Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis

Segments covered

 Weight, Paper Type, End Use, Region

Regional scope

North America; Western Europe, Eastern Europe, Middle East, Africa, ASEAN, South Asia, Rest of Asia, Australia and New Zealand

Country scope

U.S.; Canada; Mexico; Germany; U.K.; France; Italy; Spain; Russia; Belgium; Poland; Czech Republic; China; India; Japan; Australia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; Iran; South Africa

Key companies profiled

Koehler Paper Group, Mitsubishi HiTech Paper Europe GmbH, P. H. Glatfelter Company and Jinyi Paper Co. Ltd

Customization scope

Free report customization (equivalent to up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. 

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Key Segments Profiled in the Push-in Plug Vials Market

Weight:

  • <30 gsm
  • 31-60 gsm
  • 61—90 gsm
  • >90 gsm

Paper Type:

  • 2 Parts
  • 3 Parts
  • 4 Parts
  • Tailored paper

End Use:

  • Institutions
  • Educational
  • Business
  • Households

Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific
  • Middle East & Africa

Frequently Asked Questions

America is the biggest market in the carbonless paper market and will be helpful in increasing the carbonless paper market size. The factors that lead to high growth through this region are increased use of it in retail outlets, e-commerce platforms and the printing industry. This leads to the high demand for Carbonless paper in developed countries like US and Canada.

Key competitors holding substantial carbonless paper market share include Koehler Paper Group, Mitsubishi HiTech Paper Europe GmbH, P. H. Glatfelter Company and Jinyi Paper Co. Ltd

Demand for carbonless paper is likely to increase with its increased use in paper printing, retail stores that deal with invoices and receipts, driving the sales of carbonless paper in new regions.

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Ismail Sutaria
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Carbonless Paper Market