Market revenue in 2023 | USD 569.6 million |
Market revenue in 2030 | USD 1,012.4 million |
Growth rate | 8.6% (CAGR from 2023 to 2030) |
Largest segment | Coated paper |
Fastest growing segment | Coated Paper |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Coated Paper, Treated Paper, Uncoated Paper, Offset Paper, Matt, Gloss |
Key market players worldwide | Sylvamo Corp Ordinary Shares When Issued, Packaging Corp of America, Billerud AB, Stora Enso Oyj Ordinary Shares - Class R, Domtar, UPM Communication Papers, Mondi PLC, PaperOne, Finch Paper, Drewsen Special Papers, Nine Dragons Paper (Holdings) Ltd, Pixelle Specialty Solutions, Moorim P&P, Crown Van Gelder |
Coated paper was the largest segment with a revenue share of 37.99% in 2023. Horizon Databook has segmented the China high speed production inkjet printer paper market based on coated paper, treated paper, uncoated paper, offset paper, matt, gloss covering the revenue growth of each sub-segment from 2018 to 2030.
The market is expected to grow at a significant rate over the forecast period owing to its flourishing printing industry. The growing population in the country has increased the demand for printing materials such as newspapers and magazines, thereby leading to the requirement for boosting the production of its printing industry.
Moreover, the growing demand for printed materials in China has also resulted in surged investments in the development of highly advanced printers with fast turnaround time. This has further resulted in the growing adoption of high-speed production inkjet printer paper in China.
Moreover, according to the All in Print China Organizing Committee, the printing industry in China witnessed an increase of 10.3% in its operating income in 2021 compared with this income in 2020. The exports from this industry also increased by 5.1% in 2021. Therefore, the continuous expansion of the printing industry in China is expected to offer growth opportunities for the market in the country during the forecast period.
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