Market revenue in 2023 | USD 472.0 million |
Market revenue in 2030 | USD 795.7 million |
Growth rate | 7.7% (CAGR from 2023 to 2030) |
Largest segment | Coated paper |
Fastest growing segment | Coated Paper |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 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 45.11% in 2023. Horizon Databook has segmented the North America 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 pandemic shifted the paradigm from print to web-to-print in the region. However, in 2023, it is expected that industry players will capitalize on printing opportunities due to growing applications of digital printing.
This, in turn, is anticipated to fuel the demand for high-speed production inkjet printing paper in North America as it is an ideal print solution for mail owners to lower operating costs and generate higher revenues.
Moreover, high-speed production inkjet printer paper market in North America is expected to witness significant growth in the coming years owing to increasing demand for paper products in the region. Despite the pandemic, approximately 8.2% more printed books were sold in North America in 2020 than were sold in 2019 as a large number of young people in the region are inclined toward reading books again.
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