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The demand for Envelope Paper Market was valued at US$ XX Bn in 2019. It is projected to witness a CAGR of ~3% during the forecast period (2020-2028).
Various end-users prefer envelopes because of its capacity, good resistance to environment, good printability and others.
An increase in demand for packing envelopes and mailers is one of the key factors that will contribute to the growth of the envelope paper market. Another factor that boosts the growth of envelope paper is the free shipping offered by various companies via overnight service providers.
Envelope paper is lightweight, occupy less storage space, is easily transportable and biodegradable, that is ideal for environmentally conscious consumers and is also a key driver behind high growth of envelope paper market.
Government policies play an important role in increasing the use of digital technology in society and are expected to improve the opportunities for players in the envelope paper market. The use of envelopes in e-commerce, even though the quantity is relatively small, is projected to increase over the next decade, providing more opportunities for envelope paper manufacturers.
Envelope paper manufacturers would target companies selling personalized envelopes to contain relevant information for individual customers using new digital printing technologies to make personalization simpler.
However, modern people who lose tradition and rituals to exchange money envelopes during the marriage or any other occasion, as well as the use of digital payment systems such as net banking and e-wallets to transfer money, are also preventing the growth of the paper envelope market.
On The Basis Of Market Type Segment, Specialty Based Envelope Paper Market Expected To Witness High Demand during Forecast Period (2019-2027)
Several factors have driven this development, including the growth of specialty "fast print" stores and home-based envelope printing. Specialty market envelopes must be able to accept the output of laser printers using dry plastic toner ink which is fixed to the paper in a process similar to that of copier machines. Many quick print shops use personal computers and laser printers to create unique business forms, paperwork, and envelopes.
On The Basis Of End User Segment, Shipping and Logistic Based Envelope Paper Market Expected To Witness High Demand during Forecast Period (2020-2028)
Shipping and logistics industries had accounted for a significant share of the sales of heavy-duty Envelope Paper used for sealing corrugated boxes used for transportation. Envelope Papers are manufactured with a paperboard, cotton fiber and wood pulp which provides high tear resistance, longevity, and high strength. These shipping and logistic sectors also define material handling, general logistic, and growth rate of the envelope paper market.
Asia Pacific Had Accounted For A Significant Share Of XX% In 2019.
The major presence of key players in this region a key factor in enhancing the growth of the Envelope Paper market. However, the Asia-Pacific Envelope Paper market is likely to have a significant growth rate during the forecast period 2019-2027. China and India are supposed to contribute to the higher production and significant growth of envelope paper. North America and Europe expect significant growth due to a high living standard and an increase in disposable income.
The global envelope paper market is fragmented, with few bigger players and some small providers present in this market. Most companies are small-scale enterprises that produce smaller volumes and cannot afford to import expensive envelope paper from developed countries. Some of the Manufacturers offer very high quality and specialty envelope paper compared to those provided by manufacturers in other regions. However, the envelope paper provided by manufacturers in the European region is better in terms of cost than its competitors in the Asia-Pacific region, such as India and China.
Key players operating in the Envelope Paper Market are as Mondi PLC, Domtar Corporation, UPM-Kymmene Oyj, Stora Enso Oyj, Neenah, Inc., Lintec Corporation, JK Paper, Moorim Paper Co. Ltd. and Mohawk Paper Company.
Envelope Paper Market Segmentation:
Envelope Paper Market by Product
- Hard paper
- Soft paper
Envelope Paper Market by Material
- Synthetic substrate
- Wood pulp
- Cotton fiber
Envelope Paper Market by Type
Envelope Paper Market by Applications
- Postal service
- Shipping and logistic
Envelope Paper Market by Size
- Less than 80 GSM
- 80 to 120 GSM
- 120 to 180 GSM
- More than 180 GSM
Envelope Paper Market by Region
- North America
- Latin America
- Asia Pacific
- Middle East & Africa