by Copper plate paper is a specialized type of lithographic printing paper that has superior ink acceptance and robustness. It is extensively utilized in the printing of artwork, directories, catalogs, magazines, and advertisements that require high-quality imaging. Copper plate paper has a bright white color and an extremely smooth surface that offers excellent printing resolution. The paper has acid-resistant sizing applied during manufacturing to accept water-based fountain solution in lithographic printing. This property ensures clarity and longevity of printed content. Copper plate paper is resistant to ink mottle and fading over long-term storage and has a long shelf life.
The global Copper Plate Paper Market is estimated to be valued at US$ 910 Mn in 2023 and is expected to exhibit a CAGR of 6.0% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Dynamics
Growing demand from advertising and publishing industries: Copper plate paper finds key application in printing of catalogs, magazines, directories and other advertising collateral that require high print quality. The flourishing advertising industry globally driven by expanding internet penetration is fueling the demand for specialty papers like copper plate paper. Also, resurgence of print media is augmenting the demand for copper plate paper from publishing houses for books and periodicals.
Technology advancement enabling digital proofing: Advances in digital platesetting and printing technologies have enabled transition from analog to digital workflow. Copper plate paper manufacturers have collaborated with equipment providers to offer solutions for digital proofing directly from plates using copper plate paper. This is allowing publishers and advertisers to preview the final print and make last-minute changes digitally before commercial production. Such developments are encouraging wider adoption of copper plate papers.
Segment Analysis
The global copper plate paper market is dominated by the packaging and printing segment, which is estimated to account for over 60% market share in 2024. This is due to high usage of copper plate paper in the printing of various packaging materials such as boxes, cartons, and pouches. Within the packaging segment, food packaging is the largest sub-segment owing to increasing demand for attractive and vibrant printed packaging from the food industry.
PEST Analysis
- Political: The governments across major economies are supporting green packaging initiatives through various policies and regulations in order to reduce plastic usage. This is expected to benefit the copper plate paper market.
- Economic: Growing e-commerce industry and increasing demand for attractive product packaging from various end-use industries such as food and cosmetics are driving the demand for copper plate paper market.
- Social: Consumers are increasingly preferring visually appealing and environment-friendly packaging. This is increasing the preference for copper plate paper over plastic packaging.
- Technological: Advancements in printing technologies allow high-resolution printing on copper plate paper substrates. This has increased its usage in premium packaging applications.
Key Takeaways
The global copper plate paper market is expected to witness high growth during the forecast period of 2023 to 2030.
Regional analysis: The Asia Pacific region accounts for around 45% share of the global copper plate paper market led by strong demand from China, India, Indonesia and other ASEAN countries. This is due to presence of large packaging and printing industries catering to various industries including food and consumer goods. The region is expected to continue its dominance during the forecast period as well owing to rising disposable incomes, increasing population and growing demand for premium packaged products.
Key players operating in the copper plate paper market are International Paper Company, Domtar Corporation, Nippon Paper Industries Co., Ltd., UPM-Kymmene Corporation, Sappi Limited. Key players are focusing on developing sustainable and eco-friendly copper plate paper grades to capitalize on the trend towards green packaging.
