Inkjet Paper Market Size, Share, Growth, And Industry Analysis By Type (Matte Paper, Glossy Paper, Semi-gloss Paper and Others) By Application (Household, Commercial, Industry and Others), Covid-19 Impact, Latest Trends, Segmentation, Driving Factors, Restraining Factors, Key Industry Players, Regional Insights, and Forecast From 2022 To 2030

Updated On: 11 September 2023

inkjet paper market Report Overview

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The global inkjet paper market size is expected to grow from USD 12.67 Billion in 2022 to USD 27.37 Billion by 2028, at a Compound Annual Growth Rate (CAGR) of 13.7% from 2022 to 2028.

Inkjet papers are exclusively designed for inkjet printers, typically classified by their weight, brightness, and smoothness, and sometimes by their opacity. Glossy, semi-glossy or matte finishes are some of the usual varieties of paper type that comes under inkjet papers. On the paper, a coating may be added to improve adhesion during printing with the inkjet papers. Additionally, it has a tighter weave than regular paper, making it more resistant to bleed-through.

One of the most popular and possibly most versatile printers available today uses inkjet paper. They can be utilized for a wide range of diverse color printing needs, including photos, signs, invites, labels, cards, and presentation materials. They print black and white documents swiftly and beautifully as well. For a variety of commercial and non-commercial purposes, a smooth surface is necessary. Commercial inkjet papers are frequently utilized for demanding business applications due to their incredibly smooth and durable surface qualities. This would entail the inkjet paper market growth to be in a positive way in the forecasted period.

COVID-19 Impact: Demand For Inkjet Papers Declined Due To Digitalization

The unexpected occurrence of the COVID-19 pandemic led to the execution of stringent lockdown rules across numerous nations ensuing the disturbances in the movement of goods and services activities across all sectors of the economy. The lockdown situation enabled people to do work from home leading to more digitalization of the workspace both in commercial and non-commercial spaces. The increased digitalization affected the inkjet paper market to shrink during COVID-19.

Latest Trends

"Latest Water-Based Inkjet Technology To Widen The Printing Spectrum"

In contemporary business, organizations must be agile and adapt to the global supply chain which meant being able to print on demand as per the specific requirement of clients. Earlier inkjet printing due to its swift printing style is widely used in official as well as non-official spaces but is limited to standard documents and photos. The adoption of water-based inkjet technology in the printers will enable inkjet printers to print on a host of several non-standard size documents with inkjet printers. This will drive up the inkjet paper market growth in the forecasted period.

inkjet paper market Segmentation

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• By Type Analysis

According to type, the market can be segmented into matte paper, glossy paper, semi-gloss paper and others. The matte paper segment is leading the segment with its wider adoption in the market.

• By Application Analysis

Based on application, the market can be divided into Household, Commercial, Industry and others. Due to the increased use of digital printers in the homes, household segment is the leading segment by application.

Driving Factors

"Increased Demand For Digital Printers In Non-Commercial Sector To Boost The Demand"

In post-COVID-19, the ease of using digital technologies and their widespread acceptance has also driven the market for digital printers and papers. Households are quite comfortably adopting digital medium-size printers for domestic purposes. The increase in the retail sales of digital printers will act as the driver for subsequent demand for inkjet papers.

"Reduced Cost Of Printing To Enhance The Frequency Of Printing Paper Utilization"

The proliferation of the commercial and retail sectors around the world is anticipated to support the expansion of the commercial inkjet paper market. The efficiency in printing with inkjet papers is associated with minimal use of ink with low wastages of ink and paper thereby reducing the cost of printing significantly. Additionally, the print-on-demand for water-based inkjet technologies implies only printing when the customer need arises further reducing the cost of printing in commercial spaces.

Restraining Factors

"Solid Ink Presses And Hybrid Printing Lines To Drive Down The Market Growth"

The introduction of solid ink presses and hybrid print lines that do not require particular papers is forecasted to have a negative impact on inkjet printers and papers. The solid ink press and hybrid printing lines used with the laser-class printer are strong competitors to the inkjet printers as it does not require any specific type of paper for printing.

inkjet paper market Regional Insights

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"Europe To Dominate The Market With Digital Printing Applications"

Some of the initial nations that adopted the colorful inkjet technology were Italy and Spain, Therefore, not surprisingly, in the inkjet paper market, Europe is the leading market with transactions and related printing applications for continuous digital inkjet printing enabling demand for inkjet papers. North America is the next leading region for inkjet papers due to its large-scale commercial application.

Key Industry Players

"Key Players Focus on Partnerships to Gain a Competitive Advantage "

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.

List of Market Players Profiled

• International Paper (U.S.)
• Domtar (U.S.)
• UPM (Finland)
• Stora Enso (Finland)
• OJI (Japan)
• Smurfit Kappa (Ireland)
• Sappi (South Africa)
• Nippon Paper (Japan)
• Mondi (U.K.)
• Fujifilm (Japan)

Report Coverage

This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, etc. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.