PAPER AND PRINT SECTOR OVERVIEW
Statistics, news & updates: everything you need to know about the Paper and Print Industry in India
Summary/Snapshot
Paper and Print Industry
- India’s share in the world production of paper: India now produces about 5% of the world’s total paper
- Market size and growth rate: The paper industry in India is growing at a rate of 7.5% per annum and has a market size of approximately 22 million tonnes
- Market value: The paper and paper products market is projected to grow from $8.6 billion in 2018 to $13.4 billion in 2024, exhibiting a CAGR of 7.8%.
The industry structure comprises of more than 900 paper units, with an installed capacity of nearly 30.73 million tonnes.
Value of the print industry: The value of the print industry in India is estimated to be over 260 billion Indian rupees in 2023 and is projected to exceed 288 billion rupees by 2026
- Domestic consumption and production: By 2024, domestic consumption is projected to be 23.5 million tonnes per annum (tpa), and production is expected to reach 22 million tpa
Growth Drivers
- Increase in literacy rates
- Growth in press publication: 130,000 printing presses in India with a readership base of over 250 million people in India.
- Investments in technology using better quality control systems (QCS) and distributed control systems (DCS) for better quality of supplies.
- Changes in the corporate lifestyle will lead to an increase in demand for the upstream market of paper products, such as tissue papers, filter papers, tea bags etc.
Sub industries
- Labelling & Printing Industry
- Labelling & Printing Industry
- Newsprint
- Specialty Papers
Opportunities
- India is the export market leader in packaging materials sub-segments such as Biaxially-oriented Polyethylene Terephthalate (BOPET) and Flexible Intermediate Bulk Container (FIBC) film.
Printing and writing segment demand: The demand for the printing and writing segment is expected to grow at a CAGR of 4.33% and reach approximately 6.2 million tonnes by FY24.
India Packaging Market: The India Packaging Market was valued at $50.5 billion in 2019 and is expected to reach $84.37 billion by 2024, registering a CAGR of 11.06% during the period of 2020-2024
Challenges
- Lack of availability of quality raw material and better technology.
- The paucity of skilled manpower and heavy capital investments.
- Partnering with existing Indian players or acquiring them to reduce initial capital investment. This could lead to other issues such as management inefficiencies of the acquired Indian entity due to older machinery and technology.
How we can help you:
- Product-Pricing analysis
- Strategies for – product/service localization
- Market research to sell effectively
Key Investment Opportunities
- Production of Papers & Paper Board
- Papers & Allied Products
- Paper Bags, Cups, Cone, Tube
- Papers Conversion
- Disposable Paper Products
- Kraft Paper
- Newsprint
- Wastepaper Recycling
- Pulp
- Corrugated Board & Boxes
- Hand Made Papers
- Cardboard
Recent Developments
- The most important macro trend ongoing in the paper industry is sustainability. With an increase in rising public pressure, it’s now a business imperative for many leading companies.
- There has been continued demand for quality packaging of FMCG products, pharmaceuticals, textiles, organised retail, booming e-commerce, and other segments.
- One of the latest and emerging digital printing trends in the market that is running successfully. By making use of the additive manufacturing process or 3D printing, we can produce three-dimensional objects. The 3D printing technology has a pivotal role to play in various industries.
Key Players in India
National
- Ballarpur Industries
- Sirpur Paper Mills
- West Coast Paper Mills
- Pragati
- Khanna Papers
- JK Paper Ltd.
- Orient Paper & Industries Ltd.
International
- Anderson Printing House
- Paper APPM Ltd.
- International
- Trident Group
- Brother
- Thomson Press
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