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Lucintel’s Analysis of the Global Paper Industry: APAC is Expected to Drive the Global Industry Growth
Irving, Texas (PRWEB) February 03, 2013
The global paper industry experienced a good growth over the last five years and is expected to continue its growth momentum, reaching approximately US $256 billion in 2017 with a CAGR of 5.9% over next five years (2012-2017). APAC, with its burgeoning middle class and increasing literacy rate, is expected to drive the industry over the forecast period.
Lucintel, a leading global management consulting and market research firm, has analyzed the global paper industry and presents its findings in “Global Paper Industry 2012-2017: Trend, Profit and Forecast Analysis.”
The paper industry is highly fragmented. Improving literacy rate presents huge opportunity for printing and writing paper. APAC dominates this industry and was the major contributor with a 42% growth rate in 2011 due to improvement in literacy rate, urbanization, and a rise in standard of living. A combination of factors such as demographic condition, economic condition, and environmental regulations has had a significant impact on the industry dynamics.
Lucintel’s research indicates that in 2011, the industry witnessed good growth over 2010 due to the rapid modernization, favorable demographics, and changing living style are expected to drive economic growth in these regions. The paper market grew in emerging economies such as India, China, Indonesia, Brazil, and Egypt. APAC emerged as the best growth prospect in the coming years with increasing population and consumers demand for paper. Favorable demographics, rapid modernization, and changing living style will help to raise the sales of specialty papers in this industry.
As per the study, increasing literacy rate, recycling, population, and economic growth are anticipated to boost the industry. The industry is expected to face certain challenges posed by use of electronic media, enhanced environmental regulation, volatility in raw material prices, and energy inputs.
This chemical research report provides an overview of the global paper industry. The report tracks four geographic regions for the global paper industry.
For a detailed table of contents and pricing information on these timely, insightful reports, contact Lucintel at +1-972-636-5056 or via email at email@example.com. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, market insight, and cost efficiency.
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