Global Thin Papers Market Size By Product Type, By Weight, By Geographic Scope And Forecast

Report Highlights

Thin Papers Market Size And Forecast
Thin Papers Market was valued at USD 1,071 Million in 2019 and is projected to reach USD 1,704.2Million by 2027, growing at a CAGR of 6% from 2020 to 2027.

Global Thin Papers Market Outlook

Increasing demand for thin papers in retail sector and rising preference for sustainable, recyclable, and reusable paper is a key factor expected to fuel growth of the target market during the forecast period. In addition, increasing use of thin papers for printing and publishing, packaging and labeling in several industries such as food and beverages, pharmaceuticals, and cosmetics across the globe is another key factor expected to boost the development of the global market during the forecast period. Increasing demand for various types of thin papers such as specialty paper, printing paper, Kraft paper, and others for various applications such as for printing of several types of books, newspapers and magazines across the globe resulting in growing demand for thin papers. This is another factor propelling growth of the global market. Furthermore, rising awareness about various benefits of thin paper such as easy to use and handle and their cost effectiveness is another factor expected to proliferate growth of the target market in the next 10 years. However, malleable strength of thin papers is a key factor hampering growth of the global thin paper market to a certain extent.