The global sales of woodfree paper are estimated to be worth USD 2.4 billion in 2024 and are anticipated to reach a value of USD 3.3 billion by 2034. Sales are projected to rise at a CAGR of 3.1% over the forecast period between 2024 and 2034. The revenue generated by woodfree paper in 2023 was USD 2.3 billion. The industry is anticipated to exhibit a Y-o-Y growth of 2.7% in 2024.
Woodfree paper is majorly used in the packaging industry because of its smooth surface and high opacity. The paper is ideal for printing high-quality graphics and text which improves the attractiveness of products resulting in improved shelf appeal. Woodfree paper is strong and durable which makes it more useful in the packaging industry.
The paper is made from chemical pulp to remove the lignin. This makes the paper more resistant to ageing and yellowing. Woodfree paper is durable which is an essential property in packaging materials to protect products while shipping.
Global Woodfree Paper Industry Assessment
| Attributes | Key Insights |
|---|---|
| Historical Size, 2023 | USD 2.3 billion |
| Estimated Size, 2024 | USD 2.4 billion |
| Projected Size, 2034 | USD 3.3 billion |
| Value-based CAGR (2024 to 2034) | 3.1% |
Hardwood pulp is used in making woodfree paper driven by its high content of cellulose fibre. Cellulose is essential in paper manufacturing to retain flexibility and strength. Paper made from woodfree paper is high in brightness and opacity which is essential in orienting industry. This pulp is used for smoother paper surface applications which is ideal for printing with fine details and colour fidelity.
Woodfree paper uses cotton as a source especially because of its application in paper, such as stationary, high-end printing, and other papers. Cotton fibres are used because of their excellent properties such as strength, durability, and softness. Since cotton is an easily available material and cultivated crop, they are used increasingly in woodfree paper manufacturing.
The woodfree paper industry is set to experience moderate growth during the forecast period. It is projected to create an incremental opportunity of USD 1 billion and is predicted to rise 1.4 times the current market value through 2034.
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
The above table presents the expected CAGR for the global woodfree paper market over several semi-annual periods spanning from 2024 to 2034. In the first half (H1) of the decade from 2023 to 2033, the business is predicted to surge at a CAGR of 3.4%, followed by a slightly lower growth rate of 2.8% in the second half (H2) of the same decade.
| Particular | Value CAGR |
|---|---|
| H1 | 3.4% (2023 to 2033) |
| H2 | 2.8% (2023 to 2033) |
| H1 | 2.9% (2024 to 2034) |
| H2 | 3.2% (2024 to 2034) |
Moving into the subsequent period, from H1 2024 to H2 2034, the CAGR is projected to increase slightly to 2.9% in the first half and remain relatively moderate at 3.2% in the second half. In the first half (H1) the market witnessed a decrease of 50 BPS while in the second half (H2), the market witnessed an increase of 40 BPS.
Wide Applications of Wood free Paper
The rising application of woodfree paper in office stationery, envelopes, letterheads, and notebooks is supplementing the demand. Woodfree paper can meet the daily printing needs efficiently such as documents, invoices, reports, and presentations. The paper has high printability which makes the print clear and crisp which is ideal for printing purposes.
This paper is a must in printing education sector for printing different workbooks, and textbooks. The high-quality papers make the educational content highly intact and easily readable for a prolonged period. Woodfree paper is highly used for artistic purposes such as sketching, drawing, and painting driven by its increased opacity and smooth writing surface.
Wood-free paper is increasingly used in DIY and other art-related crafts, newsletters, print projects, etc. The paper is versatile which makes it handle numerous printing methods. It makes a reliable choice for creative works in the printing industry.
Sustainability & Eco-friendly Practices
Increasing demand for recycled materials and agriculture waste is creating traction in the woodfree paper industry. The use of recycled fibres and agricultural waste in producing woodfree paper is translating into the reduction of virgin pulp for raw materials. This has resulted in reducing the destruction of forests and carbon emissions.
Consumers are also inclined towards eco-friendly products and know the importance of a circular economy. Companies are moving towards using agricultural waste for paper production by innovating in product processes and technologies. This practice will result in a reduction of agricultural waste going into landfills and harming the environment.
It will provide an alternative raw material source for paper production. This shift towards using sustainable practices in the production process and manufacturing of woodfree paper impacts the market expansion.
Rising Paper Prices
The paper industry is experiencing an increase in prices which will impact both the consumers as well as manufacturers. The paper has been seeing the rise in the process over the past few years driven by raw material process fluctuations, supply chain disruptions, and rising demand. The price of different paper grades has increased by 10 to 20 per cent in recent times.
This is impacting the industry using paper, such as printing, to packaging. As a result, companies are exploring new strategies to overcome this challenge and reassessing their product methods to reduce the impact of rising costs.
Principal Consultant
The global woodfree paper industry recorded a CAGR of 4.8% during the historical period between 2019 and 2023. The growth of the woodfree paper industry was positive as it reached a value of USD 148.6 million in 2023 from USD 123.7 million in 2019.
Increasing demand for recyclable paper materials and urgent need for environmentally friendly printing solutions are expected to push sales of white woodfree paper in the next decade. Besides, the surging need for efficient printing solutions for high-end catalogues and magazines is another factor that is projected to drive the requirement for wood-free printing paper.
Increasing utilization of woodfree printing paper in premium applications where durable, quality paper is needed is expected to boost the global market. Acid-free paper with little lignin is often used to preserve significant artworks and documents. Often, an alkaline buffer is added to prevent acid erosion.
Special acid-free archival paper is required when exceptional longevity is the top priority. Woodfree papers are made of cotton rag or similar pulp comprised of cellulose. Woodfree sticker papers help in providing the highest quality standards for finished products. Spurred by the aforementioned advantages, the woodfree paper market growth is projected to surge in the evaluation period.
The rising use of woodfree printing paper for archival printing owing to its ability to deliver excellent contrast quality and easy application of pigment-based inks is a vital factor that would spur the market. International companies are expected to invest huge sums in research activities to discover cutting-edge paper for the packaging of their products.
For instance, Ben & Jerry’s, a reputed manufacturer of ice creams, sorbet, and frozen yoghurt based in the USA, signed up for the Pack4Good initiative, which is specially designed to encourage companies to adopt circular feedstock.
The company’s Pack4Good policy mentioned that it will use FSC-certified wood, surge utilization of recycled next-generation fibres, lower material use by design innovation, and continue to be free of endangered or ancient forest fibre. Rising initiatives by key companies to increase sustainability by adopting coated woodfree paper are set to accelerate the market.
Tier 1 companies comprise market leaders with a market revenue of above USD 50 million capturing a significant market share of 10% to 20% in the global market. These market leaders are characterized by high production capacity and a wide product portfolio.
These players are distinguished by their extensive expertise in manufacturing across multiple products across different applications and a broad geographical reach, underpinned by a robust consumer base. They provide a wide range of products utilizing the latest technology and meeting the regulatory standards providing the highest quality.
Prominent companies within Tier 1 encompass Mondi Group Plc, JK Paper Limited, International Paper, Inc., PG Paper Company, and Smurfit Kappa Group PLC.
Tier 2 companies include mid-size players with revenue of USD 20 to 50 million having presence in specific regions and highly influencing the regional market. These are characterized by a limited international presence and well-maintained market knowledge. These market players have good technology and ensure regulatory compliance but may not have advanced technology and wide global reach.
Prominent companies in tier 2 include Drewsen Spezialpapiere GmbH & Co KG., Georgia-Pacific LLC, and TELE-PAPER (M) SDN. BHD., Imerys Kaolin Inc., Kobax Paper and Board, Nine Dragons Paper (Holdings) Limited, and Veritiv Corporation.
Tier 3 includes the majority of small-scale companies operating at the local presence and serving niche markets having revenue below USD 20 million. These companies are notably oriented towards fulfilling local market demands and are consequently classified within the tier 3 share segment.
They are small-scale players and have very limited geographical reach. Tier 3, within this context, is recognized as an unorganized market, denoting a sector characterized by a lack of extensive structure and formalization when compared to organized competitors.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
The section below covers the industry analysis of the woodfree paper market for different countries. Market demand analysis on key countries in several regions of the globe, including North America, South Asia & Pacific, East Asia, Western Europe, Eastern Europe, and others, is provided. In Europe, Germany is anticipated to register a moderate growth at 1.9% through 2034.
In North America, Canada is an emerging country in woodfree paper projected to witness a growth rate of 3.0% by 2034 end.
| Countries | Value CAGR (2024 to 2034) |
|---|---|
| USA | 2.1% |
| Germany | 1.9% |
| UK | 3.4% |
| Canada | 3.0% |
| India | 6.1% |
| China | 5.2% |
| Japan | 2.6% |
| Thailand | 4.1% |
The India woodfree paper industry is anticipated to be expanding at a 6.1% growth rate through 2034. India Brand Equity Foundation (IBEF) stated that, India is one of the emerging markets for paper based packaging due to the rapid growth and industrialization in the country.
The Indian packaging sector uses paper as a major source and it is further expected that the demand for paper will rise continuously for ready-to-eat food and FMCG products. There is 55% packaging grade paper available in the paper produced in the paper and paperboard industry in India. The growth of the paper packaging industry will impact positively the woodfree paper market in the future.
Germany is experiencing exponential growth in the e-commerce industry due to the rise in number of online shoppers. The rising penetration of e-commerce led more companies to take the business via e-commerce platforms. Eurostat statistics have revealed that 70% of people are buying online products which will contribute to the use of woodfree paper.
Almost 44% of shoppers are buying clothes, shoes and accessories through online sales channel that mostly consumes woodfree paper for premium packaging. Online retailers require packaging materials, which is durable, sustainable, and cost-effective, and woodfree paper is an ideal choice for these applications. The woodfree paper industry in Germany is predicted to record a growth CAGR of 1.9% during the forecast period.
The section contains information about the leading segments in the industry. By pulp type, softwood is anticipated to capture 66.4% of value share through 2034. Among coating type, coated paper is projected to showcase significant growth at with 71.2% of market share through 2034.
| Pulp Type | Softwood Pulp |
|---|---|
| Value Share (2034) | 66.4% |
Softwood Pulp is dominating in woodfree paper industry with a value share of around 66% through assessment years. Softwood pulp is highly used in industry because it has long fibres which provide flexibility and strength to paper products. Woodfree paper demands these qualities especially when used in high-quality printing and writing.
Softwood pulp is easily available as the trees providing softwood are highly present in regions like Europe and North America. This results in the high production rate of paper using softwood pulp. Softwood pulp has superior qualities comparatively which is in high demand by consumers, especially for premium paper products which is resulting in its expansion.
Woodfree paper produced using softwood pulp has increasing use in advertising, publishing, and packaging industries as they demand paper with aesthetics and functional properties. All these factors collectively contribute in the growth of the target segment.
| Coating Type | Coated |
|---|---|
| Value Share (2034) | 71.2% |
The coated paper offers numerous excellent printing capabilities which result in its huge application in high-end printing. They are majorly used in high-quality printing such as brochures, magazines, and other advertising materials. This application requires smooth and glossy paper which has improved colour vibrancy and image clarity which is essential in premium products.
Coated paper is increasingly used in publishing, premium packaging, and advertising applications because of its visual appeal and even surface. Print quality is an important factor in the advertising and publishing industry which is impacting the woodfree paper demand. Coated paper is set to gain a 71.2% market share in the upcoming period.
Several prominent players in the woodfree paper market are significantly investing in innovation, research, and development to discover new applications and enhance their offerings. Leveraging technology, these companies prioritize safety, product quality, and customer satisfaction to expand their customer base.
Key manufacturers of woodfree paper are focusing on developing recycled material packaging and developing packaging solutions to meet sustainability demand. They are adopting a merger & acquisition strategy to expand their resources and are developing new products to meet customer needs.
Recent Industry Developments in Woodfree Paper Market
In terms of pulp type, the industry is divided into hardwood and softwood.
In terms of source, the industry is segregated cotton, hemp, linen, and bamboo.
The industry is classified by coating type as coated, and uncoated.
The industry is classified by end use as printing, and packaging.
Key countries of North America, Latin America, Western Europe, Eastern Europe, South Asia & Pacific, East Asia, and Middle East and Africa (MEA), have been covered in the report.
The global woodfree paper industry is projected to witness CAGR of 3.1% between 2024 and 2034.
The global woodfree paper industry stood at USD 2.3 billion in 2023.
The global woodfree paper industry is anticipated to reach USD 3.3 billion by 2034 end.
South Asia and Pacific is set to record the highest CAGR of 5.0% in the assessment period.
The key players operating in the global woodfree paper industry include includes Mondi Group Plc, JK Paper Limited, International Paper, Inc, PG Paper Company, and Smurfit Kappa Group PLC.
1. Executive Summary
2. Industry Introduction
2.1. Market Taxonomy
2.2. Market Definition
3. Market Trends and Success Factors
4. Market Background
4.1. Macro-economic and Industry Outlook
4.2. Market Dynamics
4.3. Value Chain Analysis
4.4. List of Key Market Participants (Manufacturers/Channel Partners)
4.5. Analysis of Key Industry Matrices
4.6. Industry Development Roadmap
5. Global Market Demand Analysis 2019 to 2023 and Forecast 2024 to 2034
5.1. Historical Market Volume Analysis
5.2. Future Market Volume Projections
6. Pricing Analysis
7. Global Market Value (USD) Analysis 2019 to 2023 and Forecast 2024 to 2034
7.1. Historical Sales Analysis
7.2. Future Market Size and Growth Projections
8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, Pulp Type
8.1. Hardwood
8.2. Softwood
9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Source
9.1. Cotton
9.2. Hemp
9.3. Linen
9.4. Bamboo
10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Coating Type
10.1. Coated
10.2. Uncoated
11. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by End Use
11.1. Printing
11.2. Packaging
12. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Region
12.1. North America
12.2. Latin America
12.3. Western Europe
12.4. East Asia
12.5. South Asia & Pacific
12.6. Middle East and Africa (MEA)
12.7. Eastern Europe
13. North America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Market Segments and Country
14. Latin America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Market Segments and Country
15. Western Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Market Segments and Country
16. East Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Market Segments and Country
17. South Asia & Pacific Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Market Segments and Country
18. Middle East and Africa (MEA) Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Market Segments and Country
19. Eastern Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Market Segments and Country
20. Sales Analysis 2024 & 2034 by Key Market Segments for 30 Countries
21. Competition Outlook including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard
22. Company Profile
22.1. International Paper, Inc.
22.2. Mondi Group Plc
22.3. JK Paper Limited
22.4. Smurfit Kappa Group PLC
22.5. Drewsen Spezialpapiere GmbH & Co KG.
22.6. Georgia-Pacific LLC
22.7. PG Paper Company
22.8. TELE-PAPER (M) SDN. BHD.
22.9. Imerys Kaolin Inc.
22.10. Kobax Paper and Board
22.11. Navigator Company, S.A.
22.12. AMERICAN PAPER EXPORT INC.
22.13. Nine Dragons Paper (Holdings) Limited
22.14. Veritiv Corporation
22.15. Moorim Paper Co., Ltd
22.16. Kuantum Papers Ltd.
22.17. Indah Kiat Pulp & Paper
22.18. Samson Paper Holdings Limited
22.19. Rainbow Papers Limited
22.20. Seshasayee Paper and Boards Limited
Explore Packaging Insights
View Reports
Woodfree Paper Market
