Paper Industry: A Global Outlook
San Jose, CA (PRWEB) September 2, 2008
Emergence of electronic communication media, such as, e-mails, digitally stored files, e- books, e-zines, downloadable reports, and electronic catalogs, among others, have irreversibly changed the landscape of the paper industry by steadily replacing printed-paper alternatives in various degrees. With the younger generation making up for a large portion of the modern workforce, the pace of replacement is expected to gather momentum in the upcoming years.
Advantages such as, convenience, lower cost and need for timely information will continue to drive the replacement trend. In addition to paper substitution in printing papers, packaging papers are also feeling the heat of alternatives such as plastic film and composite substrates. Driven by cutting edge benefits, such as, superior barrier protection, better product visibility, reusability and reclose-ability, these substrates are replacing board applications within the foodservice container, folding carton, and shipping container segments. The culmination of these factors is the declining prices and demand for traditional paper products.
The packaging end-use industry nevertheless offers potential for growth thanks to favorable factors such as lower cost and environmental friendliness of paper. Newsprint another key end-use application for paper is primarily dependent on global economic conditions. With the North American and European newsprint market witnessing flat growth due to expanding electronic media, Asia-Pacific is expected to drive future sales in the market.
Despite the challenges, manufacturers in the industry are changing their fundamental approach to manufacturing and marketing of paper products, in an attempt to retain relevance in the changing environment. Rising environmental concerns over plastics still gives paper packaging an opportunity to capitalize on available potential. Future demand for paper and paper-based products is expected primarily from markets in the Asia, Far East and South America. China is emerging as one of the largest consumers of paper products in the world, with packaging and printing sectors accounting for a significant share of the total demand.
In the past, North America and Scandinavia dominated the global pulp and paper production scenario. However, capacity expansion in the regions was limited due to the lack of sufficient forest land. Consequently, a shift is being witnessed with Asia, Eastern Europe, and South America emerging as new production centers for the global paper industry. Expanding Asian influence in the global paper industry is evident by the significant rise in the installation of large paper machines in Fast East nations such as China, driven by generous subsidies and soft loans. Cheap labor and lower production costs are major factors contributing to the shift of production activities to developing countries.
The report titled "Paper Industry: A Global Outlook", published by Global Industry Analysts Inc, provides a collection of statistical anecdotes, market briefs, and concise summaries of research findings. The report offers an aerial view of the global paper industry, its key market segments, and recent noteworthy mergers, and acquisitions. Major markets discussed in the report include United States, UK, Russia, China, India, UK, Russia, China, India, Indonesia, Malaysia, and Vietnam. The report also includes a directory listing of addresses, and contact details of 1,070 companies worldwide.
For more details about this research report, please visit http://www.strategyr.com/Paper_And_Paper_Products_Industry_Market_Report.asp.
About Global Industry Analysts, Inc.:
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of over 60,000 smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.
Global Industry Analysts, Inc.
Email press @ StrategyR.com
Web Site http://www.StrategyR.com