The North America Paper Pigments Market would witness market growth of 7.9% CAGR during the forecast period (2024-2031). In the year 2020, the North America market's volume surged to 3,546.5 kilo tonnes, showcasing a growth of 27.7% (2020-2023).
Uncoated paper refers to paper that does not undergo a coating process, resulting in a more natural texture and appearance. Although it lacks the smooth finish of coated papers, uncoated paper is valued for its printability and absorbency, making it suitable for a variety of applications, including stationery, books, and office supplies. Thus, the Canada market is expected to utilize 1,097.0 kilo tonnes of paper pigments in uncoated paper applications by the year 2031.
The US market dominated the North America Paper Pigments Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $3,938.3 million by 2031. The Canada market is experiencing a CAGR of 8.5% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 10% during (2024 - 2031).
The paper pigments market refers to the industry involved in producing, distributing, and selling pigments specifically formulated for use in paper-based products. Paper pigments impart color to paper, creating vibrant and visually appealing printed materials, packaging, and other paper-based products.
Additionally, the market encompasses a wide range of pigments, including both organic and inorganic varieties, each offering different colors, properties, and performance characteristics. These pigments are used in various applications across industries, such as printing and publishing, packaging, art and design, labelling, security printing, and decorative papers.
The growth of the e-commerce sector in Mexico leads to an increased demand for packaging materials to accommodate the shipping and delivery of goods. This includes corrugated boxes, shipping labels, packaging inserts, and protective packaging materials, all requiring paper pigments for printing and enhancing visual appeal. As per the International Trade Administration (ITA), the domestic e-commerce industry in Mexico was valued at USD 26.2 billion in 2022, marking a 23 per cent growth from 2021. Mexico ranks among the top five countries regarding e-commerce retail growth rate.
Free Valuable Insights: The Paper Pigments Market is Predict to reach USD 26 Billion by 2031, at a CAGR of 8.2%
Based on Application, the market is segmented into Uncoated Paper, and Coated Paper. Based on Type, the market is segmented into Calcium Carbonate, Kaolin, Titanium Dioxide, Amorphous Silicas, Talc, and Other Types. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
By Application (Volume, Kilo Tonees, USD Billion, 2020-2031)
By Type (Volume, Kilo Tonees, USD Billion, 2020-2031)
By Country (Volume, Kilo Tonees, USD Billion, 2020-2031)
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