PAPER AND PRINT SECTOR OVERVIEW
Statistics, news & updates: everything you need to know about the Paper and Print Industry in India
Summary/Snapshot
Paper and Print Industry
- India’s share in the world production of paper is 3.7%. Growing at a rate of 7% p.a, the papers industry has a market size of more than 17 million tonnes of papers.
- The paper’s and paper products market is projected to grow from $8.6 billion in 2018 to $13.4 billion in 2024 exhibiting a CAGR of 7.8%.
- By 2024, domestic consumption is projected at 23.5 million tonnes per annum (tpa) and production to 22 million tpa.
- The value of the print industry is estimated to be over 190 billion Indian rupees in 2020.
The industry structure comprises of more than 900 paper units, with an installed capacity of nearly 30.73 million tonnes.
As on March’23 around 553 mills are operational with a total operating capacity of around 25.61 million tonnes.
Total production for the year of 2021-22 stood at 22.504 exhibiting an increase of 3.69% on YoY basis.
Growth Drivers
- Increase in literacy rates
- Growth in press publication: 130,000 printing presses in India with a readership base of over 250 million people in India.
- Investments in technology using better quality control systems (QCS) and distributed control systems (DCS) for better quality of supplies.
- Changes in the corporate lifestyle will lead to an increase in demand for the upstream market of paper products, such as tissue papers, filter papers, tea bags etc.
Sub industries
- Labelling & Printing Industry
- Labelling & Printing Industry
- Newsprint
- Specialty Papers
Opportunities
- India is the export market leader in packaging materials sub-segments such as Biaxially-oriented Polyethylene Terephthalate (BOPET) and Flexible Intermediate Bulk Container (FIBC) film.
- The printing and writing segment demand is expected to grow annually at 4.5 per cent and reach 5.8 million tonne in FY21.
- The India Packaging Market was valued at $50.5 bn in 2019, and it is expected to reach $204.81 bn by 2025, registering a CAGR of 26.7% during the period of 2020-2025.
Challenges
- Lack of availability of quality raw material and better technology.
- The paucity of skilled manpower and heavy capital investments.
- Partnering with existing Indian players or acquiring them to reduce initial capital investment. This could lead to other issues such as management inefficiencies of the acquired Indian entity due to older machinery and technology.
How we can help you:
- Product-Pricing analysis
- Strategies for – product/service localization
- Market research to sell effectively
Key Investment Opportunities
- Production of Papers & Paper Board
- Papers & Allied Products
- Paper Bags, Cups, Cone, Tube
- Papers Conversion
- Disposable Paper Products
- Kraft Paper
- Newsprint
- Wastepaper Recycling
- Pulp
- Corrugated Board & Boxes
- Hand Made Papers
- Cardboard
Recent Developments
- The most important macro trend ongoing in the paper industry is sustainability. With an increase in rising public pressure, it’s now a business imperative for many leading companies.
- There has been continued demand for quality packaging of FMCG products, pharmaceuticals, textiles, organised retail, booming e-commerce, and other segments.
- One of the latest and emerging digital printing trends in the market that is running successfully. By making use of the additive manufacturing process or 3D printing, we can produce three-dimensional objects. The 3D printing technology has a pivotal role to play in various industries.
Key Players in India
National
- Ballarpur Industries
- Sirpur Paper Mills
- West Coast Paper Mills
- Pragati
- Khanna Papers
- JK Paper Ltd.
- Orient Paper & Industries Ltd.
International
- Anderson Printing House
- Paper APPM Ltd.
- International
- Trident Group
- Brother
- Thomson Press
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