China Papermaking Market Trends Explored by CRI in Its Cutting-Edge Report Recently Published at MarketPublishers.com
19 Oct 2016 • by Natalie Aster
LONDON – The Chinese papermaking market has exhibited growth at a swift pace during past several years, due to continued upturn of the domestic economy. The output volume of paper and paperboard in the country crossed 107 million tons in the past year, posting an 8.7% CAGR during 2000-2015.
At present, the degree of prosperity differs across various sub-industries of the Chinese papermaking industry. The rising penetration of Internet in China results in declining circulation of traditional print media and, further, in continuous fall of the Chinese newsprint output volume. Meantime, the output of household paper is gaining traction, driven by enhancing living standards of the Chinese population. Liner board and packaging paper production is also keeping to a growth trend in China due to on-going development of e-commerce.
The Chinese papermaking market is inhabited by a great number of companies with low market penetration rate. By late 2015, the number of papermaking and paper product companies in China reached 2,800; their combined annual sales revenues went beyond CNY 20 million. Still there is a huge gap between the Chinese and the average level of international papermaking companies in developed countries. In the past year, there were less than 20 papermaking companies in China whose annual output was over 1 million tons.
One of the latest research studies, “Research Report on China Papermaking Industry, 2017-2021”, worked up by China Research & Intelligence Co. (CRI) offers an all-encompassing review of the Chinese papermaking market, delving into its historical background and providing a detailed analysis of the current scenario.
The report covers domestic supply and demand dynamics, scrutinises import and export trends, discusses the main market growth threats, drivers, challenges, opportunities and restraints. Moreover, the competitive landscape of the market and key market participants are highlighted in the report. It traces the recent development trends, reviews price fluctuations and also outlines future prospects of the domestic papermaking industry through 2021. Future forecasts through 2021 are also at hand.
Many other in-demand research reports drawn up by CRI can be easily found in this catalogue.