Coated & Laminated Paper Manufacturing in the US
Manufacturers in the Coated and Laminated Paper Manufacturing industry experienced a wide array of challenges over the five years to 2018, particularly from import competition and weak demand. Despite an overall decrease in revenue, however, there have been a few bright spots for the industry. For example, export growth has provided marginal support to the industry amid weak domestic demand. Additionally, rising environmental awareness from both consumers and businesses has encouraged the use of paper packaging over plastic alternatives. In many respects, the industry is expected to continue its decline over the five years to 2023 amid weak demand for its products. However, the wide range of uses for coated and laminated paper will preserve a measure of stability in the industry. Most importantly, an expected uptick in exports will fuel industry growth.
Companies in this industry primarily manufacture products that include coated or laminated paper and packaging, multiwall bags and laminated aluminum foil for flexible packaging. Industry operators also purchase raw materials, such as paper and paperboard, and process them with plastic, clay, latex and metal to create industry products. This industry does not include companies that manufacture paper from pulp; these companies are part of the Paper Mills industry (IBISWorld report 32212).
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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