PUBLISHER: Grand View Research | PRODUCT CODE: 1363056
PUBLISHER: Grand View Research | PRODUCT CODE: 1363056
The global high-speed production inkjet printer paper market size is expected to reach USD 4.21 billion by 2030, with a CAGR of 7.9% from 2023 to 2030, according to a new report by Grand View Research, Inc.. The growth is attributed to the rising utilization of digital printing technology owing to the benefits offered, such as lower cost and high-quality resolution. Moreover, the growing use of high-speed production inkjet printers in commercial applications such as books, brochures, newspapers, magazines, and marketing collaterals is expected to boost the demand for high-speed production inkjet printer paper in the coming years.
Forest products such as softwood, hardwood, timber, and pulp are used globally for producing paper. However, several laws have been imposed worldwide to prevent excessive deforestation and curb the surging threat of global warming, which is predicted to hamper the market. However, many organizations, such as the Rainforest Action Network; Greenpeace; and Forest Law Enforcement, Governance and Trade (FLEGT), have been making efforts to create awareness among the masses regarding the hazards of deforestation. This is expected to result in the adoption of sustainable practices for the development of papers, including high-speed production of inkjet printer paper.
There are advancements in printing technology, including continuous inkjet (CIJ) printing. The continuous inkjet printing technique uses a continuous ink stream for printing. It is mainly utilized in commercial printing applications as this technique results in quick, high-quality printing. Continuous inkjet printers eject electrostatically charged particles from the print nozzle at high speed, which is preferable for fast-paced printing applications.
The major market players are emphasizing the use of sustainable materials for developing high-speed production inkjet printing paper, including scrap papers, reduced chemicals, alternative fibers, and Forest Stewardship Council (FSC)-certified paper. Manufacturers use recycled content for producing this paper. It also includes the usage of scrap paper, which results in reduced demand for new fibers. In addition, there has been widespread use of FSC-certified papers across the world. This implies that FSC-certified papers meet the highest environmental and social standards. These initiatives are expected to fuel the demand for sustainable paper solutions, thereby fueling market growth.