Coated Paper is largely used in high end printing and publishing purposes such as corporate brouchers and publicity material which is the highest value added product in the PWP segment.
Industrial Paper & Board (IPB):
IPB caters to packaging and is the largest segment in the domestic paper industry accounting for 50% of the total paper consumption. Most of the smaller players are present in this segment as most products of IBP are made from recycled paper boards thereby limiting the upfront capital investments towards pulping capacities. Kraft paper which is largely used for manufacturing corrugated containers is the largest segment accounting for 54% of IBP segment. Duplex Boards which has a 36% share of IBP segment (Largely made from recycled paper) is used for packaging of FMCG goods sold in small containers. Poster Paper accounts for 7% of IBP segment is mainly used for packaging in readymade garments. Virgin Board or specialized industrial board which is used for exclusive packaging like Perfumes, Cigarettes, Tetra packaging and high end FMCG products. Though this segment accounts for only 4% of IBP segment it is the most value added segment with consumption growth of 20% over the last 5 years. The level of industrial activity and consumer spending is driven by economic growth; pricing of these product segments is also impacted by economic cycles.
Paper Industry Value Chain:
Copier, Coated Paper Rank 2-Maplitho Rank 3- Creamwove Rank 4- Tublex Boards Rank 5- Newsprint, Kraft Paper
Raw Material Availability: