Accessibility Statement Skip Navigation
  • Resources
  • Blog
  • Journalists
  • +44 (0)20 7454 5110
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All Public Company News
      • All Multimedia News
      • View All News Releases

      • Regulatory News

      • D/A/CH Regulatory News
      • UK Regulatory News
      • View All Regulatory News

  • Business & Money
      • Auto & Transportation

      • Aerospace & Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads & Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking & Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers & Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalisation
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls & Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil & Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defence
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation & Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking & Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers & Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines & Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics & Personal Care
      • Fashion
      • Food & Beverages
      • Furniture & Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewellery
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks & Tourist Attractions
      • Gambling & Casinos
      • Hotels & Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Animal Welfare
      • Corporate Social Responsibility
      • Economic News, Trends & Analysis
      • Education
      • Environmental
      • European Government
      • Labour & Union
      • Natural Disasters
      • Not For Profit
      • Public Safety
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Overview
  • Distribution
  • Paid Placement
  • Multichannel Amplification
  • Disclosure Services
  • SocialBoost
  • Rooms
    • MediaRoom
    • ESG Rooms
  • AI Tools
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Hamburger menu
  • Cision PR Newswire UK provides press release distribution, targeting, monitoring, and marketing services
  • Send a Release
    • Phone

    • +44 (0)20 7454 5110 from 8 AM - 5:30 PM GMT

    • ALL CONTACT INFO
    • Contact Us

      +44 (0)20 7454 5110
      from 8 AM - 5:30 PM GMT

  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • News in Focus
    • Browse News Releases
    • Regulatory News
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
    • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • Overview
  • Distribution
  • Paid Placement
  • Multichannel Amplification
  • Disclosure Services
  • Cision Communications Cloud®
  • AI Tools
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists

Billing Paper Market to Top US$ 1.48 Bn by 2031 as Adoption of Green Billing Papers Burgeons: Future Market Insights

This image opens in the lightbox

News provided by

Future Market Insights

17 Nov, 2021, 14:00 GMT

Share this article

Share toX

Share this article

Share toX

Future Market Insight's (FMI's) latest study uncovers current trends and opportunities accelerating the billing paper market growth. It provides insights into key factor driving demand across various segments in terms of paper type, basis weight, and application. The survey also identifies scope for expansion in developed and developing markets for the assessment period, from 2021 to 2031.

DUBAI, U.A.E., Nov. 17, 2021 /PRNewswire/ -- As per the latest study by FMI, the global billing paper market is estimated to reach US$ 1.48 Bn by the end of 2031. Increasing adoption of digitalized billing systems, especially across developing economies such as India, China, Indonesia, and others is propelling the demand for billing paper.

Increasing need to keep the business data organized and save operational costs by providing printed bills to customers is driving the market. In response to this, the market is expected to expand at a CAGR of 6% during the forecast period 2021-2031.

Request a report sample to gain comprehensive insights at https://www.futuremarketinsights.com/reports/sample/rep-gb-14150

Rising awareness regarding the hazardous effect of carbon paper on human health and the environment is encouraging businesses to adopt sustainable and carbon-less billing paper for invoices and receipts. Against this backdrop, the market is anticipated to register year-on-year growth of 4.2% in 2021.

Some of the leading billing papers manufacturers are launching environment-friendly products to capitalize on the increasing demand for green papers. For instance, Pixelle Specialty Solutions recently launched carbonless billing papers, which are made using novel NatureSolv™ technology to address surging demand for sustainable billing papers. A slew of such developments and product launches are estimated to create lucrative growth opportunities in the market.

In terms of paper-type, the 2 parts no carbon required (NCR) paper segment is projected to hold the largest revenue share, accounting for nearly 35% of the sales through 2031. Easy transfer of handwritten data from the top sheet to the underneath one is expected to improve the growth in the segment.

"Key players are focusing on providing customized carbonless billing papers to assist companies to promote their businesses. Some are offering self-designed billing papers to businesses, showcasing specific information that will help companies improve their brand identify," says a FMI analyst.

Key Takeaways from Billing Paper Market Study

  • The U.S. is projected to lead the market in North America, accounting for nearly 85% of total sales during the assessment period.
  • Germany is estimated to emerge as one of the highly remunerative markets in Europe, contributing more than 25% of the revenue through 2031.
  • Sales of billing paper in Thailand is forecast to grow by 10% CAGR over the next ten years.
  • China is expected to emerge as the largest billing paper market in East Asia, expanding at a CAGR of 6.5% between 2021 and 2031.
  • As per basis weight, the 40-100 GSM segment is anticipated to dominate the market, accounting for nearly 59% of the total demand share through 2031.

Key Drivers

  • Growing trend of shopping from supermarkets and increasing popularity of e-commerce in China, India, the U.S., and Germany are expected to drive the demand for billing paper.
  • Rising demand for two-part billing papers for keeping the track of sale transactions to maintain reliable records and eliminate conflicts & queries regarding the post-transaction is facilitating the sales of 2 parts NCR papers.

We Offer tailor-made Solutions to fit Your Requirements, Request Customization@ https://www.futuremarketinsights.com/customization-available/rep-gb-14150

Key Restraints

  • Increasing number of initiatives undertaken to eliminate the use of paper and decline deforestation activities are hampering the growth in the market.
  • Rising trend of electronic invoicing and digital payments, owing to the growing smartphone and internet penetration across the world is hindering the sales of billing paper.

Competitive Landscape

The top five companies in billing paper market include Koehler Paper Group, Pixelle Specialty Solutions, Mitsubishi HiTec Paper Europe GmbH, Asia Pulp & Paper (APP) Sinar Mas. and Jinyi Paper Co., Ltd. These participants are estimated to account for around 40% of the global sales in 2021.

Key manufacturers are aiming at merger, acquisition, strategic collaboration and partnerships with other players to increase the production capacity and strengthen their global presence. For instance,

  • In 2021, Pixelle Specialty Solutions LLC, a leading manufacturer of specialty papers, announced acquiring carbonless rolls and security papers business from Appvion Operations Inc. and Veritiv Corporation to strengthen its portfolio and expand its production capacity.
  • In September 2021, Koehler Paper Group, a leading specialty paper manufacturing company, announced entering into a partnership with a Germany-based company, Claurs films GMBH. The partnership will assist Koehler paper to tap and explore an additional market developed with Claurs films GMBH.

Some of the key players operating in the market profiled by FMI are:

  • Koehler Paper Group
  • Pixelle Specialty Solutions
  • Mitsubishi HiTec Paper Europe GmbH
  • Krpa Holding CZ, A.S.
  • Nekoosa Coated Products, LLC
  • KDM Enterprises
  • Asia Pulp & Paper (APP) Sinar Mas.
  • Yulu Paper Industry Co.,Ltd
  • Jinyi Paper Co., Ltd.
  • VistaCoat
  • Double Tree Paper Industry Group Co.,LTD
  • Gold Huasheng Paper (Suzhou Industrial Park) CO., Ltd Inc.
  • Xiandai Paper Production
  • Surya Coats Private Limited
  • Shandong Sincere Paper Co., Ltd.

For any Queries Linked with the Report, Ask an Analyst@ https://www.futuremarketinsights.com/ask-question/rep-gb-14150

More Valuable Insights on Billing Paper Market

FMI, in its new report, provide an in-depth analysis of the global billing paper market, analyzing forecast statistics for the coming 10-years. The survey reveals growth projections on in billing paper market with detailed segmentation:

By Paper Type:

  • 2 Parts NCR Paper
  • 3 Parts NCR Paper
  • 4 Parts NCR Paper
  • 5 Parts NCR Paper

By Basis Weight:

  • Up to 40 GSM
  • 40-100 GSM
  • Above 100 GSM

By Application:

  • Institutional
  • Educational
  • Business
  • Households

By Region:

  • North America
  • Latin America
  • Europe
  • Middle East and Africa (MEA)
  • East Asia
  • South Asia
  • Oceania

Key Questions Covered in the Report

  • The report offers insight into billing paper market demand outlook for the forecast period 2021-2031
  • The market study also highlights projected sales growth for billing paper market between 2021 and 2031
  • Billing paper market survey identifies key growth drivers, restraints, and other forces impacting prevailing trends and evaluation of current market size and forecast and technological advancements within the industry 
  • Billing paper market share analysis, covering key companies within the industry and coverage of strategies such as mergers & acquisitions, joint ventures, collaborations or partnerships, and others 

Browse Extensive Coverage of our Ongoing Reports:

Aluminium Cup Market: The market is set to witness steady growth during 2021-2031. Sales of crane motors is expected to expand at CAGR of ~7% during 2021 to 2031.

Paper Pleated Cups Market: The sale of paper pleated cups is getting traction due to demand from fast food centre, cafes, hospitals and restaurants

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact:
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com/
Report: https://www.futuremarketinsights.com/reports/billing-paper-market
Press Release Source: https://www.futuremarketinsights.com/press-release/billing-paper-market 

Logo: https://mma.prnewswire.com/media/1197648/FMI_Logo.jpg 

Modal title

Also from this source

Isoprene Rubber Latex Market is Projected to Expand at a CAGR of 8.1% between 2024 and 2034 | Future Market Insights, Inc.

Isoprene Rubber Latex Market is Projected to Expand at a CAGR of 8.1% between 2024 and 2034 | Future Market Insights, Inc.

The isoprene rubber latex industry is predicted to be valued at USD 922 million by 2024. The market valuation is estimated to be USD 2,005.3 million...

Growing Demand for Premium Distilled Agave-based Beverages to Propel Mezcal Market at a CAGR of 14.2% by 2034 | Future Market Insights, Inc.

Growing Demand for Premium Distilled Agave-based Beverages to Propel Mezcal Market at a CAGR of 14.2% by 2034 | Future Market Insights, Inc.

According to Future Market Insights (FMI), the global mezcal market demand is estimated to reach a valuation of USD 635 million by 2024. Over the...

More Releases From This Source

Explore

Environmental Products & Services

Environmental Products & Services

News Releases in Similar Topics

Contact PR Newswire

  • +44 (0)20 7454 5110
    from 8 AM - 5:30 PM GMT
  • General Enquiries
  • Media Enquiries
  • Partnerships

Products

  • Content Distribution
  • Multimedia Services
  • Disclosure Services
  • Cision Communications Cloud®

About

  • About PR Newswire
  • About Cision
  • Partnering Opportunities
  • Careers
  • Accessibility Statement
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United States
  • Vietnam

My Services

  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
  • Data Privacy

Do not sell or share my personal information:

  • Submit via Privacy@cision.com 
  • Call Privacy toll-free: 877-297-8921

Contact PR Newswire

Products

About

My Services
  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
+44 (0)20 7454 5110
from 8 AM - 5:30 PM GMT
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 PR Newswire Europe Limited. All Rights Reserved. A Cision company.