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(Weymouth, MA) February 9, 2004…According to new projections by CAP Ventures, the paper market will continue to grow. This market is expected to increase from 7,699 million tons in 2002 to 8,503 million tons in 2007, representing a compound annual growth rate (CAGR) of 2%. Nevertheless, not all segments of the paper industry will experience growth over the forecast period. Fax paper, typewriter paper, and copier paper will register slight declines. The proliferation of e-mail is largely responsible for the decline of single-function fax machines. PCs and attached printers have attributed to the decline of typewriter paper, which is expected to decline rapidly at a CAGR of -50% over the forecast period. With the migration from copying to printing and improved electronic workflows, copier paper will also experience a decline. Growth is expected to occur in the laser, inkjet, and direct-to-press paper segments. In terms of pages, these segments are expected to show respective CAGRs of 3.4%, 5%, and 19.1%. The versatility of inkjet printing has increased, creating new opportunities for inkjet imaging on delicate fabrics, heavy fabrics, photographs, art papers, magnetized sheets, films, and leather, as well as plain papers. “One of the more explosive markets is the full color laser printer paper segment, which is projected to see a 43% growth rate over the forecast period,” commented Merilyn Dunn, a Director at CAP Ventures. “This explosive growth rate is driven by reduced prices for laser printers, and the increased speed and functionality of color laser printing.” CAP Ventures' paper forecasts are segmented into thirteen parts, each providing an executive summary, methodology, detailed charts, trends and analysis on specific segments. In an industry that continues to experience consolidation, the need for in-depth market knowledge and the ability to identify growth segments is a key requirement. The thirteen-part series includes the following reports:
Clients of CAP Ventures’ North American Communications Supplies Consulting Service can access this forecast series immediately. If you are not a client and would like more information on these forecasts or to make a purchase, please contact Scott Phinney at , ext. 123 or via e-mail at . CAP Ventures is a strategic consulting firm for providers and users of business and visual communication technologies and services. We deliver key research, analysis, forecasting, benchmarking, and strategy recommendations to make a competitive difference in our clients’ businesses. Additional information about CAP Ventures is available on the Web at www.infotrendsresearch.com. |