Paper Pigments Global Market Report 2024

The global paper pigments market has grown strongly in recent years. It will grow from $16.6 billion in 2023 to $17.59 billion in 2024 at a compound annual growth rate (CAGR) of 6.0%. During the historical period, the growth in the paper and packaging industry was driven by several factors. There was an upsurge in the demand for specialty papers, buoyed by increased disposable income and rising consumer demand for various goods. Globalization and heightened trade in paper products also contributed to this growth. Additionally, there was a notable shift in preferences toward eco-friendly pigments and materials, supported by government regulations focusing on sustainable packaging solutions.

The global paper pigments market is expected to see strong growth in the next few years. It will grow to $22.03 billion in 2028 at a compound annual growth rate (CAGR) of 5.8%. In the upcoming forecast period, the anticipated growth in the industry can be credited to various factors. Notably, there's a shift in consumer preferences towards high-quality printing and packaging, with a notable adoption of recycled materials and biodegradable packaging options. Stringent regulations on chemicals used in production are also influencing market dynamics, pushing for more sustainable solutions. Additionally, the customization of packaging designs to meet specific needs and the influence of population growth and urbanization are projected to contribute to this growth. Foreseen trends encompass an increased reliance on digital printing and specialty papers, advancements in pigment technology, a shift towards water-based pigment dispersions, wider utilization of both synthetic and organic pigments, especially in high-performance packaging, and their integration into sustainable packaging solutions.

The escalating paper demand in emerging markets fuels the paper pigments sector. Emerging economies, like India and Brazil, are transitioning toward developed statuses, exhibiting substantial growth in paper consumption. As per the Indian Paper Manufacture Association (IPMA), India anticipates an annual paper consumption growth of 6% to 7%, projected to reach 30 million tons by the fiscal year 2026-27. This surge in paper demand directly amplifies the need for paper pigments, essential in paper manufacturing for coating and various applications, fostering the growth of the paper pigment market.

The burgeoning realm of e-commerce is anticipated to be a significant driver for the paper pigments market. The flourishing e-commerce landscape heavily relies on packaging materials, including paper pigments, for a multitude of packaging applications such as corrugated boxes and cartons. Recent data from the United States Census Bureau reveals a notable increase in e-commerce sales by 7.5% in the second quarter of 2023 compared to the preceding year. Online sales constituted 15.4% of total sales, underlining the pivotal role of rising e-commerce in propelling the demand for paper pigments.

Product innovation stands as a pivotal trend in the paper pigment sector, with key market players unveiling innovative and sustainable pigment solutions. Notably, Sun Chemical introduced the Xennia Pearl pigment inks in October 2021. These inks are designed for sustainability, reducing water usage and chemical waste while delivering exceptional print performance, high color fastness, multi-substrate compatibility, and consistent color output, aligning with market demands.

Leading entities in the paper pigments market prioritize innovation to offer reliable solutions. For instance, Mimaki Engineering Co., Ltd., launched the Textile Pigment Transfer Printing System in June 2023. This system ensures textile printing with minimal water usage and a straightforward printing process, delivering vibrant digital prints on various materials like natural fibers. The Textile Pigment Transfer Printing System utilizes Texcol transfer paper and is compatible with diverse fabrics such as cotton, polyester, and silk, catering to versatile printing needs.

In January 2022, the Heubach Group, a renowned pigment manufacturer headquartered in Germany, successfully acquired Clariant's global colorants business for an undisclosed sum. This strategic acquisition positions Heubach to leverage enhanced technology, talent, and assets, enabling the provision of elevated manufacturing standards, superior quality, and top-notch service to its clientele. Clariant, a Swiss-based specialty ingredients company, was recognized for its pigment manufacturing endeavors before this acquisition.

Major companies operating in the paper pigments market report are IMERYS S.A., JM Huber Corporation, BASF SE, Kemira Oyj, The Chemours Company, Ashapura Minechem Ltd., Solenis International LLC, Lanxess AG, Heubach GmbH, Tronox Limited, Clariant International AG, Ferro Corporation, KRONOS Worldwide Inc., Sun Chemical Corporation, The Aditya Birla Group, Cabot Corporation, En-Tech Polymer Co. Ltd., GAB Neumann GmbH, Hansol Chemicals, Kokuyo Camlin Ltd., KaMin LLC., Minerals Technologies Inc., Omya AG, Sudarshan Chemical Industries Ltd., Thiele Kaolin Company, Altana AG, DIC Corporation, Merck KGaA, Pidilite Industries Limited, Organic Dyes and Pigments LLC, Purpurlab GmbH

Asia-Pacific was the largest region in the paper pigments market in 2023 and is expected to be the fastest-growing region in the forecast period. The regions covered in the paper pigments market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the paper pigments market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Diverse paper pigments exist, including calcium carbonate, kaolin, titanium dioxide, clay, and others. For instance, calcium carbonate, widely used in alkaline papermaking, acts as a filler in alkaline papers or a coating pigment in paper pulp. These pigments find application in diverse sectors such as print media, stationery, packaging, personal care, and other industry verticals, contributing to both coated and uncoated paper production.

This report provides paper pigments market statistics, including paper pigments industry global market size, regional shares, competitors with a paper pigments market share, detailed paper pigments market segments, market trends and opportunities, and any further data you may need to thrive in the paper pigments industry. This paper pigments market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The paper pigments market consists of sales of inorganic pigments and organic pigments. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


This product will be delivered within 3-5 business days.