LONDON--(BUSINESS WIRE)--The paper manufacturing market in Turkey is expected to post a CAGR of more than 2% during the period 2019-2023, according to the latest market research report by Technavio.
The ease of handling, durability, and biodegradability of paper-based packaging is increasing the demand from various packaging applications, such as F&B, cosmetics, and consumer goods. With a high degree of aesthetic appeal, paper-based packaged products help in increasing product differentiation and influence brand awareness in customers. Thus, the demand for these products is increasing, which will impact the growth of the paper manufacturing market in Turkey.
As per Technavio, the adoption of digital manufacturing for paper production will have a positive impact on the market and contribute to its growth significantly over the forecast period. This paper manufacturing market in Turkey 2019-2023 research report also analyzes other important trends and market drivers that will affect market growth over 2019-2023.
Paper Manufacturing Market in Turkey: Adoption of Digital Manufacturing for Paper Production
The paper manufacturing market has witnessed the emergence of several technologies, such as remote mill automation and forestry monitoring drones. The introduction of digital manufacturing technologies helps in the reduction of manufacturing cost and improves the overall value chain of the paper production process. These technologies also help to capture and analyze data from various machines and products in the paper manufacturing process. This will have a positive impact on the growth of the paper production market.
“Apart from the adoption of digital manufacturing for paper production, other factors such as the growing preference for a circular economy, and the rise in demand for lightweight materials will have a significant impact on the paper manufacturing market growth in Turkey during the forecast period,” says a senior analyst at Technavio.
Paper manufacturing market in Turkey: Segmentation Analysis
This market research report segments the paper manufacturing market in Turkey by product (paperboard, tissue paper, printing and writing papers, and others).
The paperboard product segment accounted for the highest share of the paper manufacturing market in Turkey in 2018. Although this segment will continue to account for the largest share, the paper manufacturing market research report anticipates the tissue paper segment to register the highest incremental growth during the forecast period.
Looking for more information on this market? Request a free sample report
Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more.
Some of the key topics covered in the report include:
Market Landscape
- Market ecosystem
- Market characteristics
- Market segmentation analysis
Market Sizing
- Market definition
- Market size and forecast
Five Forces Analysis
Market Segmentation
Geographical Segmentation
- Regional comparison
- Key leading countries
Market Drivers
Market Challenges
Market Trends
Vendor Landscape
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
If you are interested in more information, please contact our media team at media@technavio.com.
