Market Size of Paper Dyes Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | < 5.00 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Asia Pacific |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Paper Dyes Market Analysis
The market for paper dyes is expected to grow at a CAGR of approximately 5% globally during the forecast period.
- Major factors driving the market studied is the banning/limiting plastic use in packaging applications around the world.
- Major restraint is the harmful amines in dyes that when exposed over the years are found to have been carcinogenic agents. Also, different paperless green initiatives that have the main aim to preserve the environment and opting for digital media is also expected to hinder the market growth.