Market Size of Recording Chart Paper Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| CAGR | 4.30 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Recording Chart Paper Market Analysis
The recording chart paper market studied was projected to register a CAGR of nearly 4.3% over the forecast period. The major factor attributing to the growth of the market is the increase in the prevalence of cardiovascular diseases. According to World Health Organisation, Cardiovascular diseases are the number one cause of death globally, taking an estimated 17.9 million lives each year. Four out of five CVD deaths are due to heart attacks and strokes, and one-third of these deaths occur prematurely in people under 70 years of age. Furthermore, recording chart paper is used in fetal monitoring. Thus, as the number of births increase, the market grows further.The increase in geriatric population is also a major factor driving the market growth. However the increasing fondness for digital monitoring devices is a major drawback of the market growth.
