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Global Industry Size:
The global paper market size was valued at USD 466.3 billion in 2020 and is expected to reach USD 621.4 billion by 2027, growing at a CAGR of 3.5% during the forecast period.
India Industry Size:
The Indian paper market size was valued at INR 60,000 crore (USD 8.5 billion) in 2020 and is expected to reach INR 1,20,000 crore (USD 17.1 billion) by 2027, growing at a CAGR of 8.5% during the forecast period.
Number of Players in India:
There are approximately 500-600 players in the Indian paper industry, with a mix of large-scale manufacturers, small and medium-sized enterprises, and regional players.
Growth Rate:
The Indian paper industry has been growing at a CAGR of 7-9% over the past few years, driven by increasing demand from the packaging, writing, and printing sectors.
Factors Causing the Industry to Thrive in India:
Future Potential:
Note: The data and figures mentioned above are approximate and sourced from various industry reports, research studies, and market analysis.
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