Growth trend of the decorative paper industry

The growth trend of the decorative paper industry is mainly reflected in the continuous growth of production, sales and market size. In 2023, the global demand for decorative base paper will exceed 2 million tons, of which China's demand will be 1.3 million tons, and the annual growth rate is expected to be 10% to 20%1. The production and sales of China's decorative base paper industry also maintain a growth trend. In 2023, the output reached 1.41 million tons, a year-on-year increase of 33%, and it is expected to increase by another 300,000 tons in 202423. In terms of market size, despite the impact of changes in the economic situation and environmental protection policies, the market size of China's decorative paper industry is still showing a growth trend, and the market size in 2023 is about 8.836 billion yuan.