The global tracing paper market was valued at USD 498.6 million in 2023, growing at a CAGR of 2.9% from 2024 to 2033. It is expected to reach USD 663.5 million by 2033. The market is expected to rise due to the growing need for reusable tracing solutions in various applications, including printing and drawing. Construction drawings also need transparent sheets to produce precise and comprehensive designs. Construction workers may save time and money by tracing an image and identifying its edges.
Tracing paper is used in many industries, such as building, architectural design, digital printing, photography, laminating and embossing films, and more. It is differentiated from traditional paper by having a smoother texture and increased tear resistance. The main ingredient in tracing paper production is cellulose fibre, which enhances its recyclability and supports environmental objectives. In the upcoming years, the growing need for recyclable tracing paper will be a major factor propelling the market's expansion. Furthermore, vellum paper—frequently used in engineering and drawing within the construction and architectural sectors—is a preferred option due to the moisture-absorbing qualities of cellulose fibre. The increase in building and remodelling projects is expected to have a favourable effect on market expansion. Global demand for tracing solutions like carbonless paper is expected to increase due to growing construction and architecture sectors and rising demand for interior design. Furthermore, the market is expected to rise faster because of the growing interest in arts and crafts among millennials and younger generations.
Get an overview of this study by requesting a free sample
In July 2021, in response to the increasing demand, Domtar Corporation declared that it would restart its paper plant in Ashdown, Arkansas. This is anticipated to enable the business to increase its output.
In April 2021, Pixelle specialised Solutions announced the acquisition of two specialised paper companies. The business purchased the secure paper and carbonless roll business from Appvion Operations Inc. and Rollsource from Veritiv Corporation. It is anticipated that this will help the company expand its line of products.
Rapid expansion of the construction industry- Tracing paper is generally smoother than regular paper and has a greater ability to withstand tears. Transparency is provided, making drafting simple. Lamination and embossing films, digital printing and photography, building and architectural drawing, and other industries also use it. Additionally, cellulose fibre facilitates moisture absorption. VellumTracing paper is typically utilised for engineering and drawing applications in the building and architectural sectors. Globally, there will be a rise in building and remodelling projects, supporting the growth of the tracing paper market.
Availability of digital alternatives- The advent of digital tracing pads and software has given designers, architects, and artists a practical and effective replacement for conventional tracing paper. These digital solutions may threaten the market for traditional tracing paper since they provide capabilities like simple editing, storage, and sharing.
Product innovation and diversification- Manufacturers of tracing paper might investigate the potential for product diversification and innovation to meet the changing demands of various industries. For instance, offering tracing paper with increased transparency, compatibility with other media, and durability can draw in a larger market. This is expected to provide growth opportunities for the market during the forecast period.
The regions analyzed for the market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. Asia Pacific emerged as the largest global tracing paper market, with a 37.6% market revenue share in 2023.
The swift advancement of urbanisation and infrastructure development in many Asia Pacific countries is accompanied by a rise in architectural and design projects. As per a report in TOI, the real estate and architectural sector reached a significant valuation of roughly 1.72 billion dollars (about Rs 12,000 crore) in 2019, and it is expected to expand to approximately 65,000 crores by 2040. Forecasts suggest that India's real estate and architecture industries will rise dramatically by 2030, from $200 billion in 2021 to an astounding $1 trillion, or about 13 per cent of the nation's GDP. A crucial part of the meticulous process of creating drawings and plans for these large-scale projects is tracing paper. Furthermore, in the Asia-Pacific area, the Indian tracing paper market was expanding fastest, while China's market held the highest market share.
Asia Pacific Region Tracing Paper Market Share in 2023- 37.6%
www.thebrainyinsights.com
Check the geographical analysis of this market by requesting a free sample
The material segment is divided into recycled fiber, cotton fiber, and cellulose fiber. The cellulose fiber segment dominated the market, with a market share of around 42% in 2023. The environment produces less trash as cellulose fibres decompose naturally into other components. Composting these fibres can reduce waste while adding nutrients to the soil that support the growth of organic materials and plants. Furthermore, cellulose fibres help reduce the carbon footprint of distribution and transportation procedures because they are lighter than conventional materials.
The application segment is divided into drawing, embossing, printing, photographic & cinema lighting, lamination, and others. The photographic & cinema lighting segment dominated the market, with a market share of around 25% in 2023. Tracing paper is an essential tool for photographers and cinematographers, as it is widely used as a light modulator in the photography and film industries. Tracing paper is placed over light sources to achieve a diffused and softened light. This tool is essential for product photos, portrait photography, and many cinematic lighting setups.
Report Description:
Attribute | Description |
---|---|
Market Size | Revenue (USD Billion) |
Market size value in 2023 | USD 498.6 Million |
Market size value in 2033 | USD 663.5 Million |
CAGR (2024 to 2033) | 2.9% |
Historical data | 2020-2022 |
Base Year | 2023 |
Forecast | 2024-2033 |
Region | The regions analyzed for the market are Asia Pacific, Europe, South America, North America, and Middle East & Africa. Furthermore, the regions are further analyzed at the country level. |
Segments | Material, Application |
As per The Brainy Insights, the size of the tracing paper market was valued at USD 498.6 million in 2023 to USD 663.5 million by 2033.
The global tracing paper market is growing at a CAGR of 2.9% during the forecast period 2024-2033.
Asia Pacific emerged as the largest tracing paper market.
This study forecasts global, regional, and country revenue from 2020 to 2033. The Brainy Insights has segmented the global tracing paper market based on the below-mentioned segments:
Global Tracing Paper Market By Material:
Global Tracing Paper Market By Application:
Global Tracing Paper Market By Region:
Research has its special purpose to undertake marketing efficiently. In this competitive scenario, businesses need information across all industry verticals; the information about customer wants, market demand, competition, industry trends, distribution channels etc. This information needs to be updated regularly because businesses operate in a dynamic environment. Our organization, The Brainy Insights incorporates scientific and systematic research procedures in order to get proper market insights and industry analysis for overall business success. The analysis consists of studying the market from a miniscule level wherein we implement statistical tools which helps us in examining the data with accuracy and precision.
Our research reports feature both; quantitative and qualitative aspects for any market. Qualitative information for any market research process are fundamental because they reveal the customer needs and wants, usage and consumption for any product/service related to a specific industry. This in turn aids the marketers/investors in knowing certain perceptions of the customers. Qualitative research can enlighten about the different product concepts and designs along with unique service offering that in turn, helps define marketing problems and generate opportunities. On the other hand, quantitative research engages with the data collection process through interviews, e-mail interactions, surveys and pilot studies. Quantitative aspects for the market research are useful to validate the hypotheses generated during qualitative research method, explore empirical patterns in the data with the help of statistical tools, and finally make the market estimations.
The Brainy Insights offers comprehensive research and analysis, based on a wide assortment of factual insights gained through interviews with CXOs and global experts and secondary data from reliable sources. Our analysts and industry specialist assume vital roles in building up statistical tools and analysis models, which are used to analyse the data and arrive at accurate insights with exceedingly informative research discoveries. The data provided by our organization have proven precious to a diverse range of companies, facilitating them to address issues such as determining which products/services are the most appealing, whether or not customers use the product in the manner anticipated, the purchasing intentions of the market and many others.
Our research methodology encompasses an idyllic combination of primary and secondary initiatives. Key phases involved in this process are listed below:
The phase involves the gathering and collecting of market data and its related information with the help of different sources & research procedures.
The data procurement stage involves in data gathering and collecting through various data sources.
This stage involves in extensive research. These data sources includes:
Purchased Database: Purchased databases play a crucial role in estimating the market sizes irrespective of the domain. Our purchased database includes:
Primary Research: The Brainy Insights interacts with leading companies and experts of the concerned domain to develop the analyst team’s market understanding and expertise. It improves and substantiates every single data presented in the market reports. Primary research mainly involves in telephonic interviews, E-mail interactions and face-to-face interviews with the raw material providers, manufacturers/producers, distributors, & independent consultants. The interviews that we conduct provides valuable data on market size and industry growth trends prevailing in the market. Our organization also conducts surveys with the various industry experts in order to gain overall insights of the industry/market. For instance, in healthcare industry we conduct surveys with the pharmacists, doctors, surgeons and nurses in order to gain insights and key information of a medical product/device/equipment which the customers are going to usage. Surveys are conducted in the form of questionnaire designed by our own analyst team. Surveys plays an important role in primary research because surveys helps us to identify the key target audiences of the market. Additionally, surveys helps to identify the key target audience engaged with the market. Our survey team conducts the survey by targeting the key audience, thus gaining insights from them. Based on the perspectives of the customers, this information is utilized to formulate market strategies. Moreover, market surveys helps us to understand the current competitive situation of the industry. To be precise, our survey process typically involve with the 360 analysis of the market. This analytical process begins by identifying the prospective customers for a product or service related to the market/industry to obtain data on how a product/service could fit into customers’ lives.
Secondary Research: The secondary data sources includes information published by the on-profit organizations such as World bank, WHO, company fillings, investor presentations, annual reports, national government documents, statistical databases, blogs, articles, white papers and others. From the annual report, we analyse a company’s revenue to understand the key segment and market share of that organization in a particular region. We analyse the company websites and adopt the product mapping technique which is important for deriving the segment revenue. In the product mapping method, we select and categorize the products offered by the companies catering to domain specific market, deduce the product revenue for each of the companies so as to get overall estimation of the market size. We also source data and analyses trends based on information received from supply side and demand side intermediaries in the value chain. The supply side denotes the data gathered from supplier, distributor, wholesaler and the demand side illustrates the data gathered from the end customers for respective market domain.
The supply side for a domain specific market is analysed by:
The demand side for the market is estimated through:
In-house Library: Apart from these third-party sources, we have our in-house library of qualitative and quantitative information. Our in-house database includes market data for various industry and domains. These data are updated on regular basis as per the changing market scenario. Our library includes, historic databases, internal audit reports and archives.
Sometimes there are instances where there is no metadata or raw data available for any domain specific market. For those cases, we use our expertise to forecast and estimate the market size in order to generate comprehensive data sets. Our analyst team adopt a robust research technique in order to produce the estimates:
Data Synthesis: This stage involves the analysis & mapping of all the information obtained from the previous step. It also involves in scrutinizing the data for any discrepancy observed while data gathering related to the market. The data is collected with consideration to the heterogeneity of sources. Robust scientific techniques are in place for synthesizing disparate data sets and provide the essential contextual information that can orient market strategies. The Brainy Insights has extensive experience in data synthesis where the data passes through various stages:
Market Deduction & Formulation: The final stage comprises of assigning data points at appropriate market spaces so as to deduce feasible conclusions. Analyst perspective & subject matter expert based holistic form of market sizing coupled with industry analysis also plays a crucial role in this stage.
This stage involves in finalization of the market size and numbers that we have collected from data integration step. With data interpolation, it is made sure that there is no gap in the market data. Successful trend analysis is done by our analysts using extrapolation techniques, which provide the best possible forecasts for the market.
Data Validation & Market Feedback: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helps us finalize data-points to be used for final calculations.
The Brainy Insights interacts with leading companies and experts of the concerned domain to develop the analyst team’s market understanding and expertise. It improves and substantiates every single data presented in the market reports. The data validation interview and discussion panels are typically composed of the most experienced industry members. The participants include, however, are not limited to:
Moreover, we always validate our data and findings through primary respondents from all the major regions we are working on.
Free Customization
Fortune 500 Clients
Free Yearly Update On Purchase Of Multi/Corporate License
Companies Served Till Date