Tracing Paper Market Expected to Reach USD 0.65 Billion by 2032 | Growing at a CAGR of 2.80%

Market Research Future (MRFR) has published a cooked research report on the “Tracing Paper Market” that contains information from 2018 to 2032. The Tracing Paper Market is estimated to register a CAGR of 2.80% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the global Tracing Paper Market— Koehler Paper Group, Domtar Corporation, Mitsubishi HiTec Paper Europe GmbH, Asia Pulp & Paper Ltd., Pixelle Specialty Solutions, Nippon Paper Industries Co. Ltd., Oji Papéis Especiais LTDA, Papeles y Conversiones de México, Reflex GmbH & Co. KG, Nekoosa Coated Products LLC.

Market Highlights

The global Tracing Paper Market is accounted to register a CAGR of 2.80% during the forecast period and is estimated to reach USD 0.65 billion by 2032.

The rising need for traceable solutions that are recyclable across various applications like drawing, printing, and others is expected to drive sales.

Segment Analysis

The global Tracing Paper Market has been segmented based on Thickness, Material, and Application.

Based on the Thickness, the market is segmented into Up to 60 GSM, 61 to 80 GSM, 81 to 100 GSM, and above 100 GSM. The 61 to 80 GSM segment was attributed to holding the largest market share in 2022.  Tracing paper falling within the 61 to 80 GSM range offers versatility, making it suitable for diverse applications. It achieves a balance by being lightweight for easy handling yet sufficiently heavy to ensure opacity and durability.

Based on the Material, the Tracing Paper Market has been segmented into Cellulose Fiber, Cotton Fiber, and Recycled Fiber. The Cellulose Fiber segment was expected to hold the largest market share in 2022. Being derived from plants, cellulose serves as an environmentally friendly material that is both compostable and recyclable. It presents a sustainable alternative to conventional packaging materials derived from petroleum. These fibers originate from renewable sources like wood, pulp, bamboo, or hemp. The utilization of cellulose fibers aids in diminishing dependence on finite resources.

Based on the Application, the Tracing Paper Market has been segmented into Printing, Drawing, Photographic & Cinema Lighting, Embossing, Lamination, and Others (Greeting Cards, Envelopes, etc.). The Photographic & Cinema Lighting segment was expected to hold the largest market share in 2022. Tracing paper holds significant value in the Photographic & Cinema Lighting segment due to its effective diffusion properties. It is a preferred choice for softening and evenly distributing light, thereby mitigating harsh shadows and creating a visually appealing illumination. The deliberate control of diffusion that tracing paper provides is instrumental in achieving the desired lighting effects crucial for professional photography and cinematography.

Regional Analysis

The global Tracing Paper Market, based on region, has been divided into North America, Europe, Asia-Pacific, and Rest of the World. North America consists of the US and Canada. The Europe Tracing Paper Market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Tracing Paper Market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Tracing Paper Market comprises of Middle East, Africa, and Latin America.

The largest market share for the Tracing Paper Market was maintained by the North American regional sector. The need for tracing paper is anticipated to rise across diverse sectors including architecture, engineering, graphic design, and art. As indicated by marketing, 67% of small businesses predict a substantial increase in the significance of graphic design for business success over the next five years. In 2019, the graphic design industry in the United States generated a total revenue of $15 billion. The industry experienced an annual growth rate of 3.5% between 2014 and 2019. Tracing paper remains a fundamental tool in these fields, playing a crucial role in the creation of accurate drawings, sketches, and designs.

Moreover, the Europe market has been persistently growing over the forecast period. As per Euro Construct, the construction sector in Europe rebounded in 2021 following a downturn in 2020 attributed to adverse socio-economic conditions. Germany's construction output nearly matched the 2019 level, registering a modest increase of +0.1%. The segment encompassing building and construction, civil engineering, and renovation activities within the European construction industry is anticipated to experience rapid growth, thereby positively impacting sales in Germany. As construction projects progress, the demand for technical drawings, blueprints, and schematic designs rises. Tracing paper's role in creating detailed and accurate representations becomes crucial, driving its usage in the construction planning phase.

The heightened emphasis on education in the Asia Pacific region has resulted in a notable increase in the establishment of educational institutions. According to Invest India, the count of colleges in India reached 49,385 in FY24 (as of September 13, 2023), up from 43,796 in FY21 and 42,343 in FY20. Furthermore, the number of universities in India increased to 1,196 in FY24 (as of September 13, 2023), compared to 760 in FY15. The enrollment figures in higher education in India indicate substantial growth, with 41.38 million students in 2020-21, compared to 38.5 million in 2019-20. The Gross Enrolment Ratio (GER) in Indian higher education for FY21 was 27.3%. Additionally, the education sector attracted a Foreign Direct Investment (FDI) equity inflow of US$ 9.2 billion from April 2000 to March 2023. Edtech startups in India secured a total investment of US$ 3.94 billion across 155 deals in FY22. Given the significant role of tracing paper in academic settings for teaching and learning, its demand remains robust amid these educational developments.

Furthermore, the rest of the world's Tracing Paper Market is divided into the Middle East, Africa, and Latin America. The surge in e-commerce activities is expected to contribute significantly to the overall adoption of Tracing Paper in the region. A survey by logistics firm UPS revealed that, although two-thirds of customers in the Middle East now anticipate access to digital services when shopping or conducting business, 67% of the region's SMEs currently do not offer any online sales. The proliferation of online apps in the Middle East and Africa region is anticipated to further drive the adoption of Tracing Paper.

Key Findings of the Study

• The global Tracing Paper Market is expected to reach USD 0.65 billion by 2032, at a CAGR of 2.80% during the forecast period.


• The Asia-Pacific region accounted for the fastest-growing global market due to the expansion of online retail and e-commerce platforms in the Asia-Pacific region facilitating enhanced accessibility for consumers to tracing paper products, promoting market growth by broadening distribution channels.


• Based on Thickness, the 61 to 80 GSM segment was attributed to holding the largest market in 2022, with an approximate market share of 55–60%.


• Koehler Paper Group, Domtar Corporation, Mitsubishi HiTec Paper Europe GmbH, Asia Pulp & Paper Ltd., Pixelle Specialty Solutions, Nippon Paper Industries Co. Ltd., Oji Papéis Especiais LTDA, Papeles y Conversiones de México, Reflex GmbH & Co. KG, Nekoosa Coated Products LLC