Bookbinding Material Market Overview
As per MRFR analysis, the Bookbinding Material Market Size was estimated at 14.17 (USD Billion) in 2022. The Bookbinding Material Market is expected to grow from 14.5(USD Billion) in 2023 to 17.92 (USD Billion) by 2032. The Bookbinding Material Market CAGR (growth rate) is expected to be around 2.38% during the forecast period (2024 - 2032).
Key Bookbinding Material Market Trends Highlighted
The increasing demand for durable and aesthetically pleasing bookbinding materials is shaping the market. The growth in self-publishing and the revival of classic bookbinding techniques are driving the need for premium materials.
Key market drivers include the rising popularity of high-end books, increased customization options, and the expansion of the e-commerce sector.
Opportunities for exploration exist in the development of environmentally friendly materials, personalized bookbinding solutions, and the integration of digital printing technologies.
Recent trends showcase the shift towards sustainable materials, such as recycled paper and plant-based adhesives.
The use of innovative binding techniques, like perfect binding and PUR glue, is gaining traction. Additionally, the emergence of digital printing allows for the seamless integration of images and text into bookbinding, offering unique design possibilities.
Figure1: Bookbinding Material Market, 2018 - 2032 (USD Billion)
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Bookbinding Material Market Drivers
Rising Demand for Educational Books
The increasing literacy rate and the growing demand for education are major drivers of the bookbinding material market. As more people gain access to education, the demand for educational books, such as textbooks, workbooks, and reference books, increases.
This, in turn, drives the demand for bookbinding materials, such as paper, board, and adhesives, which are used to bind and protect these books.
The rising demand for educational books is expected to continue in the coming years as developing countries continue to invest in education and literacy programs.
In addition to the growing demand for educational books, the bookbinding material market is also benefiting from the increasing popularity of self-publishing. Self-publishing allows authors to bypass traditional publishers and publish their books directly to the public.
This has led to a surge in the number of books being published, which has, in turn, increased the demand for bookbinding materials.
The rising demand for educational books and the increasing popularity of self-publishing are two of the most important market drivers in the Bookbinding Material Market. These factors are expected to continue to drive the growth of the market in the coming years.
Technological Advancements in Bookbinding
The bookbinding industry is constantly evolving, with new technologies being developed to improve the efficiency and quality of bookbinding. These technological advancements are also driving the growth of the bookbinding material market.
One of the most significant technological advancements in bookbinding is the development of digital printing. Digital printing allows for high-quality, on-demand printing of books, which has reduced the need for large print runs.
This has, in turn, reduced the demand for traditional bookbinding materials, such as paper and board. However, digital printing has also created new opportunities for the bookbinding material market, as new materials are being developed to meet the specific needs of digital printing.
Another important technological advancement in bookbinding is the development of automated bookbinding machines. These machines can perform a variety of bookbinding tasks, such as folding, gathering, and sewing, with increased speed and accuracy.
This has reduced the labor costs associated with bookbinding, making it more cost-effective to produce books. Technological advancements in bookbinding are expected to continue in the coming years, which will further drive the growth of the bookbinding material market.
Growing Demand for Sustainable Bookbinding Materials
It is necessary to note that the increased concern for the environment around the globe stimulates the demand for sustainable bookbinding materials. Today, a growing number of consumers prefer to use bookbinding materials that are environmentally friendly and recyclable.
Meeting this demand, manufacturing of new sustainable bookbinding materials like recycled paper, vegetable-based inks, and biodegradable adhesives is growing.
The increased demand for the sustainable bookbinding materials is maintained because of the growth of the use of green building and sustainable design in the world; increased awareness of the bookbinding materials’ harmful effect to the environment; the growing demand for the environmentally-friendly products by consumers.
To sum it up, the demand for sustainable bookbinding materials is driven by some economic and social factors and is likely to remain high in the future years as the number of conscious people in the world will increase, and the green building will develop.
Bookbinding Material Market Segment Insights
Bookbinding Material Market Material Type Insights
The Material Type segment of the Bookbinding Material Market is expected to grow significantly over the forecast period. In 2023, the Adhesive sub-segment held the largest market share, accounting for around 58.1%.
The growth of this sub-segment can be attributed to the increasing demand for adhesives in bookbinding applications due to their strong bonding properties and ease of use.
The Cover Material sub-segment is expected to witness a CAGR of 3.5% during the forecast period, owing to the rising demand for durable and aesthetically appealing cover materials for books.
The Lining Material sub-segment is also projected to grow steadily, driven by the increasing use of lining materials to protect the inner pages of books from damage. The Thread sub-segment is expected to experience gradual growth, primarily due to its application in specialized bookbinding techniques.
Overall, the Material Type segment is expected to contribute significantly to the growth of the Bookbinding Material Market, driven by the increasing demand for high-quality and durable bookbinding materials.
Figure2: Bookbinding Material Market, By Material Type, 2023 & 2032 (USD billion)
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Bookbinding Material Market Bookbinding Technique Insights
The bookbinding material market is segmented based on bookbinding techniques, which include hard case binding, soft case binding, loose-leaf binding, ring binding, and perfect binding.
Among these, hard case binding held the largest market share in 2023 and is projected to continue its dominance throughout the forecast period.
The growth of this segment can be attributed to the increasing demand for high-quality and durable books, especially in the education and publishing sectors. Additionally, the rising popularity of hardcover books as collector's items and for special editions is driving the demand for hard case binding materials.
Soft case binding, on the other hand, is expected to witness a steady growth rate during the forecast period, owing to its cost-effectiveness and wide application in paperback books, manuals, and reports.
Bookbinding Material Market Application Insights
The Bookbinding Material Market revenue is expected to reach USD 17.92 billion by 2032, exhibiting a CAGR of 2.38% during the forecast period. The application segment plays a crucial role in driving the market growth.
Book Publishing is the largest application segment, accounting for a significant market share due to the increasing demand for books and other printed materials.
Magazine Publishing is another major segment, driven by the rising popularity of digital magazines and the need for high-quality binding solutions.
Brochure and Pamphlet Binding is also expected to witness significant growth, fueled by the increasing use of brochures and pamphlets for marketing and promotional purposes.
Art Bookbinding is a niche segment that caters to the preservation and restoration of valuable books and artwork.
Academic Binding is another important segment, supported by the growing number of educational institutions and the need for durable and attractive binding solutions for academic materials.
Bookbinding Material Market End-use Sector Insights
The end-use sector plays a crucial role in the Bookbinding Material Market segmentation. The major end-use sectors in the market include education, the publishing industry, commercial printing, packaging, and consumer goods.
The education sector is expected to hold a significant share of the market in 2023, owing to the increasing demand for textbooks, notebooks, and other educational materials. The growing student population and the rising literacy rates in developing countries are further driving the market growth in this sector.
The publishing industry is another major end-use sector, with a growing demand for bookbinding materials for hardcover books, magazines, and journals.
The commercial printing sector also contributes significantly to the market, with increasing demand for printed materials such as brochures, flyers, and posters.
The packaging sector utilizes bookbinding materials for product packaging, providing protection and enhancing the aesthetic appeal of products.
The consumer goods sector includes various applications of bookbinding materials, such as book covers for personal use, photo albums, and scrapbooks. The increasing demand for personalized and customized consumer goods is expected to drive the market growth in this sector.
Bookbinding Material Market Grade Insights
The Grade segment of the Bookbinding Material Market is segmented into Standard Grade, Premium Grade, and Archival Grade. In 2023, the Standard Grade segment held the largest market share, accounting for around 58.9% of the Bookbinding Material Market revenue.
The Premium Grade segment is projected to grow at a CAGR of 3.2% during the forecast period, owing to the increasing demand for high-quality bookbinding materials.
Archival-grade materials are expected to witness a steady growth rate due to their durability and resistance to aging and degradation.
The growing demand for durable and sustainable bookbinding materials is expected to drive the growth of the Grade segment in the coming years.
Bookbinding Material Market Regional Insights
The Bookbinding Material Market is segmented into North America, Europe, APAC, South America, and MEA.
Among these regions, North America is expected to hold the largest market share in 2023, owing to the presence of many book publishers and printing companies in the region.
Europe is also a significant market for bookbinding materials, followed by APAC. The APAC region is expected to grow at the highest CAGR during the forecast period due to the increasing demand for books in emerging countries such as India and China.
South America and MEA are relatively smaller markets for bookbinding materials, but they are expected to grow at a steady pace in the coming years.
Figure3: Bookbinding Material Market, By Regional, 2023 & 2032 (USD billion)
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Bookbinding Material Market Key Players and Competitive Insights
Major workers in the Bookbinding Material Market are making every effort to come out with new products. The leaders in this sphere are ready to spend more money to research and develop more sturdy, workable, and beautiful materials for bookbinding. Driving this sphere is the movement towards the higher-quality target.
The competitive scene for Bookbinding Material Market will remain fragmented, as many small to medium-sized companies compete with large companies. Schoeller Arca Systems is a leading company in this segment.
This company offers bookbinding cloth, paper, and thread. They have a good base of customers, which includes publishers, printers, and bookbinders.
G.B. Papers is also one of the major players in the market for bookbinding materials. Like Schoeller Arca Systems, they produce bookbinding cloth, paper, and thread and do as much as possible to produce high-quality material and sustainable customer service.
They are strong in Europe, but they are also looking to expand to other markets. G.B. Papers has a solid background in research and development.
Key Companies in the Bookbinding Material Market Include
Bookbinding Material Market Developments
The rising demand for books, notebooks, and other printed materials is driving market growth. Moreover, the growing popularity of digital printing technologies is fueling the need for specialized bookbinding materials that can withstand the rigors of digital printing processes.
Furthermore, increasing disposable income levels and rising literacy rates in emerging regions are contributing to the growing demand for bookbinding materials.
Key market players are focusing on developing innovative and sustainable bookbinding materials to meet the evolving needs of the industry.
Recent news developments include the launch of eco-friendly bookbinding materials made from recycled paper and plant-based materials, indicating a growing emphasis on sustainability in the market.
Bookbinding Material Market Segmentation Insights
Bookbinding Material Market Material Type Outlook
- Adhesive
- Cover Material
- Lining Material
- Thread
Bookbinding Material Market Bookbinding Technique Outlook
- Hard Case Binding
- Soft Case Binding
- Loose-leaf Binding
- Ring Binding
- Perfect Binding
Bookbinding Material Market Application Outlook
- Book Publishing
- Magazine Publishing
- Brochure and Pamphlet Binding
- Art Bookbinding
- Academic Binding
Bookbinding Material Market End-use Sector Outlook
- Education
- Publishing Industry
- Commercial Printing
- Packaging
- Consumer Goods
Bookbinding Material Market Grade Outlook
- Standard Grade
- Premium Grade
- Archival Grade
Bookbinding Material Market Regional Outlook
- North America
- Europe
- South America
- Asia Pacific
- Middle East and Africa
| Report Attribute/Metric |
Details |
| Market Size 2022 |
14.17(USD Billion) |
| Market Size 2023 |
14.5(USD Billion) |
| Market Size 2032 |
17.92(USD Billion) |
| Compound Annual Growth Rate (CAGR) |
2.38% (2024 - 2032) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year |
2023 |
| Market Forecast Period |
2024 - 2032 |
| Historical Data |
2019 - 2023 |
| Market Forecast Units |
USD Billion |
| Key Companies Profiled |
AkzoNobel N.V, BASF SE, Solenis LLC, H.B. Fuller Company, European Printing Ink Association, Toray Industries, Inc., DowDuPont, 3M, Ashland, Henkel AG Co. KGaA, OMYA International AG, Avery Dennison Corporation, UPMKymmene Corporation, Lamberti SpA, Evonik Industries AG |
| Segments Covered |
Material Type, Bookbinding Technique, Application, End-use Sector, Grade, Regional |
| Key Market Opportunities |
Ebook Growth Custom Covers Ecofriendly Materials Digital Printing Integration Premium Finishes |
| Key Market Dynamics |
Increased print-on-demand publishing, personalization, and digital printing, growing demand for sustainable and durable materials, expanding e-commerce and online bookstore advancements, in-printing and binding technologies, and rising demand for premium quality bookbinding |
| Countries Covered |
North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The Bookbinding Material Market was valued at approximately USD 14.5 billion in 2023.
The Bookbinding Material Market is expected to exhibit a CAGR of around 2.38% between 2024 and 2032.
The Asia Pacific region is projected to be the fastest-growing region in the Bookbinding Material Market, owing to the increasing demand for books and other printed materials in countries like India and China.
Bookbinding materials are primarily used in the production of books, notebooks, magazines, and other printed materials. They are also used in the packaging industry for products such as cosmetics and pharmaceuticals.
Some of the key players operating in the Bookbinding Material Market include Glatfelter, Ahlstrom Munksj, Hollinger Spezialpapiere GmbH, Mitsubishi Hi-Tech Paper Corporation, and Lessebo Paper AB.
The growth of the Bookbinding Material Market is primarily driven by the increasing demand for books and printed materials, particularly in developing countries. The rising popularity of self-publishing and the growth of the e-commerce industry are also contributing to the market's growth.
The Bookbinding Material Market faces challenges such as the declining demand for printed materials in developed countries, the increasing cost of raw materials, and competition from digital publishing platforms.
Some of the key trends in the Bookbinding Material Market include the growing adoption of sustainable and eco-friendly materials, the increasing use of digital printing technologies, and the emergence of new applications in the packaging industry.
The Bookbinding Material Market is projected to reach a valuation of approximately USD 17.92 billion by 2032.
Growth opportunities in the Bookbinding Material Market include the expansion of the e-commerce industry, the growing demand for customized and personalized products, and the increasing use of bookbinding materials in the packaging industry.
