Commercial Paper Market Synopsis

The global commercial paper market size was valued at USD 1.98 trillion in 2022 and is expected to reach USD 3.25 trillion by 2030, growing at a CAGR of 6.5% from 2023 to 2030.

Commercial paper is a type of unsecured promissory note that trades on the world financial market with a specified maturity of no more than 270 days. To raise money to cover short-term debt commitments, large corporations issue commercial paper, a money-market product that is only guaranteed by the issuing bank's or company's promise to pay the face amount on the designated maturity date. Commercial paper can only be sold at a competitive price to businesses with high credit ratings from a respected credit rating organization because it is not collateralized.

• Commercial paper offers various benefits, including low cost, high yields, flexibility, low risk, tax benefits, and liquidity. It provides ease of access and is widely accepted by financial institutions, with regulatory oversight ensuring investor protection. Types of commercial paper include drafts, promissory notes, receivable-backed, asset-backed, and Euro commercial paper.
• Additionally, there are certificates of deposit, letters of credit, structured notes, and registered notes. Investors should carefully consider factors such as credit ratings, maturity, liquidity, and regulations to make informed decisions and diversify their portfolios while reducing volatility risks.
• The commercial paper market is expected to experience significant growth shortly due to several factors. Commercial paper is usually issued at a discount to face value and offers lower interest repayment rates compared to bonds, mainly because of its shorter maturities. This attractive feature, combined with the ease of accessing funds and cost-saving benefits for businesses, is likely to drive increased demand and redemption on fixed maturity dates, contributing to the market's expansion.

The Commercial Paper Market Trend Analysis

Trade of Commercial Paper by Digitization and Increased Commercial Paper Investment

• Digitization and increased investment in commercial paper have emerged as significant growth drivers in the Global Commercial Paper Market. The adoption of digital technology has transformed the traditional commercial paper market, streamlining processes and improving accessibility for investors and issuers alike.
• The shift towards digital platforms and electronic trading has facilitated faster and more efficient commercial paper issuance, trading, and settlement. Investors can now access a broader pool of commercial paper offerings through online platforms, enabling them to make informed investment decisions with real-time pricing and increased transparency.
• Moreover, digitalization has simplified administrative tasks, reducing paperwork and operational costs for businesses issuing commercial paper. This has made commercial paper more attractive to companies seeking cost-effective short-term financing solutions.
• Increased investment in commercial paper is driven by several factors. In today's low-interest-rate environment, investors are searching for higher-yielding alternatives to traditional fixed-income securities. Commercial paper, with its relatively attractive returns and shorter maturities, presents an appealing option for investors seeking short-term opportunities to diversify their portfolios and mitigate risk.
• Furthermore, regulatory changes and credit enhancements have bolstered the credit quality of commercial paper, instilling greater confidence in investors. As a result, more investors are turning to commercial paper as a safe and liquid short-term investment option.

The Rise of Fintech Companies

• Fintech companies are using technology to provide new financial services, such as lending and investment. This is creating new opportunities for the commercial paper market, as fintech companies are looking to raise funds to finance their growth.
• Fintech companies can offer innovative short-term financing solutions that complement commercial paper offerings. These solutions could include invoice financing, supply chain finance, and other working capital solutions that cater to the specific needs of finance companies.
• Finance companies may encounter restrictions on their demand for commercial paper funds due to established standards set by dealers and institutional lenders. For example, when investing in long-term securities of finance companies, life insurance companies may impose conditions where the short-term debt cannot exceed a certain percentage of the total long-term debt, and the amount of commercial paper cannot exceed a certain percentage of the total short-term debt.
• Furthermore, commercial paper borrowers are typically required to maintain open bank lines that match the outstanding amounts of commercial paper at all times, with very few exceptions.
• The rise of fintech companies is driving innovation in the commercial paper market, offering new financing options and opportunities while also facing constraints from established standards and regulations.

Segmentation Analysis of the Commercial Paper Market

Commercial Paper market segments cover the Type and end-users. By Type, the Drafts segment is anticipated to dominate the Market over the Forecast period.

• The landscape of the commercial paper market is poised for a significant shift over the projected period, with a particular type of financial instrument expected to take center stage - the draft. A draft, characterized by its three-party nature involving the drawer, drawee, and payee, holds the potential to dominate this market for several reasons.
• Sight drafts and time drafts, the two main categories of drafts, offer versatile solutions to complex financial transactions. Sight drafts, facilitating immediate payment upon presentation, cater to scenarios where parties seek secure and synchronized exchanges, ensuring seamless transactions in contexts like international trade. Conversely, time drafts accommodate scenarios necessitating deferred payments, accommodating situations where cash flow considerations diverge between transacting parties.
• Moreover, the global nature of drafts, often termed bills of exchange in international trade, extends their dominance. Their negotiability, often facilitated by endorsement, fosters ease of transfer, a critical feature in trade and commerce. The advent of banker's acceptances, a form of draft, furthers their influence. Such instruments enhance credit facilities, enabling exporters to extend credit to importers underwritten by banks, thus bolstering trust and trade relationships across borders.
• As international trade continues to expand, and intricate financial arrangements emerge, drafts' adaptability and reliability position them as a cornerstone of the commercial paper market. With their ability to streamline transactions, mitigate risk, and facilitate cross-border commerce, drafts are anticipated to wield considerable influence over the forecast period, shaping the dynamics of the commercial paper landscape.

Regional Analysis of The Commercial Paper Market

North America is expected to dominate the Market over the Forecast Period.

• North America dominates the market in the year 2022 the United States is one of the largest economies in North America, it is a highly developed financial market as well as a corporate sector. This creates a favorable environment for the issuance and trading of commercial paper.
• Also, the well-established regulatory framework for commercial paper promotes transparency, investor protection, and market stability. This factor significantly helps the Commercial Paper Market growth in North American Region. North America holds a significant position in the global financial market, specifically in terms of institutional investors and the commercial paper market. These institutional investors participate in the commercial paper market.
• The fact that the U.S. dollar is the global reserve currency is why many investors worldwide are attracted to the stability and ease of trading that comes with using the U.S. dollar. This presence of international investors in the commercial paper market makes North America a significant place for businesses to raise money through debt. This creates opportunities for both domestic and international entities to access funding efficiently.

COVID-19 Impact Analysis On Commercial Paper Market

The COVID-19 pandemic prompted a significant shift in the commercial paper market. With businesses facing reduced demand, enterprises sought short-term funding through commercial papers. This infusion of liquidity positively impacted the market during the pandemic. However, the surge in 'dry money' heightened market risks. Fluctuations in volume led to investor uncertainty. In this evolving landscape, there's an anticipated increased demand for commercial papers to address short-term funding needs, as businesses adapt to the post-COVID economic environment.

Top Key Players Covered in the Commercial Paper Market

• Domtar (US)
• Sappi Limited (South Africa)
• Nippon Paper (Japan)
• Nine Dragon Paper Holdings (China)
• Svenska Cellulosa Aktiebolaget (Sweden)
• Packaging Corporation Of America (US)
• Jk Paper Ltd. (India)
• Seshasayee Paper & Boards Ltd. (India)
• Ds Smith (UK)
• Mondi (UK)
• Smurfit Kappa Group (Ireland)
• Oji Holdings (Japan)
• Tamilnadu Newsprint & Papers Ltd. (India)
• Stora Enso (Finland)
• International Paper Company (US)
• Georgia-Pacific Llc (US)
• Stora Enso Oyj (Finland)
• Ballarpur Industries Ltd. (Avantha) (India)
• Upm (Finland)
• Westrock (US)
• Kimberly-Clark (US)
• Andhra Paper Ltd. (India)
• Emami Paper Mills Ltd. (India)
• Kuantum Papers Ltd. (India)
• Satia Industries Ltd. (India), and Other Major Players.

Key Industry Developments in the Commercial Paper Market

• In February 2023, The Asian Infrastructure Investment Bank (AIIB) is launching its inaugural USD5-billion multicurrency Euro Commercial Paper (AIIB ECP) program in February 2023. The program expands AIIB’s short-term funding options and demonstrates the Bank’s agility in meeting investors’ demand for sustainable investment through high-quality debt capital market issuance programs.
• In March 2023, Bajaj Finance Ltd. acquired ICICI Home Finance Ltd. in a deal valued at $1.1 billion. This move strengthens Bajaj Finance's position in the housing finance market and expands its access to the commercial paper market for funding.
• In June 2023, Edelweiss Financial Services Ltd. merges with Shriram Capital Ltd. to create a diversified financial services conglomerate. The combined entity is expected to have increased access to the commercial paper market due to its improved credit rating and larger size.

Table of Content

1. INTRODUCTION
   1. RESEARCH OBJECTIVES
   2. RESEARCH METHODOLOGY
   3. RESEARCH PROCESS
   4. SCOPE AND COVERAGE
      1. Market Definition
      2. Key Questions Answered
   5. MARKET SEGMENTATION
2. EXECUTIVE SUMMARY
3. MARKET OVERVIEW
4. GROWTH OPPORTUNITIES BY SEGMENT
5. MARKET LANDSCAPE
   1. PORTER’S FIVE FORCES ANALYSIS
      1. Bargaining Power Of Supplier
      2. Threat Of New Entrants
      3. Threat Of Substitutes
      4. Competitive Rivalry
      5. Bargaining Power Among Buyers
   2. INDUSTRY VALUE CHAIN ANALYSIS
   3. MARKET DYNAMICS
      1. Drivers
      2. Restraints
      3. Opportunities
      4. Challenges
   4. MARKET TREND ANALYSIS
   5. REGULATORY LANDSCAPE
   6. PESTLE ANALYSIS
   7. PRICE TREND ANALYSIS
   8. PATENT ANALYSIS
   9. TECHNOLOGY EVALUATION
   10. ANALYSIS OF THE IMPACT OF COVID-19
       1. Impact On The Overall Market
       2. Impact On The Supply Chain
       3. Impact On The Key Manufacturers
       4. Impact On The Pricing
       5. Post COVID Situation
   11. MARKET IMPACT OF THE RUSSIA-UKRAINE WAR
       1. Geopolitical Market Disruptions
       2. Supply Chain Disruptions
       3. Instability in Emerging Markets
   12. ECOSYSTEM
6. COMMERCIAL PAPER MARKET BY TYPE  (2016-2030)
   1. COMMERCIAL PAPER MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. PROMISSORY NOTES
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2016 – 2030F)
      3. Historic And Forecasted Market Size in Volume (2016 – 2030F)
      4. Key Market Trends, Growth Factors, And Opportunities
      5. Geographic Segmentation Analysis
   4. DRAFTS
   5. CHECKS
   6. CERTIFICATES
7. COMMERCIAL PAPER MARKET BY END-USER (2016-2030)
   1. COMMERCIAL PAPER MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. RETAIL
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2016 – 2030F)
      3. Historic And Forecasted Market Size in Volume (2016 – 2030F)
      4. Key Market Trends, Growth Factors, And Opportunities
      5. Geographic Segmentation Analysis
   4. INSTITUTIONAL
   5. HIGH-NET-WORTH INDIVIDUAL (HNWI)
   6. CORPORATES
8. COMPANY PROFILES AND COMPETITIVE ANALYSIS
   1. COMPETITIVE LANDSCAPE
      1. Competitive Positioning
      2. Commercial Paper Market Share By Manufacturer (2022)
      3. Industry BCG Matrix
      4. Heat Map Analysis
      5. Mergers & Acquisitions
   2. DOMTAR (US)
      1. Company Overview
      2. Key Executives
      3. Company Snapshot
      4. Role of the Company in the Market
      5. Sustainability and Social Responsibility
      6. Operating Business Segments
      7. Product Portfolio
      8. Business Performance (Production Volume, Sales Volume, Sales Margin, Production Capacity, Capacity Utilization Rate)
      9. Key Strategic Moves And Recent Developments
      10. SWOT Analysis
   3.  SAPPI LIMITED (SOUTH AFRICA)
   4. NIPPON PAPER (JAPAN)
   5. NINE DRAGON PAPER HOLDINGS (CHINA)
   6. SVENSKA CELLULOSA AKTIEBOLAGET (SWEDEN)
   7. PACKAGING CORPORATION OF AMERICA (US)
   8. JK PAPER LTD. (INDIA)
   9. SESHASAYEE PAPER & BOARDS LTD. (INDIA)
   10. DS SMITH (UK)
   11. MONDI (UK)
   12. SMURFIT KAPPA GROUP (IRELAND)
   13. OJI HOLDINGS (JAPAN)
   14. TAMILNADU NEWSPRINT & PAPERS LTD. (INDIA)
   15. STORA ENSO (FINLAND)
   16. INTERNATIONAL PAPER COMPANY (US)
   17. GEORGIA-PACIFIC LLC (US)
   18. STORA ENSO OYJ (FINLAND)
   19. BALLARPUR INDUSTRIES LTD. (AVANTHA) (INDIA)
   20. UPM (FINLAND)
   21. WESTROCK (US)
   22. KIMBERLY-CLARK (US)
   23. ANDHRA PAPER LTD. (INDIA)
   24. EMAMI PAPER MILLS LTD. (INDIA)
   25. KUANTUM PAPERS LTD. (INDIA)
   26. SATIA INDUSTRIES LTD. (INDIA)
9. GLOBAL COMMERCIAL PAPER MARKET BY REGION
   1. OVERVIEW
   2. NORTH AMERICA
      1. Key Market Trends, Growth Factors, And Opportunities
      2. Impact Of Covid-19
      3. Key Manufacturers
      4. Historic And Forecasted Market Size By Segment1
      5. Historic And Forecasted Market Size By Segment2
      6. Historic And Forecasted Market Size By Segment3
      7. Historic And Forecasted Market Size By Segment4
      8. Historic And Forecasted Market Size By Segment5
      9. Historic And Forecasted Market Size By Segment6
      10. Historic And Forecasted Market Size By Country
          1. USA
          2. Canada
          3. Mexico
   3. EASTERN EUROPE
      1. Key Market Trends, Growth Factors, And Opportunities
      2. Impact Of Covid-19
      3. Key Manufacturers
      4. Historic And Forecasted Market Size By Segments
      5. Historic And Forecasted Market Size By Country
         1. Russia
         2. Bulgaria
         3. The Czech Republic
         4. Hungary
         5. Poland
         6. Romania
         7. Rest Of Eastern Europe
   4. WESTERN EUROPE
      1. Key Market Trends, Growth Factors, And Opportunities
      2. Impact Of Covid-19
      3. Key Manufacturers
      4. Historic And Forecasted Market Size By Segments
      5. Historic And Forecasted Market Size By Country
         1. Germany
         2. United Kingdom
         3. France
         4. The Netherlands
         5. Italy
         6. Spain
         7. Rest Of Western Europe
   5. ASIA PACIFIC
      1. Key Market Trends, Growth Factors, And Opportunities
      2. Impact Of Covid-19
      3. Key Manufacturers
      4. Historic And Forecasted Market Size By Segments
      5. Historic And Forecasted Market Size By Country
         1. China
         2. India
         3. Japan
         4. South Korea
         5. Malaysia
         6. Thailand
         7. Vietnam
         8. The Philippines
         9. Australia
         10. New-Zealand
         11. Rest Of APAC
   6. MIDDLE EAST & AFRICA
      1. Key Market Trends, Growth Factors, And Opportunities
      2. Impact Of Covid-19
      3. Key Manufacturers
      4. Historic And Forecasted Market Size By Segments
      5. Historic And Forecasted Market Size By Country
         1. Turkey
         2. Bahrain
         3. Kuwait
         4. Saudi Arabia
         5. Qatar
         6. UAE
         7. Israel
         8. South Africa
   7. SOUTH AMERICA
      1. Key Market Trends, Growth Factors, And Opportunities
      2. Impact Of Covid-19
      3. Key Manufacturers
      4. Historic And Forecasted Market Size By Segments
      5. Historic And Forecasted Market Size By Country
         1. Brazil
         2. Argentina
         3. Rest of South America
10. INVESTMENT ANALYSIS
11. ANALYST VIEWPOINT AND CONCLUSION
    1. Recommendations and Concluding Analysis

Potential Market Strategies

LIST OF TABLES

TABLE 001. EXECUTIVE SUMMARY
TABLE 002. COMMERCIAL PAPER MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. COMMERCIAL PAPER MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. COMMERCIAL PAPER MARKET COMPETITIVE RIVALRY
TABLE 005. COMMERCIAL PAPER MARKET THREAT OF NEW ENTRANTS
TABLE 006. COMMERCIAL PAPER MARKET THREAT OF SUBSTITUTES
TABLE 007. COMMERCIAL PAPER MARKET BY TYPE
TABLE 008. PROMISSORY NOTES MARKET OVERVIEW (2016-2030)
TABLE 009. DRAFTS MARKET OVERVIEW (2016-2030)
TABLE 010. CHECKS MARKET OVERVIEW (2016-2030)
TABLE 011. CERTIFICATES MARKET OVERVIEW (2016-2030)
TABLE 012. COMMERCIAL PAPER MARKET BY END-USER
TABLE 013. RETAIL MARKET OVERVIEW (2016-2030)
TABLE 014. INSTITUTIONAL MARKET OVERVIEW (2016-2030)
TABLE 015. HIGH-NET-WORTH INDIVIDUAL (HNWI) MARKET OVERVIEW (2016-2030)
TABLE 016. CORPORATES MARKET OVERVIEW (2016-2030)
TABLE 017. NORTH AMERICA COMMERCIAL PAPER MARKET, BY TYPE (2016-2030)
TABLE 018. NORTH AMERICA COMMERCIAL PAPER MARKET, BY END-USER (2016-2030)
TABLE 019. N COMMERCIAL PAPER MARKET, BY COUNTRY (2016-2030)
TABLE 020. EASTERN EUROPE COMMERCIAL PAPER MARKET, BY TYPE (2016-2030)
TABLE 021. EASTERN EUROPE COMMERCIAL PAPER MARKET, BY END-USER (2016-2030)
TABLE 022. COMMERCIAL PAPER MARKET, BY COUNTRY (2016-2030)
TABLE 023. WESTERN EUROPE COMMERCIAL PAPER MARKET, BY TYPE (2016-2030)
TABLE 024. WESTERN EUROPE COMMERCIAL PAPER MARKET, BY END-USER (2016-2030)
TABLE 025. COMMERCIAL PAPER MARKET, BY COUNTRY (2016-2030)
TABLE 026. ASIA PACIFIC COMMERCIAL PAPER MARKET, BY TYPE (2016-2030)
TABLE 027. ASIA PACIFIC COMMERCIAL PAPER MARKET, BY END-USER (2016-2030)
TABLE 028. COMMERCIAL PAPER MARKET, BY COUNTRY (2016-2030)
TABLE 029. MIDDLE EAST & AFRICA COMMERCIAL PAPER MARKET, BY TYPE (2016-2030)
TABLE 030. MIDDLE EAST & AFRICA COMMERCIAL PAPER MARKET, BY END-USER (2016-2030)
TABLE 031. COMMERCIAL PAPER MARKET, BY COUNTRY (2016-2030)
TABLE 032. SOUTH AMERICA COMMERCIAL PAPER MARKET, BY TYPE (2016-2030)
TABLE 033. SOUTH AMERICA COMMERCIAL PAPER MARKET, BY END-USER (2016-2030)
TABLE 034. COMMERCIAL PAPER MARKET, BY COUNTRY (2016-2030)
TABLE 035. DOMTAR (US): SNAPSHOT
TABLE 036. DOMTAR (US): BUSINESS PERFORMANCE
TABLE 037. DOMTAR (US): PRODUCT PORTFOLIO
TABLE 038. DOMTAR (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 038. SAPPI LIMITED (SOUTH AFRICA): SNAPSHOT
TABLE 039. SAPPI LIMITED (SOUTH AFRICA): BUSINESS PERFORMANCE
TABLE 040. SAPPI LIMITED (SOUTH AFRICA): PRODUCT PORTFOLIO
TABLE 041. SAPPI LIMITED (SOUTH AFRICA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 041. NIPPON PAPER (JAPAN): SNAPSHOT
TABLE 042. NIPPON PAPER (JAPAN): BUSINESS PERFORMANCE
TABLE 043. NIPPON PAPER (JAPAN): PRODUCT PORTFOLIO
TABLE 044. NIPPON PAPER (JAPAN): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 044. NINE DRAGON PAPER HOLDINGS (CHINA): SNAPSHOT
TABLE 045. NINE DRAGON PAPER HOLDINGS (CHINA): BUSINESS PERFORMANCE
TABLE 046. NINE DRAGON PAPER HOLDINGS (CHINA): PRODUCT PORTFOLIO
TABLE 047. NINE DRAGON PAPER HOLDINGS (CHINA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 047. SVENSKA CELLULOSA AKTIEBOLAGET (SWEDEN): SNAPSHOT
TABLE 048. SVENSKA CELLULOSA AKTIEBOLAGET (SWEDEN): BUSINESS PERFORMANCE
TABLE 049. SVENSKA CELLULOSA AKTIEBOLAGET (SWEDEN): PRODUCT PORTFOLIO
TABLE 050. SVENSKA CELLULOSA AKTIEBOLAGET (SWEDEN): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 050. PACKAGING CORPORATION OF AMERICA (US): SNAPSHOT
TABLE 051. PACKAGING CORPORATION OF AMERICA (US): BUSINESS PERFORMANCE
TABLE 052. PACKAGING CORPORATION OF AMERICA (US): PRODUCT PORTFOLIO
TABLE 053. PACKAGING CORPORATION OF AMERICA (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 053. JK PAPER LTD. (INDIA): SNAPSHOT
TABLE 054. JK PAPER LTD. (INDIA): BUSINESS PERFORMANCE
TABLE 055. JK PAPER LTD. (INDIA): PRODUCT PORTFOLIO
TABLE 056. JK PAPER LTD. (INDIA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 056. SESHASAYEE PAPER & BOARDS LTD. (INDIA): SNAPSHOT
TABLE 057. SESHASAYEE PAPER & BOARDS LTD. (INDIA): BUSINESS PERFORMANCE
TABLE 058. SESHASAYEE PAPER & BOARDS LTD. (INDIA): PRODUCT PORTFOLIO
TABLE 059. SESHASAYEE PAPER & BOARDS LTD. (INDIA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 059. DS SMITH (UK): SNAPSHOT
TABLE 060. DS SMITH (UK): BUSINESS PERFORMANCE
TABLE 061. DS SMITH (UK): PRODUCT PORTFOLIO
TABLE 062. DS SMITH (UK): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 062. MONDI (UK): SNAPSHOT
TABLE 063. MONDI (UK): BUSINESS PERFORMANCE
TABLE 064. MONDI (UK): PRODUCT PORTFOLIO
TABLE 065. MONDI (UK): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 065. SMURFIT KAPPA GROUP (IRELAND): SNAPSHOT
TABLE 066. SMURFIT KAPPA GROUP (IRELAND): BUSINESS PERFORMANCE
TABLE 067. SMURFIT KAPPA GROUP (IRELAND): PRODUCT PORTFOLIO
TABLE 068. SMURFIT KAPPA GROUP (IRELAND): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 068. OJI HOLDINGS (JAPAN): SNAPSHOT
TABLE 069. OJI HOLDINGS (JAPAN): BUSINESS PERFORMANCE
TABLE 070. OJI HOLDINGS (JAPAN): PRODUCT PORTFOLIO
TABLE 071. OJI HOLDINGS (JAPAN): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 071. TAMILNADU NEWSPRINT & PAPERS LTD. (INDIA): SNAPSHOT
TABLE 072. TAMILNADU NEWSPRINT & PAPERS LTD. (INDIA): BUSINESS PERFORMANCE
TABLE 073. TAMILNADU NEWSPRINT & PAPERS LTD. (INDIA): PRODUCT PORTFOLIO
TABLE 074. TAMILNADU NEWSPRINT & PAPERS LTD. (INDIA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 074. STORA ENSO (FINLAND): SNAPSHOT
TABLE 075. STORA ENSO (FINLAND): BUSINESS PERFORMANCE
TABLE 076. STORA ENSO (FINLAND): PRODUCT PORTFOLIO
TABLE 077. STORA ENSO (FINLAND): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 077. INTERNATIONAL PAPER COMPANY (US): SNAPSHOT
TABLE 078. INTERNATIONAL PAPER COMPANY (US): BUSINESS PERFORMANCE
TABLE 079. INTERNATIONAL PAPER COMPANY (US): PRODUCT PORTFOLIO
TABLE 080. INTERNATIONAL PAPER COMPANY (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 080. GEORGIA-PACIFIC LLC (US): SNAPSHOT
TABLE 081. GEORGIA-PACIFIC LLC (US): BUSINESS PERFORMANCE
TABLE 082. GEORGIA-PACIFIC LLC (US): PRODUCT PORTFOLIO
TABLE 083. GEORGIA-PACIFIC LLC (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 083. STORA ENSO OYJ (FINLAND): SNAPSHOT
TABLE 084. STORA ENSO OYJ (FINLAND): BUSINESS PERFORMANCE
TABLE 085. STORA ENSO OYJ (FINLAND): PRODUCT PORTFOLIO
TABLE 086. STORA ENSO OYJ (FINLAND): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 086. BALLARPUR INDUSTRIES LTD. (AVANTHA) (INDIA): SNAPSHOT
TABLE 087. BALLARPUR INDUSTRIES LTD. (AVANTHA) (INDIA): BUSINESS PERFORMANCE
TABLE 088. BALLARPUR INDUSTRIES LTD. (AVANTHA) (INDIA): PRODUCT PORTFOLIO
TABLE 089. BALLARPUR INDUSTRIES LTD. (AVANTHA) (INDIA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 089. UPM (FINLAND): SNAPSHOT
TABLE 090. UPM (FINLAND): BUSINESS PERFORMANCE
TABLE 091. UPM (FINLAND): PRODUCT PORTFOLIO
TABLE 092. UPM (FINLAND): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 092. WESTROCK (US): SNAPSHOT
TABLE 093. WESTROCK (US): BUSINESS PERFORMANCE
TABLE 094. WESTROCK (US): PRODUCT PORTFOLIO
TABLE 095. WESTROCK (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 095. KIMBERLY-CLARK (US): SNAPSHOT
TABLE 096. KIMBERLY-CLARK (US): BUSINESS PERFORMANCE
TABLE 097. KIMBERLY-CLARK (US): PRODUCT PORTFOLIO
TABLE 098. KIMBERLY-CLARK (US): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 098. ANDHRA PAPER LTD. (INDIA): SNAPSHOT
TABLE 099. ANDHRA PAPER LTD. (INDIA): BUSINESS PERFORMANCE
TABLE 100. ANDHRA PAPER LTD. (INDIA): PRODUCT PORTFOLIO
TABLE 101. ANDHRA PAPER LTD. (INDIA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 101. EMAMI PAPER MILLS LTD. (INDIA): SNAPSHOT
TABLE 102. EMAMI PAPER MILLS LTD. (INDIA): BUSINESS PERFORMANCE
TABLE 103. EMAMI PAPER MILLS LTD. (INDIA): PRODUCT PORTFOLIO
TABLE 104. EMAMI PAPER MILLS LTD. (INDIA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 104. KUANTUM PAPERS LTD. (INDIA): SNAPSHOT
TABLE 105. KUANTUM PAPERS LTD. (INDIA): BUSINESS PERFORMANCE
TABLE 106. KUANTUM PAPERS LTD. (INDIA): PRODUCT PORTFOLIO
TABLE 107. KUANTUM PAPERS LTD. (INDIA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 107. SATIA INDUSTRIES LTD. (INDIA): SNAPSHOT
TABLE 108. SATIA INDUSTRIES LTD. (INDIA): BUSINESS PERFORMANCE
TABLE 109. SATIA INDUSTRIES LTD. (INDIA): PRODUCT PORTFOLIO
TABLE 110. SATIA INDUSTRIES LTD. (INDIA): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 110. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 111. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 112. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 113. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. COMMERCIAL PAPER MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. COMMERCIAL PAPER MARKET OVERVIEW BY TYPE
FIGURE 012. PROMISSORY NOTES MARKET OVERVIEW (2016-2030)
FIGURE 013. DRAFTS MARKET OVERVIEW (2016-2030)
FIGURE 014. CHECKS MARKET OVERVIEW (2016-2030)
FIGURE 015. CERTIFICATES MARKET OVERVIEW (2016-2030)
FIGURE 016. COMMERCIAL PAPER MARKET OVERVIEW BY END-USER
FIGURE 017. RETAIL MARKET OVERVIEW (2016-2030)
FIGURE 018. INSTITUTIONAL MARKET OVERVIEW (2016-2030)
FIGURE 019. HIGH-NET-WORTH INDIVIDUAL (HNWI) MARKET OVERVIEW (2016-2030)
FIGURE 020. CORPORATES MARKET OVERVIEW (2016-2030)
FIGURE 021. NORTH AMERICA COMMERCIAL PAPER MARKET OVERVIEW BY COUNTRY (2016-2030)
FIGURE 022. EASTERN EUROPE COMMERCIAL PAPER MARKET OVERVIEW BY COUNTRY (2016-2030)
FIGURE 023. WESTERN EUROPE COMMERCIAL PAPER MARKET OVERVIEW BY COUNTRY (2016-2030)
FIGURE 024. ASIA PACIFIC COMMERCIAL PAPER MARKET OVERVIEW BY COUNTRY (2016-2030)
FIGURE 025. MIDDLE EAST & AFRICA COMMERCIAL PAPER MARKET OVERVIEW BY COUNTRY (2016-2030)
FIGURE 026. SOUTH AMERICA COMMERCIAL PAPER MARKET OVERVIEW BY COUNTRY (2016-2030)