Chairman's message
The global paper market has been gradually declining for years, both in demand and production. This has been since the digital age took off and was accelerated by the recent pandemic.
Many people were distracted or could not read the coming facts, like: the influence of the internet, social media, e-Commerce, e learning the growing digitalization and the change of habits where printed is mostly not required but rather a digital or a soft copy is good or good enough. Thus, several paper grades were on the declining path, whereas others not.
Early signs:
E-Books instead of books
Bank statements and utility bills became digital
Printed Newspaper became Unprinted with online subscriptions
Envelopes and postals are almost eliminated
Main losers:
Carbonless paper
Graphic paper (High-end graphics)
Magazine paper
Coated and high gloss (cast coated) publications
Main Winners:
Speciality paper
Tissue paper
Hygienic paper
Packaging paper
Carton/Container Board
Kraft paper
Since 2006 we at ikonPaper were able to read some future trends and acted accordingly a long time ago: by going out for the winners in the paper industry and diversified our investments into other business as well like real estate and precious metals.
Today we stand solid and sow the grown seeds togrther with our customers.
I wish to thank our clients who went with us the extra mile for their trust and support.
Dr. Christian M. Moussa
C E O