The company claimed that the paper, which is being shown in the US this week, can be printed on and, within a 24-hour period, the image on the paper erases itself allowing the page to be used again.

The process is achieved by coating the paper with chemicals that react when exposed to the light of a specific wavelength. In doing so, this produces visible text on the page that goes on to disappear within a day.

Xerox estimates the technology will help cut office paper usage where around 40% of print is disposed of within 24 hours.

Erasable paper has been developed at Xerox's Research Centre of Canada (XRCC) in collaboration with Xerox subsidiary Palo Alto Research Centre (PARC).

The company is showcasing the experimental paper at the Wired NextFest innovation show, which takes place in Chicago from September 27 - October 12.

Sophie Vandebroek, chief technology officer and president of the Xerox Innovation Group said such advancements "not only help our customers, but will help the world become more sustainable."