Specialty Paper Market is projected to grow at a CAGR of over 4% during the forecast period. The key factors that drive the growth of the market include the growth in the labelling and packaging industries. The majority of paper used in the packaging and labelling industry is specialty paper. The rise in disposable and changing lifestyles along with the increased demand for specialty papers in food service, packaging, and medical applications is further driving the growth of the market over the forecast period.
Moreover, properties such as recyclability and sustainability possessed by the specialty papers also encourage its adoption. Increased focus of bigger brands, consumers as well as manufacturers towards the eco-friendly products are further driving the market growth. Several key companies such as International Paper Co., Mondi Group Plc, and Stora Enso, among many others are focusing on the recyclability and sustainability of the specialty papers in order to enhance their customer base, which in turn, encourages them to launch a variety of specialty papers. Thus, adding growth opportunities to market growth.
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Specialty Paper Market – Segmentation
By Product Type
- Decor Paper
- Thermal Paper
- Carbonless Paper
- Kraft Paper
- Others
By Application
- Packaging & Labelling
- Printing & Publication
- Building & Construction
- Others
A full Report of Specialty Paper Market is Available at: https://www.omrglobal.com/industry-reports/specialty-paper-market
Specialty Paper Market – Segmentation by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East & Africa
Company Profiles
- Ahlstrom-Munksjö Oyj
- BillerudKorsnäs AB
- Domtar Corp.
- DS Smith Plc
- Fedrigoni Group
- International Paper Co.
- ITC Ltd.
- KJ Specialty Paper Co. Ltd.
- Koehler Paper Group
- Kruger Inc.
- LINTEC Corp.
- Mondi Group Plc
- Nippon Paper Industries Co. Ltd.
- Nordic Paper AS
- Oji Holdings Corp.
- PH Glatfelter Co.
- Pixelle Specialty Solutions LLC
- Sappi Ltd.
- Smurfit Kappa Group
- Stora Enso Oyj
- Twin Rivers Paper Co.
- UPM Kymmene Corp.
- Voith GmbH & Co. KGaA
- WestRock Co.
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Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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Article source: https://article-realm.com/article/Business/57970-Specialty-Paper-Market-to-Signify-Strong-Growth-by-2023-2030.html
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