Pune, India, May 2020, MRFR Press Release/- Market Research Future has published a Half-Cooked Research Report on the Global Specialty Papers Market.
Market Research Future (MRFR) has published a cooked research report on the “Global Specialty Papers Market” that contains information from 2018 to 2030. The Specialty Papers market is estimated to register a CAGR of 5.97% during the forecast period of 2023 to 2030.
MRFR recognizes the following companies as the key players in the global Specialty Papers market— Nippon Paper Group Inc, Griff Paper and Film, Domtar Corporation, Robert Wilson Paper Corporation, Mondi Plc, International Paper Company, Sappi Limited, Kanzaki Specialty Papers Inc, Stora Enso Oyj, and Munksjo Corporation.
The global Specialty Papers market is accounted to register a CAGR of 5.97% during the forecast period and is estimated to reach USD 71.25 Billion by 2030.
The specialty papers market encompasses the industry for specialized paper products designed for specific applications, such as packaging, labeling, printing, and industrial use. These papers often have unique characteristics, including higher strength, durability, and specialized coatings to meet specific customer requirements.
The global Specialty Papers market has been segmented based on Raw Material, Type and Application.
On the basis of Raw Material, the market is segmented into Pulp, Fillers & Binders, Additives, and Others. In 2022, the Pulp segment will hold the majority of the market share and contribute to Specialty Papers revenue. owing to the widespread usage of wood pulp in the manufacture of paper.
Based on Type, the global Specialty Papers market has been segmented into Décor Paper, Flexible Packaging Papers, Release Liner Paper, Printing Paper, Masking Tape, and Others. The market was controlled by the Décor Paper segment. due to the variety of surfaces it can be used on, including flooring, panelling, and furniture. These papers can be purchased in a single colour or with a variety of designs printed on them.
Based on Application, the global Specialty Papers market has been segmented into Building & Construction, Packaging & Labeling, Industrial, Printing & Writing, and Others. The market's largest segment is the packaging and labelling category. Specialty papers are frequently used in the manufacturing of packaging and labelling materials, which are crucial parts of the modern supply chain.
The global Specialty Papers market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Specialty Papers market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Specialty Papers market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Specialty Papers market comprises of Middle East, Africa, and Latin America.
The Asia-Pacific Specialty Papers Market dominated this market in 2022 because Chinese consumers are more aware of the wide variety of packaging options and the availability of raw materials for the production of speciality paper. due to increasing customer interest in speciality paper and corporate growth. While Germany dominates the European market as a result of the region's increased use of speciality paper on bottles as labels, China is driving the rise of the Asia-Pacific market due to the rising requirement for specialty paper in the ink printing industries, which increases demand for specialty paper.
Additionally, The specialty papers market is a global industry with regional variations in demand and production. North America and Europe are major markets due to high industrialization and packaging needs. Asia-Pacific is witnessing significant growth driven by increasing consumerism and industrial expansion in countries like China and India. Latin America and the Middle East are also experiencing rising demand for specialty papers in various sectors. Africa's market is comparatively smaller but showing potential for growth in the future. Overall, the regional specialty papers market is influenced by economic development, industrial activities, and changing consumer preferences in each region.
Key Findings of the Study
Access Report Details @ specialty papers market