Global Stone Paper Market Research Report - Forecast to 2030

Stone Paper Market Information by Material used (Calcium Carbonate, High-density Polyethylene, and others) by Application (Labelling paper, Packaging paper, Self-adhesive paper and others) and Region - Forecast to 2030

ID: MRFR/CO/0869-HCR | February 2021 | Region: Global | 115 pages

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Stone Paper Market Overview


Demand for stone paper from the paper packaging sector is one of the primary reasons driving the market. This demand is ascribed to its sustainability and aesthetic appeal. The temporary suspension of manufacturing across multiple nations as a result of the epidemic caused disruptions in the goods supply chain. Additionally, manufacturers struggled to adapt their operations to conform to social distancing conventions, resulting in additional disruptions and slowdowns throughout. The product demand increased significantly as a result of increased demand for personal care and hygiene products, as well as food packaging, as a result of changing consumer lifestyles during the pandemic.


However, supply chain disruptions resulted in a global lack of raw materials, negatively impacting the market for stone paper. The development of a highly advanced packaging industry in the United States is expected to increase demand for stone paper. The presence of many raw material suppliers in the industry, together with an expanding trend toward eco-friendly alternatives to traditional paper, is projected to create growth opportunities for new stone paper market competitors. While the product is more expensive than ordinary paper, increased demand for recyclable and environmentally friendly products is projected to spur new market participants.


Global trade expansion facilitated by modern e-commerce platforms is predicted to increase demand for sustainable packaging materials such as paper bags and cardboard boxes manufactured of stone paper. This is likely to significantly expand the market for stone paper throughout the forecast period.


Covid 19 Analysis


The packaging and paper manufacturers are expected to face a downfall in demand due to the outbreak of the global pandemic covid 19, as a result, it will create economic hardship by customers, businesses, and communities. The ongoing period of economic crisis is predicted to decrease consumer’s appetite for products which can ultimately cause negative effects in the revenue generation of the stone paper market and in its production.


Market Dynamic


Drivers


The increasing demand for the packaging and labeling industry is considered the major driving factor for the global stone paper market outlook during the forecast period. The e-commerce sector and organized retails are adding fuel to the growth of the stone paper market. It is basically widening the packaging scope and hence contributing to the overall growth. Furthermost, the developments of new products along with rising investments in developments and research activities for enhancing the techniques of manufacturing are also contributing to the growth of the global stone paper market.


Opportunities


The requirement of producing paper without damaging or cutting down trees is likely to create several opportunities for companies in the global stone paper market. There is rising awareness of paper products that are free from the use of chemicals and water. Stone paper is water-resistant and hence it is highly preferable by customers in metro adverting industries and in decoration industries.


Restraints


The stringent regulation of the governments on mining activities is a major issue that is likely to hamper the growth of the global stone paper market throughout the assessment period. Furthermost, the easy availability of substitutes or alternatives is considered as another major restraint of the global stone paper market.


Challenges


The manufacturers of the stone paper market are facing challenges in finalizing their financial statements due to disturbance in operations. The manufactures are planning to perform rigorously and they are looking for sensitivity analysis and stress testing so that they can cash flow statement so that they can determine real-time visibility in funding.


Cumulative Growth Analysis


The packaging segment holds the largest stone paper market share of ~60% in the year 2018 due to its rising adoption of eco-friendly labeling, variation in packaging, and recyclable options around the globe. The Asia Pacific region held the largest stone paper market value of about ~33% in the year 2018 and expected to have a significant growth rate of 4.2% during the forecast period. The rising population and that the increasing per capita income is the major causes for the growth of the stone paper market in this region.


Value Chain Analysis


According to the latest report, the global stone paper market trends are segmented on the basis of material used, application, and region. On the basis of material used, the global stone paper market is segmented into calcium carbonate, high-density polyethylene, and others. On the basis of application, the global stone paper market is further divided into labeling paper, packaging paper, self-adhesive paper, and others. The packaging paper segment is expected to hold maximum stone paper market share in 2015 accounting for about 43.5% of the total stone paper market revenue share. This segment is likely to gain more popularity in near future due to rising concerns of the environment for the uses of plastics; this has shifted the preferences of consumers towards paper-based packaging alternatives.


The self-adhesive segment is expected to account for the second-largest stone paper market revenue share of about 24.9% of the total market share in the year 2015. The rising requirements of convenience amongst consumers are predicted to propel the growth of the global stone paper industry over the forecast period.


Segmentation Overview


The market is segmented on the basis of the material used, application, and region. The global stone paper market is expected to witness decent growth during the forecast period.


By Application


The market is segmented into labeling paper, packaging paper, self-adhesive paper, and others based on the application.


By end-users


The market is segmented into calcium carbonate, high-density polyethylene, and others based on the propulsion types.


Regional Analysis


According to the reports, on the basis of regions, the global stone paper market is divided into North America, Europe, Asia Pacific, and the rest of the world. North America region is predicted to witness a spectacular growth rate during the forecast period due to the advancement of technology in this region. On the other hand, Europe is expected to hold the second-largest share in the market after North America due to the rising demand for packaging applications in emerging countries of Europe such as Germany and Russia. The Asia Pacific is expected to register significant growth in terms of volume due to increasing demand for eco-friendly packaging and easy availability of raw materials in this region. The presence of a large number of manufacturers and the low cost of production is another major factor for the growth of the global stone paper market in the Asia Pacific region.


Competitive landscape


The global stone paper market is highly competitive due to the presence of substantial numbers of suppliers around the globe. The stone paper upgrades the aesthetic properties of the final products which require packaging, it also offers eco-friendly and economical solutions. The increasing concerns of the consumers for decreasing the pollution caused by plastic packaging have further boosted the sales of stone paper around the globe.


Major Key Players



  • Stone Paper Company Ltd.

  • Kapstone Paper

  • Gaia-Concept BV

  • Taiwan Lung Meng Technology Co. Ltd

  • Sòluz Stone Paper S.A.

  • Packaging Corporation and Parax Paper.


Report Overview


The following report comprises of –


  • Market overview

  • Covid 19 Analysis

  • Market Dynamic

  • Drivers

  • Opportunities

  • Restraints

  • Challenges

  • Cumulative Growth Analysis

  • Value Chain Analysis

  • Segmentation Overview

  • By Application

  • By End-Users

  • Regional Analysis

  • Competitive landscape


Recent Developments


October 2019: Karst Stone Paper developed stone paper, which is used for food packaging since it is impervious, unlike wood-pulp paper. The entrepreneurs, intrigued by the notion, saw a chance to bring it to the consumer market. While paper makers have discovered a way to make acid-free paper by adding calcium carbonate to neutralize the acid, the business continues to be very harmful.


Market Segmentation


On the basis of material



  • calcium carbonate

  • high-density polyethylene

  • others


On the basis of application



  • labeling papers

  • packaging paper

  • self-adhesive paper

  • Others


On the basis of region


North America



  • The U.S.

  • Canada

  • Mexico


Europe



  • Germany

  • UK

  • France

  • Rest of Europe


The Asia Pacific



  • China

  • Japan

  • India

  • Rest of Asia Pacific


Rest of the World



  • Latin America

  • Middle East & Africa



Report Scope:
Report Attribute/Metric Details
  Market Size   2030: Significant Value
  CAGR   Substantial CAGR (2022-2030)
  Base Year   2021
  Forecast Period    2022 to 2030
  Historical Data   2019 & 2020
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Material used and Application
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Stone Paper Company Ltd., Kapstone Paper, Gaia-Concept BV, Taiwan Lung Meng Technology Co. Ltd., Sòluz Stone Paper S.A., and Packaging Corporation and Parax Paper.
  Key Market Opportunities   Increased demand from the packaging and labelling industries
  Key Market Drivers   Growing e-commerce and organized retails


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Frequently Asked Questions (FAQ) :

The APAC region would take charge of the stone paper market.

The packaging and labeling industry would guide the market forward.

The materials are high-density polyethylene, calcium carbonate, and others.

The segments involved in the market are labeling paper, packaging paper, self-adhesive paper, and others.

The players are Kapstone Paper, Stone Paper Company Ltd., Sòluz Stone Paper S.A., Taiwan Lung Meng Technology Co. Ltd., Gaia-Concept BV, and Packaging Corporation and Parax Paper.

The application discussed for the stone paper market reports involved in the market are labeling paper, packaging paper, self-adhesive paper, and others.