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Specialty Paper Market Segmentation by Material (Binders, Pulp, Fillers, Additives, Chemicals, and Others); by Weight {Light paper (up to 169gsm), Medium cards (170gsm to 216gsm), Heavy cards (217gsm to 284gsm), Extra heavy cards (285gsm above), and Double thick cards}; by Product (Labels, Leaflet Papers, Decor Papers, Flexible Packaging Papers and Others); by End-User (Packaging, Printing, Construction, and Others) – Global Demand Analysis & Opportunity Outlook 2030

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Inflation And Looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.

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Purchasing power in the couPurchasing power in the country is expected to fell nearly by 2.5%. On the other hand, European countries to see the worst coming in the form of energy crisis especially in upcoming winters!! Right after COVID-19, inflation has started gripping the economies across the globe. Higher than anticipated inflation, especially in western world had raised concerns for national banks and financial institutions to control the economic loss and safeguard the interest of the businesses. Increased interest rates, strong USD inflated oil prices, looming prices for gas and energy resources due to Ukraine-Russia conflict, China economic slowdown (~4% in 2022) disrupting the production and global supply chain and other factors would impact each industry negatively.                                                         Request Insights

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IN THE NEWS

  • April 28, 2021: Stora Enso to produce biogas from paper manufacturing process using the gases released during the process. The production to begin at its Nymölla mill in Sweden.

  • February 19, 2021: Nippon Paper Industries Co., Ltd. wins excellence award in the 24th Environmental Communication Awards for sustainability report 2020.

Global Specialty Paper Market Highlights over 2022-2030

The global specialty paper market is estimated to garner a sizeable revenue by growing at a CAGR of ~8% over the forecast period, i.e., 2022–2030. The growth of the market can be attributed to the growing applications of specialty paper in the packaging industry, construction, printing, and others. Moreover, the growing food & beverages packaging industry which valued over USD 300 billion in 2019, and is anticipated to further grow, backed by raised disposable income and increasing trend for packaged food. This is anticipated to boost the market growth. In addition to this, the increase in the urban population and life style of people are major factors driving the global specialty paper market.

Global-Pharyngitis-Treatment-Market-Overview

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The global specialty paper market is segmented by material into binders, pulp, fillers, additives, chemicals, and others, out of which, the pulp segment is anticipated to hold the largest share in the market in terms of revenue share during the forecast period as pulp is the major content for making the paper. On the basis of product, the market is segmented into labels, leaflet papers, decor papers, flexible packaging papers and others, out of which, the flexible packaging papers segment is estimated to garner a major share in the market over the forecast period, owing to the increasing use of specialty paper in packaging various products backed by its strength and firmness.

Global Specialty Paper Market Regional Synopsis

Regionally, the global specialty paper market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in Asia Pacific is estimated to witness highest CAGR over the forecast period on the back of increasing demand for packaging material in the region. Growing fast food industry in the region, backed by changing lifestyle, has increased the demand for safe packaging options, such as, food contact paper, which, in turn, is estimated to boost the regional market growth.

The market in the North America region is anticipated to garner a major share over the forecast period, owing to the growing ready-to-cook food industry, which requires specialty paper for packaging the food products. Moreover, raised awareness for the use of paper, instead of plastic for packaging, is also estimated to boost the market growth. As per the data by the U.S. Environment Protection Agency, in 2018, paper containers and packaging amounted to 41.9 million tons of Municipal Solis Waste, out of which, 80.9% waste was recycled. Moreover, increasing use of specialty paper for printing is also expected to boost the market growth.

Global-Pharyngitis-Treatment-Market-Share

The global specialty paper market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Opportunity Analysis.
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth & Opportunity Analysis

Market Segmentation

Our in-depth analysis of the global specialty paper market includes the following segments:

By Material

  • Binders
  • Pulp
  • Fillers
  • Additives
  • Chemicals
  • Others

By Weight

  • Light paper (up to 169gsm)
  • Medium cards (170gsm to 216gsm)
  • Heavy cards (217gsm to 284gsm)
  • Extra heavy cards (285gsm above)
  • Double thick cards

By Product

  • Labels
  • Leaflet Papers
  • Decor Papers
  • Flexible Packaging Papers
  • Others

By End-User

  • Packaging
  • Printing
  • Construction
  • Others

Growth Drivers

  • Increasing Uses of Specialty Paper
  • Growing Use of Paper in the Packaging Industry

Challenges

  • Threat of Deforestation in Making Paper
  • High Cost of Raw Material

Top Featured Companies Dominating the Market

  • Mondi plc
    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
    • SWOT Analysis
  • Stora Enso Oyj
  • Nippon Paper Industries Co., Ltd.
  • Asia Pulp & Paper Group (APP)
  • Seaman Paper Co.
  • SCG Packaging Public Company Limited
  • Pudumjee Paper Products Limited
  • BPM Inc.
  • KRPA Holding
  • Nordic Paper

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