The Global Specialty Paper Market size is estimated to reach USD 36.77 billion from USD 27.24 billion in 2019, delivering a CAGR of 3.8% through 2027. The market growth is driven by the immense growth in the e-commerce & logistics business coupled with technological advancements in the packaging mechanisms & equipment.
Specialty papers are ideal for a wide range of applications ranging from paper currency to coffee filters, insulation paper, carbonless copy paper, décor papers, and others. Increasing product applications in e-commerce activities such as storage, transport, and packaging are offering lucrative scope for industry growth. Apart from high-end packaging items, its application includes printing and decorating invitations.
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Key participants in the global specialty chemicals market include Michelman Inc, Domtar Corporation, Nippon Paper Group, International Paper, Mondi Plc, Stora Enso, Oji Holdings Corporation, ITC Ltd, WestRock, Fedrigoni, and Asia Pulp & Paper Co. Limited, among others.
Major Points Covered in the Global Specialty Paper Market Report:
- Market Coverage: This section of the report provides significant details on key market aspects including the key market segments, product innovation scope, and macro-economic and micro-economic growth indicators. In addition, the report segments the global Specialty Paper market based on product type, technology landscape, and application range.
- Executive Summary: Under this section, the global market growth rate, competitive landscape, drivers and constraints, trends, limitations, and the key market segments have been discussed.
- Regional Analysis: In this section, the latest report highlights the extensive global presence of the Specialty Paper market. This section offers key insights into the latest trends in the regional markets including North America, Asia Pacific, Europe, Latin America, and Middle East & Africa.
- Competitive Landscape: This section of the report highlights the key players in the global Specialty Paper market. It further emphasizes the leading products and services offered by these companies.
- Manufacturers’ portfolios: This section includes detailed information regarding the product portfolio of each local and global manufacturer, their strengths and weaknesses, product catalogue, production value and capacity, and other vital information.
For this report, Reports and Data has segmented the Global Specialty Paper Industry based on product type, raw material type, application, and region:
Product Type Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
- Packaging Paper
- Printing Paper
- Décor
- Release Liner
- Kraft
- Thermal
- Carbonless
- Others
Raw Material Type Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
- Fillers
- Binders
- Pulp
- Coatings
- Additives
- Others
To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/specialty-paper-market
Application Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
- Construction
- Printing
- Industrial
- Packaging
- Labeling
- Medical
- Others
Further key findings from the report suggest
- Based on product type, the decor paper segment contributed to the largest market share in 2019 in terms of both volume and revenue and is estimated to witness a notable growth rate through 2027 on account of its wide range of applications in paneling, furniture, and flooring surfaces. The décor paper segment will lead the market in the forecast period
- The kraft paper segment is anticipated to register the highest growth rate of 4.4% over the analysis period on account of growing product demand for food packaging along with the growth of retail infrastructure in the developing economies.
- Based on raw material, the filler segment accounts for 30.3% of the specialty paper market share and is anticipated to generate significant revenue over the forecast period.
- In terms of application, the packaging and labeling segment accounted for 25 % of the market in terms of volume and is set to witness notable CAGR through 2027.
- The printing & publishing segment is estimated to contribute significantly to the specialty paper market share on account of increasing usage of specialty paper in security papers, currency, postage stamp, and cheque paper.
- In the regional landscape, Europe is estimated to witness a CAGR of 2.2%, contributing to the maximum revenue generation by 2027. Europe is the largest exporter of paper in the world. The growing trend of online shopping and the expansion of packaging & product distribution in the region will boost industry growth.
- The Asia Pacific region is estimated to exhibit a growth rate of 6% over the forecast period. The robust growth can be attributed to the increasing industrialization and population growth in the region. The expansion of the real estate industry in emerging countries such as India and China is fuelling the demand for specialty papers due to its extensive applications in electrical wiring.
- Companies operating in the specialty papers market are focusing on product development and innovation in order to gain a competitive advantage over others. For instance, on October 7th, 2024, Pixelle Specialty Solutions™, a leading manufacturer of specialty papers, leveraged synergies across its specialty mills platform in order to roll out North America’s largest portfolio of release liner papers, presenting 50 different standard products.
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Regional Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
- North America
- U.S.
- Europe
- Europe
- U.K.
- France
- Asia Pacific
- China
- India
- Japan
- Latin America
- Brazil
- Middle East & Africa
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