Showing posts with label Stone Paper Market. Show all posts
Showing posts with label Stone Paper Market. Show all posts

Wednesday, September 14, 2022

Stone Paper Market Growth Factors Analysis, Overview and Forecast Report to 2028

Stone Paper Industry Overview

The global stone paper market size was estimated at USD 785.5 million in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 4.8% from 2020 to 2028. High demand for stone paper attributed to its sustainability and aesthetic quality from the paper packaging industry is one of the major factors driving the market. The temporary halt in manufacturing activities across various countries due to the pandemic led to disruptions in the product supply chain. In addition, manufacturers struggled to make changes in the operations to follow the norms of social distancing, leading to more disruptions and slowdowns throughout.

Gather more insights about the market drivers, restrains and growth of the Global Stone Paper Market

Stone Paper Market

The product demand spiked owing to massive demand from personal care and hygiene and food packaging due to changing consumer lifestyles during the pandemic. However, supply chain disruptions led to a shortage of raw materials across the globe, which adversely impacted the market for stone paper. The presence of highly advanced packaging industry is anticipated to fuel the demand for stone paper in the U.S. Presence of established manufacturers such as Ball Corporation, International Paper, and Sealed Air is anticipated to further expand the packaging industry in the U.S., and thus promoting the market in the country.

The presence of several raw-material suppliers in the market coupled with an increasing trend to adopt eco-friendly substitutes to conventional paper is expected to open growth avenues for the new participants in the market for stone paper. Though the product is expensive than conventional paper, high demand for recyclable and eco-friendly products is expected to encourage new market entrants.

Bolstering global trade due to advanced e-commerce platforms is expected to boost the demand for sustainable packaging products including paper bags and cardboard boxes made from stone paper. This is expected to add immense opportunities to the market for stone paper over the forecast period.

Browse through Grand View Research's Advanced Interior Materials Industry Research Reports.

Advanced Ceramics Market: The global advanced ceramics market size was valued at USD 103.79 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 4.0% from 2022 to 2030. Increasing penetration of advanced ceramics in various applications, along with the growth in medical and telecom industries, is anticipated to augment market growth over the forecast period.

Calcium Carbonate Market: The global calcium carbonate market size was valued at USD 42.5 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 5.4% from 2022 to 2030. Increasing demand for paper from packaging applications and hygiene-related products like tissue paper is a major growth driver for the market. 

Stone Paper Market Segmentation

Grand View Research has segmented the global stone paper market on the basis of application and region:

Stone Paper Application Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

Packaging Papers

Labeling Papers

Self-adhesive Papers

Others


Stone Paper Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

North America

Europe

Asia Pacific

Central & South America

Middle East & Africa


Key Companies profiled:

Some prominent players in the Global Stone Paper Market include

The Stone Paper Company

Guangzhou Myhome Wallpaper Co. Ltd.

AM Packaging Company Limited

Shenzhen Stone Paper Enterprise

Kapstone

Taiwan Longmeng Composite Materials Co., Ltd.

STP STONE PAPER GmbH

Stone Paper

TBM Co., Ltd

Pishgaman Sanat Sabz Co.

Sphera International

Anydesignsrl


Order a free sample PDF of the Stone Paper Market Intelligence Study, published by Grand View Research. 



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