The stone paper market is now valued at US$ 4.09 billion in 2022, and it is expected to increase at a modest CAGR of 5.7% during the forecast period, reaching a market value of US$ 7.11 billion by 2032.
Stone paper is a type of exceedingly durable, highly strong, and environmentally friendly paper that is also known as rock paper, rich mineral paper, and paper manufactured from waste marble.
Packaging, bags, stationery, wrappers, adhesives, grease-proof paper, containers, and a variety of other uses are all possible with stone paper. As a result of the packaging industries, the stone paper market has a bright future. The rise in the packaging sector is attributable to the demand for effective labeling and high-quality options to improve the packaged product’s attractiveness.
The density range of stone paper is 1.0-1.6, which equals to or more than ordinary paper, and a texture somewhat like the peel of a boiled egg. The stone paper can be recycled and re-formed into stone paper again, which is not recyclable but is photodegradable and compostable under commercial conditions.
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Global Stone Paper Market: Dynamics
Stone paper is a new type of paper making technology that can be recyclable with modern technology in high polymer interface. Its main raw material is the most abundant in mineral resources calcium carbonate with high polymer material and variety of inorganic matter as auxiliary material. The increasing application scope of the product in the packaging, labeling, and self-adhesive paper is attributed to the slight ecological impacts, with regards to usage of energy, water, carbon emissions, and deforestation.
The new product development along with investment in R&D for the advancement in manufacturing techniques have been the major strategy adopted by the manufacturers. The major issues faced by the industry are related to environment regulation on mining activities. The market is highly competitive owing to the presence of large number of suppliers worldwide.
Global Stone Paper Market: Regional Overview
Due to technology advancement in North America, this region is expected to witness higher growth rate during forecast period. Europe is also expected to account for second highest growth after North America due to demand of packaging application in European countries such as Russia and Germany. Asia pacific, dominated by China is expected to register highest growth in term of volume in global stone paper market during forecast year due to high demand of ecofriendly packaging, easy available raw material in this region, low cost of production and large numbers of manufacturers.
Global Stone Paper Market: Key Players
The main player of this market such are Stone Paper Company Ltd, Sòluz Stone Paper S.A, Kapstone Paper, Taiwan Lung Meng Technology Co. Ltd., Gaia-Concept BV, Parax Paper, packaging corporation.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, technology, and applications.
The Report covers exhaust Analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends /Issues/Challenges
- Competition & Companies involved
- Technology
Regional Analysis includes:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
The report is a compilation of first-hand information, qualitative, and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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Global Stone Paper Market: Segmentation
The global market of stone paper market can be segmented on the basis of material type, application and region.
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
- Latin America
- Eastern Europe
- Western Europe
- Asia Pacific Excluding Japan (APEJ)
- Japan
- The Middle East and Africa
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