A recent report published by Infinium Global Research on specialty paper market provides in-depth analysis of segments and sub-segments in the global as well as regional specialty paper market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional specialty paper market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global specialty paper market. According to the report, the global specialty paper market is projected to grow at a CAGR of 6.15% over the forecast period of 2019-2025.
Specialty paper has applications in diverse industries including healthcare, construction, packaging and labeling, retail, and laundry care. The specialty paper market has spectacularly grown in recent years following the rapid adoption of packaging mechanisms and home delivery facilities in several sectors. It provides enhanced moisture retention, pH levels and hygiene that makes it suitable as a packaging material in sectors such as food and beverage, lifestyle and cosmetics. Recently, new products such as individual packaging for food that can be refrigerated, heated in the oven, and served to the end-customer in a one-and-the-same container create more value for producers capable of making such paper products. New medical products, together with the need for clean water and air, offer new avenues of opportunities to the specialty paper producers.
Increasing urban population and development of the food & beverage sector are the major driving factor for the specialty paper market. Furthermore, factors such as rising disposable incomes increased consumption of instant tea premix sachets, and the growing awareness of hygiene and a high number of foodservice outlets are other driving factors for the market growth. The rising online shopping sector in emerging as well as developed economies are boosting the growth of the market. The convenience of online shopping led to a corresponding rise in the demand for packaging materials and other materials required to transport and store the products. However, stringent government rules & regulations on material use are restraining the growth of the specialty paper market. Moreover, the introduction of nanotechnology in specialty papers expected to provide growth opportunities to the market players.
Geographically, Europe dominates the global specialty paper market owing to the steady presence of paper processing framework. Asia-Pacific is the second-largest market for specialty paper due to the increasingly prosperous economic growth in several countries in the region.
The report on global specialty paper market covers segments such as raw materials, product type, and end use application. On the basis of raw materials, the sub-markets include additives, fillers, binders, pulp, and other raw materials. On the basis of product type, the sub-markets include release & labels, decor papers, pharmaceutical leaflet papers, flexible packaging papers, and other product types. On the basis of end use application, the sub-markets include industrial, construction, packaging, label, food service, printings, and other end use applications.
The report provides profiles of the companies in the market such as Domtar Corporation, Nippon Paper Group, Mondi Plc, ITC Ltd., International Paper, Stora Enso, Oji Holdings Corporation, Asia Pulp & Paper Co. Limited, Sappi Limited, Glatfelter, and other companies.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of specialty paper market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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