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
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.
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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.
This report studies the Stone Paper market, covering market size for segment by type (RPD, RBD, etc.
), by Sales Channel (Direct Channel, Distribution Channel), by player (TETHIA Group, Shenzhen Stone Paper, Liaoning Shenmei, Panjiang Dragon, Taiwan Lung Meng, etc.)
and by region (North America, Europe, Asia-Pacific, South America and Middle East & Africa).This report provides detailed historical analysis of global market for Stone Paper from 2015-2020, and provides extensive market forecasts from 2021-2030 by region/country and subsectors.
Since outbreak in December 2019, the COVID-19 virus has spread to all around the world and caused huge losses of lives and economy, and the global manufacturing, tourism and financial markets have been hit hard, while the online market/industry increase.
In the end, this report also provides in-depth analysis and professional advices on how to face the post COIVD-19 period.The research methodology used to estimate and forecast this market begins by capturing the revenues of the key players and their shares in the market.
Various secondary sources such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, have been used to identify and collect information useful for this extensive commercial study of the market.
The Stone Paper Market is set to witness a higher CAGR in the forthcoming period.
A stone paper is a viable element used as potential alternative against paper and polypropylene film.
Considering the drastic effect on environment, manufacturers are now emphasizing on “No-wood pulp” and “Zero Pollution” resolutions.
Stone paper is photo degradable and can be reused as a plastic.The stone paper market is highly driven by surge in investments for R coupled with positive initiative for deforestation under government support and rise in use of stone paper as an alternative to regular paper.
Rise in use of novel techniques for product manufacture and packaging have triggered the demand for stone paper.
In addition, development of viable sources for product manufacturing resulting out of regulations for deforestation is likely to propel the market growth in the forecast period.Request a Free Sample Copy of Stone Paper Market Report @ https://www.millioninsights.com/industry-reports/stone-paper-market/request-sample However, challenges such as rise in demand for high-density polyethylene from several industries is likely to impede the market growth during the forecast period.
Market ScenarioThe Global Stone Paper Market is predicted to demonstrate a staggering CAGR during the forecast period (2016-2021) owing to the accelerating demand from the packaging industry, asserts Market Research Future.
Neither synthetic made nor pulp made, stone paper is extremely durable, eco-friendly, and highly strong paper, and is also termed as rich mineral paper, rock paper, and paper from waste marble.
Stone paper can be recycled and re-formed into stone paper again, which cannot be recycled but is compostable and photodegradable under commercial conditions.
Stone papers are ideal for bags, packaging, wrappers, stationery, greaseproof paper, adhesives, containers, and other applications.Get free sample pdf @ https://www.marketresearchfuture.com/sample_request/1378Drivers and Constraints Impacting the MarketWith rising demand from the labeling and packaging industry, the global market for stone paper is considered to flourish during the forecast period.
The augmenting application of stone paper in a self-adhesive paper can be credited to the ecological impacts, with regards to usage of water, energy, deforestation and carbon emissions.
The market is extremely competitive owing to the presence of a substantial number of suppliers across the globe.As Stone Paper Market trends helps to enhance the aesthetic properties of the products need to be packaged, also offering an economical and eco-friendly solution, demand for stone paper has triggered during the appraisal period.
San Francisco, 11 June 2020 — “Stone Paper Market Analysis By Regions (North America, Europe, Asia-Pacific, Latin America and Africa), Product, By Application And Segment Forecasts To 2027” The Stone Paper Market is set to witness a higher CAGR in the forthcoming period.
A stone paper is a viable element used as potential alternative against paper and polypropylene film.
Considering the drastic effect on environment, manufacturers are now emphasizing on “No-wood pulp” and “Zero Pollution” resolutions.
Stone paper is photo degradable and can be reused as a plastic.
Get a Free Sample Copy of Report @ https://www.millioninsights.com/industry-reports/stone-paper-market/request-sample The stone paper market is highly driven by surge in investments for R coupled with positive initiative for deforestation under government support and rise in use of stone paper as an alternative to regular paper.
In addition, development of viable sources for product manufacturing resulting out of regulations for deforestation is likely to propel the market growth in the forecast period.
