The global stone paper market size is expected to be worth around US$ 3.2 billion by 2030, according to a new report by Vision Research Reports.
The global stone paper market size was valued at US$ 805.5 million in 2020 and is anticipated to grow at a CAGR of 9.8% during forecast period 2021 to 2030.
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Stone Paper Market (By Application: Packaging Papers, Labeling Papers, Self-adhesive Papers, Others) – Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook 2021 – 2030
Report Coverage
| Report Scope | Details |
| Market Size | USD 3.2 billion by 2030 |
| Growth Rate | CAGR of 9.8% From 2021 to 2030 |
| Base Year | 2020 |
| Historic Data | 2017 to 2020 |
| Forecast Period | 2021 to 2030 |
| Segments Covered | Application |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
| Companies Mentioned | 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 |
Growth Factors
Increasing concerns regarding extensive deforestation for wood procurement to synthesize wood pulp are expected to fuel the demand for alternatives such as stone paper over the forecast period.
The pulp and paper manufacturers are investing heavily to produce alternatives to wood-based paper products and are laying focus on the identification of environment-friendly and biodegradable options which is expected to boost product demand. Increasing the demand for sustainable packaging offers profitable opportunities for the stone paper manufacturers and the market. The market for stone paper is also expected to be driven by the growing adoption of stone paper for packaging application and the replacement of conventional wood-based paper.
Report Highlights
The packaging paper application segment led the market for stone paper and accounted for the largest revenue share of about 45.0% in 2020. This can be attributed to the rising demand for sustainable materials for packaging applications. The product combines advantages of both traditional paper and plastic which is likely to offer increasing opportunities in packaging applications.
The packaging paper application segment led the market for stone paper and accounted for the largest revenue share of about 45.0% in 2020. This can be attributed to the rising demand for sustainable materials for packaging applications. The product combines advantages of both traditional paper and plastic which is likely to offer increasing opportunities in packaging applications.
Asia Pacific dominated the stone paper market and accounted for the largest revenue share of about 48.0% in 2020, owing to increasing demand from paper and packaging applications. This can be attributed to the minimal environmental impact of the product as it helps in eliminating a huge amount of water consumption, reduces carbon dioxide emission, and prevents deforestation activities.
The rise in product demand in North America can be ascribed to the increasing investment in research and development activities aiming to develop sustainable products with advanced features. The need for high-quality materials for packaging applications is considered a key factor driving product demand.
Key Players
- 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
Market Segmentation
- Application
- Packaging Papers
- Labeling Papers
- Self-adhesive Papers
- Others
- Regional
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- France
- Italy
- Asia Pacific
- China
- India
- Japan
- Central & South America
- Brazil
- Argentina
- Middle East & Africa
- North America
The study objectives of this report are:
- To analyze and study the global market capacity, production, value, consumption, status (2017-2020) and forecast (2021-2030);
- Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
- To define, describe and forecast the market by type, application and region.
- To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
- To identify significant trends and factors driving or inhibiting the market growth.
- To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
- To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
- To strategically profile the key players and comprehensively analyze their growth strategies.
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