Specialty Paper Market is projected to grow at a CAGR of over 4% during the forecast period. The key factors that drive the growth of the market include the growth in the labelling and packaging industries. The majority of paper used in the packaging and labelling industry is specialty paper. The rise in disposable and changing lifestyles along with the increased demand for specialty papers in food service, packaging, and medical applications is further driving the growth of the market over the forecast period.
Moreover, properties such as recyclability and sustainability possessed by the specialty papers also encourage its adoption. Increased focus of bigger brands, consumers as well as manufacturers towards the eco-friendly products are further driving the market growth. Several key companies such as International Paper Co., Mondi Group Plc, and Stora Enso, among many others are focusing on the recyclability and sustainability of the specialty papers in order to enhance their customer base, which in turn, encourages them to launch a variety of specialty papers. Thus, adding growth opportunities to market growth.
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Specialty Paper Market – Segmentation
By Product Type
Decor Paper
Thermal Paper
Carbonless Paper
Kraft Paper
Others
By Application
Packaging & Labelling
Printing & Publication
Building & Construction
Others
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Specialty Paper Market – Segmentation by Region
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Latin America
Middle East & Africa
Company Profiles
Ahlstrom-Munksjö Oyj
BillerudKorsnäs AB
Domtar Corp.
DS Smith Plc
Fedrigoni Group
International Paper Co.
ITC Ltd.
KJ Specialty Paper Co. Ltd.
Koehler Paper Group
Kruger Inc.
LINTEC Corp.
Mondi Group Plc
Nippon Paper Industries Co. Ltd.
Nordic Paper AS
Oji Holdings Corp.
PH Glatfelter Co.
Pixelle Specialty Solutions LLC
Sappi Ltd.
Smurfit Kappa Group
Stora Enso Oyj
Twin Rivers Paper Co.
UPM Kymmene Corp.
Voith GmbH & Co. KGaA
WestRock Co.
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