Table of Contents
The specialty paper market has grown exponentially in the last few years and this trend is projected to continue. The market was valued at 24,239.57 KT in 2014. It is projected to grow at a CAGR of 6.59% from 2015 to reach 34,879.08 KT by 2020. The market is primarily driven by factors such as increasing disposable income, increasing specialty paper end-use application, and its easy availability. The market has grown significantly in the last few years and this growth is projected to continue.
The specialty paper market is led by Europe, followed by North America. The U.S. specialty paper market not only dominates North America, but also the global market. Asia-Pacific is projected to be the fastest-growing specialty paper market globally for the period under consideration. The market is projected to grow significantly at a CAGR of 7.09% in terms of volume during 2015 to 2020. Brazil is the major market in the Rest of the World region, owing to increasing population, awareness, and increasing expenditure on specialty paper products.
In this report, the specilaty market has broadly been segmented on the basis of type, application, raw material, and region. Investment & expansions formed the most preferred growth strategy in the specialty paper market. The purpose for adopting this strategic expansion is that it results in better increasing geographic presence and clientele. Major players such as International Paper (U.S.), Imperial Tobacco Company Ltd. (India), Stora Enso (Finland), Nippon Paper Group (Japan), Mondi Plc. (South Africa), and Sappi Ltd. (South Africa) collectively accounted for the key stake of the global specialty paper market and are mainly focusing on strengthening their product range. Other major players in the market are Glatfeller (U.S.), Munksjo Group (South Africa), Domtar Corporation (Canada), and Sequana (France), which have quite a major presence in the global specialty paper market. The market is competitive, with leading players being involved in the research & development of new specialty paper products and its application.
Get Industry Insights. Simply.
Talk to Ahmad
+1 718 618 4302
This report provides insight into the current market scenario, structure and practices. In depth market scenario includes: - Current market size estimate - Revenues by players - Top 5 Companies - Market ...
According to Stratistics MRC, the Global Specialty Paper market is accounted for $12.4 billion in 2015 and is expected to reach $26.2 billion by 2022 growing at a CAGR of 11.3%. Increasing demand for specialty ...
The Global Specialty Paper Market is poised to grow at a CAGR of around 11.9% over the next decade to reach approximately $37.9 billion by 2025. Some of the prominent trends that the market is witnessing ...