Stone Paper Market To Expand Industry Growth At USD 1.2 Billion By 2028


 San Francisco, 11 Oct 2021: The Report Stone Paper Market Size, Share & Trends Analysis Report By Application (Packaging Papers, Labeling Papers, Self-adhesive Papers), By Region, And Segment Forecasts, 2020 - 2028

The global stone paper market size is expected to reach USD 1.2 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.8% from 2020 to 2028. 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.

The market is moderately competitive in nature owing to the consolidated presence of stone paper manufacturers across Asia Pacific and Europe. However, the market is highly influenced by trends in the production of limestone which is expected to emerge as an outline for the production of stone paper.

Access Research Report of Stone Paper Market @ https://www.grandviewresearch.com/industry-analysis/stone-paper-market

Stone Paper Market Report Highlights

  • The paper packaging segment is expected to witness the fastest CAGR of 5.5% from 2020 to 2028 in terms of revenue, owing to its sustainable nature and cost-effectiveness
  • The labeling paper application segment is expected to reach USD 213.2 million by 2028, owing to product cost-effectiveness and flexibility, coupled with high demand from the food and beverage sector
  • The market in North America is expected to witness a CAGR of 4.0% in terms of revenue over the forecast period, which can be attributed to increasing investment in research and development activities aiming at developing sustainable products with advanced features
  • Key industry participants are focusing on the introduction of advanced, durable, tear-resistance, and waterproof solutions to conventional papers. For instance, TBM Co., Ltd. under its LIMEX brand produces high-performance masterbatch (HPM) and plastics products made from stone paper used to produce various stationery products and bag carriers

List of Key Players of Stone Paper Market

  • 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

Access Press Release of Stone Paper Market @ https://www.grandviewresearch.com/press-release/global-stone-paper-market

 

Comments

Post a Comment

Popular posts from this blog

Asia Pacific PoC Diagnostics Market Growth Opportunities, Industry Analysis And Forecast: Grand View Research Inc.

Image
San Francisco, 18 March 2020 :  The Report   Asia Pacific PoC Diagnostics Market  Analysis And Segment Forecasts To 2020 The Asia Pacific point of care (PoC) diagnostics market is expected to reach USD 5,427.1 million by 2020, according to a new study by Grand View Research, Inc. Growing base of geriatric population and the ability to render immediate results and improve patient care coupled with rising market penetration of PACS (picture archiving and communication systems) and EMR (electronic medical records) are expected to drive demand over the next six years. Skilled staff shortages, especially pertaining to the field of diagnostics are also expected to accelerate the market penetration rates of PoC products, by expediting lab automation processes. Rising demand for home healthcare and other healthcare establishments catering to the elderly population and initiatives undertaken by governments to shorten hospital stays by establishing out-patient care models are also expect
Read more

U.K. Point Of Sale Software Market To Expand Industry Growth At USD 1.05 Billion By 2028

Image
  San Francisco, 21 Jan 2022:   The Report  U.K. Point Of Sale Software Market  Size, Share & Trends Analysis Report By Application (Fixed POS, Mobile POS), By Deployment, By Organization Size, By End-user, And Segment Forecasts, 2021 - 2028 The global U.K. point of sale software market size is expected to reach USD 1.05 billion by 2028, expanding at a CAGR of 8.1% from 2021 to 2028, according to the new study conducted by Grand View Research, Inc. The integration of a Point-Of-Sale (POS) solution with capabilities such as sales reports monitoring, cash flow recording, product demand analysis, tracking delivery status, and inventory management ensure systematic functioning and upscaling of a business. The adoption of POS software is directly impacted by the demand for POS terminals, which is witnessing growth in demand due to changing lifestyles and government policies. However, the COVID-19 pandemic disrupted the industry's business, wherein retail stores, restaurants, and hot
Read more