Gaya Herald

Specialty Paper Market Size To Hit $36.4 Billion By 2025 Owing To Rising Need For Labeling And Packaging Due To E-Commerce and Food Delivery Services | Million Insights

 Breaking News
  • No posts were found

Specialty Paper Market Size To Hit $36.4 Billion By 2025 Owing To Rising Need For Labeling And Packaging Due To E-Commerce and Food Delivery Services | Million Insights

October 13
07:22 2020
Specialty Paper Market Size To Hit $36.4 Billion By 2025 Owing To Rising Need For Labeling And Packaging Due To E-Commerce and Food Delivery Services | Million Insights

Million Insights – World’s Fastest Growing Market Research Database
According to new report available with Million Insights, the global specialty paper industry is predicted to grow at 4.1% CAGR in the forecast period, providing numerous opportunities for market players to invest in research and development of the market.

The global Specialty Paper Market is estimated to grow with a CAGR of USD 4.1% throughout the forecast period, 2019 to 2025, to reach USD 36.4 billion by 2025, according to a new report released by Million Insights. This growth is attributed to the increasing need for labeling and packaging owing to rising e-commerce and food delivery services.

Rapidly growing e-commerce industry and consumer goods industry are proliferating the demand for such papers. Consumer goods are the most preferred items purchased through e-commerce platforms. Such products require effective packaging and labeling to ensure their safety.

Among different products, Kraft paper is likely to exhibit a CAGR of 5.0% over the forecast period. Increasing food delivery services in emerging countries such as India, China, Indonesia, and Brazil is attributing to the growth of Kraft paper.

To download the sample pdf of Specialty Paper Market Report “Please” click here https://www.millioninsights.com/industry-reports/global-specialty-paper-market/request-sample

The printing and publishing application accounted for the largest market share with 34.7% over the forecast period. However, this segment is showing moderate growth owing to rapidly increasing digitalization across industries. On the other hand, the packaging and labeling segment is projected to grow with a CAGR of 4.0% over the forecast period. Considering this, key players are focusing on investment in this segment. Mondi Group has invested significantly in quality Kraft papers as these papers are widely used across a variety of industrial applications.

Countries such as China, the United States, and Germany are the leaders in paper production and export. Europe tops the chart in paper production owing to the presence of various paper producing countries such as Finland, Germany, and Sweden. European countries together accounted for USD 90.7 billion paper shipment, in 2017. The Asia Pacific, on the other hand, is likely to grow with the highest CAGR throughout the forecast period. Some of the key players in the specialty paper market are Nippon Paper, Robert Wilson Paper Corporation, Griff Paper and Film, Domtar, Stora Enso, Fedrigoni, International Paper and Sappy among others.

To browse report summary & detailed TOC, “please” click the link below:
https://www.millioninsights.com/industry-reports/global-specialty-paper-market

Further key findings from the report suggest:

• The demand for specialty paper was 20.3 million tons in 2018.

• Europe held the largest market share in 2018 in terms of volume and value.

• Décor paper held the largest market share in 2018 with a total share of 32.9%.

• The packaging and labeling segment is likely to exhibit a CAGR of 4.0% throughout the forecast period.

• Among different applications, printing and publishing segment occupied the largest share with 45.5% in terms of value and 34.7% in terms of value.

Million Insights has segmented the global specialty paper market on the basis of product, application, and region:

Specialty Paper Product Outlook (Volume, Million Tons; Revenue, USD Billion, 2015 – 2025)
    • Décor
    • Thermal
    • Carbonless
    • Kraft
    • Others

Specialty Paper Application Outlook (Volume, Million Tons; Revenue, USD Billion, 2015 – 2025)
    • Packaging & Labeling
    • Printing & Publishing
    • Building & Construction
    • Industrial
    • Others

Specialty Paper Regional Outlook (Revenue, USD Billion, 2015 – 2025)
    • North America
        • U.S.
    • Europe
        • Germany
        • U.K
    • Asia Pacific
        • China
        • India
    • Central & South America
    • Middle East & Africa

Read the Latest Press Releases by Million Insights:

• Arbitrary Waveform Generator Market: The global arbitrary waveform generator market estimated to touch USD 557.8 million, by the end of 2025, and is projected to grow at a CAGR of 9.0% over the forecast period. Increasing applications of waveform generators across electronics, education, and healthcare sectors is projected to boost the market growth.

• Cannabis Cultivation Market: The global cannabis cultivation market is anticipated to value USD 358.8 billion until 2027. It is also expected to register a CAGR of 14.3% over the forecasted years, 2020 to 2027. The rising adoption of cannabis for the diagnosis and treatment of chronic diseases and improving legalization across various countries is projected to propel the market growth.

About Million Insights

Million Insights, is a distributor of market research reports, published by premium publishers only. We have a comprehensive market place that will enable you to compare data points, before you make a purchase. Enabling informed buying is our motto and we strive hard to ensure that our clients get to browse through multiple samples, prior to an investment. Service flexibility & the fastest response time are two pillars, on which our business model is founded. Our market research report store, includes in-depth reports, from across various industry verticals, such as healthcare, technology, chemicals, food & beverages, consumer goods, material science & automotive.

Media Contact
Company Name: Million Insights
Contact Person: Ryan Manuel
Email: Send Email
Phone: 91-20-65300184
Address:Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar
City: Pune
State: Maharashtra
Country: India
Website: https://www.millioninsights.com/industry-reports/global-specialty-paper-market


Warning: count(): Parameter must be an array or an object that implements Countable in /home/ghaziabadonline/gayaherald.com/wp-content/themes/legatus-theme/includes/single/post-tags.php on line 5
Share

Categories