Growing demand for specialty papers by the food & beverages sector spells growth for the Global Specialty Papers Market with 5.7% CAGR

Pune, India, September, 2018 /press release/- Market Research Future Published a Half-Cooked Research Report on Specialty Papers Market Research Report.

Specialty papers have special characteristics and properties because they are designed for specific purpose and certain end user. Sometimes, normal paper is converted into specialty paper via chemicals. Market Research Future (MRFR) has published a research report about the global specialty papers market that expects growth with 5.2% CAGR (Compound Annual Growth Rate) for this market between 2022 and 2030. In terms of cash, the market is expected to grow with US $ 61.71 Billion by the end of forecast period.

Analyzing the market structure, this report offers insights into factors affecting the market growth. Providing the historical and forecast revenue, it evaluates market size. Observing the key players in the market, this report covers and observes their competitive developments that include joint ventures, mergers and acquisitions, new product developments, research and developments (R & D), and strategic alliances. The key factors that drive this market include the growing trend of the online shopping worldwide and growing demand for specialty paper from food & beverages sector.

The global specialty papers market has been segmented on the basis of application, raw material, type, and lastly, region. As per application-based segmentation, this market has been segmented on the basis of building & construction, industrial, packaging & labeling, printing & writing, and others. On the basis of raw materials, the market has been segmented into additives, fillers & binders, pulp, and others. By types, the market has been segmented into décor paper, flexible packaging papers, masking tape, printing paper, release liner paper, and others.

The regional segmentation of the global specialty papers market segments the market into regional markets namely North America, Europe, Asia Pacific, and the rest of the world (RoW). Europe is the largest regional market for specialty papers, mainly due to growth in the food & beverages sector. During the forecast period, Europe is expected to contribute significantly to the global market revenue. The most important country-based markets in this region include France, Germany, Spain and the United Kingdom (UK), followed by the rest of Europe.

Between 2017 and 2023, the growth with the fastest pace is expected for the Asia Pacific  market. Growth in urbanization in this region is the primary reason for the increase in the demand for specialty papers market. The significant country-based markets in this region are China, India, and Japan, followed by the rest of the Asia Pacific region. North America market is significant due to steady industrialization. The primary country-based markets in this region are the United States of America (USA) and Canada.

Key Players

The key players in the global specialty papers market include Domtar Corporation (Canada), Griff Paper and Film (USA), International Paper Company (USA), Kanzaki Specialty Papers Inc. (USA), Mondi Plc (Austria), Munksjo Corporation (Sweden), Nippon Paper Group, Inc. (Japan), Robert Wilson Paper Corporation (USA), Sappi Limited (South Africa), and Stora Enso Oyj (Finland).

Latest Industry News

• Earlier known as Idempapers, the Virginal Paper has resumed production under new management after months of downtime. The mill had to file for insolvency last year and was idle for over a year. 29 AUG 2018


• Glatfelter has entered into a definitive agreement to sell its Specialty Papers Business Unit (“SPBU”) on a cash free and debt free basis to Lindsay Goldberg (the “Purchaser”) for a total sale price of $360 mn. 21 AUG 2018

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