Stone Paper Market Revenue, Region & Country Share, Trends, Growth Analysis Till 2028

The global Stone Paper Market is expected to reach USD 26.53 Billion by 2028, according to a new report by Reports and Data. This can mainly be associated with the growing packaging and labeling industries. Moreover, the emergence of e-commerce, owing to the penetration of the internet will also fuel the growth of the market. Increasing concerns regarding deforestation are giving way to innovations and advancements in the paper and pulp industry.

Stone papers have a wide range of properties, including resistance to water & tear, durable, smooth texture, printable, grain free, and burns cleanly with no toxic fumes disbursed into the air. Stone paper can be used in disposable daily necessities, such as garbage bags, shopping bags, lunch boxes, foot gloves, tablecloths, raincoats, and dustproof covers, among others. It can also be used as cultural paper, such as printing paper, writing paper, advertising & decoration paper, forest paper, and newsprint paper, among others. It can also be used for industrial packaging and labeling.

The increasing investment in R&D for the development of advanced manufacturing techniques using calcium carbonate and other similar organic compounds is expected to be a key driver promoting the growth of the market.

Key participants include:

 Shenzhen Stone Paper, TETHIA Group, Taiwan Lung Meng, Panjiang Dragon, The Stone Paper, Mobile Internet, Shanxi Uni-moom, KISC, Liaoning Shenmei, TBM, STP, and Parax Paper, among others.

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Further key findings from the report suggest:

The market is segmented on the basis of product type into rich mineral paper double coated stone paper (RPD) and rich mineral board double coated stone paper (RBD)

The powder segment dominated with ~40% of the market share in 2020.

The market is segmented on the basis of material used into calcium carbonate and high-density polyethylene [HDPE].

The calcium carbonate segment dominated with ~60% of the market share in 2020.

The key challenge faced by the industry is the extraction of calcium carbonate, due to the environmental regulations on mining activities in many regions. This may hinder the growth of the segment.

The market is segmented on the basis of distribution channel into direct sales, online and retail sales.

The market is segmented on the basis of applications into paper packaging, labeling paper, and self-adhesive paper.

The self-adhesive paper segment is anticipated to witness the highest growth rate of 5.0% during the forecast period, attributed to the rising consumer awareness regarding deforestation and use of plastics, globally.

The market is segmented on the basis of geography into North America, Europe, Asia Pacific, Latin America, and MEA.

The North American market is expected to witness the highest growth rate of 5.7% during the forecast period. The growth is mainly due to the increasing technological advancements in the stone paper manufacturing industry, coupled with stringent regulations by the government concerning the environment and the use of plastic and pulp-paper.

The companies have adopted various strategies including mergers, acquisitions, and partnerships to hold ongoing trails and come up with new developments in the market.

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Major selling points of this research report:

Gives the reader a holistic comprehension of the global market

Identifies the recent trends and estimated growth rate for the forecast duration

Helps industry experts, investors, and other participants implement lucrative expansion approaches

Provides accurate market insights to take informed decisions through presentations and other tools

Outlines the competitive landscapes with the individual market share of top vendors

The report emphasizes the following key questions

Q.1. What are the most lucrative and promising growth prospects for the market?

Q.2. Which sectors are expected to deliver a high growth rate and which industry aspects come into play in this advancement?

Q.3. Which geographies are estimated to exhibit the highest growth and the underlying causes?

Q.4. Which factors are impacting the future of the market and what are the driving factors?

Q.5. What are the hurdles and challenges curtailing the industry’s growth in the forecast period?

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