Specialty Paper Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Specialty Paper Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Market Overview:

The global specialty paper market size reached 34.2 Billion Metric Tons in 2022. Looking forward, IMARC Group expects the market to reach 42.8 Billion Metric Tons by 2028, exhibiting a growth rate (CAGR) of 3.9% during 2023-2028.

Specialty paper refers to a special grade of paper which possesses specific properties and characteristics. It is designed for particular uses such as printing currency notes, packing beverages, water filtration, etc. For instance, thermal paper, a kind of specialty paper, has a coating on it which provides a clear and high-definition image when exposed to heat. Owing to its properties, specialty paper finds applications in diverse industries including healthcare, construction, packaging and labelling, retail, and laundry care.

Specialty paper provides enhanced moisture retention, pH levels and hygiene which makes it suitable as a packaging material in sectors such as food and beverage, lifestyle and cosmetics. In addition, rising disposable incomes have resulted in an increase in the demand for high-quality packaging material, thereby boosting the market growth. Apart from this, busy lifestyles have increased the consumption of instant tea premix sachets which are made from specialty paper. Further, specialty paper is used in the production of masking tapes which are used to mask off walls and doorframes. Growth in the construction industry, especially in the emerging regions, has also stimulated the demand for masking tape, in turn, driving the market growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global specialty paper market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on type, raw material and application.

Breakup by Type:

Label and Release Papers
Printing Papers
Flexible Packaging Papers
Rolling Papers
Décor Papers
Banknotes and Security Papers
Others

Based on the type, the market has been segmented into label and release papers, printing papers, flexible packaging papers, rolling papers, décor papers, banknotes and security papers, and others. Out of these, label and release papers currently account for the majority of the global market.

Breakup by Raw Material:

Pulp
Fillers and Binders
Additives
Coatings
Others

On the basis of raw material, the market has been divided into pulp, fillers and binders, additives, coatings and others.

Breakup by Application:

Packaging and Labeling
Printing and Writing
Industrial Use
Building and Construction
Food Service
Others

The market has also been segmented on the basis of application. Packaging and labelling dominates the market.

Breakup by Region:

Europe
Asia-Pacific
North America
Latin America
Middle East and Africa

Region-wise, the market has been segmented into Europe, Asia Pacific, North America, Middle East and Africa, and Latin America.

Competitive Landscape:

The competitive landscape of the market has also been examined with some of the key players being International Paper Company, Stora Enso, Nippon Paper Group, Inc, Mondi PLC., Sappi Ltd., ITC Ltd., Domtar Corporation, Glatfelter, Fedrigoni and Munksjo Group.

This report provides a deep insight into the global specialty paper market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the specialty paper industry in any manner.

Key Questions Answered in This Report:

What was the size of the global specialty paper market in 2022?

What is the expected growth rate of the global specialty paper market during 2023-2028?

What has been the impact of COVID-19 on the global specialty paper market?

What are the key factors driving the global specialty paper market?

What is the breakup of the global specialty paper market based on the type?

What is the breakup of the global specialty paper market based on the raw material?

What is the breakup of the global specialty paper market based on the application?

What are the key regions in the global specialty paper market?

Who are the key players/companies in the global specialty paper market?