: Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast, 2023-2028” provides a deep and thorough evaluation of the GCC stone paper market based on its segments including application and region. The report tracks the latest industry trends and analyses their overall impact on the market. It also evaluates the market dynamics, which cover the key demand and price indicators, and studies the market on the basis of the SWOT and Porter's Five Forces models.
Historical Year: 2017-2022
Base Year: 2022
Forecast Year: 2023-2028
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Stone paper refers to a white-colored paper variant manufactured by combining calcium carbonate (limestone) and high-density polyethylene resin (HDPE). It is also called rock paper, paper from waste marble, and rich mineral paper. Stone paper is recyclable, resistant to grease, fire, and water, non-toxic, safe for packing food, etc. Furthermore, it is an ecologically sustainable substitute for conventional paper as stone paper is obtained from naturally occurring limestone, which limits the dependency on wood. As a result, stone paper finds wide application in manufacturing stationery goods, packaging materials, adhesives, cutlery, wrappers, bags, pharmaceutical envelopes and boxes, etc.
Note: The study incorporates COVID-19's direct market impact as well as the indirect effects of related industries on the GCC stone paper market. These insights are regularly updated by the subject matter experts at Syndicated Analytics.
GCC Stone Paper Industry Trends and Drivers:
The rising environmental concerns towards the depletion of natural timber for paper production, insufficient water resources, and reduced forest cover are primarily driving the GCC stone paper market. Moreover, the escalating utilization of stone paper in the gift packaging sector, owing to its appealing aesthetic appearance, is further propelling the market growth. Besides this, the growing need for eco-friendly and recyclable packaging material is also catalyzing the market for stone paper-based bags, pouches, and boxes. Furthermore, the increasing R&D investments to introduce advanced production techniques by using calcium carbonate and other organic compositions is providing a positive outlook to the market. Additionally, the implementation of several rules and regulations by the government authorities of the GCC region, banning single-use plastic products, is fueling the demand for environment-friendly alternatives, such as stone paper. This, in turn, is anticipated to bolster the GCC stone paper market over the forecasted period.
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GCC Stone Paper Market Segmentation:
The market is segmented in on the basis of application and region.
Segmentation by Application:
Segmentation by Country:
The report also provides insights on the competitive landscape of the GCC stone paper with the leading players profiled in the report.
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