is Segmented by Application Type (Packaging Papers, Labelling Papers, Self-adhesive Papers, and Others) and by Region (North America, Europe, Asia-Pacific, and Rest of the World)
Covid-19 Impact Analysis:
Covid-19 has highly impacted the market dynamics, competition, and supply chain of almost all industries. The revenues have gone down in 2020 and are expected to resume an uptrend gradually from 2021 and continue to grow further. The report covers all the segments that were affected by the pandemic.
According to the report, Stone Paper Market is likely to witness a CAGR of 4.5% during the forecast period. High demand for stone paper owing to its sustainability and aesthetic quality from the paper packaging industry, increasing trend to adopt eco-friendly substitute of conventional paper, bolstering the global trade due to advanced e-commerce platforms are the major factors driving the growth of the market. Moreover, the demand for the product is increasing on account of the changing lifestyle of consumers during the pandemic.
Market Segments' Analysis
Based on the application type, the market is segmented as packaging papers, labelling papers, self-adhesive papers, and others. The packaging papers application type is estimated to account for the major share of the market during the forecast period on account of the rising demand for sustainable materials for packaging applications.
In terms of regions, Asia-Pacific is estimated to be the leading region in the market for stone papers during the forecast period, owing to the rising demand from packaging and paper applications. Furthermore, increasing demand for the product is attributed to its minimal impact on the environment as it does not consume huge amount of water, reduces carbon dioxide emission, and prevents large-scale deforestation activities. Leading markets in the region, such as China, which has a large number of major players, are likely to drive the regional market expansion over the forecast period.
The following are the key players in the Stone Paper Market
· The Stone Paper Company
· Guangzhou Myhome Wallpaper Co. Ltd.
· AM Packaging Company Ltd.
· Shenzhen Stone Paper Enterprise
· Taiwan Longmeng Composite Materials Co. Ltd.
· STP STONE PAPER GmbH
· Stone Paper
· TBM Co. Ltd.
· Pishgaman Sanat Sabz Co.
· Sphera International
Frequently Asked Questions –
This report provides vital information and valuable insights, enabling the users to identify the strategic growth opportunities in the market. The report aims at answering the following key questions:
- What is the current and future market size of Stone Paper Market?
- How has the COVID-19 pandemic impacted the market? How fast is it expected to recover?
- What will be the short and long-term effects of the pandemic?
- How are other market factors affecting the market dynamics?
- Which segments offer high-growth opportunities in the long run?
- How fierce is the Stone Paper Market competition?
- What are the key emerging trends and unmet needs in the present market?
- What are the strategic growth opportunities and key success factors?
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