Specialty Papers Market Subjected to Expand Moderately by 2023
Market Research Future (MRFR)
published its latest report Specialty
Papers Market 2020, states that across the review period (2017
and 2023), the global specialty papers market size can touch USD 28.7 Bn by
2023. The customization feature of specialty papers is the prime factor for the
expansion of the speciality paper market. The easy availability of chemicals
that converted normal paper into specialty paper can support its market
expansion. MRFR findings reveals that the world specialty papers market can
thrive at 5.7% CAGR on the conclusion of the assessment period. The prominent
factors that boost the market are rise in the trend of online shopping and high
for specialty paper in the cash rich food & beverages sector.
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On the analysis of the specialty papers market, MRFR designed the report that offers
insights on factors that can affect the expansion of the market. Historical aspects
and forecast revenue are evaluated to predict the market size. On observing the
major players of the market, the report covers the competitive landscape and
contribution of joint ventures. Mergers and acquisitions, research and
developments (R & D), new product developments, and strategic alliances are
studied to estimate the market potential.
Market Segment
The world specialty papers market
segment study is based on raw material, application, and type. The
application-based segments of the specialty papers market are packaging &
labelling, printing and writing, building & construction, industrial, and
others. The raw materials based segments of the specialty papers market are additives,
pulp, fillers & binders, and others. The types based segments of the market
are flexible packaging papers, release liner paper, décor paper, printing
paper, masking tape, and others.
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Regional Analysis
Europe is known to head the world
specialty papers market. The expansion of the F&B sector can prompt the
rise of EU specialty papers market in the study period. Europe is likely to contribute
considerably to the rise of the specialty papers global market revenue. France,
the United Kingdom (UK), Germany, and Spain followed by the rest of Europe are
potential producers of specialty papers. Thus, leading the regional market.
Through 2017 and 2023, the rise
of the specialty papers market in Asia Pacific is expected to be highest. Urbanization
is observed to produce several growth prospects, thus rise in demand for
specialty papers can boost Asia Pacific specialty papers market growth. The specialty
papers market in regions, such as China, South Korea, Japan, Malaysia, and
India, followed by the rest of the APAC region. In North America, the specialty
papers market can rise significantly due to moderate industrialization. Canada
and the United States of America (USA) are leading the regional market. Modern
technologies and firm tech base allow the smooth run of different industries,
plus the high demand for specialty papers can prompt the market growth.
Key Players
MRFR listed key players
functioning in the specialty papers global market. They are Griff Paper and
Film (USA), Domtar Corporation (Canada), Kanzaki Specialty Papers Inc. (USA), International
Paper Company (USA), Munksjo Corporation (Sweden), Mondi Plc (Austria), Robert
Wilson Paper Corporation (USA), Sappi Limited (South Africa), Nippon Paper
Group, Inc. (Japan), and Stora Enso Oyj (Finland) among others. MRFR depended
on industrial expertise, origin, product line, regional branches, and key
innovations to identify these well-established specialty papers dealers. The
report supplies indispensable data on the global market of specialty papers. Powers
that influence the specialty papers market are elaborated and sustained by
effective evidences, along with rational justifications. Key roles played by
marketers that can define the specialty papers market progress are broadly explained
in the report.
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