The Stone Paper Market is set to witness a higher CAGR in the forthcoming period. A stone paper is a viable element used as potential alternative against paper and polypropylene film. Considering the drastic effect on environment, manufacturers are now emphasizing on “No-wood pulp” and “Zero Pollution” resolutions. Stone paper is photo degradable and can be reused as a plastic.
The stone paper market is highly driven by surge in investments for R&D coupled with positive initiative for deforestation under government support and rise in use of stone paper as an alternative to regular paper. Rise in use of novel techniques for product manufacture and packaging have triggered the demand for stone paper. In addition, development of viable sources for product manufacturing resulting out of regulations for deforestation is likely to propel the market growth in the forecast period.
You Can Also Request Absolutely Free Sample Copy at: https://www.millioninsights.com/industry-reports/stone-paper-market/request-sample
However, challenges such as rise in demand for high-density polyethylene from several industries is likely to impede the market growth during the forecast period. Application segment for stone paper market includes labelling paper, paper packaging and self-adhesive paper. Paper packaging and self-adhesive paper account for a significant market share due to rise in demand.
Geographical segmentation for stone paper market includes North America, Latin America, Europe, Asia-Pacific, Middle East and Africa. Europe is a lucrative market for stone paper, accounting for a higher market share. Asia-Pacific is expected to account for a significant market share in the forecast period due to low costs of production, significant number of manufacturers, and high demand for eco-friendly packaging solutions. Increase in middle class population and rise in disposable income have enabled a high demand for eco-friendly packaging solutions.
The key players in the stone paper industry include Stone Paper Company Ltd, Soluz Stone Paper S.A., Kapstone Paper, Taiwan Lung Meng Technology, Parax Paper Packaging Corporation, Stone Paper Company Ltd., and Gaiakraft.
Want To Access Full Research Report On Global Stone Paper Market? Click Here: https://www.millioninsights.com/industry-reports/stone-paper-market
Market Segment:
Application Outlook (Volume, Kilo tons; Revenue, USD Million; 2013 – 2024)
• Paper packaging
• Labeling paper
• Self-adhesive paper
• Others
Regional Outlook (Volume, Kilo tons; Revenue, USD Million, 2013 – 2024)
• North America
• U.S.
• Rest of North America
• Europe
• UK
• Germany
• Rest of Europe
• Asia Pacific
• China
• India
• Japan
• Rest of Asia Pacific
• Latin America
• Brazil
• Rest of Latin America
• Middle East & Africa
• South Africa
• Rest of Middle East & Africa
Read the Latest Press Releases available with Million Insights:
1. Oil Free Air Compressors Market – https://www.millioninsights.com/press-releases/oil-free-air-compressors-market
2. Player Tracking System Market – https://www.millioninsights.com/press-releases/player-tracking-system-market
About Million Insights
Million Insights, is a distributor of market research reports, published by premium publishers only. We have a comprehensive marketplace that will enable you to compare data points, before you make a purchase. Enabling informed buying is our motto and we strive hard to ensure that our clients get to browse through multiple samples, prior to an investment. Service flexibility & the fastest response time are two pillars, on which our business model is founded. Our market research report store includes in-depth reports, from across various industry verticals, such as healthcare, technology, chemicals, food & beverages, consumer goods, material science & automotive.
For More Information: www.millioninsights.com
Media Contact
Company Name: Million Insights
Contact Person: Ryan Manuel
Email: Send Email
Phone: 91-20-65300184
Address:Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar
City: Pune
State: Maharashtra
Country: India
Website: https://www.millioninsights.com/industry-reports/stone-paper-market