Stratview Research has published a new report on the Stone Paper Market, 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).
This market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the global artificial intelligence as a service market.
Market Highlights
Stone Paper Market is likely to witness a CAGR of 4.87% 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.
Covid Impact
Covid-19 has impacted the market dynamics, competition, and global supply chain of every possible market one can think of. The revenues for many, have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operations and strategy will sustain and beat the competition.
Segmentation –
This report studies the Stone Paper Market and has segmented the market in a few ways, keeping in mind the concentration of all the stakeholders across the value chain. Following are the ways in which the market has been segmented in the report:
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.
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
· Kapstone
· Taiwan Longmeng Composite Materials Co. Ltd.
· STP STONE PAPER GmbH
· Stone Paper
· TBM Co. Ltd.
· Pishgaman Sanat Sabz Co.
· Sphera International
· Anydesignsri.
To know more about the covid impact on the market, click here: https://www.stratviewresearch.com/Request-Sample/2431/Stone-Paper-Market.html#form
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