Specialty Paper Market Size, Share, Forecasts Analysis, Company Profiles, Competitive Landscape and Key Regions 2029

The global specialty paper market size is expected to witness elevated growth owing to the increasing number of online shopping portals and rising home deliveries during the forecast period. This information is provided by Fortune Business Insights™, in its report, titled, “Specialty Paper Market, 2022-2029.” Also, factors such as increasing digitization will increase the footprint of the market.

COVID-19 Impact

Lockdowns & Disrupted Supply Chains to Reduce Market Share During Pandemic

The ongoing pandemic created financial ripples for the market of specialty paper during the intended forecast. Disrupted supply chains & logistics and a shattered transport sector led to a decrease of the market volume exponentially at the beginning of the pandemic. Reduced operations from dependent industries such as packaging, building & construction led to a decrease in sales. Players in the sector were also allowed to continue operations after a brief shutdown period with a less-than-optimal workforce, leading to a slow revival of the market.

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Fortune Business Insights™ lists out all the specialty paper market companies that are presently striving to reduce the impact of the Covid-19 pandemic on the market:

• UPM-Kymmene Oyj (Finland)
• Glatfelter Corporation (U.S.)
• Mondi (U.K.)
• Domtar Corporation (U.S.)
• Stora Enso (Finland)
• International Paper (U.S.)
• Ahlstrom-Munksjo (Finland)
• Sappi Ltd. (South Africa)
• Nippon Paper Industries CO. LTD. (Japan)
• Robert Wilson Paper Corporation (U.S.)

Report Coverage

The market report for the specialty paper consists of a quantitative & qualitative analysis of the market by integrating critical factors such as leading companies, types of products, and the leading region for every segment. Additionally, factors such as future market trends and ongoing industry developments are noted. Also, factors that are expected to impact the market in a meaningful way are noted in the report.

Drivers & Restraints

Expanding Packaging Industry to Boost Sales of Market During Forecast

Factors such as increasing residential and commercial housing facilities triggering an increase in consumption rate and a rocketing packaging sector will boost the specialty paper market growth during the forecast period. Additionally, increasing demand for online shopping activities and rising requirements from hospitals & pharmacies for specialty label papers will drive the growth of the market. Also, rising digitization activities will push the boundaries of the existing market towards a new horizon.

However, stricter government regulations regarding the limited use of wood material are expected to limit the growth of the market during the forecast period. Additionally, increasing occurrences of uncertain environmental threats including heavy rains & fire in the mills will further restraint the growth of the market.

Regional Insights

Europe Witnesses Largest Market Share due to Large Production Capacity

The market in Europe is expected to occupy the largest specialty paper market share during the forecast period owing to a large production capacity in the region along with the increasing packaging paper sector. Additionally, increasing urbanization & globalization rates among the general population will increase the footprint of the market during the forecast period.

The Asia Pacific will hold considerable market share during the forecast period owing to increasing infrastructural facilities regarding pharmacy stores in emerging economies including India & China. Also, the increasing trend of home decoration will push the boundary of the market towards a larger horizon.

Segments

Based on product type, the market can be divided into packaging papers, décor papers, labelling papers, office papers, and others.

By material, the market can be broken down into natural material & recycled material.

With respect to distribution channel, the market can be segmented across specialty retails, online stores, and others.

In terms of geography, the market can be categorized into North America, Europe, Asia Pacific, South America, and the Middle East & Africa.

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Specialty Paper Market Size Highlights of the Report:

• Market Penetration: Comprehensive information on the product portfolios of the top players in the Specialty Paper market.
• Product Development/Innovation: Detailed insights on the upcoming technologies, RandD activities, and product launches in the market
• Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market
• Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
• Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Specialty Paper market

The Global Specialty Paper Market Research/Analysis Report Contains Answers to your following questions:

• Which Manufacturing Technology is used for Specialty Paper? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
• Who Are the Global Key Players in This Specialty Paper Market? What are Their Company Profile, Their Product Information, and Contact Information?
• What Was Global Market Status of Specialty Paper Market? What Was Capacity, Production Value, Cost and PROFIT of Specialty Paper Market?
• What Is Current Market Status of Specialty Paper Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of Specialty Paper Market Trends by Taking Applications and Types in Consideration?
• What Are Projections of Global Specialty Paper Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?
• What Is Specialty Paper Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
• What Is Economic Impact On Specialty Paper Industry? What are Global Specialty Paper Analysis Results? What Are Global Specialty Paper Development Trends?
• What Are Market Dynamics of Specialty Paper Market? What Are Challenges and Opportunities?
• What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Specialty Paper Industry?

Competitive Landscape

Accelerated Product Development & Mergers & Acquisitions to Push Players Towards Dominance

The sector of specialty paper comprises various big and small players, which divides the market into a highly competitive place. Players are focused on integrating strategic tactics such as mergers & acquisitions, increasing investments towards R&D activities, partnerships & agreements, joint ventures, and introducing novel products to expand their market share. For example, in May 2021, UPM-Kymmene Oyj launched their latest product under their specialty paper range, namely, UPM Asendo Pro. UPM Asendo Pro is an advanced fiber-based barrier paper that is expected to serve a wider range of applications. Others are focused on expanding their consumer base by increasing their presence across various regions simultaneously.

Industry Development

• February 2020: Resolute Forest Products Inc. announced acquiring three U.S.-based sawmills from Conifex Timber Inc. in order to scale their capacity of producing specialty paper.

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