Stone Paper MarketbBy Component (Calcium Carbonate, High-density Polyethylene, and Others), By Application (Labelling Paper, Packaging Paper, Self-Adhesive Paper, and Others), and By Region - Trends, Analysis and Forecast till 2030

Stone paper market accounted for USD 19.94 Billion in 2020 and is estimated to be USD 36.97 Billion by 2030 and is anticipated to register a CAGR of 6.4%.

Stone paper market is progressing its outlook as a result of packaging industries. The growth in packaging industry is attributed due to require for effective labelling and high-quality option, to expand the aesthetics of the packaged product.Stone paper is also known as rock paper. It is highly strong, a kind of extremely durable, and ecofriendly paper. Density range of stone paper is 1.0-1.6, which equals to or more than ordinary paper, and a texture slightly similar to peel of a boiled egg. The stone paper is not recyclable but is compostable and photo degradable under commercial conditions. Stone paper is suitable for packaging, stationery, bags, wrappers, adhesives, containers grease proof paper, and many other applications.

Presence of large number of manufacturers and suppliers

Development of advanced manufacturing techniques for the development of using calcium carbonate and rising investment in R&D is expected to be a key driver promoting growth of the target market. Additionally, growing concerns related to deforestation along with supportive rules promoting the use of an alternative to conventional paper is mainly to drive product demand. The key raw materials used for the production of product include high-density polyethylene (HDPE) and calcium carbonate (CaCO3). The market is widely competitive due to the presence of a large number of manufacturers and suppliers. Key players are undertaking strategies to provide innovative products to expand and sustain their market positions with high-profit margins.

Environmental regulations on mining activities which play a key role in the extraction of calcium carbonate is a key challenged faced by the industry. Further, growing demand for raw materials like HDPE from other industries such as piping and fuel tanks, furniture, and bottles, might affect the availability of the raw material for manufacturing the product over the forecast period.

Stone paper market is segmented based on component, application, and region.

On the basis of component, the stone paper market is segmented calcium carbonate, high-density polyethylene, and others. Based on application, the target market is segmented into labelling paper, packaging paper, self-adhesive paper, and others.

Regional Insights:

Stone paper market accounted for US$ 19.94 billion in 2020 and is estimated to be US$ 36.97 billion by 2030 and is anticipated to register a CAGR of 6.4%. On region the Stone paper market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific led the stone paper market and is expected to maintain its dominance over the forecast period. The presence of suppliers and key manufacturers along with rising investments in R&D for the expansion of alternatives to pulp-based paper, such as stone paper are driving the market growth. Europe estimated for the considerable growth over the forecast period, due to increasing demand from the packaging industry and technological advancements across countries such as France, Russia, UK, and Italy, among others. North America market is projected to register higher growth owing to rising technological advancements in the field of manufacturing the product, combined with support from environmental organizations and governmental. The overall market is anticipated to register considerable growth in the Middle East & Africa region in the coming years, both in terms of revenue as well as volume

Stone Paper Market Report Scope:

Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the stone paper market report based on component, application, and region.

Stone Paper Market, By Region:

• North America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • U.S.
  • Canada

The key players operating in the stone paper market includes Stone Paper Company Ltd., Kapstone Paper, Sòluz Stone Paper S.A., Taiwan Lung Meng Technology Co. Ltd., Gaia-Concept BV, and Packaging Corporation and Parax Paper.

• Stone Paper Company Ltd.
• Kapstone Paper
• Sòluz Stone Paper S.A.
• Taiwan Lung Meng Technology Co. Ltd.
• Gaia-Concept BV
• Packaging Corporation and Parax Paper