Specialty Paper Market Overview
Specialty Paper Market was valued at US$ 41.9 Billion in 2024 and is projected to grow at a CAGR of 9.20% to reach US$ 93.3 Billion by 2034.
Specialty papers are paper which is created or coated for specific use. Specialty papers are characterized as unique, small volumes, differentiated product, high margin, cost effective, unique coatings, unique combination of features, etc. Specialty papers are high end, fine paper which can be used for industrial purposes, stationery, invitations, paper craft, packaging, etc. Specialty papers are made up of 100% deinked pulp, 90-100% virgin chemical pulp, and 10-15% of total content of pigment. There are different types of paper like copy & copier paper, book paper, blotting paper, bond paper, acid-free paper, box covering & lining paper, artist paper, business card & business form paper, etc. Décor or decorative papers are specialty papers which are used for creating quality finishes on wooden materials. Décor papers are used for flooring, furniture surfaces, and paneling. Uncoated papers are simple and unprocessed papers which are made up of pure cellulose and no use of chemical treatments. Specialty papers are produced by old commodity mills, specialty paper mills, and small paper converters. Papers become specialized when coating is added to it. Process of specialty paper takes more time due to finding correct combination of adhesives and papers, to get sample from suppliers, trialing of sample, negotiating order quantities which takes several months to years. Glossy papers are designed for presenting ultra-smooth to shiny appearance. Glossy paper are used in advertising, brochures, flyers, photographic printing, one sheets, and other presentation documents. Specialty printing uses UV coatings, embossing, foil stamping, which creates stunning memorable ads by using state of art printing equipment. Epson specialty papers are composed of 4 to 8 layers per sheet. These layers help in absorbing ink, locking vibrant colors which gives superior quality and instant dry prints. Matte specialty paper is resistant to smudging, produces no glare, and makes it durable. Paper are categorized according to production methods like handmade, mold-made and machine made. However, rising adoption of specialty paper in various sectors like food industries, personal care products, has fuelled the target market growth.
Specialty Paper Market Dynamics
Rising adoption of specialty papers in personal care, food & beverage, and other industries, disposable income and rate of urbanization
Rising adoption of specialty papers in cosmetics, food & beverage, and other industries is one of the leading factors for the Specialty Paper Market growth. As personal care products are in demand use of specialty paper is increasing widely for packaging the product. Due to rate of urbanization people living in urban areas are giving preference for ready to cook & ready to eat food. Increase in online delivery of food from hotels, restaurants due to busy lifestyle, fast and convenient food has increased the demand for packaging. Specialty papers are used in packaging and are high in demand due to its attractiveness and thus can boost the target market growth. Moreover, increasing population and change in lifestyle of people which owes to packed food, packed products, grocery products, is one of the driving factors for the specialty papers market. Urbanization has given rise in disposable income which allows individual to purchase high quality of packaging products. Increase in consumption of packaging by food industries has fuelled the market growth. According to news published by (usda.gov) 2021, mention that many Americans live their busy lives and didn’t have enough time to prepare their own food for them and their families which leads to purchase convenience food from hotels, restaurants, packed frozen food which saves time and preparation of food. According to data published by United Nations in 2018, about 55% of the world’s population resided in urban areas, and it is projected that this percentage will increase over the forecast period. However, rising adoption of specialty papers in personal care, food & beverage, and other industries, growth in disposable income and population in urban areas boosts the demand for specialty paper market.
Restrains:
However, specialty paper takes more time for processing which may somewhat restrain the target market growth.
Specialty Paper Market Segmentation
Specialty Paper Market is segmented based on product type, raw material, end-users and region.
Product Type Insight
On the basis of Product Type, Specialty Paper Market is segmented into Decor, Kraft, Thermal, Label Papers, and others. Kraft has dominated the target market growth because it is highly recyclable, better than plastics, etc. Kraft specialty papers are strong, durable, & reliable which are used in palette lining, economical void fill, and wrapping products for protection.
Raw Material Insights
On the basis of Raw Material, Specialty Paper Market is segmented into Additives, Pulp, Fillers & Binders, and others. Pulp has dominated the target market growth because it is biodegradable and renewable raw material which is made from trees. Pulp has become the most versatile raw material, sustainable, reliable & secure than plastics. Paper printouts, envelopes, cardboards, baby wipes, diapers, shoes, filters, food castings, LCD screens, napkins, tissues, toilet rolls, paper cups, labels, stickers, binding agents in pharmaceuticals & food, etc., are made from pulp.
End-Users Insights
On the basis of End-Users, Specialty Paper Market is segmented into Packaging, Printing, Food Service, Construction, and others. Food Service has dominated the target market growth because specialty papers offers pH levels, higher moisture retention and hygiene which are suitable for packaging of food material. As processed and packed food are high in demand food industries has boosts the target market growth.
Regional Insights:
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
On region the Specialty Paper Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Europe market is estimated to witness a significantly high revenue share over the forecast period, owing to growing population, especially in countries such as Europe and Asia Pacific, and technological advancements. Moreover, rising demand of matte properties of products, presence of major key players, presence of large number of paper & pulp mills, is anticipated to increase demand for Specialty Paper in the region.
Report Scope:
|
Attribute |
Details |
|
Base year for estimation |
2023 |
|
Forecast period |
2024 – 2034 |
|
Market representation |
Revenue in USD Billion & CAGR from 2024 to 2034 |
|
Market Segmentation |
By Product Type - Decor, Kraft, Thermal, Label Papers, and others By Raw Material - Additives, Pulp, Fillers & Binders, and others By End-Users - Packaging, Printing, Food Service, Construction, and others |
|
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
|
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
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 2022 to 2032. For the purpose of this study, has segmented the Specialty Paper Market report based on product type, raw material, end-users and region:
Specialty Paper Market, By Product Type:
- Décor
- Kraft
- Thermal
- Label Papers
- Others
Specialty Paper Market, By Raw Material:
- Additives
- Pulp
- Fillers & Binders
- Others
Specialty Paper Market, By End-Users:
- Packaging
- Printing
- Food Service
- Construction
- Others
Specialty Paper Market, By Region:
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-
- North America
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- U.S.
- Canada
-
- Europe
-
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
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- Asia Pacific
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- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
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- Latin America
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- Brazil
- Mexico
- Rest of Latin America
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- Middle East & Africa
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- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
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- North America
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Specialty Paper Market Key Players
The key players operating the Specialty Paper Market includes,
- UPM-Kymmene Oyj
UPM-Kymmene Oyj was founded in 1996, which is headquartered in Helsinki, Finland. UPM is a Finnish forest industry company. UPM offer products in various sectors like fibres, raflatac, specialty papers, energy, plywood, communication papers, etc. UPM offers paper, pulp, sawn, plywood, timber, composites, labels, biochemical, biofuels and bioenergy.
- Domtar Corporation
Domtar Corporation, is the private company of paper & products which is headquartered in Fort Mill, South Carolina. Domtar Corporation, is an American company. Domtar Corporation is the manufacturer and marketer of pulp product, and wood-fiber based paper product.
- Nippon Paper Industries Co. Ltd.
Nippon Paper Industries Co. Ltd., was founded in 1949, which is a public company headquartered in Tokyo, Japan. Nippon Paper Industries Co. Ltd., is the Japanese paper manufacturing company. Nippon offer products like specialty papers, paperboard, chemicals, household paper products, functional films, logs & lumber.
- International Paper Company
International Paper Company was founded in 1898, which is a public company headquartered in Memphis, Tennessee, U.S. International Paper Company is the American paper & pulp company. International Paper Company has become the largest company in the world.
- Sappi Ltd.
Sappi Ltd., was founded in 1936, which is a public company headquartered in Johannesburg, South Africa. Sappi Ltd., is the South African paper & pulp company. Sappi is the producer and seller of pulp, commodity paper products, dissolving pulp, timber and forest products, etc.
- Robert Wilson Paper Corporation
Robert Wilson Paper Corporation is the custom manufacturer, converter & distributor of paperboards and unusual specialty papers. The company offers specialty papers to printers, designers, artisans, converters, & creative marketing professionals, etc. Robert Wilson Paper also offers expertly curated selection of papers with an expanded range of functional & aesthetic properties.
- Stora Enso Oyj
Stora Enso was founded in 1998, which is headquartered in Helsinki, Finland. Stora Enso is the manufacturer of paper, pulp and other forest products. Stora Enso offer products in paper, wooden construction, biomaterials, packaging materials, etc.
- WestRock Company
WestRock Company, was founded in 2015, which is a public company headquartered in Sandy Springs, Georgia, U.S. WestRock Company, is the American corrugated packaging company and world’s largest paper & packaging company.
- Fedrigoni Holding Limited
Fedrigoni Holding Limited, was founded in 1888, which is a public company headquartered in Verona, Italy. Fedrigoni Holding Limited, has become the larger paper manufacturer in Italy. The company offers specialty paper products.
- Smurfit Kappa Group plc.
Smurfit Kappa Group plc., was founded in 1934, which is a public company headquartered in Dublin, Ireland. Smurfit Kappa Group is the European leading corrugated packaging company. Smurfit Kappa Group has become the leading paper-based packaging company in the world. Smurfit Kappa Group is the manufacturer of paper-based packaging with recycling, paper network and forestry operations.
- Kruger Inc.
Kruger Inc., was founded in 1904, which is headquartered in Montreal, Quebec, Canada. Kruger is the Canadian company. Kruger is the manufacturer of publication papers, wood products, lumber, tissues, wines and spirits, green & renewable energy, and corrugated cartons from recycled fibers.
Recent Development:
- In June 2022, UPM Specialty Papers has launched ‘Solide Lucent’ which is recyclable, compostable, fiber- based, high barrier kraft paper suitable for coating base, lamination in manufacturing of bags, single packs and wraps. Newly launched ‘Solide Lucent’ is a unique, with sustainable image, excellent print results with flexo & rotogravure printing.
- In June 2022, Stora Enso Oyj has launched new premium white top kraftliner for fulfilling the demand of packaging end-users. Newly launched 100% virgin fiber-based kraftliner, AvantForte White Top is available commercially and can be used in e-commerce, fresh food and shelf ready packaging. The newly launched product has excellent visual appearance and best print qualities which will help brand owners to enhance the packaging experience of consumers.
- In November 2022, Fedrigoni has launched new self-adhesive papers from alternative fibers. Newly launched specialty paper is an ideal paper for creating high-end labels in gourmet food, wine and cosmetic sectors. Newly launched specialty paper is driven by search of natural fibers as alternative to cellulose pulp. This newly launched specialty paper has unique look and offer innovative to designers and producers.
Specialty Paper Market Company Profile
- UPM-Kymmene Oyj*
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Domtar Corporation
- Nippon Paper Industries Co. Ltd.
- International Paper Company
- Sappi Ltd.
- Robert Wilson Paper Corporation
- Stora Enso Oyj*
- WestRock Company
- Fedrigoni Holding Limited*
- Smurfit Kappa Group plc.
- Kruger Inc.
“*” marked represents similar segmentation in other categories in the respective section
Specialty Paper Market Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Purview
- Executive Summary
- Key Findings—Global Outlook for medical carts Strategies
- Key Questions this Study will Answer
- Market Snippet, By Product Type
- Market Snippet, By Raw Material
- Market Snippet, By End-Users
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restrains
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Specialty Paper Market, By Product Type
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
- Y-o-Y Growth Analysis (%), 2022 – 2032
- Segment Trends
- Decor
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Kraft
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Thermal
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Label Papers
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Others
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Overview
- Specialty Paper Market, By Raw Material, 2022 – 2032, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
- Y-o-Y Growth Analysis (%), 2022 – 2032
- Segment Trends
- Additives
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Pulp
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Fillers & Binders
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Others
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Overview
- Specialty Paper Market, By End-Users, 2022 – 2032, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
- Y-o-Y Growth Analysis (%), 2022 – 2032
- Segment Trends
- Packaging
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Printing
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Food Service
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Construction
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Others
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Overview
- Specialty Paper Market, By Region, 2022 – 2032, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
- Y-o-Y Growth Analysis (%), 2022 – 2032
- Regional Trends
- North America
- Market Size and Forecast (US$ Bn), By Product Type, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Raw Material, 2022 – 2032
- Market Size and Forecast (US$ Bn), By End-Users, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Bn), By Product Type, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Raw Material, 2022 – 2032
- Market Size and Forecast (US$ Bn), By End-Users, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Bn), By Product Type, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Raw Material, 2022 – 2032
- Market Size and Forecast (US$ Bn), By End-Users, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Overview
-
- Latin America
- Market Size and Forecast (US$ Bn), By Product Type, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Raw Material, 2022 – 2032
- Market Size and Forecast (US$ Bn), By End-Users, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Country, 2022 – 203
- Latin America
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-
-
- Brazil
- Mexico
- Rest of Latin America
-
- Middle East & Africa
- Market Size and Forecast (US$ Bn), By Product Type, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Raw Material, 2022 – 2032
- Market Size and Forecast (US$ Bn), By End-Users, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
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- GCC
- Israel
- South Africa
- Rest of Middle East
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- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
- UPM-Kymmene Oyj
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Domtar Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Nippon Paper Industries Co. Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- International Paper Company
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Sappi Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Robert Wilson Paper Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Stora Enso Oyj
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- WestRock Company
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Fedrigoni Holding Limited
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Smurfit Kappa Group plc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Kruger Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- The Last Word
- Future Impact
- About Us
- Contact
FAQs
The Specialty Paper Market is segmented into product type, raw material, end-users, and region.
Specialty Paper Market is driven by factors like rising adoption of specialty papers in personal care, food & beverage, and other industries, disposable income and rate of urbanization.
By region, the Specialty Paper market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Europe market is estimated to witness a significantly high revenue share over the forecast period, owing to growing population, especially in countries such as Europe and Asia Pacific, and technological advancements.
The key players operating the Specialty Paper Market includes, UPM-Kymmene Oyj, Domtar Corporation, Nippon Paper Industries Co. Ltd., International Paper Company, Sappi Ltd., Robert Wilson Paper Corporation, Stora Enso Oyj, WestRock Company, Fedrigoni Holding Limited, Smurfit Kappa Group plc., Kruger Inc., and others.