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According to a market report by Lucintel, the future of the specialty paper market looks promising with opportunities in the packaging & labeling, printing & publishing, building & construction, and industrial applications. The global specialty paper market is expected to reach an estimated $35.6 billion by 2028 with a CAGR of 5.4% from 2023 to 2028. The major drivers for this market are growing use of these papers for packaging and packed foods, e-commerce activities, roofing and flooring and increasing interest in eco-friendly goods that reduce post-consumer waste.



In this market, décor, thermal, carbonless, and kraft are the major product segments. Lucintel forecasts that kraft is expected to witness the highest growth over the forecast period due to its growing use owing to its porosity, flexibility, printability, and durability characteristics.



Within this market, packaging & labeling is expected to remain the largest application segment due to the significant usage of specialty paper in currency, security papers, cheque paper, and postage stamp.

Europe will remain the largest region due to the growing online shopping activities that drives the demand for specialized paper-based packaging and protected product delivery and presence of major food manufacturers in the region.



Domtar, Glatfelter, Mondi, Sappi, Fedrigoni, and International Paper Company are the major suppliers in the global specialty paper market.  



Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global specialty paper market by product, application, and region. Lucintel has compiled a comprehensive research report entitled “Growth Opportunities in the Global Specialty Paper Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global specialty paper market by product, application, and region, as follows:

 


Specialty Paper Market by Product [Value ($B) Shipment Analysis from 2017 to 2028]:




  • Décor


  • Thermal


  • Carbonless


  • Kraft


  • Others



Specialty Paper Market by Application [Value ($B) Shipment Analysis from 2017 to 2028]:




  • Packaging & Labeling


  • Printing & Publishing


  • Building & Construction


  • Industrial


  • Others



Specialty Paper Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:




  • North America


  • Europe


  • Asia Pacific


  • The Rest of the World



This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or email us at helpdesk@lucintel.com.

 


About Lucintel



Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. Lucintel offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

 


This report answers the following 11 key questions:



Q.1. What are some of the most promising, high-growth opportunities for the specialty paper market by product (décor, thermal, carbonless, kraft, and others), application (packaging & labeling, printing & publishing, building & construction, industrial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last five years and what has its impact been on the industry?