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Global Specialty Paper Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

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    Report

  • 199 Pages
  • June 2022
  • Region: Global
  • Mordor Intelligence
  • ID: 5617206
The Global Specialty Paper Market is expected to reach USD 1,275.06 billion by 2027, registering a CAGR of 7.1% during 2022-2027. In the Foodservice industry, specialty papers are increasingly being used for carryout boxes, carryout bags, paper tubes, paper plates, cups. They provide good barrier performance, high wet strength, excellent flexibility, print-ability, and increases the shelf life of a product and also enables seamless transportation handling.

Key Highlights

  • Specialty papers attractive features like non-reactance, high-quality, waterproof, temperature resistance, and lightweight have increased their demand in packaging industries. The surging trend of interior designing across the globe increased the sales of specialty papers in the packaging and e-commerce Industry.
  • Krafts papers are used extensively for self-adhesive roofing and flooring, and release liners are used to install and transport materials. The paper needs to be durable enough to hold heavy construction materials and must be easily removed during installation. These can be achieved using specialty papers like Kraft paper, with growing trends in constructional projects speciality paper market seems to to be a major part of the industry.
  • The molecular structure of specialty paper is effective in developing new product variants customized to the requirement of users including biodegradable options. Also, nanomaterials in specialty papers make it suitable for several by-products, all these properties of speciality papers malkes one of the favourite option for several end users.
  • The rising trends of using eco-friendly products and increased cost of specialty papers seems to impact the market for example use of Post-Consumer Waste most common alternative to virgin paper. This type of paper is made from a high percentage of post-consumer waste - those paper items that into the recycling bin. it keeps paper out of landfills, reduces the number of trees used, and it also saves energy.
  • The specialty paper market has been moderately affected by SARS-CoV-2 infections. In the first half of the COVID period, the market was negatively affected by movement restrictions, stringent lockdown norms, and a reduced workforce. However, the rising e-commerce industry and increased packaged food consumption during the 2nd half of the outbreak increased the sales of specialty papers worldwide.

Key Market Trends


Packaging & Labelling holds the major market share

  • Specialty papers for the medical industry need to be contamination-free and lightweight. With the recent trends of more sophisticated packaging requirements in the pharmaceutical industry use of specialty, papers will provide solutions to challenges like contamination-free packaging and more attractive and visible labeling.
  • The use of specialty papers while packaging parts of any equipment, they are covered in a specific, protecting oil and then wrapped in paper. Kraft paper can be used to protect the parts in the packaging and keep the oil from getting all over the box.
  • For Instance, BIOCARBON LAMINATES supplying the UK’s First Carbon Neutral Laminate. The BioCarbon Laminates range has received recognition of Environmental Product Declaration (EPD and environmental performance through a Life Cycle Analysis (LCA).
  • The decorative laminate also provides the security of Anti-Microbial protection for hygiene sensitive areas in industries such as hospitality, healthcare, locker rooms, washrooms, Leisure facilities, commercial interiors, educational and retail.
  • Cepi member countries’ paper and board production increased by around 5.0% to 5.8% in 2021 compared to the previous year. Total production in 2021 reached 90.2 million tonnes, with an increase reported in almost all paper and board grades.


Europe Accounted to Hold the Major Market Share

  • As per the report published by the Coalition for Epidemic Preparedness Innovations (CEPI), the production of packaging grades is approximately increased by 7.1% in FY 2021 compared to FY2020 reaching the highest level ever in Europe. Within packaging grades, case materials - mainly used for transport packaging and corrugated boxes, increased by upward trends in the e-commerce industry recorded an increase of 7.8%.
  • The wrapping grades used for paper bag production - increased by 11.7% and benefited from substitution effects resulting from the EU-backed phase-out of plastic packaging.
  • The output of carton boards, mainly used for retail packaging increased by 4.1%. The share of packaging grades accounted for 58.7% in FY 2021 of the total paper and board production, with graphic grades 27.8% . The output of all other paper and board rates - mainly for particular and industrial purposes- up by 9.6%, with a share of 4.8% of total paper and board production (source: CEPI).
  • Preliminary indications show that imports of paper and board into the Cepi area increased by around 1.5% in FY 2021, primarily increasing volumes from other European countries by 21.8%. Other European countries account for 50.0% of all European imports.
  • The production of pulp (integrated + market) was up by 2.2% in 2021. Compared to its previous year, with a total output of approximately 37.0 million tonnes (source: CEPI).


Competitive Landscape


The global specialty papers market is highly competitive. The players in the specialty papers market are focusing on sustainability and recyclability. maintaining quality with Product differentiation enhancement is a key focus area of key players in the specialty papers market.
  • December 2021 - The company Stora Enso Oyj invested EUR 23 million into board production at a Varkaussite in Finland. The investment will be completed in the end of 2022 with an aim to increase the flexibility of the product range available for customers and to grow the site’s total capacity by approximately 10%.
  • March 2021 - Pixelle acquired the specialty paper business Rollsource from Veritiv Corporation. On April 5th, Pixelle acquired the carbonless rolls and security papers business from Appvion Operations Inc.

Additional Benefits:

  • The market estimate (ME) sheet in Excel format
  • 3 months of analyst support


This product will be delivered within 2 business days.

Table of Contents

1 INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2 RESEARCH METHODOLOGY3 EXECUTIVE SUMMARY
4 MARKET INSIGHTS
4.1 Market Overview
4.2 Industry Value Chain Analysis
4.3 Industry Attractiveness - Porters 5 Force Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
4.4 Assessment of Impact of COVID-19 on the Market
5 MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Changing consumer preference to adopt sustainable decorative lamination?
5.1.2 Increased spending on signages and lifting of COVID-19 regulations
5.2 Market Restraints
5.2.1 Stringent Government Regulations Pertaining to the Usage of Chemicals While Manufacturing of Specialty Papers?
6 MARKET SEGMENTATION
6.1 By Application
6.1.1 Packaging & Labelling
6.1.2 Food Service Management
6.1.3 Printing & Publication (Poster Paper -
6.1.4 Building & Construction (Wallpaper
6.1.5 Business and Communication?
6.1.6 Others End User
6.2 By Geography
6.2.1 North America
6.2.1.1 United States
6.2.1.2 Canada
6.2.2 Europe
6.2.2.1 Germany?
6.2.2.2 United Kingdom
6.2.2.3 France
6.2.2.4 Rest of Europe
6.2.3 Asia Pacific
6.2.3.1 China?
6.2.3.2 India
6.2.3.3 Japan
6.2.3.4 Rest of Asia Pacific
6.2.4 Latin America
6.2.5 Middle East and Africa
7 COMPETITIVE LANDSCAPE
7.1 Company Profiles
7.1.1 Stora Enso Oyj
7.1.2 Nippon Paper Industries Co., Ltd.
7.1.3 Mondi Group PLC
7.1.4 ITC Limited
7.1.5 Domtar Corporation
7.1.6 Nordic Paper AS
7.1.7 Twin Rivers Paper Company
7.1.8 LINTEC Corporation
7.1.9 Sappi Limited
7.1.10 BillerudKorsns AB?
7.1.11 Glatfelter Corporation
7.1.12 Fedrigoni SPA?
7.1.13 Munksjo Group
7.1.14 KÄMMERER Spezialpapiere GmbH
7.1.15 Mosaico S.p.A.
8 INVESTMENT ANALYSIS9 FUTURE OF THE MARKET

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Stora Enso Oyj
  • Nippon Paper Industries Co., Ltd.
  • Mondi Group PLC
  • ITC Limited
  • Domtar Corporation
  • Nordic Paper AS
  • Twin Rivers Paper Company
  • LINTEC Corporation
  • Sappi Limited
  • BillerudKorsns AB​
  • Glatfelter Corporation
  • Fedrigoni SPA​
  • Munksjo Group
  • KÄMMERER Spezialpapiere GmbH
  • Mosaico S.p.A.

Methodology

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