San Francisco, 11 June 2020 — “Stone
Paper Market Analysis By Regions (North America, Europe, Asia-Pacific,
Latin America and Africa), Product, By Application And Segment Forecasts To
2027”
The Stone Paper Market is set to
witness a higher CAGR in the forthcoming period. A stone paper is a viable
element used as potential alternative against paper and polypropylene film.
Considering the drastic effect on environment, manufacturers are now
emphasizing on “No-wood pulp” and “Zero Pollution” resolutions. Stone paper is
photo degradable and can be reused as a plastic.
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The stone paper market is highly
driven by surge in investments for R&D coupled with positive initiative for
deforestation under government support and rise in use of stone paper as an
alternative to regular paper. Rise in use of novel techniques for product
manufacture and packaging have triggered the demand for stone paper. In
addition, development of viable sources for product manufacturing resulting out
of regulations for deforestation is likely to propel the market growth in the
forecast period.
However, challenges such as rise
in demand for high-density polyethylene from several industries is likely to
impede the market growth during the forecast period. Application segment for
stone paper market includes labelling paper, paper packaging and self-adhesive
paper. Paper packaging and self-adhesive paper account for a significant market
share due to rise in demand.
Geographical segmentation for
stone paper market includes North America, Latin America, Europe, Asia-Pacific,
Middle East and Africa. Europe is a lucrative market for stone paper,
accounting for a higher market share. Asia-Pacific is expected to account for a
significant market share in the forecast period due to low costs of production,
significant number of manufacturers, and high demand for eco-friendly packaging
solutions. Increase in middle class population and rise in disposable income
have enabled a high demand for eco-friendly packaging solutions.
This research report offers a
comprehensive analysis of key elements of the Stone Paper Market such as potential top key Manufacturers along
with their strengths and weaknesses. The Stone
Paper Market report also comprises some useful strategies and scenario for
the new players in the market. While forecasting the growth of the global Stone Paper market, various statistical
tools were utilized to get an accurate result of the Demographic data.
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