Originally published on Technavio: Specialty Paper Market Analysis Forecast and Insights 2020-2024

Summary:

The specialty paper market is poised for substantial growth, with a potential increase of 5.01 MT anticipated during 2020-2024. The report offers a comprehensive analysis, covering applications such as packaging, labeling, printing, writing, industrial, and construction. Raw material distinctions include hardwood and softwood. Geographically, the market spans APAC, Europe, MEA, North America, and South America. Key players in the competitive landscape include Ahlstrom-Munksjö Oyj, Asia Pulp & Paper (APP) Sinar Mas, Domtar Corp., International Paper Co., Mondi Plc, Nine Dragons Paper (Holdings) Ltd., Nippon Paper Industries Co. Ltd., Oji Holdings Corp., P. H. Glatfelter Co., and Sappi Ltd.

Market Overview:

The specialty paper market exhibits fragmentation, with vendors focusing on price competitiveness to retain market positions. Key participants such as Nippon Paper Industries Co. Ltd., Oji Holdings Corp., P. H. Glatfelter Co., and Sappi Ltd. vie for market share. The report emphasizes the impact of changing lifestyles in emerging economies and the challenge of increasing digitalization. Vendors are advised to concentrate on growth prospects in fast-growing segments while maintaining stability in slow-growing ones.

Market Competitive Analysis:

This specialty paper market forecast report facilitates improved market positioning by offering a detailed analysis of market leaders. Insights into competencies and capacities aid decision-making. The report covers the competitive landscape and product portfolios of various companies. It also addresses upcoming trends and challenges, aiding companies in formulating strategies for future growth.

Regional Insights:

APAC emerged as the largest specialty paper market in 2019, presenting substantial growth opportunities during the forecast period. China, a global paper-producing leader, along with prominent companies like Nippon Paper Industries and Oji Holdings, will be pivotal in driving market growth in the region. APAC is projected to contribute significantly, with almost 47% of market growth during the forecast period, outpacing other regions.

Specialty Paper Market Segmentation by Applications includes packaging, labeling, printing, writing, industrial, and construction. Raw material segmentation comprises hardwood and softwood.

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