Global Stone Paper Market | Share, Size, Trends, Growth and Analysis to 2024 by Hexa Reports

Hexa Reports

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Stone Paper Market Analysis, Share and Size, Emerging

Trends, Overview and Outlook, Growth And Segment

Forecasts To 2024

The global stone paper industry is expected to reach USD 22.88 billion by 2024 owing to the rising

demand from key application segments, such as packaging, labeling, and self-adhesive paper. The

growing application scope of the product in the aforementioned segments is attributed to the minimal

environmental impacts, with regards to usage of water and energy, carbon emissions, and

deforestation.

Packaging is the major application segment for the product, globally. The other key applications include

labeling and self-adhesive paper. With the rapid growth in industries such as packaging, education,

corporate and government firms, among others, there has been a considerable increase in demand for

labeling and self-adhesive paper for labeling applications. These applications are integral to aesthetics

enhancement, archiving, documentation, and several other processes in the aforementioned end-user

segments.

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Further key findings from the report suggest

Globally, packaging and self-adhesive paper segments are expected to witness significant growth during

the forecast period, growing at CAGRs of over 4% during the forecast period; this rapid growth can be

attributed to rapidly growing demand for eco-friendly packaging and labeling solutions for various

products, driven by rising consumer awareness regarding deforestation and use of plastics, globally.

Hexa Reports

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Asia Pacific dominated the industry in 2015 with an estimated revenue of over USD 7 billion; this

regional market is projected to grow significantly over the coming years owing to growing middle-class

population, increasing disposably incomes, and rising consumer awareness...