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Historical Year
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The global speciality paper market size reached a volume of 38.16 million metric tons in the year 2023. The market is further expected to grow at a CAGR of 5.5% between 2024 and 2032 to reach a volume of 61.77 million metric tons by 2032.
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The global speciality paper market is driven by the flourishing food and beverage industry globally. The Asia Pacific is the leading regional market for the product, invigorated by the changing lifestyle and inflating disposable income levels in the region. The industry is further aided by the rising sales of on-the-go food products, which is positively influencing the market growth of speciality paper.
Speciality paper is referred to as a special grade of paper which has specific properties and characteristics, designed for special uses such as printing currency notes, water filtration, packing beverages, and others. For instance, thermal paper has a coating over it, which ensures a clear and high-definition image when exposed to heat. Due to its properties, speciality paper finds applications in various industries like healthcare, packaging and labelling, construction, retail, and laundry care.
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The speciality paper market is segmented on the basis of type into:
Among all of these, label and release papers account for the majority of the global market share of speciality paper.
On the basis of raw material, the industry is categorised into:
At present, pulp exhibits the most common raw material.
On the basis of application, the industry is divided into:
Out of these, packaging and labelling dominates the market share.
The report also covers the regional markets of the product like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The global speciality paper market is driven by the increasing demand for the product as a packaging material due to its enhanced moisture retention, hygiene, and pH levels, in several sectors such as lifestyle, food and beverage, and cosmetics. Moreover, the inflating disposable incomes have boosted the demand for high-quality packaging material, thereby providing impetus to the speciality paper market growth.
The industry is further aided by the busy lifestyles of the population, which has increased the consumption rate of instant tea premix sachets, made of speciality paper. In addition to this, speciality paper is also used in the production of masking tapes that are used to mask off doorframes and walls. The market is spurred by the growing construction industry, particularly in the emerging economies, which has provided an impetus to the demand for masking tape.
The report gives a detailed analysis of the following key players in the global speciality paper market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Raw Material |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The global speciality paper market reached a volume of 38.16 million metric tons in 2023.
The market is projected to grow at a CAGR of approximately 5.5% in the forecast period of 2024-2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a volume of 61.77 million metric tons by 2032.
The major drivers of the market include the rising disposable incomes, increasing population, rising demand for paper as a packaging material, and growing consumption rate of instant tea premix sachets among the consumers due to hectic lifestyles.
The increasing sales of on-the-go food products and expansion of the construction industry are expected to be the key trends guiding the growth of the market.
North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the major regions in the market.
Label and release papers, printing papers, flexible packaging papers, rolling papers, décor papers, and banknotes and security papers, among others are the various types of speciality papers in the market.
Pulp, fillers and binders, additives, and coatings, among others are the raw materials of the speciality papers in the market.
Various applications of speciality papers include packaging and labelling, printing and writing, industrial use, building and construction, and food service, among others.
The key players in the global speciality paper market are International Paper Company, Stora Enso Oyj, Nippon Paper Industries Co., Ltd., Mondi plc, Sappi Limited, ITC Limited, and Domtar Corporation, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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