The global stone paper market size is expected to reach USD 1,329.0 million by 2030 and is expected to expand at 6.0% CAGR from 2023 to 2030. This growth can be attributed to the eco-friendly, recyclable, and waterproof qualities of the product. In addition, increasing environmental concerns regarding deforestation for wood procurement to synthesize wood pulp are expected to fuel the demand. Furthermore, stone paper is expected to replace conventional paper over the forecast period.
Technological innovations, product variations, and growing application areas are expected to emerge as key factors for market growth over the forecast period. Stone paper exhibits eco-friendly, recyclable, and photo-generation qualities. Moreover, companies such as Sphera International have developed a UV light barrier material that can be added to control the rate of photodegradation of stone paper, which is expected to improve growth prospects for the company, thereby contributing to the market growth.
The high product demand in the packaging industry is a major growth driving factor for the market. The product finds extensive application in consumer goods (FMCG), healthcare, and the food & beverage industry in the form of sack bags, fast food bag, carry bag, and premium retail bag. The product growth in the food and beverage application industry is attributed to the sustainability and aesthetic qualities of stone paper.
Problems associated with conventional paper manufacturing and the need for reduced consumption of plastics have driven manufacturers to employ an alternative material. Stone paper offers improved characteristics such as high tear strength, less moisture absorption, and significant chemical resistance. High durability is the key strength of stone papers, which makes them increasingly appealing in packaging applications. Across the globe, the consumption of plastics has significantly dropped. This has forced many companies to opt for alternative materials such as stone papers for packaging, labeling, and adhesive applications.
The presence of several raw-material suppliers in the market, coupled with an increasing trend to adopt eco-friendly substitutes to conventional paper, is expected to open growth avenues for new participants in the market. Though stone paper is slightly more expensive than traditional paper due to the use of HDPE (a petroleum derivative) while manufacturing, the positive environmental aspect of stone paper is expected to offer tremendous opportunities to new entrants in the market owing to the high demand for a recyclable and eco-friendly product.
The market is moderately competitive in nature owing to the presence of a few manufacturers that are consolidated in Asia-Pacific and Europe. Several key companies involved in the production of limestone and subsequently, calcium carbonate, in the North and South America region include LafargeHolcim, CEMEX S.A.B de C.V, and The National Lime & Stone Company. The growing production of limestone and calcium carbonate by these companies remains a key growth driver in the region.
Technological innovations, product variations, and growing application areas are expected to emerge as key factors for market growth over the forecast period. Stone paper exhibits eco-friendly, recyclable, and photo-generation qualities. Moreover, companies such as Sphera International have developed a UV light barrier material that can be added to control the rate of photodegradation of stone paper, which is expected to improve growth prospects for the company, thereby contributing to the market growth.
The high product demand in the packaging industry is a major growth driving factor for the market. The product finds extensive application in consumer goods (FMCG), healthcare, and the food & beverage industry in the form of sack bags, fast food bag, carry bag, and premium retail bag. The product growth in the food and beverage application industry is attributed to the sustainability and aesthetic qualities of stone paper.
Problems associated with conventional paper manufacturing and the need for reduced consumption of plastics have driven manufacturers to employ an alternative material. Stone paper offers improved characteristics such as high tear strength, less moisture absorption, and significant chemical resistance. High durability is the key strength of stone papers, which makes them increasingly appealing in packaging applications. Across the globe, the consumption of plastics has significantly dropped. This has forced many companies to opt for alternative materials such as stone papers for packaging, labeling, and adhesive applications.
The presence of several raw-material suppliers in the market, coupled with an increasing trend to adopt eco-friendly substitutes to conventional paper, is expected to open growth avenues for new participants in the market. Though stone paper is slightly more expensive than traditional paper due to the use of HDPE (a petroleum derivative) while manufacturing, the positive environmental aspect of stone paper is expected to offer tremendous opportunities to new entrants in the market owing to the high demand for a recyclable and eco-friendly product.
The market is moderately competitive in nature owing to the presence of a few manufacturers that are consolidated in Asia-Pacific and Europe. Several key companies involved in the production of limestone and subsequently, calcium carbonate, in the North and South America region include LafargeHolcim, CEMEX S.A.B de C.V, and The National Lime & Stone Company. The growing production of limestone and calcium carbonate by these companies remains a key growth driver in the region.
Stone Paper Market Report Highlights
- The packaging paper application segment is expected to dominate the industry in terms of volume with a CAGR of 6.6% from 2023 to 2030, as the product is an eco-friendly alternative. Stone paper is a strong contender to replace traditional paper and is manufactured using calcium carbonate and high-density polyethylene. Moreover, the production of stone papers does not involve cutting trees or use of gallons of water. Demand for waterproof, tear-resistant, insect-proof, fireproof, and grease-resistant packaging materials is anticipated to increase the product demand in packaging applications
- Advancements in labeling technologies are likely to enhance the demand for stone paper across the globe. With the expansion of online-marketing platforms, consumers are exposed to a vast variety of products. This necessitates demand for advanced and attractive labeling for products; progress made in labeling technologies is anticipated to enhance the market demand
- The growth of the market in Canada is driven by flexible packaging, paperboard packaging, and container manufacturing. The Canadian packaging market was valued at USD 20.9 million in 2022 and is expected to advance at a CAGR of 3.2% during the forecast period. The need for smart packaging and improved shelf life, especially in food and beverage, and pharmaceutical applications are driving the need for advanced products such as stone paper in the country
- Most manufacturers operating in the U.K. paper and pulp industry have started to focus on bringing sustainable products with high durability. Stone paper is a sustainable and non-toxic product as its manufacturing does not include any chemicals or a high amount of water. The demand for grease and moisture-proof packaging materials is driving the market’s growth in the U.K.
Table of Contents
Chapter 1. Methodology and Scope1.1. Market Segmentation & Scope
1.2. Research Methodology
1.3. Research Scope & Assumption
1.4. Information Procurement
1.4.1. Purchased Database
1.4.2. Internal Database
1.4.3. Secondary Sources & Third-Party Perspectives
1.4.4. Primary Research
1.5. Information Analysis
1.5.1. Data Analysis Models
1.6. Market Formulation & Data Visualization
1.7. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Outlook, 2022 (USD Million)
2.2. Segmental Outlook
2.3. Competitive Insights
Chapter 3. Stone Paper Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.1.1. Pulp and Paper Industry Outlook
3.2. Value Chain Analysis
3.2.1. Raw Material Trends
3.2.1.1. Availability
3.2.1.1.1. Calcium carbonate
3.2.1.1.2. Limestone
3.2.1.1.3. High-Density Polyethylene (HDPE)
3.2.1.2. Supply Chain Analysis
3.2.1.2.1. Quarries by Region
3.2.2. Sales Channel Analysis
3.2.3. Cost Structure Analysis
3.2.4. Price Trend Analysis
3.3. Regulatory Framework
3.4. Market Dynamics
3.4.1. Market Driver Analysis
3.4.1.1. Growing application in paper packaging
3.4.1.2. Minimal environmental impacts
3.4.2. Market Restraint Analysis
3.4.3. Market Opportunity Analysis
3.4.4. Market Challenge Analysis
3.5. Stone Paper Market - Porter’s five forces analysis
3.5.1. Bargaining Power of Suppliers
3.5.2. Bargaining Power of Buyer
3.5.3. Threat of New Entrants
3.5.4. Threat of Substitution
3.5.5. Competitive Rivalry
3.6. Industry Analysis - PESTLE by SWOT
3.6.1. Political Landscape
3.6.2. Economic Landscape
3.6.3. Social Landscape
3.6.4. Technological Landscape
3.6.5. Environmental Landscape
3.7. Market Disruption Analysis
Chapter 4. Stone Paper Market: Application Estimates & Trend Analysis
4.1. Key Takeaways
4.2. Application Market Share Analysis, 2022 & 2030
4.3. Packaging Papers
4.3.1. Stone Paper Market Estimates and Forecasts, by Packaging Papers Application, 2018 - 2030 (Kilotons) (USD Million)
4.4. Labelling Papers
4.4.1. Stone Paper Market Estimates and Forecasts, by Labelling Papers Application, 2018 - 2030 (Kilotons) (USD Million)
4.5. Self-adhesive Papers
4.5.1. Stone Paper Market Estimates and Forecasts, by Self-adhesive Papers Application, 2018 - 2030 (Kilotons) (USD Million)
4.6. Others
4.6.1. Stone Paper Market Estimates and Forecasts, by Others Application, 2018 - 2030 (Kilotons) (USD Million)
Chapter 5. Stone Paper Market: Regional Estimates & Trend Analysis
5.1. Key Takeaways
5.2. Regional Market Share Analysis, 2022 & 2030
5.3. North America
5.3.1. Market estimates & forecasts, 2018 - 2030 (Kilotons) (USD Million)
5.3.2. Market estimates & forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
5.3.3. U.S.
5.3.3.1. Market estimate & forecasts, 2018 - 2030 (kilotons) (USD Million)
5.3.3.2. Market estimates & forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
5.3.4. Canada
5.3.4.1. Market estimate & forecasts, 2018 - 2030 (kilotons) (USD Million)
5.3.4.2. Market estimates & forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
5.3.5. Mexico
5.3.5.1. Market estimate & forecasts, 2018 - 2030 (kilotons) (USD Million)
5.3.5.2. Market estimates & forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
5.4. Europe
5.4.1. Market estimates & forecasts, 2018 - 2030 (Kilotons) (USD Million)
5.4.2. Market estimates & forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
5.4.3. Germany
5.4.3.1. Market estimate & forecasts, 2018 - 2030 (kilotons) (USD Million)
5.4.3.2. Market estimates & forecasts, by material, 2018 - 2030 (Kilotons) (USD Million)
5.4.4. U.K.
5.4.4.1. Market estimate & forecasts, 2018 - 2030 (kilotons) (USD Million)
5.4.4.2. Market estimates & forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
5.4.5. France
5.4.5.1. Market estimate & forecasts, 2018 - 2030 (kilotons) (USD Million)
5.4.5.2. Market estimates & forecasts, by material, 2018 - 2030 (Kilotons) (USD Million)
5.4.6. Italy
5.4.6.1. Market estimate & forecasts, 2018 - 2030 (kilotons) (USD Million)
5.4.6.2. Market estimates & forecasts, by material, 2018 - 2030 (Kilotons) (USD Million)
5.5. Asia Pacific
5.5.1. Market estimates & forecasts, 2018 - 2030 (Kilotons) (USD Million)
5.5.2. Market estimates & forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
5.5.3. China
5.5.3.1. Market estimate & forecasts, 2018 - 2030 (kilotons) (USD Million)
5.5.3.2. Market estimates & forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
5.5.4. India
5.5.4.1. Market estimate & forecasts, 2018 - 2030 (kilotons) (USD Million)
5.5.4.2. Market estimates & forecasts, by material, 2018 - 2030 (Kilotons) (USD Million)
5.5.5. Japan
5.5.5.1. Market estimate & forecasts, 2018 - 2030 (kilotons) (USD Million)
5.5.5.2. Market estimates & forecasts, by material, 2018 - 2030 (Kilotons) (USD Million)
5.6. Central & South America
5.6.1. Market estimates & forecasts, 2018 - 2030 (Kilotons) (USD Million)
5.6.2. Market estimates & forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
5.6.3. Brazil
5.6.3.1. Market estimate & forecasts, 2018 - 2030 (kilotons) (USD Million)
5.6.3.2. Market estimates & forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
5.6.4. Argentina
5.6.4.1. Market estimate & forecasts, 2018 - 2030 (kilotons) (USD Million)
5.6.4.2. Market estimates & forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
5.7. Middle East & Africa
5.7.1. Market estimates & forecasts, 2018 - 2030 (Kilotons) (USD Million)
5.7.2. Market estimates & forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
Chapter 6. Strapping Materials Market Supplier Intelligence
6.1. Kraljic Matrix/Portfolio Analysis
6.2. Engagement Model
6.3. Negotiation Strategies
6.4. Sourcing Best Practices
6.5. Vendor Selection Criteria
6.6. List of Raw Material Suppliers
6.7. List of Distributors
6.8. List of End-users
Chapter 7. Competitive Landscape
7.1. Recent Developments & Impact Analysis, By Key Market Participants
7.2. Company/Competition Categorization
7.3. Company Market Position Analysis
7.4. Competitive Dashboard Analysis
7.5. Major Deals & Strategic Alliances Analysis
Chapter 8. Company Profiles
8.1. The Stone Paper Company
8.1.1. Company Overview
8.1.2. Financial Performance
8.1.3. Product Benchmarking
8.1.4. Strategic Framework
8.2. The Stone Paper Company
8.2.1. Company Overview
8.2.2. Financial Benchmarking
8.2.3. Product Benchmarking
8.2.4. Strategic Initiatives
8.3. AM Packaging Company Limited
8.3.1. Company Overview
8.3.2. Financial Benchmarking
8.3.3. Product Benchmarking
8.3.4. Strategic Initiatives
8.4. Shenzhen Stone Paper Enterprise
8.4.1. Company Overview
8.4.2. Financial Benchmarking
8.4.3. Product Benchmarking
8.4.4. Strategic Initiatives
8.5. Kapstone
8.5.1. Company Overview
8.5.2. Financial Benchmarking
8.5.3. Product Benchmarking
8.5.4. Strategic Initiatives
8.6. Taiwan Longmeng Composite Materials Co., Ltd.
8.6.1. Company Overview
8.6.2. Financial Benchmarking
8.6.3. Product Benchmarking
8.6.4. Strategic Initiatives
8.7. STP STONE PAPER GmbH
8.7.1. Company Overview
8.7.2. Financial Benchmarking
8.7.3. Product Benchmarking
8.7.4. Strategic Initiatives
8.8. Stone Paper
8.8.1. Company Overview
8.8.2. Financial Benchmarking
8.8.3. Product Benchmarking
8.8.4. Strategic Initiatives
8.9. TBM Co., Ltd
8.9.1. Company Overview
8.9.2. Financial Benchmarking
8.9.3. Product Benchmarking
8.9.4. Strategic Initiatives
8.10. Pishgaman Sanat Sabz Co.
8.10.1. Company Overview
8.10.2. Financial Benchmarking
8.10.3. Product Benchmarking
8.10.4. Strategic Initiatives
8.11. Sphera International
8.11.1. Company Overview
8.11.2. Financial Benchmarking
8.11.3. Product Benchmarking
8.11.4. Strategic Initiatives
8.12. Anydesignsrl
8.12.1. Company Overview
8.12.2. Financial Benchmarking
8.12.3. Product Benchmarking
8.12.4. Strategic Initiatives
List of Tables
Table 1 Stone paper market estimates and forecasts, by packaging papers application, 2018 - 2030 (Kilotons) (USD Million)
Table 2 Stone paper market estimates and forecasts, by labeling papers application, 2018 - 2030 (Kilotons) (USD Million)
Table 3 Stone paper market estimates and forecasts, by self-adhesive papers application, 2018 - 2030 (Kilotons) (USD Million)
Table 4 Stone paper market estimates and forecasts, by others application, 2018 - 2030 (Kilotons) (USD Million)
Table 5 North America stone paper market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
Table 6 North America stone paper market estimates and forecasts, by application, 2018 - 2030 (Kilotons)
Table 7 North America stone paper market estimates and forecasts, by application, 2018 - 2030 (USD Million)
Table 8 U.S. stone paper market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
Table 9 U.S. stone paper market estimates and forecasts, by application, 2018 - 2030 (Kilotons)
Table 10 U.S. stone Paper market estimates and forecasts, by application, 2018 - 2030 (USD Million)
Table 11 Canada stone paper market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
Table 12 Canada stone paper market estimates and forecasts, by application, 2018 - 2030 (Kilotons)
Table 13 Canada stone Paper market estimates and forecasts, by application, 2018 - 2030 (USD Million)
Table 14 Mexico stone paper market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
Table 15 Mexico stone paper market estimates and forecasts, by application, 2018 - 2030 (Kilotons)
Table 16 Mexico stone Paper market estimates and forecasts, by application, 2018 - 2030 (USD Million)
Table 17 Europe stone paper market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
Table 18 Europe stone paper market estimates and forecasts, by application, 2018 - 2030 (Kilotons)
Table 19 Europe stone paper market estimates and forecasts, by application, 2018 - 2030 (USD Million)
Table 20 Germany stone paper market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
Table 21 Germany stone paper market estimates and forecasts, by application, 2018 - 2030 (Kilotons)
Table 22 Germany stone Paper market estimates and forecasts, by application, 2018 - 2030 (USD Million)
Table 23 U.K. stone paper market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
Table 24 U.K. stone paper market estimates and forecasts, by application, 2018 - 2030 (Kilotons)
Table 25 U.K. stone Paper market estimates and forecasts, by application, 2018 - 2030 (USD Million)
Table 26 Italy stone paper market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
Table 27 Italy stone paper market estimates and forecasts, by application, 2018 - 2030 (Kilotons)
Table 28 Italy stone Paper market estimates and forecasts, by application, 2018 - 2030 (USD Million)
Table 29 France stone paper market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
Table 30 France stone paper market estimates and forecasts, by application, 2018 - 2030 (Kilotons)
Table 31 Italy stone Paper market estimates and forecasts, by application, 2018 - 2030 (USD Million)
Table 32 Asia-Pacific stone paper market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
Table 33 Asia-Pacific stone paper market estimates and forecasts, by application, 2018 - 2030 (Kilotons)
Table 34 Asia-Pacific stone paper market estimates and forecasts, by application, 2018 - 2030 (USD Million)
Table 35 China stone paper market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
Table 36 China stone paper market estimates and forecasts, by application, 2018 - 2030 (Kilotons)
Table 37 China stone Paper market estimates and forecasts, by application, 2018 - 2030 (USD Million)
Table 38 India stone paper market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
Table 39 India stone paper market estimates and forecasts, by application, 2018 - 2030 (Kilotons)
Table 40 India stone Paper market estimates and forecasts, by application, 2018 - 2030 (USD Million)
Table 41 Japan stone paper market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
Table 42 Japan stone paper market estimates and forecasts, by application, 2018 - 2030 (Kilotons)
Table 43 Japan stone Paper market estimates and forecasts, by application, 2018 - 2030 (USD Million)
Table 44 Central & South America stone paper market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
Table 45 Central & South America stone paper market estimates and forecasts, by application, 2018 - 2030 (Kilotons)
Table 46 Central & South America stone paper market estimates and forecasts, by application, 2018 - 2030 (USD Million)
Table 47 Brazil stone paper market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
Table 48 Brazil stone paper market estimates and forecasts, by application, 2018 - 2030 (Kilotons)
Table 49 Brazil stone Paper market estimates and forecasts, by application, 2018 - 2030 (USD Million)
Table 50 Argentina stone paper market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
Table 51 Argentina stone paper market estimates and forecasts, by application, 2018 - 2030 (Kilotons)
Table 52 Argentina stone Paper market estimates and forecasts, by application, 2018 - 2030 (USD Million)
Table 53 Middle East & Africa stone paper market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
Table 54 Middle East & Africa stone paper market estimates and forecasts, by application, 2018 - 2030 (Kilotons)
Table 55 Middle East & Africa stone paper market estimates and forecasts, by application, 2018 - 2030 (USD Million)
List of Figures
Fig. 1 Market segmentation & scope
Fig. 2 Information Procurement
Fig. 3 Primary Research Pattern
Fig. 4 Primary Research Process
Fig. 5 Market research approaches - Bottom-Up Approach
Fig. 6 Market research approaches - Top-Down Approach
Fig. 7 Market research approaches - Combined Approach
Fig. 8 Regional Outlook
Fig. 9 Segmental Outlook
Fig. 10 Competitive Outlook
Fig. 11 Penetration & growth prospect mapping
Fig. 12 Stone Paper market: Value chain analysis
Fig. 13 Calcium carbonate preparation
Fig. 14 World lime production (Million tons), January 2020
Fig. 15 Stone paper Market: Supply Chain analysis
Fig. 16 Stone Paper Market: Market dynamics
Fig. 17 Market driver analysis
Fig. 18 Online retail sales value, selected economies (USD Billion) 2018 - 2020
Fig. 19 Market restraint analysis
Fig. 20 Stone Paper Market: Application movement analysis, 2022 & 2030
Fig. 21 Stone Paper Market: Regional movement analysis, 2022 & 2030
Fig. 22 Stone paper market - Participant Categorization
Fig. 23 Stone paper market - Company Market Position Analysis
Fig. 24 Stone paper market - Strategy Framework
Companies Mentioned
- The Stone Paper Company
- AM Packaging Company Limited
- Shenzhen Stone Paper Enterprise
- Kapstone
- Taiwan Longmeng Composite Materials Co., Ltd.
- STP STONE PAPER GmbH
- Stone Paper
- TBM Co., Ltd
- Pishgaman Sanat Sabz Co.
- Sphera International
- Anydesignsrl
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 95 |
| Published | February 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 831.4 Million |
| Forecasted Market Value ( USD | $ 1329 Million |
| Compound Annual Growth Rate | 6.0% |
| Regions Covered | Global |
| No. of Companies Mentioned | 11 |
