The North America Stone Paper Market should witness market growth of 5.6% CAGR during the forecast period (2022-2028).
Rising demand for the stone paper-based product from major application sectors, including labeling, and self-adhesive papers, is anticipated to propel the market's expansion. Furthermore, positive market growth is anticipated to be bolstered by the high use of organic chemicals, particularly calcium carbonate. In addition, the development of international trade due to advanced e-commerce platforms increases the need for environmentally friendly packaging items, such as bags and cardboard boxes manufactured from stone paper. This is anticipated to create enormous market potential throughout the forecast period.
The stone paper business is in its infancy and is anticipated to benefit the natural significantly. Stone paper remains essential for lowering paper production's reliance on wood pulp and is emerging as an environmental game-changer. The production of stone paper is a simple procedure. Still, the raw materials must undergo a series of operations and processes before they can be employed in the production of stone paper. The value chain consists mostly of industries that fall into distinct categories, such as raw material suppliers, distributors/suppliers, manufacturers, end-users, and aftermarket industries.
Authorities across Canada have become increasingly worried about waste packaging and resource consumption. In addition, there has been an increase in the demand for sustainable brands and less packaging. Concurrently, merchants have begun to advocate for more sustainable packaging to cut supply chain costs and satisfy customer preferences for environmentally friendly products and packaging. Businesses across the supply chain adopt sustainability as a strategic objective and commercial imperative. In response to these issues, the Canadian Council of Ministers of the Environment (CCME) has devised a strategy to minimize packaging waste in Canada and encourage more sustainable packaging options. This will aid the market growth in the region.
The US market dominated the North America Stone Paper Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $210.9 Million by 2028. The Canada market is poised to grow at a CAGR of 8% during (2022-2028). Additionally, The Mexico market should witness a CAGR of 7% during (2022-2028).
Based on Product Type, the market is segmented into Packaging Papers, Self-adhesive Papers, Labeling Papers, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include TBM Co., Ltd., Stone Paper Global Technologies Ltd., AM Packaging Company Limited, Shenzhen Stone Paper Enterprise Ltd., WestRock Company, Taiwan Longmeng Composite Materials Co., Ltd., STP Stone Paper Products GmbH, Sphera International, Pishgaman Sanat Sabz and The Stone Paper Company Limited.
Rising demand for the stone paper-based product from major application sectors, including labeling, and self-adhesive papers, is anticipated to propel the market's expansion. Furthermore, positive market growth is anticipated to be bolstered by the high use of organic chemicals, particularly calcium carbonate. In addition, the development of international trade due to advanced e-commerce platforms increases the need for environmentally friendly packaging items, such as bags and cardboard boxes manufactured from stone paper. This is anticipated to create enormous market potential throughout the forecast period.
The stone paper business is in its infancy and is anticipated to benefit the natural significantly. Stone paper remains essential for lowering paper production's reliance on wood pulp and is emerging as an environmental game-changer. The production of stone paper is a simple procedure. Still, the raw materials must undergo a series of operations and processes before they can be employed in the production of stone paper. The value chain consists mostly of industries that fall into distinct categories, such as raw material suppliers, distributors/suppliers, manufacturers, end-users, and aftermarket industries.
Authorities across Canada have become increasingly worried about waste packaging and resource consumption. In addition, there has been an increase in the demand for sustainable brands and less packaging. Concurrently, merchants have begun to advocate for more sustainable packaging to cut supply chain costs and satisfy customer preferences for environmentally friendly products and packaging. Businesses across the supply chain adopt sustainability as a strategic objective and commercial imperative. In response to these issues, the Canadian Council of Ministers of the Environment (CCME) has devised a strategy to minimize packaging waste in Canada and encourage more sustainable packaging options. This will aid the market growth in the region.
The US market dominated the North America Stone Paper Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $210.9 Million by 2028. The Canada market is poised to grow at a CAGR of 8% during (2022-2028). Additionally, The Mexico market should witness a CAGR of 7% during (2022-2028).
Based on Product Type, the market is segmented into Packaging Papers, Self-adhesive Papers, Labeling Papers, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include TBM Co., Ltd., Stone Paper Global Technologies Ltd., AM Packaging Company Limited, Shenzhen Stone Paper Enterprise Ltd., WestRock Company, Taiwan Longmeng Composite Materials Co., Ltd., STP Stone Paper Products GmbH, Sphera International, Pishgaman Sanat Sabz and The Stone Paper Company Limited.
Scope of the Study
By Product Type
- Packaging Papers
- Self-adhesive Papers
- Labeling Papers
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- TBM Co., Ltd.
- Stone Paper Global Technologies Ltd.
- AM Packaging Company Limited
- Shenzhen Stone Paper Enterprise Ltd.
- WestRock Company
- Taiwan Longmeng Composite Materials Co., Ltd.
- STP Stone Paper Products GmbH
- Sphera International
- Pishgaman Sanat Sabz
- The Stone Paper Company Limited
Unique Offerings
- Exhaustive coverage
- The highest number of market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 3. North America Stone Paper Market by Product Type
Chapter 4. North America Stone Paper Market by Country
Chapter 5. Company Profiles
Companies Mentioned
- TBM Co., Ltd.
- Stone Paper Global Technologies Ltd.
- AM Packaging Company Limited
- Shenzhen Stone Paper Enterprise Ltd.
- WestRock Company
- Taiwan Longmeng Composite Materials Co., Ltd.
- STP Stone Paper Products GmbH
- Sphera International
- Pishgaman Sanat Sabz
- The Stone Paper Company Limited
Methodology
LOADING...