Stone Paper Market: Outlook, Analysis, Overview and Forecasts to 2024

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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
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
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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.

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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...