A $43.4 Billion Global Opportunity for Specialty Paper by 2026 - New Research from StrategyR

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Sep 22, 2021, 10:20 ET

SAN FRANCISCO, Sept. 22, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Specialty Paper - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

FACTS AT A GLANCE
Edition: 16; Released: April 2021
Executive Pool: 6432
Companies: 127 - Players covered include Ahlstrom-Munksjo Oyj; Asia Pulp and Paper Group; C&J Specialty Papers; Domtar Corporation; Fedrigoni SpA; Georgia Pacific LLC; Glatfelter; Glatfelter; International Paper Company; ITC Ltd.; Mondi PLC; Nippon Paper Industries Co., Ltd.; Oji Holdings Corporation; Onyx Specialty Papers, Inc.; Pudumjee Paper Products; Sappi Ltd.; Smurfit Kappa Group PLC; Stora Enso Oyj; Voith GmbH & Co. KGaA and Others.
Coverage: All major geographies and key segments
Segments: Type (Decor Paper, Printing Paper, Label Paper, Packaging Paper, Thermal Paper, and Other Specialty Papers); Application (Packaging & Labelling, Industrial Application, Printing & Writing, Building & Construction, Pharmaceuticals, Electricals, and Other Applications)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

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ABSTRACT-

Global Specialty Paper Market to Reach $43.4 Billion by 2026
Amid the COVID-19 crisis, the global market for Specialty Paper estimated at US$29.4 Billion in the year 2020, is projected to reach a revised size of US$43.4 Billion by 2026, growing at a CAGR of 6.5% over the analysis period. Decor Paper, one of the segments analyzed in the report, is projected to record a 6.9% CAGR and reach US$12.1 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Printing Paper segment is readjusted to a revised 7% CAGR for the next 7-year period.

The U.S. Market is Estimated at $8.5 Billion in 2021, While China is Forecast to Reach $9.1 Billion by 2026
The Specialty Paper market in the U.S. is estimated at US$8.5 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$9.1 Billion by the year 2026 trailing a CAGR of 9.9% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.5% and 5.8% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 4.1% CAGR.

Label Paper Segment to Reach US$7 Billion by the year 2026
In the global Label Paper segment, USA, Canada, Japan, China and Europe will drive the 7.3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$3.4 Billion in the year 2020 will reach a projected size of US$5.5 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More

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About Global Industry Analysts, Inc. & StrategyR^™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]

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