East Asia Writing and Printing and Specialty Paper Market is expected to grow with the CAGR of 6.4% in the forecast period of 2020 to 2027. The years considered for study are as mentioned below.
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East Asia writing & printing and specialty paper market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.
The major players dealing in East Asia writing & printing and specialty paper market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio. For instance, in 2019 October, Fedrigoni Holding Limited announced that they have acquired Ritrama which is an Italian multinational company, has production sites in Spain, Italy, the United Kingdom, Chile and China. After this acquisition company enhanced their credibility in the market.
The market leader in the market is Century Textiles and it is followed by Niox Speciality Paper Mills, Gemini Graaphics Pvt. Ltd, JK Paper, Stora Enso, PG Paper Company, Pudumjee Paper Products, ITC Limited, Speciality Papers Limited, Rama Pulp and Papers Limited, NIPPON PAPER INDUSTRIES CO., LTD., UPM, Mondi, International Paper, Ahlstrom-Munksjö, LINTEC Corporation, Oji Holdings Corporation, Fedrigoni Holding Limited, Asia Pulp & Paper (APP) Sinar Mas, WestRock Company, Sappi and arjowiggins, among others.
Century Textiles
Century Textiles headquartered in Maharashtra, India which was founded in 1897 as public owner ship. The company is engaged in the manufacturing of tissue and board, as well as Rayon Grade Pulp (RGP) products for different industries. The company have business segment textile products, paper and pulp products, real estates and other in which paper and pulp products is our focused category. The company have wide product category writing & printing paper, copier, industrial paper, century board, tissue and rayon grade pulp out of which our focused product category is writing & printing paper and copier.
- In 2020 July, Century Pulp and Paper company have decided to enter into the venture to increase the production of the Kraft paper with the Technology up-gradation on PM-III & IV. This development helps the company to increase the production and revenue in near future.
The company has wide presence across the Asia-Pacific. In addition to it, the company also generates its revenue from the various subsidiary companies such as Maihar Cements Ltd (India), Century Pulp And Paper (India).
Stora Enso
Stora Enso is headquartered in Helsinki, Finland and it was founded in year 1998 as public ownership. The company is engaged in the manufacturing of solutions based on wood and biomass for a range of industries and applications worldwide, leading in the bioeconomy. The company have business segment consumer board, packaging solutions, biomaterials, wood products, paper and other out of which our focused category is paper. The company offers wide range of product categories such as formed fiber, biocomposites, bio-based chemicals, bio-based materials, wood products, intelligent packaging, lignin, paperboard materials, corrugated packaging solutions, paper, market pulp and pellets under which search our paper is market focused category.
- In 2020 June, Stora Enso decided to invest to reduce the environmental impact of Oulu mill. Oulu paper mill will be converted to produce high-end packaging material. This development helps the company to increase the revenue and reduce environmental effect.
The company has presence in Asia-Pacific, Europe, North America, South America with its various subsidiaries such as Efora (South Africa), Montes del Plata (U.S.), Virdia Inc. (U.S.), Veracel Celulose S.A. (Brazil), Stora Enso Arapoti Indústria de Papel S.A. (Brazil), among others.
Sappi
Sappi is headquartered in Kowloon, Hong Kong and founded in 1936 as public ownership. The company is engaged in manufacturing and commercializing of dissolving pulp, packaging and specialty papers and graphic papers across the world. The company has product category which are dissolving pulp, graphic papers, packaging and specialty papers, casting and release papers, biomaterials, bio-energy, forestry out of which packaging and specialty papers is market focused segment.
- In February 2017, Sappi announced that they have expanded their packaging and specialty paper capacities in the U.S. and Europe. The company aimed to enhance their packaging and specialty paper facilities in different regions. After this announcement, the company enhanced its business and generate adequate revenue.
The company has wide global presence in Asia-Pacific, Europe, Middle East and Africa, North America, South America. The company also earn from several subsidiaries such as Sappi North America (U.S.), Sappi Southern Africa (Africa), Sappi Europe SA (Belgium), Sappi International SA (South Africa), Sappi Cloquet LLC (U.S.), among others.
