Global Europe Specialty Paper Market, By Product Type (Release & Labels, Decor Paper, Carbonless Paper, Printing Paper, Packaging Paper, Functional Paper, Kraft Paper, Thermal Paper, Pharmaceuticals Leaflet Paper, Others), Raw Material (Pulp and Functional Chemical), End-User (Industrial, Building & Construction, Packaging, Label, Printings, Automotive, Food Services, Electricals, Medical Application, Others) – Industry Trends and Forecast to 2029
Market Analysis and Size
Specialty paper market has increased enormously in recent years due to the rapid adoption of packaging mechanisms and home delivery services in many areas. Specialty paper is used to transport and protect an extensive range of merchandise. High requirement from the end-user, such as packaging and labeling, is expected to increase the growth of the specialty paper market over the forecast period of 2022 to 2029 in this region. The specialty paper market created approx 6% of the global specialty paper market in terms of volume.
Data Bridge Market Research analyses that the Europe specialty paper market was valued at USD 27,650.0 million in 2021 and is expected to reach USD 39927.18 million by 2029, registering a CAGR of 4.70 % during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.
Market Definition
Specialty paper is a special type of paper that owns specific properties and characteristics. It is designed for specific uses such as, water filtration, etc. For instance, thermal paper, printing currency notes, packing beverages, a kind of specialty paper. This paper has a coating that provides a clear and high-definition image when exposed to heat. Due to its properties, specialty paper has some applications in diverse industries, including packaging and labeling, retail, healthcare, construction and laundry care.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD million, Volumes in Units, Pricing in USD
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Segments Covered
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Product Type (Release and Labels, Decor Paper, Carbonless Paper, Printing Paper, Packaging Paper, Functional Paper, Kraft Paper, Thermal Paper, Pharmaceuticals Leaflet Paper, Others), Raw Material (Pulp and Functional Chemical), End-User (Industrial, Building and Construction, Packaging, Label, Printings, Automotive, Food Services, Electricals, Medical Application, Others)
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Countries Covered
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Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe
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Market Players Covered
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Stora Enso (Finland) Sappi (South Africa), Smurfit Kappa (Ireland) Fedrigoni S.P.A (Italy), Domtar Corporation (U.S), Nippon Paper industry Co. Ltd. (Japan), Mondi (UK), International Paper (U.S), Oji Holdings Corporation (Japan), Asia Pulp & Paper (APP) Sinar Mas. (Indonesia), WestRock Company (U.S)
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Market Opportunities
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Europe Specialty Paper Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- Rising urban population
With the rising disposable income and hectic lifestyles of the urban population, the demand for packaged food products rises significantly. As specialty paper is widely used in the foodservice segment for packaging takeout products, the rising consumption of packaged food products is driving the demand for specialty paper which increase the growth of market.
- Accelerating consumer preferences towards decorative lamination
The rising usage of the newest design, colors and materials in home decor is driving new and advanced décor papers. Due to its suitability, strength, and less impact on the environment. Craft paper is observing rising demand for pouches wrapping and sacks to handle goods.
- Rising application in e-commerce
The market is gaining traction due to its increasing applications in e-commerce activities for example packaging, storing, and transportation. The rising online shopping sector in emerging along with developed economies is a main driver for the global specialty paper market.
- Rise in demand due to eco-friendly packaging material
Consumer goods producer in this region are choosing to eco-friendly packaging materials, as they support sustainability. The corrugated boxes which manufactured with container board sustain their sustainable form of packaging and serve as an eco-friendly product.
Opportunities
- Big opportunity in nanotechnology
The molecular structure of specialty paper is compelling, which is developing innovative product variants modified to the requirement of end-users. Also, nanomaterials in specialty papers make it appropriate for various by-products from the paper itself. The larger untapped markets provide beneficial opportunities for all market players.
- Technology advancement
The increasing number of product developments will drive new market opportunities and accelerate industry expansion. The technological advancement of specialty paper is a substitute as a chance to increase specialty paper market demand. This element is assisting market growth. Manufacturers are developing more efficient, dependable, and convenient products.
Restraints/ Challenges
The emission of carbon during the manufacturing process of paper is projected to be a strong disadvantage of specialty papers which is hindering the market growth. In addition, the advent of the digitization age is likely to be a major impediment to the growth of the specialty paper market in the approaching years. Furthermore, the speciality paper market is extremely fragmented, which is another impediment to expansion during the projection period.
This Europe specialty paper market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the Europe specialty paper market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Europe Specialty Paper Market
The overall specialty paper market has been discreetly affected by the outbreak of SARS-CoV-2 infections spread during forecast period. In the first half of the COVID-19 period, the market was affected negatively stringent lockdown reduced workforce, norms and movement restrictions. But risen packaged food consumption and increasing e-commerce industry during the infection or virus outbreak increase the demand and sales of paper in this region.
Recent Development
- In February 2020, Stora Enso declared that they have increased their product portfolio of renewable packaging materials by launching new dispersion barrier materials for food packaging and paper cups. Hereafter announcement the company increased their product credibility and portfolio in the market.
- In April 2020, Domtar Corporation declared that they acquired the U.S. based Point of Sale (POS) paper business of Appvion Operations, Inc., hereafter achievement the company will become an integrated manufacturer of POS which has produce large scale paper.
Global Europe Specialty Paper Market Scope
The Europe specialty paper market is segmented on the basis of products, Raw materials and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- Release and Labels
- Decor Paper
- Carbonless Paper
- Printing Paper
- Packaging Paper
- Functional Paper
- Kraft Paper
- Thermal Paper
- Pharmaceuticals Leaflet Paper
- Others
Raw Material
- Pulp
- Functional Chemical
End User
- Industrial
- Building and Construction
- Packaging, Label
- Printings
- Automotive
- Food Services
- Electricals
- Medical Application
- Others
Europe Specialty Paper Market Regional Analysis/Insights
The Europe specialty paper market is analysed and market size insights and trends are provided by country, products, Raw materials and end-user as referenced above.
The countries covered in the Europe specialty paper market report are Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland and Rest of Europe
Europe dominants the specialty paper market in terms of market share and revenue during the forecast period. This is due to the rising demand for Europe specialty paper in this region. Europe dominants the speciality paper market due to high demand of the matte properties of products among the manufacturers in this region which increase the market growth in the forecast period.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Europe Specialty Paper Market Share Analysis
The Europe specialty paper market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to Europe specialty paper market.
Some of the major players operating in the Europe specialty paper market are:
- Stora Enso (Finland)
- Sappi (South Africa)
- Smurfit Kappa (Ireland)
- Fedrigoni S.P.A (Italy)
- Domtar Corporation (U.S)
- Nippon Paper industry Co. Ltd. (Japan)
- Mondi (U.K)
- International Paper (U.S)
- Oji Holdings Corporation (Japan)
- Asia Pulp and Paper (APP) Sinar Mas. (Indonesia)
- WestRock Company (U.S)
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