Global Hemp Paper Market, By Source (Organic, Conventional), Type (Stationery, Filter Paper, and Cigarette Paper), Application (Stationary, Tea Bags, Filter Paper, Bible Paper, Blending, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029
Market Analysis and Insights Global Hemp Paper Market
The hemp paper market is expected to witness market growth at a rate of 36.90% in the forecast period of 2022 to 2029. Data Bridge Market Research report on hemp paper market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. Rapid urbanization is escalating the growth of hemp paper market.
Hemp paper refer to the type of paper that is produced from the pulp obtained from fibers of the industrial hemp. This kind of paper is widely used in various applications including filter paper, tea bags, stationery and bank notes, among others. Hemp pulp is known to offer four to five times longer fiber as compared to wood pulp. It provides lignin fraction coupled with higher tear resistance as well as tensile strength.
The change in the lifestyles of people across the globe acts as one of the major factors driving the growth of hemp paper market. The rise in demand for industrial hemp in food and beverage products for its dietary benefits, and increase in awareness regarding medicinal benefits offered by the product accelerate the market growth. The increased preference for eco-friendly products in fiberglass alternatives, thermal insulation, construction materials, and automotive products, and high demand for technical products such as oil paints, printing inks, fuel, varnishes, solvents, chain-saw lubricants, putty, and coatings further influence the market. Additionally, smart strategic marketing activities, surge in disposable income, changing preferences of consumers and growing awareness about the direct benefits of hemp in terms of reducing the environmental impact of crop production positively affect the hemp paper market. Furthermore, increase in demand for paper that are eco-friendly, renewable, and associated with less harmful methods of preparation extend profitable opportunities to the market players in the forecast period of 2022 to 2029.
On the other hand, concerns regarding the side effects of the product and negative impact of COVID-19 are expected to obstruct the market growth. The stringent regulations are projected to challenge the hemp paper market in the forecast period of 2022-2029.
This hemp 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, geographical expansions, technological innovations in the market. To gain more info on hemp 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.
Global Hemp Paper Market Scope and Market Size
The hemp paper market is segmented on the basis of source, type and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of source, the hemp paper market is segmented into organic and conventional.
- On the basis of type, the hemp paper market is segmented into stationery, filter paper, and cigarette paper.
- On the basis of application, the hemp paper market is segmented into stationary, tea bags, filter paper, bible paper, blending and others.
Hemp Paper Market Country Level Analysis
The hemp paper market is analyzed and market size, volume information is provided by country, product source, type and application as referenced above.
The countries covered in the global hemp paper market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the hemp paper market because of the rise in demand for industrial hemp and advancing technologies and innovation within the region. Europe is expected to witness high growth during the forecast period of 2022 to 2029 because of the increase in focus on industrial applications of hemp such as automotive and construction materials in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, 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 Hemp Paper Market Share Analysis
The hemp 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 hemp paper market.
Some of the major players operating in the hemp paper market reports are Greenfield, Legacy Hemp, Bamboo Textiles, Bastcore, SHANXI GREENLAND TEXTILE CO., LTD., Khadi Papers, hussain handmade papers, Lisuper industrial co.,limited., moon, Hempco Inc., Sunstrand LLC, Blue Sky Hemp Ventures, Bast Fiber LLC, Natural Textile Solutions, Western States Hemp and Hemp Inc., among others.
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