Shifting trends defining the future of specialty papers industry
The global market will reach 25.03 million tonnes in 2019 according to the latest exclusive research from Smithers Pira

This compares to an estimated total production of paper and paperboard estimated at more than 450 million tonnes, but specialty grade present an increasingly lucrative market opportunity for both established specialty providers, and bulk manufacturers looking to diversify.

The Smithers study – The Future of Specialty Papers to 2024 – tracks how multiple market trends for over 40 specialty paper grades will cooperate to push this market value to 28.02 million tonnes in 2024 – representative of a 2.3% compound annual growth rate (CAGR). As this market expands there will be a series of key changes that will help frame the future profitability of the industry.

The expansion of sales volume will be the strongest in the Asia-Pacific region (a projected 3.8% annual growth), which already consumes the largest tonnage worldwide. China and India are particularly robust. Flexible packaging papers, C1S packaging, printing labels, specialty printing papers and release liners are the largest segments within the global industry...

Read the full article at smitherspira.com

Источник: Smithers Pira