The North America Stone Paper Market would witness market growth of 5.6% CAGR during the forecast period (2022-2028).
Rising demand for the stone paper-based product from major application sectors, including labeling, and self-adhesive papers, is anticipated to propel the market's expansion. Furthermore, positive market growth is anticipated to be bolstered by the high use of organic chemicals, particularly calcium carbonate. In addition, the development of international trade due to advanced e-commerce platforms increases the need for environmentally friendly packaging items, such as bags and cardboard boxes manufactured from stone paper. This is anticipated to create enormous market potential throughout the forecast period.
The stone paper business is in its infancy and is anticipated to benefit the natural significantly. Stone paper remains essential for lowering paper production's reliance on wood pulp and is emerging as an environmental game-changer. The production of stone paper is a simple procedure. Still, the raw materials must undergo a series of operations and processes before they can be employed in the production of stone paper. The value chain consists mostly of industries that fall into distinct categories, such as raw material suppliers, distributors/suppliers, manufacturers, end-users, and aftermarket industries.
Authorities across Canada have become increasingly worried about waste packaging and resource consumption. In addition, there has been an increase in the demand for sustainable brands and less packaging. Concurrently, merchants have begun to advocate for more sustainable packaging to cut supply chain costs and satisfy customer preferences for environmentally friendly products and packaging. Businesses across the supply chain adopt sustainability as a strategic objective and commercial imperative. In response to these issues, the Canadian Council of Ministers of the Environment (CCME) has devised a strategy to minimize packaging waste in Canada and encourage more sustainable packaging options. This will aid the market growth in the region.
The US market dominated the North America Stone Paper Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $210.9 Million by 2028. The Canada market is poised to grow at a CAGR of 8% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 7% during (2022 - 2028).
Based on Product Type, the market is segmented into Packaging Papers, Self-adhesive Papers, Labeling Papers, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Stone Paper Market is Predict to reach $1.2 Billion by 2028, at a CAGR of 6.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include TBM Co., Ltd., Stone Paper Global Technologies Ltd., AM Packaging Company Limited, Shenzhen Stone Paper Enterprise Ltd., WestRock Company, Taiwan Longmeng Composite Materials Co., Ltd., STP Stone Paper Products GmbH, Sphera International, Pishgaman Sanat Sabz and The Stone Paper Company Limited.
By Product Type
By Country
Our team of dedicated experts can provide you with attractive expansion opportunities for your business.
Unique Offerings 