WILMINGTON, DE / ACCESSWIRE / September 1, 2022 / Transparency Market Research Inc. - Stone paper market demand analysis underscores the fact that the products are preferred over conventional paper due to environment-friendly properties. Packaging firms are utilizing the tear, water, and oil-resistant properties of stone paper to meet the demands from customers in multiple industries. Water resistant paper materials are gaining traction in decoration and metro advertising applications. The stone paper market size is projected to exceed US$ 1.3 Bn by 2030.
Firms in the stone paper market are witnessing abundant demand from the flexible packaging industry. Brands in the F&B industry are preferring sustainable paper-based packaging materials, thus creating lucrative growth opportunities for market players. The application of stone paper in the packaging sector will propel substantial revenue streams. Of note, stone paper is massively utilized in heavy-duty bags, stand up pouches, and side gussets.
Advancement in technologies used in the manufacture of paper is a key underpinning for the expansion of avenues in the stone paper market. Stridently, the urge to develop eco-friendly products has led producers combine recycled stone paper and virgin stone paper. Of note, stakeholders in stone paper market are leaning on Cradle-to-Cradle sustainability approaches to attract prospects and garner competitive gains, found stone paper market trends.
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Key Findings of Stone Paper Market Study
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Stone Paper Market: Key Drivers
Stone Paper Market: Competition Landscape
Key players are keenly implementing strategies to expand their footprint across the globe. Many prominent players are leveraging the synergies of strategic partnerships and acquisitions toward this objective.
Some of the key players in stone paper market are Stone Paper Italia, Sphera International, Armen Paper, Shenzhen Stone Paper New Materials Co., Ltd., Pishgaman Sanat Sabz, and TBM Co., Ltd.
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