Stone Paper Market to Reach 1500 Million US$ by 2025

stone paper market

Stone Paper (also traded as Rock Paper, Paper from Waste Marble, Mineral Paper, Rich Mineral Paper, Sustainable Paper or Eco Paper) is a type of strong, and durable paper-like product manufactured from calcium carbonate bonded with high-density polyethylene (HDPE). It is used for stationery, leaflets, posters, books, magazines, bags, packaging, wallpaper, adhesives, tags, in-mould labels, plates, trays, containers and many other uses.

The Stone Paper is expected to grow at a CAGR of 8.76% from 748.39 million USD in 2017 to reach 1465.88 million USD by 2025 in global market. The stone paper market is very concerted market; the revenue of top twelve manufacturers accounts about 86% of the total revenue in 2017.

Geographically, the global stone paper market has been segmented into North America, Europe, Asia-Pacific, South America and Middle East & Africa. The Asia-Pacific held the largest share in the global market, its revenue of global market exceeds 48% in 2017. The next is Europe.

The global Stone Paper market is valued at 750 million US$ in 2017 and will reach 1500 million US$ by the end of 2025, growing at a CAGR of 9.1% during 2018-2025.

 

Leave a Reply

Your email address will not be published.