The global specialty paper market size is expected to witness elevated growth owing to the increasing number of online shopping portals and rising home deliveries during the forecast period. This information is provided by Fortune Business Insights™, in its report, titled, “Specialty Paper Market, 2024-2032.” Also, factors such as increasing digitization will increase the footprint of the market.

COVID-19 Impact

Lockdowns & Disrupted Supply Chains to Reduce Market Share During Pandemic

The ongoing pandemic created financial ripples for the market of specialty paper during the intended forecast. Disrupted supply chains & logistics and a shattered transport sector led to a decrease of the market volume exponentially at the beginning of the pandemic. Reduced operations from dependent industries such as packaging, building & construction led to a decrease in sales. Players in the sector were also allowed to continue operations after a brief shutdown period with a less-than-optimal workforce, leading to a slow revival of the market.

Information Source: https://www.fortunebusinessinsights.com/specialty-paper-market-104618

Top Company in the Speialty Paper Market:

• UPM-Kymmene Oyj (Finland)
• Glatfelter Corporation (U.S.)
• Mondi (U.K.)
• Domtar Corporation (U.S.)
• Stora Enso (Finland)
• International Paper (U.S.)
• Ahlstrom-Munksjo (Finland)
• Sappi Ltd. (South Africa)
• Nippon Paper Industries CO. LTD. (Japan)
• Robert Wilson Paper Corporation (U.S.)

Segments

Based on product type, the market can be divided into packaging papers, décor papers, labelling papers, office papers, and others.

By material, the market can be broken down into natural material & recycled material.

With respect to distribution channel, the market can be segmented across specialty retails, online stores, and others.