GCC Stone Paper Market Report by Application (Packaging, Printing and Writing, and Others), and Country 2024-2032

GCC Stone Paper Market Report by Application (Packaging, Printing and Writing, and Others), and Country 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A3293
Year End sale Buy Now

Market Overview:

The GCC stone paper market size reached US$ 221.8 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 841.7 Million by 2032, exhibiting a growth rate (CAGR) of 15.5% during 2024-2032.

Report Attribute                                                            
 Key Statistics                   
Base Year
2023 
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023 US$ 221.8 Million
Market Forecast in 2032 US$ 841.7 Million
Market Growth Rate (2024-2032) 15.5%


Stone paper refers to a white-colored paper variant that is primarily manufactured by combining calcium carbonate (limestone) and high-density polyethylene resin (HDPE). It is non-toxic, fire-, grease- and water-resistant, food-safe, recyclable, etc. Stone paper is an ecologically sustainable alternative of conventional paper as it is derived from naturally-occurring limestone, thereby limiting the dependency on wood. As a result, it finds extensive applications in the manufacturing of packaging materials, stationery goods, adhesives, cutlery, etc.

In the GCC region, the rising environmental concerns towards continuous depletion of natural timber for paper production are primarily driving the demand for eco-friendly alternatives, such as stone paper. Additionally, the wide availability of limestone in the region due to favorable geographic conditions is also propelling the market for stone paper. Furthermore, the limited presence of forest cover and inadequate water resources across the GCC countries are augmenting the demand for stone paper as a dependable substitute for conventional paper. Apart from this, the expanding packaging industry is further catalyzing the demand for stone paper in producing various packaging materials, including pouches, bags, boxes, etc. Additionally, the growing consumer awareness towards the recyclable and eco-friendly nature of stone paper is also bolstering its usage in the printing sector. In the coming years, the declining usage of single-use plastic products will further continue to drive the demand for stone paper-based bags and food containers in the GCC region.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the GCC stone paper market report, along with forecasts at the regional and country levels from 2024-2032. Our report has categorized the market based on application.

Breakup by Application:

GCC Stone Paper Market

  • Packaging
  • Printing and Writing
  • Others
     

Breakup by Country:

GCC Stone Paper Market By Country

  • Saudi Arabia
  • United Arab Emirates
  • Qatar
  • Kuwait
  • Oman
  • Bahrain
     

Competitive Landscape:

The competitive landscape of the market is characterized by the presence of numerous small and large manufacturers who compete in terms of prices and quality. Some of the leading players operating in the market are Azerbaijan Green Paper Company, Hangzhou Gerson Paper Co. Ltd, Pishgaman Sanat Sabz Company, Shanxi Uni-Moon Lungmeng Green Paper Co. Ltd., Shenzhen Stone Paper New Materials Co. Ltd, Taiwan Lung Meng Technology Corporation Limited and TBM Co. Ltd.

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Million
Segment Coverage Application, Country
Countries Covered Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman, Bahrain
Companies Covered Azerbaijan Green Paper Company, Hangzhou Gerson Paper Co. Ltd, Pishgaman Sanat Sabz Company, Shanxi Uni-Moon Lungmeng Green Paper Co. Ltd., Shenzhen Stone Paper New Materials Co. Ltd, Taiwan Lung Meng Technology Corporation Limited and TBM Co. Ltd.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report:

  • How has the GCC stone paper market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the GCC stone paper market?
  • What are the key regional markets?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the GCC stone paper market and who are the key players?
  • What is the degree of competition in the industry? 

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GCC Stone Paper Market Report by Application (Packaging, Printing and Writing, and Others), and Country 2024-2032
Purchase Options Year End sale




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