India Stone Paper Market Size & Outlook, 2022-2030
India stone paper market, 2018-2030 (US$M)
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India stone paper market highlights
- The India stone paper market generated a revenue of USD 52.0 million in 2022 and is expected to reach USD 91.6 million by 2030.
- The India market is expected to grow at a CAGR of 7.3% from 2023 to 2030.
- In terms of segment, packaging papers was the largest revenue generating application in 2022.
- Self-adhesive Papers is the most lucrative application segment registering the fastest growth during the forecast period.
Stone paper market data book summary
| Market revenue in 2022 | USD 52.0 million |
| Market revenue in 2030 | USD 91.6 million |
| Growth rate | 7.3% (CAGR from 2022 to 2030) |
| Largest segment | Packaging papers |
| Fastest growing segment | Self-adhesive Papers |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Packaging Papers, Labelling Papers, Self-adhesive Papers |
| Key market players worldwide | Packaging Corp of America, Shenzhen Stone Paper Enterprise, KapStone, Karst Stone Paper, Guangzhou Digital Media, Stone Paper Global Technologies |
Other key industry trends
- In terms of revenue, India accounted for 6.3% of the global stone paper market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China stone paper market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 91.6 million by 2030.
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Stone Paper Market Scope
Stone Paper Market Companies
| Name | Profile | # Employees | HQ | Website |
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India stone paper market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to stone paper market will help companies and investors design strategic landscapes.
Packaging papers was the largest segment with a revenue share of 45.58% in 2022. Horizon Databook has segmented the India stone paper market based on packaging papers, labelling papers, self-adhesive papers covering the revenue growth of each sub-segment from 2018 to 2030.
India, an economy witnessing fastest growth in Asia Pacific is expected to have significant expansion opportunities for stone paper market. Presence of stone paper manufacturers in India including Bonafide Exp, Crest Container Line Pvt Ltd, Damco India Pvt Limited, Noble Industries and Sumela Exp Pvt Ltd are likely to offer expansion opportunities for the stone paper market in India.
Rising adoption of environmental-friendly products coupled with implementation of strict plastic regulations are likely to enhance the demand for stone paper in the country. Moreover, many manufacturers operating in the paper and pulp industry face difficulties associated with pulp characteristics such as high moisture absorption and low tear resistance.
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Our clientele includes a mix of stone paper market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the India stone paper market , including forecasts for subscribers. This country databook contains high-level insights into India stone paper market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India stone paper market outlook size, by application, 2018-2030 (US$M)
India Stone Paper Market Outlook Share, 2022 & 2030 (US$M)
Related regional statistics
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