GCC Stone Paper Market Size, Share & Trends Analysis Report, By Application (Packaging Papers, Labeling Papers, and Self-Adhesive Papers), Forecast (2022-2028)

GCC stone paper market is anticipated to grow at a CAGR of 4.0% during the forecast period (2022-2028). Stone paper, also referred to as bio-plastic paper, mineral paper or rich mineral paper, is a strong and durable paper-like material manufactured from naturally occurring calcium carbonate or limestone, bonded with high-density polyethylene resin. GCC countries being a host of major environmental challenges, from water scarcity to climate change adaptation, are particularly looking for an environmentally sustainable alternative to normal paper that requires deforestation. This is anticipated to be the key factor driving the GCC countries stone paper market. Due to the sustainable properties of stone paper over traditional one, and other key benefits such as its non-toxic property, durability, easy recyclability, and resistance to fire, water, and grease, it serves as the best alternative to traditional paper. Therefore, it is extensively used in the GCC region for packaging materials, cutlery, stationery items, adhesives and containers.

It is used in various same applications as cellulose-based paper. The market growth is also attributable to the growing initiatives to reduce deforestation that has fostered the use of an alternative paper material such as stone paper. Adding to this, the market growth is also boosted by the growth in the packaging and stationery industry within the GCC economies owing to the rising need for high-quality and efficient labelling, and increasing organized retails. Another promising factor providing crucial growth opportunities to the GCC countries stone paper market include the growing e-commerce operations in the region that primarily demands a sustainable packaging solution such as stone paper.

Market Coverage

• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
  • By Application
• Countriescovered-
  • UAE
  • Saudi Arabia
  • Qatar
  • Kuwait
  • Oman
  • Bahrain
• Competitive Landscape: Pishgaman Stone Paper, and TBM Co. Ltd., among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?

 

GCC Stone Paper Market Report by Segment

By Application

• Packaging Papers
• Labeling Papers
• Self-Adhesive Papers