The leading players in the specialty papers market are focusing on recyclability and sustainability to widen their consumer base. Product differentiation along with quality enhancement is a key focus area of key players in the Specialty Papers Market. Mondi Ltd and International Paper continue to lead the market in terms of business strength and industry attractiveness. With large presence across various countries and huge product portfolio, both companies are likely to remain dominant in the near future. Other key players are focusing on strategic partnerships and new product launches.
Mondi Ltd is also planning to change its company into single holding company under Mondi PLC. The simplification will be achieved by South African scheme of agreement where Mondi PLC will acquire Mondi Ltd. The aim of simplification is to increase transparency, enhance flexibility and remove current structure complexity.
Stora Enso Oyj has signed an agreement to acquire forest holding in Sweden by Bergvik Skog AB. The transaction is likely to be completed by the first half of 2019. The acquisition will increase the Stora Enso’s forest holding to 1.4 million hectares.
Packaging and Labeling Applications Drive Demand
The rise in e-commerce sector across various countries is driving the demand for specialty papers for packaging and labeling. With the growing demand for sustainable packaging solutions Salomon XT Hornet Sale , manufacturers are offering eco-friendly papers products.
Rugged packaging is finding widespread application in pet food and other foods. This type of packaging is used for extending the shelf life, and maintaining the quality of food product. Meanwhile, the rise in the food service business Salomon S-LAB SENSE Sale , restaurants, and online food ordering business is leading to the huge demand for grease resistant papers for packaging. Paperboards with unique characteristics and different grades are widely used as medicinal, cereal Salomon XT Hawk Sale , and cosmetic boxes.
Stone papers which are naturally greaseproof and waterproof are emerging as a feasible alternative to traditional papers. Stone papers are produced by using eco-friendly production process without using water. They have also been recognized as a safe product with certified food grade by FDA.