United States Specialty Paper consumption was 5522.6 K MT in 2017
Thursday, 11 Oct, 2018
The United States Specialty Paper consumption was 5522.6 K MT in 2017 in terms of volume, and it is predicted to reach 5993.9 K MT in 2025, at a CAGR of 1.02%. In 2017, the United States Specialty Paper market is led by The Midwest, capturing about 24.95% of United States Specialty Paper consumption. The South is the second-largest region-wise market with 23.09% of consumption share.
At present, the major manufacturers of Specialty Paper are KapStone, Glatfelter, International Paper, Domtar, SMW, Georgia-Pacific. KapStone is the United State leader, holding 11.59% Sales market share in 2017.
Specialty papers, as their name implies, feature special products for special applications. In 2017, the total specialty paper and paperboard market consumption was 2273.3 K MT for Packaging & Labeling sectors. The Packaging and Labeling sector accounts for the largest volume, principally because of release papers, aseptic packaging, liquid packaging boards, and lightweight packaging papers. This sector represents 41.16% of total specialty paper consumption in 2017.
In the future, United States market is expected to witness significant growth on account of rising applications, so in the next few years, Specialty Paper production will show a trend of steady growth. In 2025 the value of Specialty Paper is estimated to be 6481 Million USD.