GCC Specialty Paper Market

GCC Specialty Paper Market Overview:

The GCC specialty paper market was worth US$ XX Billion in 2023, expanding at a CAGR of X% during 2018-2023. The market is projected to register a CAGR of X% during 2024-2029, reaching US$ XX Billion by 2029.. Specialty paper refers to a grade of paper designed and produced for a specific purpose, such as water filtration, masking tapes, packaging beverages, and printing currency notes. They are produced using nano-based composites, fibers, wood chips and pulp materials, and recycled paper. They provide various benefits such as better performance, reduced weight, minimize chance of contamination, improved product shelf life, optimum density, smoothness, dimensional stability, moisture retention,  and seamless transportation handling. Owing to these benefits, specialty papers find extensive applications across retail, construction, labeling, laundry care, packaging, building and construction, printing and writing, and the healthcare sectors across the region.

The market is primarily driven by the rising product adoption in the construction industry. This can be attributed to the growing popularity of decorative interiors, the rising infrastructure development projects, and the increasing use of masking tape for painting, designing, and masking doorframes and walls. In addition, the widespread adoption of specialty paper as the packaging material in the food and beverage (F&B) industry and the escalating demand for on-the-go food products are contributing to the market growth. Moreover, the shifting consumer preference toward specialty paper alternatives owing to various stringent policies related to the use of plastic bags represents another major growth-inducing factor. Besides this, the escalating demand for specialty paper in the cosmetics and personal care industry for packaging purposes due to its various benefits, including improved pH levels, hygiene, and moisture retention, is providing a positive thrust to the market growth. Along with this, the growing environmental awareness among individuals is escalating the demand for glassine paper as a sustainable alternative, which is propelling the market growth. Furthermore, key players are investing in research and development (R&D) activities to introduce new products with updated technology to meet consumer requirements, creating a positive market outlook across the GCC region.

Beginning with a regional overview, the report explores the dynamics that have a strong influence on the GCC specialty paper market and can also impact its future growth. Taking 2023 as the base year, the report covers historical market scenario from 2018-2023 and provides forecasts till 2028. This includes the study of value and volume trends and pricing history. Growth inducing factors, market restraints and recent developments have also been analysed in the report in order to provide a deeper knowledge about the industry. On a regional basis, the report examines the GCC specialty paper market in Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman and Bahrain. For each of these regions, the report studies the GCC specialty paper market in detail for latest trends, outlook and opportunities.

The report analyses the competitive structure of the GCC specialty paper market industry and provides the profiles of major players operating in the market. The price margins for the products along with the various success and risk factors for manufacturers have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the GCC specialty paper market industry along the parameters of the Porter’s Five Forces model. This model examines the degree of competition in the GCC specialty paper market industry by analysing the threat posed by new entrants and substitutes, and the bargaining power of suppliers and buyers. SWOT analysis of the market has also been presented in the report which highlights the strengths, weaknesses, opportunities and threats pertaining to the GCC specialty paper market industry. Furthermore, the value chain analysis of the GCC specialty paper market industry has also been covered in the report. This comprises of all the activities in the value chain, such as the procurement of various raw materials, manufacturing, sales and distribution.

GCC Specialty Paper Market Segment Insights:

The GCC specialty paper market has been analysed as followed:

Segmentation by Type:

• Label and Release Papers
• Printing Papers
• Flexible Packaging Papers
• Rolling Papers
• Décor Papers
• Banknotes and Security Papers
• Others

Segmentation by Raw Material:

• Pulp
• Fillers & Binders
• Additives
• Coatings
• Others

Segmentation by Application:

• Packaging and Labeling
• Printing and Writing
• Industrial Use
• Building and Construction
• Food Service
• Others

Segmentation by Country:

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

Country-wise, the market has been segmented into Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman and Bahrain. Amongst these, Saudi Arabia represents the largest market, accounting for majority of the GCC region.

Competative Landscape: 

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Highlights of the GCC Specialty Paper Market Report:

• Historical and current scenario
• Trends and developments
• Impact of COVID-19
• Market forecast
• Price analysis and forecast
• Porter’s five forces analysis
• SWOT analysis
• Value chain analysis

Report Customisation:

The GCC specialty paper market report can be customised as per your requirements. You can get in touch with our analyst, who will make sure that the report suits your research needs.