GCC Stone Paper Market Overview:
The GCC stone paper market was worth US$ XX Billion in 2022, expanding at a CAGR of X% during 2017-2022. The market is projected to register a CAGR of X% during 2023-2028, reaching US$ XX Billion by 2028. Stone paper is an ecologically sustainable alternative to traditional paper made from naturally occurring calcium carbonate (limestone) and high-density polyethylene resin (HDPE). It is non-toxic, durable, easily recyclable, and resistant to water, fire and grease. As a result, it is extensively used in stationery items, packaging materials, cutlery, adhesives and containers.
In the GCC region, the increasing environmental concerns represent the primary factor escalating the demand for eco-friendly alternatives such as stone paper. Furthermore, the widespread availability of limestone, inadequate water resources and limited forest cover across the GCC countries are creating a favorable market outlook. Moreover, the growing adoption of stone paper in the packaging industry and decreasing usage of single-use plastics are some of the other factors anticipated to impact the market growth.
Beginning with a regional overview, the report explores the dynamics that have a strong influence on the GCC stone paper market and can also impact its future growth. Taking 2022 as the base year, the report covers historical market scenario from 2017-2022 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 stone paper market in Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman and Bahrain. For each of these regions, the report studies the GCC stone paper market in detail for latest trends, outlook and opportunities.
The report analyses the competitive structure of the GCC stone 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 stone paper market industry along the parameters of the Porter’s Five Forces model. This model examines the degree of competition in the GCC stone 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 stone paper market industry. Furthermore, the value chain analysis of the GCC stone 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 Stone Paper Market Segment Insights:
The GCC stone paper market has been analysed as followed:
By Application:
By Country:
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 Stone Paper Market Report:
Report Customisation:
The GCC stone 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.
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