Market Share of Specialty Papers Industry
The specialty papers market is highly competitive. The players in the specialty papers market are focusing on recyclability and sustainability to widen their consumer base. Product differentiation and quality enhancement are key focus areas of key players such as Nippon Paper Industries Co., Ltd., Stora Enso Oyj, Sappi Limited, Mondi Group Plc, and others in the specialty papers market. Some key developments of the market are:
- August 2022: Arttek Solutions in Bengaluru, India, collaborates with BillerudKorsnäs to replace plastic straws in India. Arttek Solutions has collaborated with BillerudKorsnäs to drive innovation, selecting BillerudKorsnäs ConFlex Glaze as its straw material. A 100% recyclable and sustainable high-quality MG specialty paper made from FSC-certified Scandinavian forests.
- July 2022: Mill Rock Packaging Partners, a portfolio company of private investment firm Mill Rock Capital, has acquired US-based specialty packaging and printing company Impressions.
- July 2022: Neenah Paper Inc. and Schweitzer-Mauduit International, Inc. completed their merger and are now operating under the name Mativ Holdings Inc. The two specialty paper manufacturers announced a plan to form a company with USD 3 billion in annual sales in March. This newly formed company touted its strong market share in emerging categories such as health care and wellness, protective and adhesive solutions, industrial solutions, packaging paper, and specialty paper.
Specialty Paper Market Leaders
Nippon Paper Industries Co., Ltd.
Stora Enso Oyj
Sappi Limited
Mondi Group PLC
International Paper Company
*Disclaimer: Major Players sorted in no particular order
