International Paper, WestRock Company, and Domtar Corporation are dominating the Global Specialty Paper Market in 2019

Global Specialty Paper Market is expected to grow with the CAGR of 7.7% in the forecast period of 2020 to 2027. The years considered for study are as mentioned below.

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Global specialty paper market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.

The major players dealing in specialty paper market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio. For instance, in February 2020, Stora Enso has done an expansion in product portfolio of renewable packaging materials by the launch of new dispersion barrier materials to be used in food packaging and paper cups. The launch has enhanced their product portfolio which generates revenue of the business.

International Paper is the dominating player in global specialty paper market. The other key players existing in the market includes Asia Pulp & Paper (APP) Sinar Mas, Sappi, NIPPON PAPER INDUSTRIES CO., LTD., Ahlstrom-Munksjö, Georgia-Pacific, Robert Wilson Paper, WestRock Company, Domtar Corporation, Oji Holdings Corporation, Stora Enso, Smurfit Kappa, Fedrigoni Holding Limited, ND Paper LLC (A Subsidiary of Nine Dragons Worldwide (China) Investment Group Co., Ltd.), Kruger Inc., Wausau Coated Products, Inc, The Griff Network, Pudumjee Paper Products, Onyx Papers and JK Paper among others.

International Paper:

International Paper headquartered in Tennessee, U.S. was founded in 1898. The company is engaged in manufacturing and commercializing of fiber-based packaging, pulp and paper products across the world. The company has multiple business segments including industrial packaging, printing papers, global cellulose fibers, corporate & intersegment. In this, printing papers is the market focused segment. The company has wide product portfolio such as North America- cellulose fibers, containerboard, corrugated packaging, papers, commercial recycling, in which papers is the market focused category.

The company has wide presence across Asia-Pacific, Europe, Middle East and Africa, North America, and South America. The company also has various subsidiary companies such as Temple-Inland (U.S.), Hammermill Paper Company (U.S.), Olmuksan International Paper (Turkey), International Paper S.A. (South Africa), International Paper (India) Private Limited (India) among others.  

WestRock Company:

WestRock Company headquartered in Georgia, U.S., is engaged in providing wide range of products including beauty and personal care, beverage, commercial printing, e-commerce across the word. The company has wide product portfolio such as beauty and personal care, beverage, commercial printing, e-commerce, food, foodservice, healthcare, home & garden, luxury, media and electronics, retail, tobacco, automation, containerboard, kraft paper, paperboard, in which kraft paper is the market focused category.

  • In December 2017, Westrock Company announced that they have acquired Plymouth Packaging, Inc. which is a corrugated packaging company. This acquisition integrated the company’s containerboard system.

The company has wide presence across North America, South America, Europe, Asia-Pacific, and Middle East and Africa. The company also has subsidiary company such as Kapstone (U.S.).

Domtar Corporation:

Domtar Corporation headquartered in Quebec, Canada, was founded in 1848. The company is engaged in manufacturing and commercializing specialty and packaging papers across the world. The company has multiple business segments including pulp and paper, and personal care. In this pulp and paper is the market focused segment. The company has wide product portfolio such as paper, personal care products, pulp, biomaterials, in which paper is the market focused category.

  • In April 2020, Domtar Corporation announced that they acquired the U.S. based Point of Sale (POS) paper business of Appvion Operations, Inc., after this acquisition the company will become a large-scale, integrated producer of POS paper.

The company has wide presence across North America, and Europe. The company also has various subsidiary companies such as Domtar (Canada) Paper Inc (Canada), eb eddy (Canada), Domtar Maine Corp (U.S.), Domtar Industries LLC (Canada), Red Lake Forest Management Inc. (Australia) among others.