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Absorbent Paper Market worth $203.48 billion by 2030, growing at a CAGR of 5.31% - Exclusive Report by 360iResearch

03-25-2024 01:39 PM CET | Chemicals & Materials

Press release from: 360iResearch

Absorbent Paper Market | 360iResearch

Absorbent Paper Market | 360iResearch

The "Absorbent Paper Market by Product (Bibulous Paper, Blotting Paper, Filter Paper), Material (Cellulose-Based, Cotton Fiber-Based, Synthetic Fibers-Based), End-Use - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

The Global Absorbent Paper Market to grow from USD 141.56 billion in 2023 to USD 203.48 billion by 2030, at a CAGR of 5.31%.

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Absorbent paper refers to a specialized category of paper material designed specifically for absorbing and retaining liquids. This type of paper is characterized by its high porosity, softness, and intrinsic wet strength, which enable it to soak up and hold moisture effectively. Absorbent paper is extensively utilized across various industries, including medical, laboratory research, food packaging, and domestic applications, reflecting its versatility and functional importance. Growth in the absorbent paper landscape is driven by increasing healthcare hygiene standards, growth in food service and packaging industries, and the rising need for eco-friendly spill management solutions in industries. Despite its broad application scope, the demand for absorbent paper faces limitations and challenges. The fluctuation in raw material prices affects production costs, and the increasing push towards digitization and paperless operations in various sectors could dampen the demand for absorbent paper. Moreover, developing products that incorporate biodegradable and sustainable materials can enhance the product offerings and cater to the growing demand for eco-friendly products. Integrating novel materials and technology in manufacturing processes also offers a competitive edge for the key companies.

In the Americas, the United States is significant in consuming and producing absorbent paper products, driven by a robust healthcare sector, a growing consumer preference for eco-friendly products, and an innovative food packaging industry. Canada mirrors these trends, with sustainability and eco-consciousness at the forefront of consumer purchasing behavior. Recent patents in the region demonstrate a focus on biodegradable and recyclable absorbent paper solutions, with significant investments in expanding production capacities and enhancing recycling infrastructure. At the same time, The EMEA shows a strong commitment to environmental sustainability, which significantly impacts the absorbent paper market. Stricter regulations on packaging and waste management have spurred innovation in the reg's recyclable and reusable absorbent paper production. Moreover, the Asia Pacific region is witnessing rapid growth in the absorbent paper market, led by China, Japan, and India. China's market is characterized by large-scale production and an expanding domestic demand linked to rising consumer income and industrial growth. Japan, known for its technological prowess, focuses on high-quality, innovative, absorbent paper products that offer enhanced functionality. India's market is driven by increasing awareness of hygiene practices amongst its growing middle-class population, leading to a higher demand for personal care and healthcare-absorbent paper products. The region is a hub of activity for patents, with a notable emphasis on innovations that contribute to sustainability and environmental welfare.

Market Segmentation & Coverage:

This research report categorizes the Absorbent Paper Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Product, market is studied across Bibulous Paper, Blotting Paper, Filter Paper, Oil Absorbing Paper, and Towel & Tissue Paper. The Blotting Paper is projected to witness significant market share during forecast period.

Based on Material, market is studied across Cellulose-Based, Cotton Fiber-Based, and Synthetic Fibers-Based. The Cotton Fiber-Based is projected to witness significant market share during forecast period.

Based on End-Use, market is studied across Food & Beverage, Medical, Packaging, and Personal Care & Home Care. The Packaging is projected to witness significant market share during forecast period.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 36.12% in 2023, followed by Asia-Pacific.

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FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Absorbent Paper Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Absorbent Paper Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the Absorbent Paper Market, highlighting leading vendors and their innovative profiles. These include Ahlstrom-Munksjö, Cascades Inc., Clearwater Paper Corporation, Daycon by Envoy Solutions Company, Domtar Corporation, Essity AB, Glatfelter Corporation, Hokuetsu Corporation, Kimberly-Clark Corporation, Koehler Paper Group, Kruger Inc., Metsä Group, Mondi Group, Neenah Inc., Nippon Paper Industries Co., Ltd., PG Paper Company Ltd., PRAK Group of Companies, Resolute Forest Products, Smurfit Kappa Group, Sofidel Group, Sorbent Paper Company Pty Ltd, Stora Enso, Suzano Papel e Celulose, The International Paper Company, Unicharm Corporation, UPM-Kymmene Oyj, and Venkraft Paper Mills Pvt.Ltd..

Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Absorbent Paper Market, by Product
7. Absorbent Paper Market, by Material
8. Absorbent Paper Market, by End-Use
9. Americas Absorbent Paper Market
10. Asia-Pacific Absorbent Paper Market
11. Europe, Middle East & Africa Absorbent Paper Market
12. Competitive Landscape
13. Competitive Portfolio

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Absorbent Paper Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Absorbent Paper Market?
3. What is the competitive strategic window for opportunities in the Absorbent Paper Market?
4. What are the technology trends and regulatory frameworks in the Absorbent Paper Market?
5. What is the market share of the leading vendors in the Absorbent Paper Market?
6. What modes and strategic moves are considered suitable for entering the Absorbent Paper Market?

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Contact 360iResearch

Mr. Ketan Rohom
Sales & Marketing,
Office No. 519, Nyati Empress,
Opposite Phoenix Market City,
Vimannagar, Pune, Maharashtra,
India - 411014.
sales@360iresearch.com
+1-530-264-8485
+91-922-607-7550

About 360iResearch

360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.

We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.

Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.

Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.

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