Hemp Paper Market Report - (Growth and Size by 2031)
The Hemp Paper Market is expected to register a CAGR of 15 % from 2024 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The report is segmented by source (long bast fiber, short bast fiber). The report further presents analysis based on application (rolling paper, filter paper, currency, envelopes, tea bags, hygienic tissue products, others). Global analysis is further broken-down at regional level and major countries. In terms of geography, the market is divided into North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America). The report offers the Value in USD for the above analysis and segments.
Purpose of the ReportThe report Hemp Paper Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Hemp Paper Market Segmentation
Source- Long Bast Fiber
- Short Bast Fiber
- Rolling Paper
- Filter Paper
- Currency
- Envelopes
- Tea Bags
- Hygienic Tissue Products
- Others
Strategic Insights
Hemp Paper Market Growth Drivers- Sustainability and Eco-conscious Consumers: The growing preference for sustainable and eco-friendly products is driving the hemp paper market. Hemp is a fast-growing, renewable resource that requires fewer chemicals and less water than traditional wood-based paper production. With increasing consumer awareness of environmental issues and deforestation, hemp paper is gaining popularity as a sustainable alternative.
- Rising Demand for Eco-friendly Packaging and Stationery: The shift towards eco-friendly packaging materials is a key factor influencing the hemp paper market. Industries such as food and beverages, cosmetics, and retail are adopting hemp-based packaging to cater to environmentally conscious consumers. Moreover, the demand for recycled and biodegradable paper products in the stationery sector is driving the growth of hemp paper as an alternative to traditional paper products.
- Regulatory Support for Hemp Cultivation: As governments and regulators around the world loosen restrictions on hemp farming and its by-products, the availability of raw material for hemp paper production has increased. Policies promoting sustainable agriculture and the use of non-wood fibers are expected to further boost the adoption of hemp paper, especially in regions like North America and Europe.
- Technological Advances in Hemp Paper Production: The future of the hemp paper market is likely to be shaped by technological innovations that make hemp paper production more efficient and cost-effective. New processing methods to extract fibers from hemp more sustainably, along with improved papermaking machinery, could help scale production and reduce costs, making hemp paper a more competitive alternative to wood-based paper.
- Mainstream Adoption in Packaging and Retail: As sustainability becomes a more pressing global issue, hemp paper could become a mainstream material in the packaging and retail industries. With consumer demand for eco-friendly packaging on the rise, major brands may increasingly adopt hemp-based paper products for everything from shopping bags to product packaging, driving growth in the market.
- Increased Regulation and Certification for Sustainable Products: As environmental regulations tighten globally, there will likely be a greater emphasis on certification systems for sustainable products. The hemp paper market may benefit from this trend, as certifications like FSC (Forest Stewardship Council) and organic or carbon-neutral labels could give hemp paper a competitive edge in markets where sustainability is a key concern.
- Increasing Government Support for Sustainable Agriculture: As governments globally adopt stricter regulations on deforestation and encourage sustainable farming practices, hemp paper is gaining traction as a renewable alternative to traditional wood pulp-based paper. Subsidies and incentives for hemp cultivation will drive growth in the hemp paper market, providing opportunities for manufacturers to scale production.
- Growing Consumer Demand for Eco-Friendly Products: The growing awareness of environmental issues has led to increased consumer demand for eco-friendly products, including paper made from sustainable sources. Hemp paper, which uses fewer chemicals and water than wood-based paper, presents a significant opportunity for companies to meet this rising demand for green alternatives, particularly in packaging, printing, and stationery markets.
- Advancements in Hemp Fiber Processing Technology: Technological advancements in hemp fiber extraction and processing are opening up opportunities for scaling hemp paper production. Improved machinery and techniques that reduce costs while increasing fiber yield will make hemp paper more competitive with traditional paper products, expanding its adoption across various industries such as publishing, packaging, and commercial printing.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Hemp Paper Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Hemp Paper Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
The report can be delivered in PDF/Word format, we can also share excel data sheet based on request.
The growing notable shift towards eco-friendly products is one of the key trend in the hemp paper market.
Hussain Hand Made Paper, Greenfield, Rawganique USA, Legion Paper, TreeFreeHemp, PureHemp Technology LLC, Bluecat Paper, Planetgreen, Hemp Foundation are the key players operating in the hemp paper market.
Based on geography, North America held the largest share of the hemp paper market.
Sustainability and eco-conscious consumers is driving the hemp paper market growth
The Hemp Paper Market is estimated to witness a CAGR of 15 % from 2023 to 2031
TABLE OF CONTENTS
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Hemp Paper Market - By Category
1.3.2 Hemp Paper Market - By Application
1.3.3 Hemp Paper Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. HEMP PAPER MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS
5. HEMP PAPER MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. HEMP PAPER MARKET - GLOBAL MARKET ANALYSIS
6.1. HEMP PAPER - GLOBAL MARKET OVERVIEW
6.2. HEMP PAPER - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. HEMP PAPER MARKET - REVENUE AND FORECASTS TO 2028 - CATEGORY
7.1. OVERVIEW
7.2. CATEGORY MARKET FORECASTS AND ANALYSIS
7.3. ORGANIC
7.3.1. Overview
7.3.2. Organic Market Forecast and Analysis
7.4. CONVENTIONAL
7.4.1. Overview
7.4.2. Conventional Market Forecast and Analysis
8. HEMP PAPER MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. STATIONERY
8.3.1. Overview
8.3.2. Stationery Market Forecast and Analysis
8.4. FILTER PAPER
8.4.1. Overview
8.4.2. Filter Paper Market Forecast and Analysis
8.5. BANK NOTES
8.5.1. Overview
8.5.2. Bank Notes Market Forecast and Analysis
8.6. TEA BAGS
8.6.1. Overview
8.6.2. Tea Bags Market Forecast and Analysis
8.7. OTHERS
8.7.1. Overview
8.7.2. Others Market Forecast and Analysis
9. HEMP PAPER MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Hemp Paper Market Overview
9.1.2 North America Hemp Paper Market Forecasts and Analysis
9.1.3 North America Hemp Paper Market Forecasts and Analysis - By Category
9.1.4 North America Hemp Paper Market Forecasts and Analysis - By Application
9.1.5 North America Hemp Paper Market Forecasts and Analysis - By Countries
9.1.5.1 United States Hemp Paper Market
9.1.5.1.1 United States Hemp Paper Market by Category
9.1.5.1.2 United States Hemp Paper Market by Application
9.1.5.2 Canada Hemp Paper Market
9.1.5.2.1 Canada Hemp Paper Market by Category
9.1.5.2.2 Canada Hemp Paper Market by Application
9.1.5.3 Mexico Hemp Paper Market
9.1.5.3.1 Mexico Hemp Paper Market by Category
9.1.5.3.2 Mexico Hemp Paper Market by Application
9.2. EUROPE
9.2.1 Europe Hemp Paper Market Overview
9.2.2 Europe Hemp Paper Market Forecasts and Analysis
9.2.3 Europe Hemp Paper Market Forecasts and Analysis - By Category
9.2.4 Europe Hemp Paper Market Forecasts and Analysis - By Application
9.2.5 Europe Hemp Paper Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Hemp Paper Market
9.2.5.1.1 Germany Hemp Paper Market by Category
9.2.5.1.2 Germany Hemp Paper Market by Application
9.2.5.2 France Hemp Paper Market
9.2.5.2.1 France Hemp Paper Market by Category
9.2.5.2.2 France Hemp Paper Market by Application
9.2.5.3 Italy Hemp Paper Market
9.2.5.3.1 Italy Hemp Paper Market by Category
9.2.5.3.2 Italy Hemp Paper Market by Application
9.2.5.4 United Kingdom Hemp Paper Market
9.2.5.4.1 United Kingdom Hemp Paper Market by Category
9.2.5.4.2 United Kingdom Hemp Paper Market by Application
9.2.5.5 Russia Hemp Paper Market
9.2.5.5.1 Russia Hemp Paper Market by Category
9.2.5.5.2 Russia Hemp Paper Market by Application
9.2.5.6 Rest of Europe Hemp Paper Market
9.2.5.6.1 Rest of Europe Hemp Paper Market by Category
9.2.5.6.2 Rest of Europe Hemp Paper Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Hemp Paper Market Overview
9.3.2 Asia-Pacific Hemp Paper Market Forecasts and Analysis
9.3.3 Asia-Pacific Hemp Paper Market Forecasts and Analysis - By Category
9.3.4 Asia-Pacific Hemp Paper Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Hemp Paper Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Hemp Paper Market
9.3.5.1.1 Australia Hemp Paper Market by Category
9.3.5.1.2 Australia Hemp Paper Market by Application
9.3.5.2 China Hemp Paper Market
9.3.5.2.1 China Hemp Paper Market by Category
9.3.5.2.2 China Hemp Paper Market by Application
9.3.5.3 India Hemp Paper Market
9.3.5.3.1 India Hemp Paper Market by Category
9.3.5.3.2 India Hemp Paper Market by Application
9.3.5.4 Japan Hemp Paper Market
9.3.5.4.1 Japan Hemp Paper Market by Category
9.3.5.4.2 Japan Hemp Paper Market by Application
9.3.5.5 South Korea Hemp Paper Market
9.3.5.5.1 South Korea Hemp Paper Market by Category
9.3.5.5.2 South Korea Hemp Paper Market by Application
9.3.5.6 Rest of Asia-Pacific Hemp Paper Market
9.3.5.6.1 Rest of Asia-Pacific Hemp Paper Market by Category
9.3.5.6.2 Rest of Asia-Pacific Hemp Paper Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Hemp Paper Market Overview
9.4.2 Middle East and Africa Hemp Paper Market Forecasts and Analysis
9.4.3 Middle East and Africa Hemp Paper Market Forecasts and Analysis - By Category
9.4.4 Middle East and Africa Hemp Paper Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Hemp Paper Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Hemp Paper Market
9.4.5.1.1 South Africa Hemp Paper Market by Category
9.4.5.1.2 South Africa Hemp Paper Market by Application
9.4.5.2 Saudi Arabia Hemp Paper Market
9.4.5.2.1 Saudi Arabia Hemp Paper Market by Category
9.4.5.2.2 Saudi Arabia Hemp Paper Market by Application
9.4.5.3 U.A.E Hemp Paper Market
9.4.5.3.1 U.A.E Hemp Paper Market by Category
9.4.5.3.2 U.A.E Hemp Paper Market by Application
9.4.5.4 Rest of Middle East and Africa Hemp Paper Market
9.4.5.4.1 Rest of Middle East and Africa Hemp Paper Market by Category
9.4.5.4.2 Rest of Middle East and Africa Hemp Paper Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Hemp Paper Market Overview
9.5.2 South and Central America Hemp Paper Market Forecasts and Analysis
9.5.3 South and Central America Hemp Paper Market Forecasts and Analysis - By Category
9.5.4 South and Central America Hemp Paper Market Forecasts and Analysis - By Application
9.5.5 South and Central America Hemp Paper Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Hemp Paper Market
9.5.5.1.1 Brazil Hemp Paper Market by Category
9.5.5.1.2 Brazil Hemp Paper Market by Application
9.5.5.2 Argentina Hemp Paper Market
9.5.5.2.1 Argentina Hemp Paper Market by Category
9.5.5.2.2 Argentina Hemp Paper Market by Application
9.5.5.3 Rest of South and Central America Hemp Paper Market
9.5.5.3.1 Rest of South and Central America Hemp Paper Market by Category
9.5.5.3.2 Rest of South and Central America Hemp Paper Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. HEMP PAPER MARKET, KEY COMPANY PROFILES
11.1. HUSSAIN HAND MADE PAPER
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. GREENFIELD
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. RAWGANIQUE USA
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. LEGION PAPER
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. TREEFREEHEMP
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. PUREHEMP TECHNOLOGY LLC
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. BLUECAT PAPER
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. PLANETGREEN
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. HEMP FOUNDATION
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. OG HEMP
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
The List of Companies
1. Hussain Hand Made Paper
2. Greenfield
3. Rawganique USA
4. Legion Paper
5. TreeFreeHemp
6. PureHemp Technology LLC
7. Bluecat Paper
8. Planetgreen
9. Hemp Foundation
10. OG HEMP
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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