The global recovered paper market is anticipated to grow at an impressive rate
Growing demand from food & beverage industries for recovered paper for food, juice, and milk packaging due to heat weldability, printability, barrier properties, economy, sustainability, and eco-friendly. Increasing demand for making packaging material for Electrical & Electronics appliances for safer and proper handling is influencing the demand. Thus, the factor mentioned above will positively impact the global recovered paper market share in the projected year.
Growing Demand for Recovered Paper Material for Packaging Purposes is Driving the Market Growth
The demand for the daily usable item by peoples is rising as the population and disposable income is increasing. Daily use products require packaging for the preservation and safety of the product, which is made up of different material which affects our environment. Hence, demand for recovered paper material is expected to increase as it is used for packaging in the following industries. The report published in 2022 states that compared to 2015 to 2018, the demand for paper-based food packaging rose by nearly 24 %.
Electronic gadgets have wholly changed or framed modern civilization. Every house has an ample number of electronic equipment in their home. Things from electric bulbs to television are all products wrapped or packed in paper-based packing material made of recovered paper. The report published in 2022 states that the revenue of the global consumer electronics market is estimated to be more than one trillion US dollars in 2026, which was around 73
Moreover, demand from the print media sector for news printing purposes, for making tissues for household uses, use for the treatment of oil spills in rivers and oceans, and notepad for study or writing purposes is another factor for the growth of the market.
Increasing Cost and Supply Hurdles are Hindering the Market Growth
Due to covid, war, and rising inflation rates worldwide are affecting the cost of people living and production issues due to supply chain problems. The shortage of raw material supply from China and other countries to a different country is increasing the cost price of the product. Apart from these, the low cost of primary pulp or raw material, especially bleached hardwood with short fibers, mainly affects tissue and printing/writing papers. Supply of low-grade recovered paper, like shorter fiber and presence of non-fiber contamination above the prescribed ratio, and the availability of lower cost of virgin pulp is another reason obstructing the market growth.
Market Segmentation
The global recovered paper market is segmented based on
Market Players
Smurfit Kappa Group plc., International Paper Company, American Eagle Paper Mills, Stora Enso Oyj, Mondi Group Plc., Nine Dragons Paper Holdings Limited, DS Smith Plc, S.A Industrias Celulosa Aragonesa (SAICA), Tay Paper Recycling Pte Ltd., Visy Industries are the leading companies operating in the market.
|
Attribute
|
Details
|
|
Base Year
|
2021
|
|
Historic
Data
|
2017 – 2020
|
|
Estimated
Year
|
2022
|
|
Forecast
Period
|
2023 – 2027
|
|
Quantitative
Units
|
Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027
|
|
Report coverage
|
Revenue
forecast, company share, competitive landscape, growth factors, and trends
|
|
Segments
covered
|
·
Grade
·
Type
·
End User Industry
|
|
Regional
scope
|
North
America; Asia Pacific; Europe & CIS; South America; Middle East &
Africa
|
|
Country
scope
|
United States; Canada; Mexico; China; India; Japan; Australia;
South Korea; Germany; France; United Kingdom; Spain; Italy; Brazil;
Argentina; Colombia; South Africa; UAE; Saudi Arabia;
|
|
Key
companies profiled
|
Smurfit
Kappa Group plc., International Paper Company, American Eagle Paper Mills,
Stora Enso Oyj, Mondi Group Plc., Nine Dragons Paper Holdings Limited, DS
Smith Plc, S.A Industrias Celulosa Aragonesa (SAICA), Tay Paper Recycling Pte
Ltd., Visy Industries
|
|
Customization
scope
|
10% free report customization with purchase. Addition or
alteration to country, regional & segment scope.
|
|
Pricing
and purchase options
|
Avail
customized purchase options to meet your exact research needs. Explore purchase options
|
|
Delivery
Format
|
PDF and Excel through Email (We can also provide the editable
version of the report in PPT/Word format on special request)
|
