The global Paper and Pulp Market size is expected to reach USD 740.76 Billion in 2030 and register a revenue CAGR of 3.2% during the forecast period, according to the latest report by Reports and Data. Increased demand for paper and pulp from packaging and printing industries and increased use of recycled pulp (deinked pulp) in the production of newsprint, facial tissues, toilet paper, and other products contribute to market revenue growth. The paper and pulp market is the world's largest forest-based industry. The industry manufactures paper products mostly from wood and other resources such as bamboo, rice husk, wheat, straw, and others. Wrapping paper, paper packing material, writing paper, printing paper, and other products are among the most popular products. Furthermore, as internet shopping has become popular among consumers due to its ease and speed of delivery, pulp and paper packaging demand has witnessed a rapid increase. However, with digitization and fluctuating raw material supply, global paper & pulp market faces revenue growth concerns.
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Key Players:
Companies profiled in global paper & pulp market report include International Paper, Georgia-Pacific, Weyerhaeuser Company, Stora Enso, Kimberly-Clark Corp, UPM, Svenska Cellulosa Aktiebolaget (SCA), Nine Dragons Worldwide (China) Investment Group Co., Ltd., Oji Paper Co., Ltd., and Nippon Paper Industries Co., Ltd.
Some Key Highlights from the Report:
- By application, packaging segment accounted for largest revenue share in 2020 and is expected to grow at a steady revenue CAGR during the forecast period. Increasing use of paper packaging in the food & beverage, personal care, and cosmetics sectors, and retail & e-commerce sector is a key driver of packaging segment revenue growth.
- Pulping is one of the most significant and versatile procedures in paper production because it allows for simple separation and removal of cellulose fibers and contaminants. The increasing usage of the chemical pulping process in the manufacturing of high-quality white paper and diverse paperboard products is a major factor contributing to the chemical segment revenue growth.
- Paper & pulp market in Asia Pacific accounted for the highest CAGR in 2020 because of the expanding paper and pulp industry, particularly in countries such as China, which is the world's largest producer of paper. The rising usage of paperboard and cellulose-based goods in healthcare, automotive, and construction industries, as well as expanding trend of e-commerce, are considerably supporting market revenue growth in the region.
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Market Segmentation:
For the purpose of this report, Reports and Data has segmented paper & pulp market based on raw material, pulping method, application, and region:
Raw Material Type Outlook (Revenue, USD Million; 2018–2030)
- Wood-based
- Agro-based
- Recycled fiber-based
Pulping Method Outlook (Revenue, USD Million; 2018–2030)
- Chemical
- Mechanical
Application Outlook (Revenue, USD Million; 2018–2030)
- Packaging
- Printing
- Consumer Goods
- Others
Regional Outlook (Revenue, USD Million; 2018–2030)
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Key questions answered by the report:
- What is the expected CAGR in terms of revenue for the global paper and pulp market over the forecast period (2021-2030)?
- What was global paper & pulp market valued at in 2020?
- Which factors are expected to drive adoption of paper & pulp?
- Which was the leading segment in the paper & pulp market on the basis of application in 2020?
- What are some restraints for growth of global paper & pulp market?
- Who are the top players or companies in the paper & pulp market or industry?
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