The Global Paper Recycling Market is valued at around USD 41.53 billion in 2022 and is expected to reach USD 60.42 billion by 2030, registering a CAGR of 4.8% over the forecast period. Recycling waste paper involves mixing it with chemicals, water, and used paper. The hot cutting process separates the cellulose strands in this mixture into pulp or slurry. After that, the mixture is stretched through screens to remove any remaining adhesive or plastic. To generate freshly recycled paper, it is cleaned, de-inkied, bleached, and combined with water.
As urbanization, the middle class, and literacy rates rise in developing countries like India, China, and Brazil, there will be a huge demand for paper goods including packaging, writing paper, and newspaper. As consumer preferences shift toward practical packaging solutions and sustainability, the demand for plastic packaging will drop, which will benefit the paper and paperboard industry. The prospects for the paper recycling industry will continue to improve in the future years as a result of increased demand for products with paper-based packaging in the food and industrial sectors. If packaging waste is not recycled, the environment and public health could suffer greatly.
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As concern over the depletion of environmental resources has developed over the past few years, the market for recycled paper has expanded dramatically. The demand for recycled paper is increasing at a CAGR of more than 7-8% annually in emerging markets.
The main challenges facing the paper recycling industry are the high cost of equipment, inadequate waste paper collection and sorting methods, and fierce competition from overseas rivals.
The primary objective of the local paper recyclers is to develop effective mechanisms for gathering and sorting waste paper in the region. To lower high production costs and eliminate labor-intensive processes, top recycling organizations are implementing automated, highly effective recycling technology.
Top Key Players of Global Paper Recycling Market:
WASCO
Perlen Papier
ST Paper Resources
Cascades Recovery
Global Wastepaper Recyclers
International Paper
Heinzel Group
DS Smith
Veolia Environment
Remondis
Kokusai Pulp & Paper
Huanjia Group
Shandong Century Sunshine
Northern International
China Recycling Development
The Paper Recycling Market – Segmentation
On the basis of type, the Paper Recycling Market is bifurcated into:
- Corrugated cardboard
- Newspaper
- Magazines
- Office paper
- Mixed paper
- Others
On the basis of application, the market is segmented into:
- Newsprint paper
- Printing and writing paper
- Packaging products
- Others
Market Segmented by Region:
North America (U.S., Canada, Mexico)
Europe (UK, Germany, France, Italy, Rest of Europe)
Asia-Pacific (China, Japan, Australia, Malaysia, Rest of Asia-Pacific)
LAMEA (Latin America, Middle East, Africa)
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Objectives of the Study:
- To provide with an exhaustive analysis on the Paper Recycling Market by Product, By Application, By End User and by Region.
- To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
- To evaluate and forecast micro-markets and the overall market
- To predict the market size, in key regions— North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
- To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions
Reasons to Purchase this Report:
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight into the market through Value Chain
