Recovered Paper Market Key Players Change the View of the Global Face of Industry by 2026-Nine Dragons Paper (Holdings) Limited, Smurfit Kappa Group plc

Recovered Paper Market by Component, Application, Services, and Region- Forecast to 2026

The Global Recovered Paper Market Research Report 2021-2026 published by MarketInsightsReports is a significant source of keen information for business specialists. It furnishes the Recovered Paper business outline with development investigation and historical and futuristic cost analysis, income, demand, and supply information (upcoming identifiers). The research analysts give a detailed depiction of the Recovered Paper worth chain and its wholesaler examination. Recovered Paper Market study gives extensive information which upgrades the agreement, degree, and use of this report.

The Recovered Paper Market is expected to grow at a CAGR of 2.7% over the forecast period 2021 to 2026.

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Top Leading Companies of Recovered Paper Market are Nine Dragons Paper (Holdings) Limited, Smurfit Kappa Group plc, DS Smith Plc, Stora Enso Oyj, International Paper, S.A Industrias Celulosa Aragonesa (SAICA), Tay Paper Recycling Pte Ltd, Visy Industries and others.

Industry News And Updates on Recovered Paper Market-

North America to Hold a Dominant Position

- With the focus now moving towards eco-friendly and sustainability, packaging with recovered paper is expected to gain attention over plastic packaging, which poses a significant threat to the environment. The United States is expected to drive the paper packaging segment, with applications across industries, like healthcare, personal care, homecare, retail, and others. This, in turn, is urging the demand for the recovered paper market in the coming years.

- The growing number of shipments in the e-commerce industry in the region is also a notable factor for the increasing demand for containerboard, which has a substantial share for the recovered paper market. According to the US Census Bureau & US Department of Commerce, in the first quarter of 2020, adjusted U.S. retail e-commerce sales amounted to over 160.33 billion U.S. dollars. In the first quarter of 2020, the share of e-commerce in total U.S.

Key Market Trends Recovered Paper Market-

Containerboard to Dominate the Market

- The containerboard segment is gaining popularity in the global packaging industry. The global containerboard demand is exacted to increase significantly, mainly due to rising e-commerce shipments, and corrugated box shipments, increasing demand for packaged food and companies, and the consumers shifting toward recovered packaging solutions.

- According to Suzano, containerboard accounted for 166 million metric tons of global demand in 2018, 40% of the worldwide market for a paper that year. The second most in-demand end-use of paper at that time was printing and writing paper, which had a total global demand volume of 99 million metric tons.

- In the year 2019, according to Fisher International, the Asia Pacific macro-region had a 53% share of the containerboard market worldwide. Containerboard, also known as corrugated case material (CCM), is a variety of paperboard manufactured to produce the corrugated board.

Competitive Landscape On Recovered Paper Market-

Sep 2019 - Nine Dragons Paper acquired a company in Malaysia with a production capacity of 0.48 million tpa for recycled pulp. With the acquisition, the Groups total design production capacity for paper and pulp worldwide increased to 16.37 million tonnes per annum (tpa), including 15.52 million tpa of paper capacity and 0.85 million tpa of pulp capacity.

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This release was published on openPR.