Recycled Paper Market Booming Worldwide Opportunity, Upcoming Trends & Growth Forecast 2021-2026
Recycling of paper refers to the process by which waste paper is recovered to turn it into new paper products. Recycled paper is turning out to be a significant investment in reducing the load on the consumption of wood, electricity, and emission of pollutants in the primary pulping process. As per the World Wildlife Federation, recycling one ton of waste paper can produce 800 kg of recycled fiber raw materials, saving 17 trees and a landfill space of 3m3. Recycled paper also saves incineration reducing carbon emissions.
The Major Players Covered in this Report:
Hanna Paper Recycling, Inc., International Paper Company, DS Smith Recycling Holding B.V., Waste Management Inc., WestRock Company, WM Recycle America, LLC, Sonoco Recycling LLC, Caraustar Industries, Inc., Pratt Industries, Inc., Saica Group, Ricova Recycling,
In 2020, the global Recycled Paper market size was million US$ and it is expected to reach a million US$ by the end of 2026, with a CAGR between 2021 and 2026.
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By Application, , Newsprint Paper, Cardboard, Writing and Printing Paper, Packaging Products, By Source of Collection, , Industries, Offices, Households, By End-Use Industries , , Food and Beverage, Retail, Electronics, Printing and Paper, Construction
The recycled paper industry has reached its maturity phase. Recycled paper manufacturers are still trying to modernize the sorting process. Additionally, manufacturers are also focusing on newer processes for deinking as it is important in establishing the quality and the price of the recycled paper eventually.
The supply-demand dynamic in the recycled paper market and its prices are very volatile and unpredictable. There is a common cyclical pattern that can be seen in this market. Recycled paper manufacturers tend to increase capacity when paper and pulp prices are high. This tends to oversupply, and prices fall.
Once the demand catches up with the supply, paper and pulp prices rise. This directly affects the recycled paper market. High prices of virgin fibers are suitable for recycled paper. When virgin fiber prices fall, end-users tend to prefer paper from virgin fiber due to its high quality. Government regulations and subsidies have eased this cyclical process, followed by public awareness of recycled products.
Surge in Literacy Rates Across the Globe
The literacy rate, especially in developing economies, is rapidly increasing. Internet access to the remotest parts has accelerated education. Burgeoning urbanization has also created easier access to education, especially to children of migrant workers. The rising middle class has influenced the literacy rates, creating an impact on the demand for paper.
Regional Analysis For Recycled Paper Market:
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
In this study, the years considered to estimate the market size of the Recycled Paper are as follows:
History Year: 2014-2019
Base Year: 2019
Estimated Year: 2020
Forecast Year 2021 to 2026
The study objectives of this report are:
To study and forecast the market size of Recycled Paper in the global market.
To analyze the global key players, SWOT analysis, value, and global market share for top players.
To define, describe and forecast the market by type, end-use, and region.
To analyze and compare the market status and forecast among global major regions.
Analyze the potential of the global market and the advantages, opportunities and challenges, constraints, and risks of key regions.
Identify the key trends and factors that are driving or holding back market growth.
To analyze the opportunities in the market for stakeholders by identifying the high-growth segments.
Strategic analysis of each submarket in light of individual growth trends and market contributions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
Complete analysis of the strategic strategy and growth of key players
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Company Name: Straits Research
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