Global Pulping Market Trends, Business Overview, Industry Growth and Forecast to 2028

The global Pulping market is anticipated to grow at a considerable CAGR of 4.1% during the forecast period (2022-2028). Pulping is the process of taking out the pulp from various sources in order to manufacture products including paper, cosmetics, food & beverages, and others. The major factor attributing to the growth of the global pulping market is the widespread use of wood pulp in the manufacturing of papers for different purposes including tissues, packaging papers, and notebooks, amongst others. According to a report published by the World Paper Mill in April 2019, North America, Asia, and Europe are the most pulp and paper producing regions across the globe. Asian countries such as China and Japan have pulp and paper production of around 99.3 million and 26.6 million tons respectively. Europe is found as the second major paper and pulp producer globally with around 90 million tons of paper and 36 million tons of pulp production every year, representing 25% of the global pulp and paper production. Countries including Germany, Sweden, and Finland are the major paper producers of the European region. North American countries including the US and Canada are the major paper and pulp producers in the western hemisphere. The paper and pulp production of the US accounts for around 75.083 million tons and Canada's paper and pulp production values for around $12.1 billion.

The market players are also contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, in February 2022, GPA Luxury launched "Eco-Logic".

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Market Coverage
• The market number available for - 2021-2028
• Base year- 2021
• Forecast period- 2022-2028

• Segment Covered-
o By Source
o By Application

• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World

• Competitive Landscape- WestRock group, Oji Holdings Corp., International Paper, Sappi, and Nippon Paper Group, among others.

Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

A full report of Global Pulping Market is available at:
https://orionmarketreports.com/global-pulping-market/96390/

Global Pulping Market Report by Segment

By Source
• Wood Pulp
• Non-Wood Pulp

By Application
• Food and Beverages
• Pharmaceutical Industries
• Personal Care Products

Global Pulping Market Report by Region
North America
• The United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa

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This release was published on openPR.