Wood Pulp Market Evaluation: Key Indicators and Growth Projections

Allied Market Research recently released a comprehensive report titled "Wood Pulp Market," providing insights into the industry's trends, opportunities, and challenges. Here's a condensed version:

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐨𝐟 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰: https://www.alliedmarketresearch.com/request-sample/10227

Overview:

The global wood pulp market reached $165.3 billion in 2020 and is forecasted to grow to $242.1 billion by 2030, with a CAGR of 3.9% during 2020-2030.

Drivers, Restraints, and Opportunities:

The growth of the wood pulp market is driven by increased demand from the paper industry and rising consumer demand for tissue papers. However, strict government regulations pose challenges. Nonetheless, opportunities lie in innovative and sustainable technology solutions.

Segment Analysis:

- The hardwood segment is expected to witness the highest CAGR of 4.6%, primarily due to its popularity in packaging products.

- In terms of end-use industries, the papers segment is projected to register the highest CAGR of 4.4%, while the packaging segment dominated in 2020, driven by demand from pharmaceutical and food & beverage industries.

Regional Insights:

Asia-Pacific held the largest market share in 2020 and is expected to maintain its dominance, driven by demand from the pharmaceutical and food & beverage industries.
North America follows Asia-Pacific in market share.

Major Players:

Key players in the wood pulp market include International Paper, Nippon Paper, Metsä Group, Sappi, Oji Holdings Corporation, Stora Enso, Sonoco Products, UPM-Kymmene Corporation, Svenska Cellulosa Aktiebolaget, and WestRock.

𝐎𝐛𝐭𝐚𝐢𝐧 𝐑𝐞𝐩𝐨𝐫𝐭 𝐃𝐞𝐭𝐚𝐢𝐥𝐬: https://www.alliedmarketresearch.com/wood-pulp-market-A09862

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About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.