Press release
North America Pulp and Paper Market Is Expected to Reach USD 57.32 billion by 2032|Companies- International Paper, Georgia-Pacific Corporation, WestRock, Domtar Inc.
North America Pulp and Paper Market
According to the study, packaging paper has become highly sought-after across the U.S. and Canada in the wake of the rising footprint of sanitary and specialty papers. Moreover, soaring demand for packaging and the penetration of big data and smart sensors will fuel regional growth. Stakeholders expect the global push for recycling to play an invaluable role in fueling the industry growth.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ - https://www.fortunebusinessinsights.com/enquiry/sample/north-america-pulp-and-paper-market-106617
๐๐๐ฃ๐จ๐ซ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐ซ๐จ๐๐ข๐ฅ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ:
โถ International Paper (U.S.)
โถ Georgia-Pacific Corporation (U.S.)
โถ WestRock (U.S.)
โถ Packaging Corporation of America (U.S.)
โถ Domtar Inc. (U.S.)
โถ Graphic Packaging International (U.S.)
โถ Verso Corporation (U.S.)
โถ Resolute Forest Products (Canada)
โถ Sappi Ltd. (U.S.)
โถ Kimberly-Clark Corporation (U.S.)
๐๐๐ ๐ฆ๐๐ง๐ญ๐ฌ
With respect to category, the market is segmented into printing & writing, wrapping & packaging, news print, sanitary, and others.
In terms of country, the market is segregated into the U.S. and Canada.
๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฏ๐๐ซ๐๐ ๐
The report offers a comprehensive perspective of the market size, share, revenue, and volume. It has also delved into Porters' Five Force Analysis SWOT analysis. Quantitative and qualitative assessments have been used to provide a holistic view of the market of North America pulp and paper. The primary interviews validate assumptions, findings and the prevailing business scenarios. The report also includes secondary resources, such as annual reports, press releases, white papers and journals.
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ฌ๐ญ๐ซ๐๐ข๐ง๐ญ๐ฌ
๐๐๐ง๐ฌ๐จ๐ซ ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ ๐๐ง๐ ๐๐ก๐ข๐๐ญ ๐๐จ๐ฐ๐๐ซ๐ ๐๐๐๐ฒ๐๐ฅ๐ข๐ง๐ ๐๐ง๐๐๐ซ๐ฌ๐๐จ๐ซ๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก
With paper mills adopting advanced technologies to boost energy efficiency and streamline information, the North America pulp and paper market growth could witness an upward trajectory. A notable use of advanced sensors could add fillip to the North America pulp and paper manufacturers. Moreover, the penetration of paper recycling to boost transportation, sorting and collection will augur well for the business outlook. The American Forest & Paper Association (AF&PA) claimed that approximately 65.7% of paper consumed in the U.S. was recycled in 2020. Favorable policies across New Jersey, Wisconsin, California, Pennsylvania and Rhode Island will foster regional growth.
That said, the rising preference for digital media in the print and education industries has challenged leading companies in the landscape.
๐๐๐ญ ๐ ๐๐ฎ๐จ๐ญ๐- https://www.fortunebusinessinsights.com/enquiry/get-a-quote/north-america-pulp-and-paper-market-106617
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ
The U.S. is expected to provide lucrative growth opportunities following the wrapping & packaging solutions trend. The U.S. pulp and paper manufacturers and suppliers are slated to gain traction from the availability of raw materials and investments in technological advancements in paper manufacturing. It is worth noting that sustainable paper packaging could add fillip to regional growth. So much so that recyclable packaging has become the go-to trend in online retailing, boding well for the business outlook.
Canada is expected to contribute notably toward the North America pulp and paper market share, largely due to the rising footfall of recyclable packaging. Besides, rising concern about the non-recyclability of plastics is poised to encourage end-users to invest in sustainable products. In essence, pharmaceutical, food & beverage and fast-moving consumer goods companies have upped investments in sustainable packaging across Canada.
๐๐๐๐ ๐๐จ๐ซ๐ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง- https://www.fortunebusinessinsights.com/north-america-pulp-and-paper-market-106617
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐
Major Players Invest in Product Portfolio Expansion to Tap Markets
Well-established players and new entrants are slated to inject funds into mergers & acquisitions, product launches, R&D activities, and innovation. With focus shifting toward AI and sensors, industry players are likely to boost their strategies.
๐๐๐ฒ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ
๐ญ๐๐๐๐๐๐๐ 2022: Georgia-Pacific announced a USD 20 million expansion of the oriented strand board (OSB) facility in South Carolina. The company contemplates bolstering its position in the regional paperboard market.
๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ-
Pulp and Paper Market- https://www.fortunebusinessinsights.com/pulp-and-paper-market-103447
Tissue Paper Market- https://www.fortunebusinessinsights.com/tissue-paper-market-102847
Thermal Paper Market- https://www.fortunebusinessinsights.com/thermal-paper-market-102811
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๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
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