Cardboard Recycling Market Landscape to 2034: Key Forces Shaping the Next Decade of Growth

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How Large Will the Cardboard Recycling Market Size By 2025?
The industry of recycling cardboard has seen robust expansion in the past few years. The market, which will advance from $51.32 billion in 2024 to $55.31 billion in 2025, is expected to exhibit a compound annual growth rate (CAGR) of 7.8%. The historical period's growth can be associated with the escalation of e-commerce endeavors, heightened cognizance of environmental concerns, the burgeoning retail sector, the increase in packaging waste production, and the growing necessity for sustainable packaging.

How Big Is the Cardboard Recycling Market Size Expected to Grow by 2029?
The market size of cardboard recycling is set to witness significant expansion in the forthcoming years, with an expected value of $74.55 billion in 2029, advancing at a compound annual growth rate (CAGR) of 7.7%. The anticipated surge in this outlook period can be ascribed to intensifying regulation by the government concerning waste management, the escalating demand for circular economic frameworks, an increase in the use of environmentally friendly packaging, the expansion of consumer inclination towards green products, and amplified investments in recycling facilities. Noteworthy trends within the forecast timeline include advancements in technology within pulp processing techniques, breakthroughs in creating moisture-resistant recycled cardboard, the emergence of robotic system for material handling, continuous effort in research for reducing contamination, and progression in platforms for waste management online.

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Which Key Market Drivers Powering Cardboard Recycling Market Expansion and Growth?
The cardboard recycling market is likely to experience growth due to the rising demand for sustainable packaging. This refers to packaging techniques and materials that aim to reduce their environmental footprint throughout their existence. Increased consumer consciousness and the preference for environmentally friendly goods are fuelling the demand for these sustainable packaging solutions. Cardboard recycling adds to the sustainability of packaging as it supports material reuse, mitigates environmental damage, and encourages the circular economy. It efficiently handles packaging waste, which caters to the environmentally conscious consumer and enhances the sustainability of the supply chain. For example, in January 2023, Protega Global Limited, a sustainable packaging solutions firm based in the UK, reported that 81% of consumers asked for sustainable packaging, showing a noteworthy rise of 1.7% from the previous year. As a result, the growing demand for sustainable packaging is a primary driver for the expansion of the cardboard recycling market.

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Which Fast-Growing Trends Are Poised to Disrupt the Cardboard Recycling Market?
Leading corporations engaged in the cardboard recycling sector are prioritizing the creation of novel solutions such as enabling a circular economy in order to embrace environmentally friendly behavior and decrease their ecological footprint. Enabling a circular economy involves establishing and executing systems that prolong the utility of materials through recycling, reutilization, and restoration of resources to minimize waste and environmental harm. For example, in July 2023, Russell Richardson & Sons Ltd., a waste management and recycling firm based in the UK, introduced a unique cardboard recycling service particularly aimed at assisting businesses to handle their cardboard waste more effectively and in an environmentally friendly manner. This service comprises state-of-the-art recycling facilities, specialized collection and processing strategies to support green objectives and bring down operational expenses.

What Are the Emerging Segments in the Cardboard Recycling Market?
The cardboard recycling market covered in this report is segmented -

1) By Recycling Methods: Mechanical Recycling, Chemical Recycling, Biological Recycling
2) By Type Of Cardboard: Corrugated Cardboard, Chipboard, Kraft Paperboard, Waxed Cardboard
3) By Process: Collection, Sorting, Shredding, Pulping, De-Inking
4) By End-User Industries: Retail Sector, Supermarkets And Hypermarkets, E-Commerce, Specialty Stores, Food And Beverage, Automotive, Electronics, Pharmaceutical

Subsegments:
1) By Mechanical Recycling: Sorting, Shredding, Baling, Pulping, De-Inking
2) By Chemical Recycling: Solvent-Based Recovery, Depolymerization, Gasification, Hydrolysis
3) By Biological Recycling: Microbial Treatment, Enzymatic Degradation, Composting, Anaerobic Digestion

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Who Are the Global Leaders in the Cardboard Recycling Market?
Major companies operating in the cardboard recycling market are Oji Holdings Corporation, Stora Enso Oyj, Mondi Group plc, Georgia-Pacific Recycling LLC, Nippon Paper Industries Co. Ltd., Sonoco Products Company, Klabin S.A., Cascades Inc., Shred-Tech Corporation, Reliable Paper Recycling Inc., Casepak Limited, Simply Waste Solutions Limited, American Recycling Corporation, M.W. White Ltd., St. Louis Recycling LLC, Greenobin Recycling Pvt. Ltd., Winfibre (U.K.) Company Limited, Clear Stream Recycling Inc., Recycling Revolution LLC, Total Recycling and Waste Solutions Limited

Which are the Top Profitable Regional Markets for the Cardboard Recycling Industry?
North America was the largest region in the cardboard recycling market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cardboard recycling market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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