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Steady Expansion Forecast for Pulp Mills Market, Projected to Reach $94.06 Billion by 2029
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Pulp Mills Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The pulp mills market has expanded strongly in recent years. It is expected to grow from $69.41 billion in 2024 to $73.37 billion in 2025 at a CAGR of 5.7%. Past growth was driven by demand for pulp and paper, the forestry and timber industry, global economic patterns, packaging sector needs, and regulatory compliance.
Pulp Mills Market Size Forecast: What's the Projected Valuation by 2029?
In the next few years, the pulp mills market size is projected to experience robust growth. The market is expected to reach $94.06 billion by 2029, with a compound annual growth rate (CAGR) of 6.4%. The accelerated growth in the projected period is due to factors such as emerging packaging solutions, environmentally friendly pulp production practices, a global transition to e-commerce, demand for bio-based products, and initiatives promoting a circular economy. Major trends expected over this period include prioritizing energy efficiency and reducing emissions, the integration of digitization for optimizing processes, creating biodegradable and specialized pulp products, worldwide expansion and diversification of the pulp markets, and a spotlight on the circular economy approach in pulp production.
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What Are the Drivers Transforming the Pulp Mills Market?
The growth of the pulp mills market is anticipated to be driven by consumers' growing preference for pulp-based products. These products, known for their sustainability, biodegradability, cost-effectiveness, and versatility, have seen a surge in popularity as more consumers develop environmental awareness and seek out sustainable, environmentally-friendly alternatives. For example, as per an article titled 'Issue with Tissue 2.0', published by the Natural Resources Defense Council of the USA in June 2022, it was shown that 75% of items manufactured in the tissue industry are composed of pulp. In addition, about 60% of consumers choose tissues made from natural fibers. Thus, the increasing consumer preference for pulp-based products is a significant factor pushing the growth of the pulp mill market.
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What Long-Term Trends Will Define the Future of the Pulp Mills Market?
An emerging key trend among packaging manufacturers in the pulp mills market is sustainability. With the rise in environmental concerns, manufacturers and companies in this industry are shifting towards sustainable packaging methods. A case in point is Stora Enso, a Finnish pulp, paper, and other forest products manufacturer who introduced a product called Papira in September 2022. Papira, a lightweight foam generated from pulp fibers, offers an ecological alternative to packing foam derived from fossil fuels. Reportedly, its biodegradability ensures it doesn't harm the environment if discarded improperly.
Which Segments in the Pulp Mills Market Offer the Most Profit Potential?
The pulp mills market covered in this report is segmented -
1) By Source: Wood Pulp or Virgin Fiber Pulp, Non-Wood Pulp, Recycled Pulp or De Inked Pulp
2) By Grade: Mechanical, Chemical, Semi-Chemical,
3) By End User: Packaging Manufacturers, Publishers And Stationery Manufacturers, Sanitary And Household Product Manufacturers.
Subsegments:
1) By Wood Pulp Or Virgin Fiber Pulp: Softwood Pulp, Hardwood Pulp
2) By Non-Wood Pulp: Bamboo Pulp, Bagasse Pulp, Straw Pulp, Kenaf Pulp
3) By Recycled Pulp Or De-Inked Pulp: Post-Consumer Waste Pulp, Pre-Consumer Waste Pulp
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Which Firms Dominate the Pulp Mills Market by Market Share and Revenue in 2025?
Major companies operating in the pulp mills market market include International Paper Company, Stora Enso Pulp AB, WestRock Company, Georgia-Pacific Pulp and Paper LLC, Nippon Paper Industries Co. Ltd., Oji Holdings Corporation, Sappi Global - South African Pulp and Paper Industries Limited, UPM-Kymmene Corporation, Sonoco Products Company, Suzano Papel e Celulose S.A., PT. Indah Kiat Pulp & Paper Tbk, BillerudKorsnas AB, Canny Tissue Paper Industry LLC, Gulf Paper Manufacturing FZCO, Kimberly-Clark Corporation, Nine Dragons Paper (Holdings) Limited, Smurfit Kappa Group plc, Mondi Group plc, Svenska Cellulosa Aktiebolaget SCA, Metsä Board Corporation, Lee & Man Paper Manufacturing Limited, Rottneros AB, Domtar Corporation, Canfor Pulp Products Inc., Mercer International Inc., Resolute Forest Products Inc., Asia Pulp & Paper Co. Ltd., Fibria Celulose S.A., Klabin S.A., CMPC Celulosa S.A., Celulosa Arauco y Constitución S.A., Eldorado Brasil Celulose S.A., SCA Tissue North America LLC, Clearwater Paper Corporation, Verso Corporation, P.H. Glatfelter Company, Catalyst Paper Corporation, Heinzel Holding GmbH
Which Regions Offer the Highest Growth Potential in the Pulp Mills Market?
North-America was the largest region in the pulp mills market in 2024. The regions covered in the pulp mills market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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