Pulp and Paper Market to Hit $370.12 Billion by 2028 | Pulp and Paper Industry Growth In Japan, USA & Worldwide

Companies covered in pulp and paper market Are International Paper (U.S.) Georgia-Pacific Corporation (U.S.) Nine Dragon Paper (Holdings) Ltd. (China) Stora Enso Oyj (Finland) Sappi Limited (South Africa) Kimberly-Clark Corporation (U.S.) UPM-Kymmene Oyj (Finland) Svenska Cellulosa Aktiebolaget (SCA)s (Sweden) Oji Holding Corporation (Japan) Nippon Paper Industries Co., Ltd. (Japan) The Smurfit Kappa Group (Ireland) WestRock (U.S.) and more companies profiled

Pune, India, June 16, 2022 (GLOBE NEWSWIRE) — The global pulp and paper market is projected to grow during the forecast period due to the increasing demand for eco-friendly packaging materials. Fortune Business Insights™ publishes this information in a report titled, “Pulp and Paper Market, 2021-2028”. As per the report, the pulp and paper market size was $349.18 billion in 2020. The Pulp and Paper Market is projected to grow from $351.51 billion in 2021 to $370.12 billion by 2028 at a CAGR of 0.74% during the 2021-2028 period.

List of Key Players Profiled in the Pulp and Paper Market Includes:

• International Paper (U.S.)
• Georgia-Pacific Corporation (U.S.)
• Nine Dragon Paper (Holdings) Ltd. (China)
• Stora Enso Oyj (Finland)
• Sappi Limited (South Africa)
• Kimberly-Clark Corporation (U.S.)
• UPM-Kymmene Oyj (Finland)
• Svenska Cellulosa Aktiebolaget (SCA)s (Sweden)
• Oji Holding Corporation (Japan)
• Nippon Paper Industries Co., Ltd. (Japan)
• The Smurfit Kappa Group (Ireland)
• WestRock (U.S.)

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COVID-19 Impact:

Rising Demand for Tissue Paper Amid Pandemic To Propel Growth

The COVID-19 outbreak affected various industries due to the strict restrictions imposed by the government. However, during the pandemic, demand for tissue paper and wipes increased from hygiene and personal care products. Furthermore, the leading companies focused on enhancing their production rate to meet global demand from healthcare facilities and hospitals. These factors have ensured the pulp and paper market growth during the forecast period.

Segments:

Wrapping & Packaging Segment to Lead Pulp and Paper Market Due to Growing Retail & E-commerce Sector

Based on category, the Pulp and Paper Market Size is categorized into wrapping & packaging, printing & writing, sanitary, newsprint, and others. The wrapping and packaging segment is expected to lead the global market due to the rapidly emerging e-commerce and retail sector.

Geographically, the Pulp and Paper Market share is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Report Coverage: 

The report focuses on factual data regarding the recent developments and trends in the industry. The drivers and restraints affecting the market growth during the forecast period are discussed further in this report. Also, the impact of COVID-19 pandemic on the market expansion and development is mentioned further in this report. Furthermore, regional insights on segmented market areas are given along with a list of key market players. Key industry developments are highlighted further in this report.

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Drivers & Restraints:

Rising Demand For Eco-Friendly Packaging To Augment Growth

The global Pulp and Paper Market growth is attributed to the increasing demand for wrapping and packaging material in logistics. The rapidly expanding e-commerce and retail industry is anticipated to drive market growth in the coming years. Furthermore, increasing demand for eco-friendly packaging is expected to fuel market growth in the coming years.

However, raw material and resource management may hamper the market growth during the forecast period.  

Regional Insights:

Asia Pacific Dominates Global Market Due to Rapid Economic Growth

Asia Pacific- holds the highest global pulp and paper market share due to the highest producer and consumer ratio. Also, rapid economic growth in developing countries like Japan, China and India is expected to fuel regional market growth. The regional market stood at USD 173.26 billion in 2020.

North America stands at the second-highest global market position due to the rising demand for paper from various end-use industries. Furthermore, the presence of leading market players is anticipated to drive the market.

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Competitive Landscape:

Strategic Investments by Companies To Gain Competitive Advantage in The Market

The leading pulp and paper manufacturers focus on balancing their supply-demand process by adopting sustainable solutions and increasing their production rate. Also, the companies focus on forming strategic alliances, partnerships, collaborations, and mergers with supporting organizations to improve their business performance.   

Detailed Table of Content:

• Introduction
  • Research Scope
  • Market Segmentation
  • Research Methodology
  • Definitions and Assumptions
• Executive Summary
• Market Dynamics
  • Market Drivers
  • Market Restraints
  • Market Opportunities
• Key Insights
  • Key Emerging Trends – For Major Countries
  • Key Developments: Mergers, Acquisition, Partnership, etc.
  • Latest Technological Advancement
  • Insights on Regulatory Scenario
  • Porters Five Forces Analysis
• Global Thermal Paper Market Analysis, Insights and Forecast, 2016-2027
  • Key Findings / Summary
  • Market Analysis, Insights and Forecast – By Width
    • 2.25” (57mm)
    • 3.125” (80mm)
    • Others
  • Market Analysis, Insights and Forecast – By Printing Technology
    • Direct Thermal
    • Thermal Transfer
    • Others
  • Market Analysis, Insights and Forecast – By Application
    • Point-of-Sale (POS)
    • Tags & Labels
    • Ticketing
    • Lottery & Gaming
    • Medical
    • Others
  • Market Analysis, Insights and Forecast – By Region
    • North America
    • Europe
    • Asia pacific-(Japan)
    • Latin America
    • Middle East & Africa

TOC Continued…!

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Key Industry Developments:

• June 2021: Stora Enso announced the investment of 21 million euros at Anjala-Ingerois and 26 million euros at Nymölla pulp processing sites. With this investment, the company aims to increase its market competitiveness and softwood pulp production capacity to 245 kilotons per annum.
• May 2021: Suzano announced the investment of USD 2.87 billion to establish a new pulp processing plant in Ribas do Rio Pardo, Brazil. This investment was made to increase the company’s production capacity by approximately 20%. The unit will be the most extensive line of eucalyptus pulp production worldwide.

Read Related Insights:

Thermal Paper Market Size, Share & Industry Analysis and Regional Forecast, 2020-2027

Tissue Paper Market Size, Share & COVID-19 Impact Analysis and Regional Forecast, 2022-2029

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