Processed Pulp Market by Source (Non-wood Pulp, Recycled Pulp, Wood Pulp), Application (Construction, Paper Packaging, Personal Care & Hygiene) - Global Forecast 2024-2030

Processed Pulp Market by Source (Non-wood Pulp, Recycled Pulp, Wood Pulp), Application (Construction, Paper Packaging, Personal Care & Hygiene) - Global Forecast 2024-2030

The Processed Pulp Market size was estimated at USD 85.81 billion in 2023 and expected to reach USD 89.97 billion in 2024, at a CAGR 4.96% to reach USD 120.47 billion by 2030.

Processed pulp includes chemically and mechanically treated fibrous materials derived from wood, recycled paper products, and other plant-based sources. Processed pulp serves various industries due to its versatile nature and adaptability. With primary application in the paper industry, it is also utilized in manufacturing tissue paper, cardboard packaging materials, printing papers, and specialty papers for various commercial purposes. Increasing demand for sustainable packaging materials due to rising environmental concerns is driving the growth of the processed pulp market. Escalating the need for personal care items such as hygiene products and increasing demand for commercial printing applications is creating a platform for the processed pulp market. Fluctuating prices of raw materials and high energy consumption in pulp production processes hamper the market growth. Rising development of raw materials, including agricultural residues that can produce high-quality pulp while minimizing environmental impacts, is expected to create opportunities for market growth.

Regional Insights

The growth of America's processed pulp market is supported by rising awareness associated with the environment and increasing adoption of sustainable products such as biodegradable packaging materials. Consumers in the U.S., Canada, Mexico, Brazil, and Argentina are getting more aware of sustainability and prefer eco-friendly packaging solutions with the increasing vendor's approach toward sustainability in the region. The region's robust paper manufacturing industry drives demand for high-quality raw materials, including processed pulp, in the Americas. Expanding pulp and paper processing capabilities in Asian economies such as India, China, Indonesia, and Japan trigger the development and deployment of processed pulp in Asia-Pacific. The growing consumer shift toward eco-friendly and sustainable packaging solutions due to rising awareness and environmental concerns is expected to expand the growth of the processed pulp market in the Asia-Pacific region. The ongoing research and development (R&D) activities to introduce novel solutions for processed pulp manufacturing propels the market growth in the EMEA region. Furthermore, the massive presence of personal care product manufacturers in developed countries has elevated the exports of personal care products, creating a potential platform for the EMEA region's processed pulp market.

Market Insights

Market Dynamics

The market dynamics represent an ever-changing landscape of the Processed Pulp Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Drivers

Increasing demand for sustainable packaging materials due to growing environmental concerns
Escalating need for personal care items such as hygiene products
Availability of government policies promoting sustainable forest management practices

Market Restraints

Fluctuating prices of raw materials associated with processed pulp

Market Opportunities

Rising research & development activities to develop new raw materials for processed pulp
Growing adoption of non-wood-based pulps

Market Challenges

Availability of a wide variety of alternatives

Market Segmentation Analysis

Source: Recycled pulp gaining popularity due to increased environmental awareness
Application: Growing usage of processed pulp for paper packaging

Market Disruption Analysis

Porter’s Five Forces Analysis
Value Chain & Critical Path Analysis
Pricing Analysis
Technology Analysis
Patent Analysis
Trade Analysis
Regulatory Framework Analysis

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Processed Pulp Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Processed Pulp Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments

Hinton Pulp mill acquisition supports growth in Mondi’s Americas paper-bag business

Mondi PLC, a manufacturer of sustainable packaging and paper products, has announced the acquisition of the Hinton Pulp mill in Alberta, Canada, from West Fraser Timber Co. Ltd. This collaboration aims to enhance Mondi's integrated operations in the Americas and secure its long-term supply of cost-effective kraft paper. Subject to pre-engineering and permitting approvals, Mondi plans to invest Euro 400 million in expanding the Hinton facility with a new 200,000-ton-per-annum kraft paper machine, expected to be operational by the second half of 2027.

Stora Enso invests in pulp production sites in Finland and Sweden

Finnish packaging firm Stora Enso has announced significant investments to enhance its European specialized pulp production. A Euro 38 million (USD 40.4 million) was invested at the Enocell facility in Finland, enabling flexible production of unbleached kraft pulp (UKP) and Nordic Bleached Softwood Kraft pulp. This initiative reduced carbon emissions by 20% per tonne of UKP manufactured due to decreased usage of bleaching chemicals compared to producing an equivalent amount of bleached pulp.

Koa gains USD 10 million funding for Africa’s largest cocoa pulp processing facilities in Ghana

Swiss-Ghanaian start-up Koa has secured USD10 million in growth capital to construct Africa's largest cocoa pulp processing plant, focused on upcycling cocoa fruit. The funding will support the creation of a new facility in Akim Achiase, Eastern Region of Ghana, enabling Koa to increase its production capacity tenfold and collaborate with an additional 10,000 cocoa smallholders.

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Processed Pulp Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Processed Pulp Market, highlighting leading vendors and their innovative profiles. These include AGRANA Beteiligungs-AG, CKF Inc., Domtar Corporation, Döhler GmbH, Georgia-Pacific by Koch Industries, Inc., Grasim Industries Limited, International Paper Company, James Cropper PLC, Kimberly-Clark Corporation, Kiril Mischeff Ltd., Koa Switzerland AG, Metsä Group, Mondi PLC, Nine Dragons Paper (Holdings) Limited, Nippon Paper Industries Co., Ltd., Oji Holdings Corporation, ProPack AG, Sappi Global, Sonoco Products Company, Stora Enso Oyj, SunOpta, Inc., Suzano Papel e Celulose, Svenska Cellulosa Aktiebolaget SCA, UPM-Kymmene Corporation, and WestRock Company by Smurfit Kappa Group.

Market Segmentation & Coverage

This research report categorizes the Processed Pulp Market to forecast the revenues and analyze trends in each of the following sub-markets:

Source
Non-wood Pulp
Recycled Pulp
Wood Pulp
Application
Construction
Paper Packaging
Personal Care & Hygiene
Textile
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

Please Note: PDF & Excel + Online Access - 1 Year