Pulp and Paper Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Pulp & Paper Market
The pulp & paper market size was valued at USD 357.21 billion in 2023, and the market is now projected to grow from USD 360.08 billion in 2024 to USD 391.39 billion by 2032, exhibiting a CAGR of 1% during the forecast period of 2024-2032.
The pulp & paper market growth was affected by the COVID-19 pandemic as it caused the decrease in the demand for papers used in newspaper and writing or printing purposes. But the public demand for tissue paper and personal products such as sanitizers, hand washing liquid soap surged as a result of the process put in place to curb the spread of the virus.
On the matter of paper recycling, we can point out that this is highly developed, rather than having capital characteristics. It is a good supplement for companies reusing other materials, some additional services may include collection, sorting, and transportation which may also boost the increase of the carbon monoxide market share.
The increase in computer and internet use especially through smartphones has even strengthened online retail stores in emerging markets such as India, China, South East Asia, and Brazil. The already crowded people today get engaged in purchasing food, groceries, cosmetics, and many other products through the internet.
Comprehensive Analysis of Pulp & Paper Market
The pulp & paper market is rising at an exponential rate due to its market segmentation. This market expansion effectively provides a detailed regional assessment considering the dominant supply and demand forces that impact the industry. These segmentations are methodically segregated by category. The categories include: wrapping & packaging, printing & writing, sanitary, news print, and others.
The Asia Pacific region leads the pulp & paper market by benefitting a market size of USD 179.16 billion in 2023 due to the rising adoption of its byproducts in the region.
The top players in the market play a crucial role in the industry, assuring industrial prospectus growth and setting market standards. These players include: International Paper (U.S.) Georgia-Pacific Corporation (U.S.) Nine Dragon Paper Ltd. (China) Stora Enso Oyj (Finland) Sappi Ltd. (South Africa) Kimberly-Clark Corporation (U.S.) UPM-Kymmene Oyj (Finland) Svenska Cellulosa Aktiebolaget (SCA) (Sweden) Oji Holding Corporation (Japan) Nippon Paper Industries Co. Ltd. (Japan) The Smurfit Kappa Group (Ireland) WestRock (U.S.)
In August 2023, Atlas Holdings has closed the previously announced acquisition of the pulp, newsprint, and directory paper mill operations in Thunder Bay, Ontario from Resolute FP Canada Inc.
Segmentation Table
Global Pulp & Paper Market Scope
Study Period 2019-2032
Base Year 2023
Forecast Period 2024-2032
Growth Rate CAGR of 1% from 2024-2032
Historical Period 2019-2022
Unit Value (USD Billion)
Segmentation By Components, and By Applications
By Category Wrapping & Packaging
Printing & Writing
Sanitary
News Print
Others
By Region North America (By Category and Country)
- U.S. (By Category)
- Canada (By Category)
Europe (By Category and Country)
- U.K. (By Category)
- Germany (By Category)
- France (By Category)
- Italy (By Category)
- Rest of Europe (By Category)
Asia Pacific (By Category and Country)
- China (By Category)
- Japan (By Category)
- India (By Category)
- South Korea (By Category)
- ASEAN (By Category)
- Rest of Asia Pacific (By Category)
South America (By Category and Country)
- Brazil (By Category)
- Mexico (By Category)
- Rest of South America (By Category)
Middle East & Africa (By Category and Country)
- GCC (By Category)
- South Africa (By Category)
- Rest of Middle East & Africa (By Category)
Please Note: It will take 5-6 business days to complete the report upon order confirmation.