Global Bagasse Pulp Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Bagasse Pulp Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Bagasse pulp is pulp made from cane sugar waste. The fiber raw material of bagasse pulp has short fiber length, high content of miscellaneous cells, high transparency and high brittleness of paper. The bleached bagasse pulp can be mixed to certain quantity of macrofiber and used to manufacture various high-grade cultural paper and living paper, such as bodystock paper, copy paper, two-side offset paper, sanitary tissue, napkin and etc. With the proper manufacturing process, the bagasse pulp also can be applied to make coated art base paper or newspaper.

Market Overview:

The latest research study on the global Bagasse Pulp market finds that the global Bagasse Pulp market reached a value of USD 2065.51 million in 2022. It’s expected that the market will achieve USD 2325.98 million by 2028, exhibiting a CAGR of 2.0% during the forecast period.

Supply Chain and Market Disruption

Raw materials are very critical to the manufacture of Bagasse Pulp. Affected by the epidemic, the procurement of production raw materials and equipment, and transportation and supply are difficult to achieve, and upstream enterprises affect the work progress of downstream enterprises. Due to traffic obstruction, the bagasse may deteriorate during transportation, and the expected effect of pulping cannot be achieved. The production and delivery time of the enterprise may be delayed. At the same time, if the customer's delivery time requirements do not meet the contract, the customer may find another company and lose business. Additionally, the sudden onset of the COVID-19 pandemic has led to the imposition of strict lockdown regulations in several countries, resulting in the disruption of the import and export of bagasse pulp.

Influence business model

Due to the spread of COVID-19 around the world and the rising external risks of enterprises, the uncertainty of employees' resumption of work and production is bound to affect the normal production and operation of enterprises. First, Bagasse Pulp enterprises re-examine investment expansion strategies, especially productive investment expansion strategies. They will re-formulate production plans based on the current epidemic situation and market supply and demand. Secondly, the transition from offline to online office at home will inevitably lead to a reduction in office efficiency. The third is the decrease in corporate market orders and the loss of customers, resulting in a decrease in shipments and overseas orders in the same period. Finally, the epidemic has had a huge impact on the stable operation of enterprises, resulting in a more severe employment situation, and some enterprises even have difficulty recruiting.

Bagasse Pulp has advantages.

Bagasse has been a rich source of cogeneration for the sugarcane industry and other sectors. Bagasse is the residue remaining after sugar cane has been crushed and processed to remove the juice. Thus, bagasse pulp of similar quality to hardwood pulp can be produced from hardwood by suitable manufacturing processes. In the pulp and paper industry, bagasse-based mills can be rapidly developed without the lead time constraints imposed by wood mills. At the same time, with the depletion of traditional pulp resources, the demand for non-wood fibers has increased. Bagasse tableware products are a trendy and highly regarded product as a green alternative to plastic tableware. Bagasse tableware products or sugarcane fiber tableware products are made from bagasse and are an eco-friendly alternative to polystyrene and Styrofoam tableware products.

Intense market competition

The market share of bagasse pulp has been rising over the past few years as competition has intensified within the industry. And the market has been stable for a long time, and the downstream industry has a large demand. Many companies have already started to enter this space. However, if an enterprise entering this industry cannot find its market position in the fierce market competition, improve its own core competitiveness, strengthen management, and fail to meet customer needs, then the enterprise may face a survival dilemma. Additionally, The fierce competition in the market leads to the gradual reduction of profit margins.

The downstream market is vast

Demand for paper and cardboard is growing, but resources are insufficient to meet demand. Traditionally, the pulp and paper industry has relied heavily on virgin hardwood resources, and the slow growth cycle of wood pulp feedstock, increasing demand for fiber and limited availability of additional forest resources have led the industry to look for different fiber options as Raw materials, including bagasse, agricultural residues such as bamboo, fibers from other than wood, and bagasse pulping have recently attracted more interest from the pulp and paper industry. As traditional pulp resources are depleted, the demand for non-wood fibers, such as bagasse pulp, is gradually increasing.

Region Overview:

In global comparison, a significant portion of the revenue was generated in India (25.53% in 2022).

Company Overview:

Tamil Nadu Newsprint and Papers Ltd. is one of the major players operating in the Bagasse Pulp market, holding a share of 12.78% in 2022.

Tamil Nadu Newsprint and Papers Ltd.

Tamil Nadu Newsprint and Papers Limited (TNPL) was established by the Government of Tamil Nadu during early eighties to produce Newsprint and Printing & Writing Paper using bagasse, a sugarcane residue, as primarcy raw material.

Guangxi Yangpu Nanhua Sugar Industry

Guangxi Yangpu Nanhua Sugar Industry Group Co., Ltd. is a trans-regional large-scale enterprise group integrating industry, agriculture and trade. The company's main business is: sugar cane sugar; bagasse pulp and paper; molasses fermentation to produce monosodium glutamate, alcohol; filter mud and other wastes to produce bio-organic fertilizer, etc.; and the purchase and sale of related products.

Segmentation Overview:

By type, Industrial Grade segment accounted for the largest share of market in 2022.

Food Grade

Products produced from Bagasse Pulp are environmentally friendly, biodegradable and compostable. Its raw materials are all renewable resources based on natural fibers. Bagasse Pulp is widely used in the field of high-end food green packaging, and more and more food containers choose it as a raw material. Adhering to the orientation of global environmental protection needs, it has to be said that food-grade Bagasse Pulp has broad prospects. Bagasse pulp, which is also a plant fiber material, can effectively replace wood pulp, and is low-cost and environmentally friendly.

Industrial Grade

Compared to consumer products, industrial-grade products can withstand more extreme conditions, such as those encountered in transportation, factory automation. Bagasse pulp has a variety of uses. Bagasse has great application prospects in industrial packaging, including shock-proof packaging materials such as the inner support of mobile phone packaging boxes and foam in home appliance packaging boxes. And it also plays a huge role in the paper industry.

Application Overview:

By application, the Paper segment occupied the biggest share from 2017 to 2022.

Food Packaging

Food packaging is packaging for food. A package provides protection, tampering resistance, and special physical, chemical, or biological needs. It may bear a nutrition facts label and other information about food being offered for sale. Food packaging made from Bagasse Pulp pulp is compostable, biodegradable and environmentally friendly.

Paper

Bagasse pulp can be used for papermaking, and bagasse pulp can be used to produce decorative base paper, food packaging paper, tissue paper and other products. At present, there are mature technologies using bagasse pulping as an alternative raw material for wood to produce paper cup base paper, fully degradable paper agricultural mulch, and paper tableware.

Key Companies in the global Bagasse Pulp market covered in Chapter 3:

JB Daruka Papers Limited
envoCOPY
Shenzhen Grizzlies Industries Co.,LTD
ASR Group
Guangxi Qiaowang Pulp Packing Products Co.Ltd
Guangxi Yangpu Nanhua Sugar Industry
Pars Paper Industrial Group
Stanger Mill
Tamil Nadu Newsprint and Papers Ltd.
GUANGXI SUGAR INDUSTRY GROUP
Guangxi Laibin Dongtang Group Co.,ltd.
Sugarcane Ecoware Co., Ltd (SEW)
Kaset Thai International Sugar Corporation Public Company Limited

In Chapter 4 and Chapter 14.2, on the basis of types, the Bagasse Pulp market from 2018 to 2029 is primarily split into:

Food Grade
Industrial Grade

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Bagasse Pulp market from 2018 to 2029 covers:

Food Packaging
Paper
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)