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During the projection period (2023-2030), the waste paper recycling market is expected to expand from its 2022 valuation of USD 41.59 billion at a CAGR of 5.8% from 2023's USD 43.22 billion to 2030's USD 61.49 billion.
The rising number of schools and research facilities as well as commercial enterprises is driving up global demand for paper goods. Since wood and bamboo are the primary raw materials in the production of paper, their demand is on the rise. Deforestation rates climb as paper consumption rises. Recycling used paper is essential in the fight against increasing forest loss. Recycling paper is becoming increasingly vital in modern society as a result of rising urbanization and literacy rates among middle-class populations in developing economies. Concern over diminishing natural resources has contributed to recycling paper's rising popularity. In developing nations like India and China, recycled paper meets more than 35 percent of annual paper demand. To meet its domestic need, India imports a great deal of recovered paper from other countries due to a lack of waste paper collection and segregation facilities.
To encourage waste paper collection, local actors focus on constructing the appropriate collection and sorting facilities. In order to reduce manufacturing costs and minimize labor-intensive operations, leading recycling businesses are developing automated, highly effective recycling systems. The term "waste paper" refers to any paper that has been used and then discarded, whether it be from a paper mill or a consumer. You can recycle and reuse paper products including old newspapers, magazines, cardboard boxes, wrapping paper, and packing paper. Saving resources like electricity, wood, and water are driving factors in the waste paper recycling industry. Recycled fiber is a sustainable, cost-saving resource for producing new paper products, and recycling paper waste helps cut down on greenhouse gas emissions. The initial pulping process uses a lot of wood, electricity, and produces a lot of pollution, so switching to recycled paper is a big deal. The World Wildlife Fund estimates that 17 trees can be saved for every ton of paper that is recycled. Combustion of paper that has been recycled results in fewer greenhouse gas emissions.
Sorting Garbage by Type
Corrugated cardboard, white office paper, magazines, newspapers, and tissue papers make up the various subsegments of the worldwide waste paper recycling market. In 2022, corrugated cardboard was the market leader, generating almost 41% of all sales worldwide. The packaging industry and countries with little resources have generally welcomed it with open arms. In addition, its paper quality is unrivaled at its price point. Because of its remarkable durability, it may be recycled extensively. The expansion of the e-commerce market, in turn, has increased the demand for packaging as a result of shifting customer tastes and expanding populations. The market for recycled corrugated cardboard is poised to benefit from this trend over the next few years. Corrugated cardboard is recycled at a rate of over 81 percent. The size, shape, and color of the cardboard don't matter. During the forecast period, the white office paper market is anticipated to expand at a CAGR of 4.4%. Waste paper from the office can come from a variety of sources, such as junk mail, old phone books, paperboard, magazines, and catalogs. The backs of writing tablets, pamphlets, posters, and computer paper all belong here.
Evaluation Through Use
Packaging paper, printing paper, and copy paper make up separate subsets of the global waste paper recycling industry. In terms of revenue, the wrapping paper subsegment is anticipated to account for 48.5% of the market by the end of the forecast year. The paper business produces the paper used to make wrapping paper from wood pulp. Papers like craft wrapping used in grocery store bags are created from unbleached pulp, whereas gift wrap paper is typically made from bleached pulp sourced from softwood trees. As a result of these factors, this submarket of the waste paper recycling sector is predicted to expand at a rapid rate.
Driver
Recycling paper has a positive effect on the environment.
The waste paper recycling business is being propelled by the positive environmental effects of recycled paper. When compared to producing new paper, recycling reduces water pollution by 35% and air pollution by 74%. To eliminate 3m3 of waste, recycle 1 ton of newspaper. Decomposing paper releases methane, a potent greenhouse gas, into the atmosphere. Overall, it appears that making paper from recycled pulp is preferable to making new paper from pulp.
Restraint
Problems with Sorting and Collecting Recyclable Paper
It would be ideal if all spent paper was sent to recycling operations where it could be turned into fresh paper that could be used indefinitely. However, the strength and length of paper fibers diminish with each recycling process, and most papers may only be recycled a maximum of five times before they become unusable. The recycling process requires careful separation of paper grades. Brown paper bags, paper boards, and egg cartons are made from recycled low-grade paper like corrugated cardboard and mixed paper. For printing purposes, only high-quality recycled paper will do, and this paper must be made from high-quality waste. The expansion of the global waste paper recycling industry is hampered by the inefficiency of waste paper collection and segregation.
Strategic Market Shifts
The efficiency and quality of recycled paper manufacturing have been greatly enhanced by the continued trend toward the development of cutting-edge technologies for sorting and processing waste paper. There is also a growing movement toward "circular economy" models, which view paper waste not as garbage but as a resource that may be put to productive use again and again.
Report Coverage
Global Waste Paper Recycling research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Waste Paper Recycling report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Waste Paper Recycling competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Waste Paper Recycling market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Waste Paper Recycling market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Waste Paper Recycling market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
International Paper Company, Georgia-Pacific LLC, Waste Management Inc., DS Smith PLC, Pratt Industries, Inc., Cascades Inc., Mondi Group, UPM-Kymmene Oyj, Nine Dragons Paper Holdings Limited, Smurfit Kappa Group plc, Stora Enso Oyj, Nippon Paper Industries Co., Ltd., Lee & Man Paper Manufacturing Ltd., WestRock Company, Huhtamaki Oyj, Sappi Limited, Svenska Cellulosa Aktiebolaget (SCA), Kimberly-Clark Corporation, Sonoco Products Company, Oji Holdings Corporation
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Waste Paper Recycling market based on the below-mentioned segments:
Global Waste Paper Recycling Market, By Waste Product
Corrugated cardboard
White office paper
Magazines
Newspapers
Tissue papers
Global Waste Paper Recycling market, By Application
Wrapping paper
Printing & writing Paper
Global Waste Paper Recycling market, Regional Analysis
The rising number of schools and research facilities as well as commercial enterprises is driving up global demand for paper goods. Since wood and bamboo are the primary raw materials in the production of paper, their demand is on the rise. Deforestation rates climb as paper consumption rises. Recycling used paper is essential in the fight against increasing forest loss. Recycling paper is becoming increasingly vital in modern society as a result of rising urbanization and literacy rates among middle-class populations in developing economies. Concern over diminishing natural resources has contributed to recycling paper's rising popularity. In developing nations like India and China, recycled paper meets more than 35 percent of annual paper demand. To meet its domestic need, India imports a great deal of recovered paper from other countries due to a lack of waste paper collection and segregation facilities.
To encourage waste paper collection, local actors focus on constructing the appropriate collection and sorting facilities. In order to reduce manufacturing costs and minimize labor-intensive operations, leading recycling businesses are developing automated, highly effective recycling systems. The term "waste paper" refers to any paper that has been used and then discarded, whether it be from a paper mill or a consumer. You can recycle and reuse paper products including old newspapers, magazines, cardboard boxes, wrapping paper, and packing paper. Saving resources like electricity, wood, and water are driving factors in the waste paper recycling industry. Recycled fiber is a sustainable, cost-saving resource for producing new paper products, and recycling paper waste helps cut down on greenhouse gas emissions. The initial pulping process uses a lot of wood, electricity, and produces a lot of pollution, so switching to recycled paper is a big deal. The World Wildlife Fund estimates that 17 trees can be saved for every ton of paper that is recycled. Combustion of paper that has been recycled results in fewer greenhouse gas emissions.
Sorting Garbage by Type
Corrugated cardboard, white office paper, magazines, newspapers, and tissue papers make up the various subsegments of the worldwide waste paper recycling market. In 2022, corrugated cardboard was the market leader, generating almost 41% of all sales worldwide. The packaging industry and countries with little resources have generally welcomed it with open arms. In addition, its paper quality is unrivaled at its price point. Because of its remarkable durability, it may be recycled extensively. The expansion of the e-commerce market, in turn, has increased the demand for packaging as a result of shifting customer tastes and expanding populations. The market for recycled corrugated cardboard is poised to benefit from this trend over the next few years. Corrugated cardboard is recycled at a rate of over 81 percent. The size, shape, and color of the cardboard don't matter. During the forecast period, the white office paper market is anticipated to expand at a CAGR of 4.4%. Waste paper from the office can come from a variety of sources, such as junk mail, old phone books, paperboard, magazines, and catalogs. The backs of writing tablets, pamphlets, posters, and computer paper all belong here.
Evaluation Through Use
Packaging paper, printing paper, and copy paper make up separate subsets of the global waste paper recycling industry. In terms of revenue, the wrapping paper subsegment is anticipated to account for 48.5% of the market by the end of the forecast year. The paper business produces the paper used to make wrapping paper from wood pulp. Papers like craft wrapping used in grocery store bags are created from unbleached pulp, whereas gift wrap paper is typically made from bleached pulp sourced from softwood trees. As a result of these factors, this submarket of the waste paper recycling sector is predicted to expand at a rapid rate.
Driver
Recycling paper has a positive effect on the environment.
The waste paper recycling business is being propelled by the positive environmental effects of recycled paper. When compared to producing new paper, recycling reduces water pollution by 35% and air pollution by 74%. To eliminate 3m3 of waste, recycle 1 ton of newspaper. Decomposing paper releases methane, a potent greenhouse gas, into the atmosphere. Overall, it appears that making paper from recycled pulp is preferable to making new paper from pulp.
Restraint
Problems with Sorting and Collecting Recyclable Paper
It would be ideal if all spent paper was sent to recycling operations where it could be turned into fresh paper that could be used indefinitely. However, the strength and length of paper fibers diminish with each recycling process, and most papers may only be recycled a maximum of five times before they become unusable. The recycling process requires careful separation of paper grades. Brown paper bags, paper boards, and egg cartons are made from recycled low-grade paper like corrugated cardboard and mixed paper. For printing purposes, only high-quality recycled paper will do, and this paper must be made from high-quality waste. The expansion of the global waste paper recycling industry is hampered by the inefficiency of waste paper collection and segregation.
Strategic Market Shifts
The efficiency and quality of recycled paper manufacturing have been greatly enhanced by the continued trend toward the development of cutting-edge technologies for sorting and processing waste paper. There is also a growing movement toward "circular economy" models, which view paper waste not as garbage but as a resource that may be put to productive use again and again.
Report Coverage
Global Waste Paper Recycling research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Waste Paper Recycling report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Waste Paper Recycling competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Waste Paper Recycling market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | International Paper Company, Georgia-Pacific LLC, Waste Management Inc., DS Smith PLC, Pratt Industries, Inc., Cascades Inc., Mondi Group, UPM-Kymmene Oyj, Nine Dragons Paper Holdings Limited, Smurfit Kappa Group plc, Stora Enso Oyj, Nippon Paper Industries Co., Ltd., Lee & Man Paper Manufacturing Ltd., WestRock Company, Huhtamaki Oyj, Sappi Limited, Svenska Cellulosa Aktiebolaget (SCA), Kimberly-Clark Corporation, Sonoco Products Company, Oji Holdings Corporation |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Waste Paper Recycling Market from 2021 to 2030.
- Market Forecast for Waste Paper Recycling Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Waste Paper Recycling competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Waste Paper Recycling
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Waste Paper Recycling market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Waste Paper Recycling market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
International Paper Company, Georgia-Pacific LLC, Waste Management Inc., DS Smith PLC, Pratt Industries, Inc., Cascades Inc., Mondi Group, UPM-Kymmene Oyj, Nine Dragons Paper Holdings Limited, Smurfit Kappa Group plc, Stora Enso Oyj, Nippon Paper Industries Co., Ltd., Lee & Man Paper Manufacturing Ltd., WestRock Company, Huhtamaki Oyj, Sappi Limited, Svenska Cellulosa Aktiebolaget (SCA), Kimberly-Clark Corporation, Sonoco Products Company, Oji Holdings Corporation
Primary Target Market
- Market Players of Waste Paper Recycling
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Waste Paper Recycling market based on the below-mentioned segments:
Global Waste Paper Recycling Market, By Waste Product
Corrugated cardboard
White office paper
Magazines
Newspapers
Tissue papers
Global Waste Paper Recycling market, By Application
Wrapping paper
Printing & writing Paper
Global Waste Paper Recycling market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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