Increasing demand of the paper-based packaging products in the food and industrial markets will also brighten the future prospects of paper recycling business in the next few years. Packaging waste, if not recycled, may pollute the environment and create serious health problems.
Paper Recycling Market: Market Dynamics
Paper recycling market has witnessed significant growth in the last few years due to increasing concern over depleting environmental resources. The demand for recycled paper is increasing at a CAGR of more than 7-8% annually in the developing countries. Major challenges in the paper recycling market is the high cost of machinery, inefficient waste paper collection and segregation system, and high competition from the international players.
Paper Recycling Market: Market Players
- Some of the key players in the Paper Recycling market are
- Hanna Paper Recycling, Inc.,
- International Paper Company,
- DS Smith Recycling Holding B.V.,
- Waste Management Inc.,
- WestRock Company,
- WM Recycle America, LLC,
- Sonoco Recycling LLC,
- Caraustar Industries, Inc.,
- Pratt Industries, Inc.,
- Saica Group,
- Ricova Recycling.
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Primary focus of the local paper recyclers is to establish proper collection and segregation systems to facilitate the collection of the waste paper in the region. Leading recycling companies are establishing automatic and highly efficient recycling systems to curb high manufacturing cost and eliminate labor intensive operations by automating the existing process.
There are lots of opportunities in the paper recycling market in the developing countries such as China because it is the leading importer of the waste paper in the world. This scenario could be reversed by the increase in domestic production of the recovered paper in the country.
Paper Recycling Market: Regional Overview
On the basis of region, the Paper Recycling market is segmented into seven regions which include North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific, Middle East & Africa, and Japan. Approximately more than 57 million tons of paper is collected in the Europe for recycling activities. And the collection rate is steadily increasing, exceeding 50% every year.
In MEA region, UAE and Saudi Arabia will soon ban plastic packaging products which will create the high demand for paper packaging products in the region. Escalating demand will also boost the demand for recycled paper in the region.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
The report covers exhaust analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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- Industries
- Offices
- Households
Paper Recycling Market Segmentation: By Application
- Newsprint Paper
- Cardboard
- Writing & Printing Paper
- Packaging Products
Paper Recycling Market Segmentation: By Collection & Segregation Channel
- Kerb-side Pick-up
- Paper Bank Collection
- Municipal Solid Waste (MSW) Collection
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