Global Wood Paper And Paperboard Recycling Market Size By Type (Wood Recycling, Paper and Paperboard Recycling), By Application (Wood Panels, Energy Generation, Newsprint, Sanitary and Household), By Geographic Scope And Forecast
Report ID: 329062|No. of Pages: 202
Global Wood Paper And Paperboard Recycling Market Size By Type (Wood Recycling, Paper and Paperboard Recycling), By Application (Wood Panels, Energy Generation, Newsprint, Sanitary and Household), By Geographic Scope And Forecast
Wood Paper And Paperboard Recycling Market Size And Forecast
Wood Paper And Paperboard Recycling Market size was valued at USD 24.91 Billion in 2021 and is projected to reach USD 34.87 Billion by 2030, growing at a CAGR of 4.02% from 2023 to 2030.
The global Wood Paper And Paperboard Recycling Market is witnessing a rapid growth rate over the past few years. recycling wood, paper, and paperboard can be economically advantageous. Recovered materials can be processed and sold to manufacturers, generating revenue and job opportunities. Recycling industries contribute to the circular economy by turning waste into valuable resources. The Global Wood Paper And Paperboard Recycling Market report provide a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
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Global Wood Paper And Paperboard Recycling Market Definition
Wood, paper, and Paperboard Recycling are processes aimed at recovering and reusing materials derived from these sources to reduce waste and conserve resources. Wood recycling involves collecting and processing various wood products, such as furniture, pallets, construction waste, and tree trimmings, for reuse or conversion into new products. The recycling process typically includes sorting the wood based on its quality, removing contaminants like nails or screws, and grinding or chipping the wood into smaller pieces. The recycled wood can be used to manufacture new wood products, such as composite boards, mulch, animal bedding, or biomass fuel.
Paper recycling focuses on recovering used paper and transforming it into new paper products. The process begins with the collection of paper waste, which can include office paper, newspapers, magazines, cardboard boxes, and packaging materials. Paperboard is commonly used in packaging materials, including cereal boxes, shoeboxes, and cartons for food and beverages. The recycling process for paperboard involves collecting the used paperboard, removing contaminants, and processing it into a pulp. The recycling of wood, paper, and paperboard plays a crucial role in waste reduction, conserving natural resources, and minimizing the environmental impact associated with the production of new materials.
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Global Wood Paper And Paperboard Recycling Market Overview
Growing environmental awareness is one of the key factors driving the growth of the market. Increased environmental consciousness has led to a growing emphasis on sustainable practices and resource conservation. Recycling wood, paper, and paperboard reduces the need for virgin materials, which helps to preserve forests, conserve water, and minimize energy consumption. Furthermore, the growing emphasis on waste reduction across the globe is also contributing to the growth of the market. Wood, paper, and paperboard waste make up a significant portion of municipal solid waste.
Globally, the use of paper and paperboard generates more than 100 million tons (Mt) of paper waste every year. Recycling these materials reduces the volume of waste going to landfills, extending their lifespan and reducing the environmental impact of waste disposal. Many governments have implemented policies and regulations to promote recycling and waste management. They may set recycling targets, provide incentives for recycling businesses, or impose landfill taxes or bans on certain materials. These measures encourage the development and growth of wood, paper, and Paperboard Recycling infrastructure.
However, efficient collection and recycling infrastructure are crucial for wood, paper, and paperboard recycling. In some countries, the collection systems and infrastructure for recycling are not inadequate, leading to low collection rates. Rising demand for packaging made from recycled materials, including wood, paper, and paperboard is anticipated to offer new opportunities in the market over the forecast period.
Market Attractiveness
The image of market attractiveness provided would further help to get information about the region that is majorly leading in the Global Wood Paper And Paperboard Recycling Market. We cover the major impacting factors driving the industry growth in the given region.
Porter’s Five Forces
The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. Porter’s five forces model can be used to assess the competitive landscape in the Global Wood Paper And Paperboard Recycling Market, gauge the attractiveness of a certain sector, and assess investment possibilities.
Global Wood Paper And Paperboard Recycling Market Segmentation Analysis
The Global Wood Paper And Paperboard Recycling Market is Segmented on the Basis of Type, Application, And Geography.
Wood Paper And Paperboard Recycling Market, By Type
- Wood Recycling
- Paper and Paperboard Recycling
Based on Type, the market is segmented into wood recycling and paper and paperboard recycling. Paper and Paperboard Recycling held the highest market share in the year 2021. Paper and paperboard waste, such as office paper, newspapers, and packaging materials, constitute a significant portion of the overall waste generation. The widespread use of paper and paperboard products across the globe results in a higher volume of recyclable materials available for processing. In addition to this, paper and Paperboard Recycling have well-established collection systems, sorting facilities, and recycling mills. These infrastructures have been developed over many years to meet the demand for recycled paper products.
Wood Paper And Paperboard Recycling Market, By Application
- Wood Panels
- Energy Generation
- Newsprint
- Sanitary and Household
- Others
Based on Application, the market is segmented into wood panels, energy generation, newsprint, sanitary and household, and others. The sanitary and household segment is estimated to grow at the highest CAGR over the forecast period in the global Wood Paper And Paperboard Recycling Market. Recycled paper fibers are utilized in the production of various sanitary and household products, including tissue paper, toilet paper, cardboard packaging, paper bags, paper-based food containers, and paper towels. The market share for recycled content in sanitary products has been growing due to consumer demand for sustainable and eco-friendly alternatives. Recycling paper into sanitary products helps reduce deforestation and conserve resources.
Wood Paper And Paperboard Recycling Market, By Geography
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
On the basis of Geography, the global Wood Paper And Paperboard Recycling Market is classified into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The North American region held a significant market share in the global Wood Paper And Paperboard Recycling Market in the year 2021. Paper and Paperboard Recycling is stronger than ever in the U.S. For instance, according to the American Forest & Paper Association (AF&PA) report, around 68% of all paper consumed in the United States was recycled in 2021 – a rate on par with the highest rate achieved in the previous year. In addition to this, the Europe region also holds a considerable market share in the global wood, paper, and Paperboard Recycling market. Both consumption of new paper and board and collection of Paper for Recycling (PfR) have increased in recent years in the region For instance, according to European Paper Recycling Council 2021 Monitoring Report, in 2021, 71.4% of all paper and board consumed in Europe was recycled. Furthermore, the voluntary European Declaration of 2021 promoted paper recycling by committing to recycle 76% of all paper consumed by 2030 is also contributing to the growth of the market in the region.
Key Players
The “Global Wood Paper And Paperboard Recycling Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Evergreen Paper Recycling, Global Waste Recyclers Ltd, Huron Paper Stock, American Paper Recycling Corp., National Paper Recycling, Carolina Fibre Corporation, Hanna Paper Recycling, Landfill Reduction and Recycling, Ricova, Sappi ReFibre, and InterWest Paper Inc. among others.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the players mentioned above globally.
Ace Matrix Analysis
The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.
Report Scope
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| STUDY PERIOD | 2018-2030 |
| BASE YEAR | 2021 |
| FORECAST PERIOD | 2023-2030 |
| HISTORICAL PERIOD | 2018-2020 |
| UNIT | Value (USD Billion) |
| KEY COMPANIES PROFILED | Evergreen Paper Recycling, Global Waste Recyclers Ltd, Huron Paper Stock, American Paper Recycling Corp., National Paper Recycling, Carolina Fibre Corporation, Hanna Paper Recycling, Landfill Reduction and Recycling, Ricova, Sappi ReFibre, and InterWest Paper Inc. among others. |
| SEGMENTS COVERED |
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| CUSTOMIZATION SCOPE | Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope |
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Exploratory data mining
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Data Collection Matrix
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Econometrics and data visualization model
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Analysts use correlation, regression and time series analysis to deliver reliable business insights. Our experienced team of professionals diffuse the technology landscape, regulatory frameworks, economic outlook and business principles to share the details of external factors on the market under investigation.
Different demographics are analyzed individually to give appropriate details about the market. After this, all the region-wise data is joined together to serve the clients with glo-cal perspective. We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. We work with our clients in every step of the work, from exploring the market to implementing business plans. We largely focus on the following parameters for forecasting about the market under lens:
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We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.
Primary validation
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The assumptions that are made to obtain the statistics and data elements are cross-checked by interviewing managers over F2F discussions as well as over phone calls.
Different members of the market’s value chain such as suppliers, distributors, vendors and end consumers are also approached to deliver an unbiased market picture. All the interviews are conducted across the globe. There is no language barrier due to our experienced and multi-lingual team of professionals. Interviews have the capability to offer critical insights about the market. Current business scenarios and future market expectations escalate the quality of our five-star rated market research reports. Our highly trained team use the primary research with Key Industry Participants (KIPs) for validating the market forecasts:
- Established market players
- Raw data suppliers
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The aims of doing primary research are:
- Verifying the collected data in terms of accuracy and reliability.
- To understand the ongoing market trends and to foresee the future market growth patterns.
Industry Analysis Matrix
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