Global Waste Paper Recycling Industry to reach USD 54.9 billion by 2025.
Global Waste Paper Recycling Industry valued approximately USD 42 billion in 2016 is anticipated to grow with a healthy growth rate of more than 3.4% over the forecast period 2019-2025. Increasing concern towards environmental protection is the major factor driving the growth of the Global Waste Paper Recycling Industry. Furthermore, the government regulation has decreased the raw material supply for manufacturing the new paper and have resulted in increase in the prices of new paper. This has fueled the Industry growth. Increasing urbanization and the upwelling behavior in the developing countries such as India and China, to get higher literacy rates have increased the demand for products like newsprint, packaging, and writing paper. The consumers preferences have also changed toward the convenient and sustainable packaging, governments regulations toward low plastic consumption, and the low manufacturing cost are some other factors driving the growth of the Industry. Recycling of waste paper is gaining popularity over manufacturing of new paper due to its advantages such as, Recycled paper has become the major source of raw material for most of the paper mills because of the low availability of the other source, recycling of paper help in reducing the environmental degradation, the cost of manufacturing is also low and the provides the manufacturer with the opportunity to gain more profit. However, the scarcity of waste paper collection channel act as the major restraint to the Industry. The recycling of paper is the process by which waste paper is turned into new paper products. The process involves mixing used/old paper with water and chemicals to break it down. It is then chopped up and heated, and is converted into pulp, or slurry. It is then de-inked, bleached, and mixed with water and. Then it can be made into new recycled paper.
The regional analysis of Global Waste Paper Recycling Industry is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of Industry share. Whereas, owing to the countries such as China, Japan, and India, Asia Pacific region is anticipated to exhibit higher growth rate / CAGR over the forecast period 2019-2025.
The objective of the study is to define Industry sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the Industry. Additionally, the report shall also incorporate available opportunities in micro Industrys for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
Waste Paper Recycling Industry Share and Size by 2019-2025
Waste Paper Recycling Market Segmentation:
* Corrugated Cardboard
* White Office Paper
* Mixed Paper
* Wrapping Paper
* Printing-and-Writing Paper
* North America
- Rest of Europe
- Rest of Asia-Pacific
- Latin America
- Middle East & Africa
Major Market Players in Waste Paper Recycling Market are as follows:
Waste Management, Republic Services, Sonoc - Recycling, Hanna Paper Recycling, WASCO, Perlen Papier, ST Paper Resources, Cascades Recovery, Global Wastepaper Recyclers, International Paper, Heinzel Group, DS Smith, Veolia Environment, Remondis, Kokusai Pulp & Paper, Huanjia Group, Shandong Century Sunshine, Northern International, China Recycling Development, Tianjin Wuchan and s - on.