Recycled paper is the major source of the raw material for most of paper mills in the developing as well as developed countries. Recycling of paper not only saves more and more natural resources but also saves lots of manufacturing expenses. Primary application for the recycled paper are the newsprint paper, printing & writing paper, and packaging products. More than 35% of the paper raw material demand in the countries such as India and China are fulfilled by the recovered paper. India imports a lot of recovered paper to meet its domestic demand due to lack of waste paper collection and segregation channels in the country. 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. 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. Also, more than 50% of the raw material demand in the Europe is fulfilled by the recycled paper. Newsprint, followed by packaging products, is the largest end use application of the recycled paper. Paper recycling market is growing but at a slower rate in developed regions than developing ones. Asia-Pacific and Latin America region has high potential for paper recycling market because of the lower paper recycling rates in the region along with the low penetration of the paper recycling companies in the region. Governments in countries such as India and China are also supporting paper recyclers to protect natural resources from depletion and increase recycling rates in the region. 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.
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.
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.
Ask An Analyst @ https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-6952
The report covers exhaust analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- 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)
- 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.
Request For TOC@ https://www.futuremarketinsights.com/toc/rep-gb-6952
Paper Recycling Market: Market Segmentation:
Paper Recycling Market Segmentation: By Source of Collection
Paper Recycling Market Segmentation: By Application
- Newsprint Paper
- 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
Paper Recycling Market Segmentation: By End Use Industries
- Food & beverages
- Electrical & Electronics
- Printing & Paper
- Building & Construction
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current, and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
For Sales Enquiries: email@example.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports
LinkedIn| Twitter| Blogs