Recovered Paper Market Size (2024 - 2029)

The recovered paper market is experiencing growth driven by the increasing demand for environmentally friendly packaging solutions, particularly in the packaging industry where recovered paper is a crucial raw material. This market expansion is supported by government regulations promoting the use of recycled materials and the reduction of carbon emissions. The demand is further fueled by the rise of e-commerce, which relies heavily on corrugated boxes and cartons for product packaging. While Asia, especially China and India, remains a key growth region, the USA and Europe face challenges due to import restrictions and sustainability regulations.

Market Size of Recovered Paper Industry

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Recovered Paper Market Size
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
CAGR 2.70 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific

Major Players

Recovered Paper Market Key Players

*Disclaimer: Major Players sorted in no particular order

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Recovered Paper Market Analysis

The Recovered Paper Market is expected to grow at a CAGR of 2.7% over the forecast period 2021 to 2026. As corrugated containers and boxes are extensively used as packaging products for transportation and shipping, there is an excellent demand for recovered paper derived from old corrugated containers that can be recycled and reused for packaging purposes. The burgeoning demand for corrugated boxes for packaging is encouraging the growth of the recovered paper market.

  • The packaging industry requires recovered paper as a raw material. The increasing demand for environmentally friendly projects is expanding the market for recovered paper. As the government has also laid down rules regarding the use of papers in terms of environment security; thus, many businesses have started using recovered paper. The recovered paper market is used by different industries that use an environment-friendly product such as the food and beverage industry, electrical and electronics industry, automobile industry, and pharmaceutical industries.
  • The recovered paper market is used for manufacturing products such as containerboards, corrugated boxes, cartons, and many others. For example, according to the US Census Bureau, in that year 2019, some 17.6 million tons accounting for 35.7% of all recovered paper and paperboards were shipped out as part of net exports. In that year, around 37.8% of all recovered paper and paperboards were recycled into containerboards.
  • According to METI (Japan), in 2018, approximately 35.4 thousand metric tons of molded pulp were made from recovered paper, down from more than 36 thousand tons in the previous year. The composition ration of recovered paper from molded pulp amounted to around 3.2% in 2018. According to AF&PA, in 2019, approximately 79.5% of wastepaper was recovered in Japan, an increase from about 71% in 2005.
  • The government's role in supporting the recovered paper plays a crucial role in driving the market. The reduction of carbon emission is also one of the major factors that draw more attention to the consumption of recovered paper. According to Global Carbon Atlas and CDIAC, in 2018, some 36.7 billion metric tons of carbon dioxide were emitted globally, and it is projected that worldwide energy-related carbon dioxide emissions will increase to 43 billion metric tons in 2050.
  • In today's world, there is an enhanced demand for online purchase of products where cartons and corrugated boxes are highly used for the packaging. For instance, according to India Brand Equity Foundation, increasing exponentially, the market value of the e-commerce industry in India was nearly 50 billion U.S dollars in 2018. This number was expected to reach 200 billion U.S. dollars by 2027. According to Hootsuite, the third quarter of 2019 saw internet users in Indonesia purchase the most items online, with 88% of active internet users shopping online.
  • Asia, majorly dominated by China and India, is still the primary growth driver. The USA and Europe are the prime exporters of recovered paper, globally. However, these regions are witnessing negative or minimum growth rates after the import restrictions in China. Besides, the sustainability regulations in China have become a significant challenge for global recyclers.

Recovered Paper Industry Segmentation

The recovered paper is defined as the collection of papers used for recycling or used paper collected for recycling is termed 'recovered paper.' The waste paper or the recycled paper obtained from the end-use industries and by the consumers is utilizing as raw material for the generation of recovered paper. The same is used to manufacture products such as corrugated boxes, cartons, containerboard, and others.

By Type
Printing and Writing Paper
Newsprint
Tissue
Containerboard
Other Types
Geography
North America
Europe
Asia-Pacific
Latin America
Middle East and Africa
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Recovered Paper Market Size Summary

The recovered paper market is poised for growth, driven by the increasing demand for environmentally friendly packaging solutions. As industries such as food and beverage, electronics, automobiles, and pharmaceuticals seek sustainable materials, recovered paper has become a vital raw material. The packaging sector, particularly the demand for corrugated boxes and containerboards, is a significant contributor to this market expansion. The push for reduced carbon emissions and government regulations promoting the use of recycled materials further bolster the market's trajectory. The e-commerce boom, especially in regions like Asia, is also a key factor, as it necessitates the use of packaging materials that are both efficient and sustainable.

Globally, the recovered paper market is moderately competitive, with major players like Smurfit Kappa Group, International Paper, and Nine Dragons Paper Holdings leading the charge. These companies are actively engaging in mergers and acquisitions to enhance their production capacities and market presence. The United States and Europe remain significant players in the export of recovered paper, although challenges such as import restrictions in China and alternative packaging solutions pose potential hurdles. Despite these challenges, the market is expected to benefit from the growing emphasis on eco-friendly packaging, particularly in the United States, where the demand for paper packaging across various industries is on the rise.

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Recovered Paper Market Size - Table of Contents

  1. 1. MARKET INSIGHTS

    1. 1.1 Market Overview (Includes COVID-19 Impact on the Market)

    2. 1.2 Industry Value Chain Analysis

    3. 1.3 Industry Attractiveness - Porter's Five Forces Analysis

      1. 1.3.1 Bargaining Power of Suppliers

      2. 1.3.2 Bargaining Power of Consumers

      3. 1.3.3 Threat of New Entrants

      4. 1.3.4 Threat of Substitute Products

      5. 1.3.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION (Quantitative and Qualitative Analysis) (Revenue in USD Billion)

    1. 2.1 By Type

      1. 2.1.1 Printing and Writing Paper

      2. 2.1.2 Newsprint

      3. 2.1.3 Tissue

      4. 2.1.4 Containerboard

      5. 2.1.5 Other Types

    2. 2.2 Geography

      1. 2.2.1 North America

      2. 2.2.2 Europe

      3. 2.2.3 Asia-Pacific

      4. 2.2.4 Latin America

      5. 2.2.5 Middle East and Africa

Recovered Paper Market Size FAQs

The Recovered Paper Market is projected to register a CAGR of 2.70% during the forecast period (2024-2029)

Nine Dragons Paper Holdings Limited, Smurfit Kappa Group plc ​​, DS Smith Plc​, Stora Enso Oyj ​​​ and International Paper​​​ are the major companies operating in the Recovered Paper Market.

Recovered Paper Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)