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Global Paper Recycling Market Report 2020: Market is Estimated to be $45.5 Billion in 2020 and is Expected to Reach $56.2 Billion by 2025
Dublin, Feb. 02, 2021 (GLOBE NEWSWIRE) — The “Global Paper Recycling Market (2020-2025) by Source of Collection, Type, Application, Collection & Segregation Channel, End Use, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis” report has been added to ResearchAndMarkets.com’s offering. The Global Paper Recycling Market is estimated to be USD 45.5 Bn in 2020 and is expected to reach USD 56.2 Bn by 2025, growing at a CAGR of 4.3%.Significant factors promoting the growth of the global paper recycling market are attributed to the increased threat towards the rapid depletion of resources. This has led to a conscious awareness of sustainability among the consumers and business enterprises with the increased adoption of eco-friendly products. Besides, recycled paper also offers various cost-benefit advantages as well as a favorable impact on the environment. These factors are further boosting the market growth.The costs associated with the machinery as well as the inefficient waste collection mechanism and the segregation system can be a deterrent to the market growth.SegmentationBy Source of Collection, the market is classified as industries, offices, and households. Amongst all, Industries hold the largest share with the major applications in the newsprint paper, printing & writing paper, and packaging products. The collection of paper for recycling not only helps the manufacturing industries to save on time but also saves on the manufacturing processes. It has been seen that more than 35% of the raw material demand of paper in countries in India and China are met by recycled paper. These factors aid in the growth of the market.By Type, the market is classified as Corrugated Cardboard, Newspapers, Magazines, Office Paper, Mixed Paper, and Others. Corrugated Cardboard holds the largest market share as it is widely adopted in the packaging industry in developed and developed countries. Also, it is considered to be of the highest value in terms of paper grade. With the high durability that it has to offer, it can allow for maximum recycling.By Application, the market is classified as Newsprint Paper, Cardboard, Writing & Printing Paper, and Packaging Products. Writing And Printing Paper finds its application for different individual needs at home or business such as manufacturing of catalogs, books, notebooks, newspapers, magazines, commercial printing, business forms, stationeries, copying, and digital printing, etc. Moreover, the use of writing paper has evolved towards initiating business transactions, further propelling the growth of the segment.By Collection And Segregation Channel, the market is classified as Kerb-side Pick-up, Paper Bank Collection, Municipal Solid Waste (MSW) Collection. Municipal solid waste holds the largest market share, with around 69 mn tonnes being recycled and 25 million tonnes being composted as per the United States Environmental Protection Agency (EPA) in 2018. Amongst the different wastes, paper & paper board wastes are maximum accounting to 23.05%. Moreover, state Governments and local Governments ensure adequate management of MSW by prioritizing their objectives towards the same. This further facilitates the growth of this segment.By End Use, the market is classified as food & beverages, retail, electrical & electronics, printing & paper, and building & construction, and others. Print and Paper hold the highest market share as it has its applications across industry-wide domains from conventional methods to digital printing, augmenting the growth of the market. Countries like Europe producing 90 million tonnes of paper requirements based on recycled fibers further contribute to the growth of the print and paper industry segment.By Geography, Europe holds the largest share in the global paper recycling market. It is mainly attributed to the fact that the major manufacturing activities comprising of raw material demand (50%) are fulfilled by recycled paper. Market Dynamics Drivers Rapid Depletion of ResourcesIncreasing Awareness about SustainabilityFavorable Environmental Impact of Paper RecyclingCost Benefits Attached to Paper Recycling Restraints The High Cost of MachineryInefficient Waste Paper Collection and Segregation System Opportunities Emerging Business OpportunitiesFavorable Governmental Policies and InitiativesIncreased Consumer Preference towards Adoption of Eco-Friendly Packaging Solutions Challenges Increased Competition from International Players Key Topics Covered: 1 Report Description2 Research Methodology3 Executive Summary4 Market Overview4.1 Introduction 4.2 Market Dynamics4.3 Trends5 Market Analysis5.1 Porter’s Five Forces Analysis5.2 Impact of COVID-195.3 Ansoff Matrix Analysis6 Global Paper Recycling Market, By Source of Collection6.1 Industries6.2 Offices6.3 Households7 Global Paper Recycling Market, By Type7.1 Introduction7.2 Corrugated Cardboard 7.3 Newspapers 7.4 Magazines 7.5 Office Paper7.6 Mixed Paper 7.7 Others8 Global Paper Recycling Market, By Application 8.1 Introduction8.2 Newsprint Paper8.3 Cardboard8.4 Writing & Printing Paper8.5 Packaging Products8.6 Others 9 Global Paper Recycling Market, By Collection & Segregation Channel9.1 Kerb-side Pick-up9.2 Paper Bank Collection9.3 Municipal Solid Waste (MSW) Collection10 Global Paper Recycling Market, By End-Use10.1 Food & beverages10.2 Retail10.3 Electrical & Electronics10.4 Printing & Paper10.5 Building & Construction10.6 Others 11 Global Paper Recycling Market, By Geography11.1 Introduction11.2 North America11.3 South America11.4 Europe11.5 Asia-Pacific11.6 Rest of the World12 Competitive Landscape12.1 IGR Competitive Quadrant12.2 Market Share Analysis12.3 Competitive Scenario13 Company Profiles Republic ServicesSonoco RecyclingHanna Paper RecyclingWASCOPerlen PapierST Paper ResourcesCascades RecoveryGlobal Wastepaper RecyclersInternational PaperHeinzel GroupDS SmithVeolia EnvironmentRemondisKokusai Pulp & PaperHuanjia GroupShandong Century SunshineNorthern InternationalChina Recycling DevelopmentTianjin WuchanCarolina Fibre CorporationEvergreen Paper RecyclingEcogenAtlas Green RecyclingSunbright Paper RecyclingLovell Recycling LimitedRocky Mountain RecyclingHuhtamakiKrugerWeCycle Ltd For more information about this report visit https://www.researchandmarkets.com/r/io5g20 Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. 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