Global Recovered Paper Market Report and Forecast 2024-2032

Global Recovered Paper Market Outlook

The global recovered paper market reached a volume of almost 277.08 million metric tons in 2023. The market is further expected to grow at a CAGR of 2.5% between 2024 and 2032.

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Growing Recycling of Paper Augmenting the Market for Recycled Paper

The global recovered paper market is being led by the Asia Pacific, which is dominated by China and India. The United States and Europe are the leading exporters of recovered paper. However, import restrictions in China might hamper the export growth in the United States and Europe. The domestic recycling rate is projected to rise in China due to regulations pertaining to sustainability, which might offset the expected shortage of imports in the coming years.

The paper is made soft by the addition of inorganic fibres, such as kaolin, talcum, and calcium carbonate, among others, which also reduces the amount of reusable paper while recycling and is converted to ash. The price is reduced if the ash content is high in the scrap. The pre-consumer paper is sold at a higher price than the post-consumer paper. Freight rates also play an essential role in affecting and defining the final prices of the product in the market. An increase in the trading frequency between two ports affects negatively on the freight rates. Fluctuations in the prices of the wastepaper are also caused by the fluctuations in the currency.

Rising Utilisation of Recovered Paper in Major End-Use Industries Fuelling the Market

With the growing concerns regarding the unavailability or scarcity issues of raw materials of paper, the utilisation of recovered paper in various end-use industries is increasingly being encouraged. The surging attempts to reduce manufacturing costs of paper are also leading to a surge in the manufacturing of recovered paper by the leading companies, hence bolstering the market growth. The recovered paper market is also being aided by the growing trend of sustainability. In addition, the increasing development of waste paper collection and segregation channels in emerging economies like India and China, among others, is anticipated to propel the market. As innovative state-of-the-art paper treatment technologies are deployed by the leading companies, recovered paper with enhanced quality is expected to be produced, which is likely to provide impetus to the market growth in the forecast period.

Market Segmentation

Recovered paper refers to recycled wastepaper, which has been collected from various sources like a paper mill. It is segmented on the basis of its applications into:

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• Containerboard
• Other Paper and Board
• Newsprint
• Tissue
• Printing and Writing

The report also covers the regional markets of the product like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

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Growing Utilisation of Recycled Paper for the Production of Container Board to Aid the Market

In Europe and the Asia Pacific, the rise in the usage of recycled paper for containerboard production is driving the market. The boxboard is significantly recycled in the Asia Pacific and Europe. In developing economies such as the Asia Pacific and Latin America, the demand for tissues is anticipated to increase, further enhancing the market growth. The growing demand from China is primarily driving the global recovered paper market.

As a consequence of the increase in the industrial production, the demand for containerboards is likely to increase, which is expected to boost the demand for OCC. The demand for OCC is also anticipated to be enhanced by the rise in the paper and board production. The expected strong growth from China and other regions like India and Los Angeles is likely to increase the demand for OCC in the forecast period, thus, supporting the growth of the recovered paper market.

The growing concern for the environment is expected to propel the market for the global recovered paper. For every ton of recycled paper, CO2 emission is reduced by 21%, water consumption is reduced by 7,000 gallons, energy by 4,000 kilowatts, oil by 380, and 3.3 cubic yards of landfill space is reduced. The paper fibre is an essential raw material for paper producers as it can be recycled by as many as seven times.

The market for oil spills is being driven forward by the rising frequency of oil spills. Recovered paper can be used to treat oil spills in the rivers and oceans, saving precious marine lives, by converting into green cellulose aerogels that can be flexible, non-toxic, strong, ultra-light, and water repellent. They can absorb oil up to 90% of their dry weight and help recover over 99% of the crude oil absorbed. The rising demand for recycled products is also propelling the recovered paper market as several creators are increasingly conceptualising everyday products made from recovered paper. Recovered paper can be made into furniture, with superior printing surface and saving costs by new fluting design. They can save up to 50% of energy, reduce CO2 impact considerably, and reduce significant material consumption, equivalent to 46,000 tons per year. Recovered papers can also be converted to cloth hangers, conceptualised by the graphic designer Jayvn Solomon. His design will enable the transformation of the recycled paper bag into a coat hanger, which aligns with the sustainable fashion collection, featuring mainly eco-friendly fabrics. The recovered paper has also been made into pencils, by the award-winning Chinese designers who have developed a machine which converts waste paper into pencils. Once a paper is fed to the machine, it wraps itself tightly around a graphite stick, adding sufficient glue to hold the paper together.

Key Players in the Global Market for Recovered Paper

The report gives a detailed analysis of the following key players in the global recovered paper market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

• Waste Management, Inc. 
• Smurfit Kappa Group
• DS Smith Plc
• Republic Services, Inc.
• Cascades Inc.
• SUEZ
• Others

The comprehensive EMR report provides an in-depth assessment of the market based on Porter's five forces model, along with giving a SWOT analysis.

Key Highlights of the Report