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Wood Pulp Market - Growth, Trends, and Forecast (2022 - 2030)
SKU ID : INH-14244301 | Publishing Date : 01-Apr-2019 | No. of pages : 82
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Market Overview
- The wood pulp market is expected to witness a CAGR of 2.1% during the forecast period (2019– 2024).
- The drivers identified in the market are increasing demand for wood pulp from the paper industry, rising consumer demand for tissue paper products, and growth in the trade of wood pulp products.
- The restraints identified in the market are stringent environmental regulations, with respect to deforestation, and increasing energy and transportation costs.
Scope of the Report
Wood pulp is processed into a paper with the help of chemical compounds, such as caustic soda. Wood pulp is essentially used for the production of newsprint, cheap forms of paper, and hardboard. The report defines the market, in terms of end users, who procure wood pulp for various applications. The end users include institutional buyers who engage in the production of paper products. The market is segmented on the basis of geography.
Key Market Trends
Rising Consumer Demand for Tissue Paper Products is Driving the Market
The rising global demand, along with consumption, for tissue paper, which is essentially used in kitchen, toilets, and household, is expected to drive the market’s growth over the forecast period. The United States is the largest consumer of tissue paper in the world, on average, 25 kg of tissue is consumed per person annually. About 37% of this consumption occurs via kitchen towels. Canada has 24% of the world’s boreal forests, and is one of the world’s largest pulp and paper market. The country produces considerable amount of raw material, satisfying the demand at both domestic and international levels.
Canada is the Largest Producer
Canada is the largest producer of wood pulp, globally, due to the presence of coniferous forest, which provides raw material for the paper industry. Few Canadian paper mills faced challenges, due to the rising production costs and increasing competition from the pulp and paper producers of the southern United States and Scandinavia, which resulted in conversions and closure of pulp and paper mills.
Reasons to Purchase this report:
- The market estimate (ME) sheet in Excel format
- Report customization as per the client's requirements
- 3 months of analyst support
- The wood pulp market is expected to witness a CAGR of 2.1% during the forecast period (2019– 2024).
- The drivers identified in the market are increasing demand for wood pulp from the paper industry, rising consumer demand for tissue paper products, and growth in the trade of wood pulp products.
- The restraints identified in the market are stringent environmental regulations, with respect to deforestation, and increasing energy and transportation costs.
Scope of the Report
Wood pulp is processed into a paper with the help of chemical compounds, such as caustic soda. Wood pulp is essentially used for the production of newsprint, cheap forms of paper, and hardboard. The report defines the market, in terms of end users, who procure wood pulp for various applications. The end users include institutional buyers who engage in the production of paper products. The market is segmented on the basis of geography.
Key Market Trends
Rising Consumer Demand for Tissue Paper Products is Driving the Market
The rising global demand, along with consumption, for tissue paper, which is essentially used in kitchen, toilets, and household, is expected to drive the market’s growth over the forecast period. The United States is the largest consumer of tissue paper in the world, on average, 25 kg of tissue is consumed per person annually. About 37% of this consumption occurs via kitchen towels. Canada has 24% of the world’s boreal forests, and is one of the world’s largest pulp and paper market. The country produces considerable amount of raw material, satisfying the demand at both domestic and international levels.
Canada is the Largest Producer
Canada is the largest producer of wood pulp, globally, due to the presence of coniferous forest, which provides raw material for the paper industry. Few Canadian paper mills faced challenges, due to the rising production costs and increasing competition from the pulp and paper producers of the southern United States and Scandinavia, which resulted in conversions and closure of pulp and paper mills.
Reasons to Purchase this report:
- The market estimate (ME) sheet in Excel format
- Report customization as per the client's requirements
- 3 months of analyst support
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
