Global Waste Paper Management Market, By Paper Grade (Old Corrugated Containers (OCC), Mixed Paper, Old Newspaper (ONP), High-Grade De-Inked Paper, Pulp Substitutes), Type (Reduce, Replace, Reuse, Recycle, Recover, Others), Source (Commercial and Institutional, Industrial, Residential), Recycled Product (Containerboard, Other Paper and Paperboard, Newsprint, Tissue, Pulp Substitute), Service (Collection and Transportation, Storage, Sorting, Compactors, Shredders, Recycling, Pulper, De-Inking Machine, Incineration, Scrubbers, Precipitators, Combustors, Disposal, Drier, Mixers, Forming Machine, Air Heater, Pressing Machine, Sheet Cutter)– Industry Trends and Forecast to 2029.
Market Analysis and Size
Within the past few years, the growing concerns over global warming, extreme weather changes, and rising population levels worldwide are pushing organizations to implement go green initiatives, which generally rely on environmentally friendly practices that are both efficient and cost-effective. These steps for saving the environment are estimated to boost demand for recycled paper further amplifying the growth of the waste paper management market. The market is estimated to show lucrative growth within forecasted period and will continue the same pace of growth in the long run.
- Global waste paper management market was valued at USD 42.93 billion in 2021 and is expected to reach USD 55.69 billion by 2029, registering a CAGR of 3.20% during the forecast period of 2022-2029. “Old corrugated containers " accounts for the largest paper grade segment in the waste paper management market.
Market Definition
The recycling waste paper involves combining used paper with water and chemicals. This mixture is then cut and heated to separate into pulp or slurry, which is made up of cellulose strands. It is then stretched through screens to remove any remaining glue or plastic from the blend. Purified, de-inked, bleached, and mixed with water are converted into new recycled paper.
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2019 - 2014)
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Quantitative Units
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USD 55.69 billion by 2029, registering a CAGR of 3.20%
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Segments Covered
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By Paper Grade (Old Corrugated Containers (OCC), Mixed Paper, Old Newspaper (ONP), High-Grade De-Inked Paper, Pulp Substitutes), Type (Reduce, Replace, Reuse, Recycle, Recover, Others), Source (Commercial and Institutional, Industrial, Residential), Recycled Product (Containerboard, Other Paper and Paperboard, Newsprint, Tissue, Pulp Substitute), Service (Collection and Transportation, Storage, Sorting, Compactors, Shredders, Recycling, Pulper, De-Inking Machine, Incineration, Scrubbers, Precipitators, Combustors, Disposal, Drier, Mixers, Forming Machine, Air Heater, Pressing Machine, Sheet Cutter)
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Countries Covered
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U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa
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Market Players Covered
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Reliable Paper Recycling (U.S), Veolia (France), Hills Group (U.K), International Paper (U.S.), Mondi (U.K), Sappi (South Africa), WM Intellectual Property Holdings, L.L.C. (U.S.), Macpresse Europa (Italy), Cascades Recovery (Canada), Republic Services, Inc. (U.S), UPM (Finland), DS Smith (U.K), Georgia-Pacific (U.S), ECO WASTE SOLUTIONS (Canada), and WestRock Company (U.S.)
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Waste Paper Management Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
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Increased Benefits of Recycling
The various advantages of waste paper recycling such as saving energy, water, and landfill space, which in turn is projected to accelerate the growth of the market. Moreover, its environmental advantages also consist of other factors. It reduces greenhouse gas emissions, and recycled fiber is a sustainable, cost-saving resource for making new paper products, which further boosts the market's overall growth.
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Stringent Environmental Laws And Regulations
There are strict laws and policies enforced by governments to manage waste paper to reduce the rate of deforestation worldwide. The enforcement of stringent environmental laws and regulations regarding various environmental concerns is estimated to drive the growth of the market within the forecasted period.
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Growing Awareness Levels and Technology
Furthermore, rapid advancement in the automotive industry are other market growth determinants. Surging awareness about waste management has increased significantly with the progress in consumer education, increased awareness about health and environment and growing technological advancements in the packaging equipment and technology generate lucrative opportunities to the market players in the forecast period of 2022 to 2029.
Changing consumer lifestyles, increasing urbanization, growing population, and increasing income levels will cushion the market's growth. Additionally, new technologies have been developed globally, which help in bringing down the amount of waste, which will further expand the future growth of the waste paper management market.
Restraints/Challenges
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Scarcity Of The Channel
The scarcity of the channel for collecting waste paper will create hindrances for the growth of the waste paper management market.
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Rising Concerns Regarding Environment
The dearth of awareness in underdeveloped regions will prove to be a setback in the demand of the waste paper management solutions, which challenge the waste paper management market.
This waste paper management market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the waste paper management market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Post COVID-19 Impact on Waste Paper Management Market
COVID-19 has critically impacted the waste paper management market. This can be attributed to significant disruptions in their respective manufacturing and supply-chain operations as a result of various precautionary lockdowns and other restrictions imposed by governments all over the world. Moreover, consumer demand has also subsequently reduced as individuals are now keener on eliminating non-essential expenses from their respective budgets as the general economic status of most individuals have been severely affected by this outbreak. As a result, the materials and packaging industry had to bear financial losses, negatively impacting the waste paper management market.
On the brighter side, as respective governing authorities begin to lift these enforced lockdowns, the global waste paper management market is expected to recover accordingly. The market will recover its growth and is estimated to grow significantly within the post COVID period as the manufacturers are focusing on developments and advancements within the market.
Recent Development
- In October 2020, Willimantic Waste Paper Co., Inc. ("Willimantic") was acquired by Casella Waste Systems, Inc. (NASDAQ: CWST), a regional vertically integrated solid waste, recycling, and resource management services company. Ambrosia is a closed-loop manufacturer that creates circular products and commodities from food waste. RTS's "commitment to sustainable waste management solutions" was accelerated as a result of the agreement. Since its inception in 2015, the company has made three acquisitions.
Global Waste Paper Management Market Scope
The waste paper management market is segmented on the basis of paper grade, type, source, recycled product and service. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Paper Grade
- Old Corrugated Containers (OCC)
- Mixed Paper
- Old Newspaper (ONP)
- High-Grade De-Inked Paper
- Pulp Substitutes
On the basis of Paper Grade, the waste paper management market has been segmented into old corrugated containers (OCC), mixed paper, old newspaper (ONP), high-grade de-inked paper and pulp substitutes. Old corrugated containers is estimated to hold the largest share of the global waste paper management market.
Type
- Reduce
- Replace
- Reuse
- Recycle
- Recover
- Others
On the basis of type, the waste paper management market has been segmented into reduce, replace, reuse, recycle, recover and others.
Source
- Commercial and Institutional
- Industrial
- Residential
On the basis of source, the waste paper management market has been segmented into commercial and institutional, industrial and residential.
Recycled Product
- Containerboard
- Other Paper and Paperboard
- Newsprint
- Tissue
- Pulp Substitute
The waste paper management market has also been segmented on the basis of recycled product into containerboard, other paper and paperboard, newsprint, tissue and pulp substitute.
Service
- Collection and Transportation
- Storage
- Sorting
- Compactors
- Shredders
- Recycling
- Pulper
- De-Inking Machine
- Incineration, Scrubbers
- Precipitators
- Combustors
- Disposal
- Drier
- Mixers
- Forming Machine
- Air Heater
- Pressing Machine
- Sheet Cutter
On the basis of service, the waste paper management market is segmented into collection and transportation, storage, sorting, compactors, shredders, recycling, pulper, de-inking machine, incineration, scrubbers, precipitators, combustors, disposal, drier, mixers, forming machine, air heater, pressing machine and sheet cutter.
Waste Paper Management Market Regional Analysis/Insights
The waste paper management market is analysed and market size insights and trends are provided by country, paper grade, type, source, recycled product and service as referenced above.
The countries covered in the waste paper management market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the waste paper management market because of India and China's large market share and the accelerated industrialization and urbanization in the province, which is anticipated to accelerate market growth in the region.
On the other hand, Europe is estimated to register increased adoption of advanced technologies and prevalence of various manufacturers in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Waste Paper Management Market Share Analysis
The waste paper management market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to waste paper management market.
Some of the major players operating in the waste paper management market are Reliable Paper Recycling (U.S), Veolia (France), Hills Group (U.K), International Paper (U.S.), Mondi (U.K), Sappi (South Africa), WM Intellectual Property Holdings, L.L.C. (U.S.), Macpresse Europa (Italy), Cascades Recovery (Canada), Republic Services, Inc. (U.S), UPM (Finland), DS Smith (U.K), Georgia-Pacific (U.S), ECO WASTE SOLUTIONS (Canada), and WestRock Company (U.S.) among others.
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