pulp mills market trends, pulp mills market forecast, pulp mills market analysis, pulp mills market growth, pulp mills market size.
What Are The Historic And Forecasted Market Sizes For Pulp Mills Market?
The pulp mills market size has shown a robust growth in recent past and reached $70.99 billion in 2024 and is forecasted to grow to $76.12 billion in 2025, a compound annual growth rate (CAGR) of 7.2%. Major drivers in this period have been the increasing demand for paper and pulp, growing forestry and timber industry, favourable global economic trends, requirements of the packaging industry, and regulatory compliance needs.
Projections for the next phase of the market life-cycle stipulate a reach to $97.84 billion in 2029 at a compound annual growth rate (CAGR) of 6.5%. This anticipated growth in the forecast period can be attributed to the evolving needs of the packaging industry, increase in sustainable pulp production, shift towards e-commerce, rise in demand for bio-based products, and the growing initiatives towards a circular economy.
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What are the Drivers Influencing the Pulp Mills Market Growth?
The shift of consumer inclination towards pulp-based products is expected to fuel the growth of the pulp mills market. The rise in such consumer behavior is due to factors like their sustainability, biodegradability, cost-effectiveness, and versatility. A significant shift is noted from plastic products towards pulp-based products owing to rising environmental consciousness and the need for sustainable products. For instance, as per the article ‘Issue with Tissue 2.0’, published by the Natural Resources Defense Council of the USA in June 2022, about 75% of products manufactured in the tissue industry are made of pulp and roughly 60% of consumers preferred tissues made from natural fiber. Such consumer preference is driving the growth of the pulp mills market indeed.
What are the Major Segments covered in the Pulp Mills Market Report?
1) By Source: Wood Pulp or Virgin Fiber Pulp, Non-Wood Pulp, Recycled Pulp or De Inked Pulp
2) By Grade: Mechanical, Chemical, Semi-Chemical
3) By End User: Packaging Manufacturers, Publishers And Stationery Manufacturers, Sanitary And Household Product Manufacturers
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Which Are The Major Players in The Pulp Mills Market?
Major market players include International Paper Company, Stora Enso Pulp AB, WestRock Company, Georgia-Pacific Pulp and Paper LLC, Nippon Paper Industries Co. Ltd., Oji Holdings Corporation, Sappi Global – South African Pulp and Paper Industries Limited, UPM-Kymmene Corporation, Sonoco Products Company among others. The global reach and R&D focus of these companies have them leading the innovation and expansion in the pulp mills market.
What are the Current Trends in the Pulp Mills Market?
The movement toward sustainability among packaging manufacturers is a key trend gaining popular traction in the pulp mills market. Companies are focusing on sustainable packaging in order to remain competitive in the market in view of emerging concerns on environment-friendly packaging. For instance, in September 2022, Stora Enso, a Finland-based manufacturer of pulp and other forest products, launched Papira, a lightweight foam made from pulp fibers and a recyclable substitute for packing foam made of fossil fuels, thus demonstrating the market commitment to sustainability.
Which Regional Markets Are Dominating the Pulp Mills Industry?
North-America was the largest region in the pulp mills market in 2024, however, the report offers coverage for all major geographical regions, such as Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, and Africa.
What Does The Pulp Mills Market Market Report 2025 Offer?
A pulp mill is a manufacturing facility that converts wood chips, fiber crops, or other raw materials into pulp, which serves as the raw element for making paper, tissue, and other paper products. The Pulp Mills Market research report from The Business Research Company provides vital information on global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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