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Global Recovered Paper Market is Expected to Grow at a CAGR of 2.5 % in the Forecast Period of 2022-2027.

According to a new report by EMR titled, ‘Global Recovered Paper Market Report and Forecast 2022-2027’, the global recovered paper market reached a volume of around 257.3 million metric tons in 2020. It is further expected to grow at a CAGR of 2.5% between 2022 and 2027 to reach a volume of 298.4 million metric tons by 2026.

The global recovered paper market is being dominated by the Asia Pacific region, with China and India being the major markets. The United States and Europe are the leading exporters of the product. Due to a shortage in imports of paper, the rates of paper recycling are expected to rise. The Asia Pacific region and Europe have the largest consumer markets for recycled paper due to the healthy container board production within the regions. About 95% of the container boards produced in the Asia Pacific region are made from RCP, whereas 82% of the container boards are made using RCP in Europe. For boxboard, more than 65% of the recycling process takes place in the Asia Pacific region. With the existence of a healthy market base and demand in the Asia Pacific, major players in the market like Waste Management, Inc. (NYSE: WM) have invested heavily into this region.

The recovered paper market is an important market as these can be helpful in treating oil spills in oceans and rivers. It is helpful in saving the lives of marine animals through the conversion of green cellulose aerogels. These aerogels help in absorbing oil up to 90% due to their dry weight and also help in recovering entire content of the crude oil.

Market Breakup by Application and Region:

  • Recovered paper finds its applications in container board, other paper and board, newsprint, tissue, and printing and writing.
  • The major regional markets of recovered paper include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

  • The increasing application of recycled paper in container board production is driving the market growth, especially in Europe and the Asia Pacific.
  • The market is also expected to be supported by developing nations like the Asia Pacific and Latin America, where the tissue share is likely to grow more.
  • The industry is being propelled forward by the growing industrial production of the product.
  • The recovered paper market is also expected to be aided by the rising environmental concern among consumers.

Key Offerings of the Report:

  • The EMR report gives an overview of the global recovered paper market for the periods (2017-2021) and (2022-2027).
  • The historical (2017-2021) and forecast (2022-2027) analysis for the end-uses and regions have also been provided in the report issued by EMR.
  • It provides an assessment of the market based on the Porter’s Five Forces model, along with SWOT and value chain analysis.
  • It also gives the regional price and trade data analysis of recovered paper in the global market. 

The major players included in the global recovered paper market are Waste Management, Inc. (NYSE: WM), Smurfit Kappa Group, DS Smith Plc, Republic Services, Inc., Cascades Inc., and SUEZ, among others. This comprehensive report by EMR covers the market share, capacity, and latest developments like mergers, acquisitions, plant turnarounds, and capacity expansions of the major players.

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Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

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