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.
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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.
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.
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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.
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