PULP AND PAPER MANUFACTURING INDUSTRY:

One of the world’s largest industries is the pulp and paper industry. It’s expected to stay the same. Cardboard and packaging paper will continue to be in high demand around the world. Packaging, tissue papers, and pulp for hygiene products are all expanding in popularity around the world. The industry’s current main strength is the growing need for packaging products. The need for cardboard and other packing materials continues to rise as more people around the world resort to online shopping or ecommerce. Demand for hygienic items such as paper towels, toilet paper, and disposable makeup wipes, as well as growing economic participation of the global middle class, are other reasons driving the pulp and paper industry’s success.

PAPER CONVERTING INDUSTRY:

The global market for converting paper is expected to grow at a rate of 2.2 percent each year. The increasing use of converting paper in many end-use sectors such as packaging, good service, packing and wrapping, printing, and others is driving market expansion. Due to rising demand for industrial packaging, Asia Pacific is predicted to have the greatest market share among regions. Furthermore, the usage of paper conversions in a variety of products such as sanitary sheets, boxes, bags, and wall paper, among others, is predicted to drive the region’s worldwide converting paper market. The process of turning paper into another product is referred to as paper converting. Converting paper is used for a variety of purposes, including hygiene paper, writing paper, newsprint, and printing paper. The global converting paper market is predicted to increase due to rising demand for converting paper from various applications. Chemical wood pulp is a form of pulp obtained through the Kraft pulping process, and it is the most prevalent procedure for treating wood with various chemical solutions. Chemical wood pulp produces colourless paper, and the products are highly durable. Chemical pulps are commonly used in the production of writing and printing sheets, paper bags, shipping containers, and a variety of other paper products that require strength.

WASTE PAPER RECYCLING:

Due to growing concerns about dwindling natural resources, the paper recycling market has seen tremendous expansion in recent years. In developing countries, demand for recycled paper is growing at a rate of more than 7-8 percent per year. Local paper recyclers are primarily concerned with establishing suitable collection and segregation methods to make waste paper collection easier. The increase in local production of recovered paper in the country could change this scenario.

INDIA MARKET OUTLOOK:

The Indian paper and paper products industry is expected to develop at a 7.8% compound annual growth rate (CAGR). The printing industry in India is expanding at a rate of 12% per year. India’s share of global paper demand is increasing, as domestic demand continues to rise, while demand in Western countries declines.  The demand for upstream paper products such as tissue paper, filter paper, tea bags, light weight online coated paper, and medical grade coated paper is expected to drive the paper & paper products market in India in the coming years, as is the demand for better quality packaging of FMCG products marketed through organised retail. Ballarpur Industries Limited (BILT) and ITC are two of the country’s leading paper makers.

GLOBAL MARKET OUTLOOK:

The growing use of e-commerce platforms by teenagers to buy cosmetics, groceries, and food products is predicted to boost the global pulp and paper market. It is primarily due to the increased use of cellphones and the internet around the world. Pulp and paper are often regarded as the most recyclable and environmentally friendly packaging materials. Environmental concerns are on the rise these days, prompting manufacturers to turn to more environmentally friendly paper packaging alternatives. As a result, leading FMCG, cosmetics, and food companies are teaming up with paper and pulp manufacturers to create innovative paper packaging solutions. Aside from that, the COVID-19 pandemic has increased demand for tissue sheets, particularly from hospitals. In the near future, these factors will help to the growth of the pulp and paper market. However, because the paper industry uses a lot of wood, the rate of water scarcity and deforestation is increasing every day. It has the potential to stifle market expansion. The market is divided into newspaper, hygienic, printing & writing, wrapping & packaging, and other categories. Wrapping and packaging accounted for 52.9 percent of the pulp and paper market share, and it is expected to continue to dominate in the coming years. This increase can be attributed to the increased use of paper-based packaging products. In addition, as the retail industry and e-commerce grow in popularity, so does the demand for wrapping and packing paper.

TOP PLAYERS WORLDWIDE:

• International Paper
• Nippon Unipac Holding
• Kimberly-Clark
• The South India Paper Mills Ltd
• Svenska Cellulosa Aktiebolaget (SCA)
• Stora Enso
• Seshasayee Paper & Boards Ltd
• UPM
• Oji Paper
• Orient Paper & Industries Ltd
• Finch Paper LLC
• Burgo Group SPA
• Alberta Newsprint Company Ltd.
• Rolland Enterprises Inc.
• H. Glatfelter Co.