According to a recent market study published by Growth Market Reports titled, “North America and Europe Pulpwood Market by Types and Regions: Size, Share, Trends, and Opportunity Analysis, 2020-2027”, the market was valued at USD 14,624.2 Million in 2019 and is anticipated to expand at a CAGR of 1.5% between 2020 and 2027. In terms of volume, the North America and Europe pulpwood market is anticipated to expand at a CAGR of 1.3% during the forecast period. The North America and Europe pulpwood market is anticipated to grow due to by increasing demand for paper-based material, rising number of paper manufacturers and pulpwood plantations, growing demand for paper packaging, and rising demand for forest products.

The North America and Europe pulpwood market is fragmented based on types and regions. In terms of types, the market is divided into softwood, hardwood, and tall oil. The hardwood and softwood segment is further segmented into chips and logs. Based on regions, the North America and Europe pulpwood market is segmented into North America and Europe. North America is bifurcated into the US and Canada. The Europe region is categorized as Germany, France, Italy, the UK, Spain, Russia, and Rest of Europe.

Request a free sample copy: https://growthmarketreports.com/request-sample/359

Trees, which are grown for harvesting timber, are further used as pulpwood to produce paper products. Different types of trees are used in the formation of wood products. These trees are harvested in their young stage. Additionally, pulpwood is used in several types of wood products, which have applications in inexpensive furniture, clothing, and cosmetics. Some manufacturers intentionally use an area of trees for pulpwood, while others harvest the trees for producing wood products. For instance, salvaged trees after a natural disaster are used for harvesting pulpwood. Trees, which are suitable for harvesting timber in a mixed logging operation, are first cut.

The inferior trees are harvested for use in pulpwood production. Additionally, sizable limbs and dead trees are used in the production of pulpwood for various purposes. The main purpose of harvesting pulpwood is the manufacture of paper products such as writing paper and computer and copy paper. Trees of any size are used for pulpwood; however, trees from 5 to 9 inches D.B.H. (diameter at breast height) are generally used. Pulpwood is usually measured in tons or cords. Types of pulpwood include softwood, hardwood, and tall oil. Softwood and hardwood are available as chips and logs.

As per Growth Market Reports industry analyst Vidya Jadhav, “The North America and Europe pulpwood market is anticipated to grow at a substantial pace during forecast period, from 2020 to 2027, due to increasing demand for paper-based material, rising number of paper manufacturers and pulpwood plantations, growing demand for paper packaging, and rising demand for forest products. Also, improved lifestyle and government initiatives to replace plastic with paper is expected to create potential demand during the forecast period.”
 

Key Takeaways from the Study

  • In terms of types, the softwood segment is expected to account for a key share of the market, owing to the rising demand for paper-based packaging and softwood, which is mainly used for paper production. The hardwood segment is anticipated to expand at a substantial CAGR during the forecast period, owing to rapidly increasing demand for paperboards and writing paper.
  • On the basis of regions, the pulpwood market is segregated into North America and Europe. The market in North America is projected to hold a key share of the pulpwood market, owing to rising government initiatives to replace plastic with paper. Growing demand for green packaging or eco-friendly packaging solutions and rising use of pulpwood in packaging solutions are projected to drive the demand for pulpwood in Europe.

Report Scope

Report Metric

Details

Market Value in 2019

USD 14,624.2 Million

Market Growth Rate (from 2020 to 2027)

1.5%

Historical Data

2017 & 2018

Base Year

2019

Forecast Period

2020 - 2027

Units Considered

Value (USD Million) and Volume (Thousand M3)

Market Segments

Types, Countries

Regional Scope

North America and Europe

Country Scope

The US, Canada, Germany, France, Italy, the UK, Spain, Russia, and Rest of Europe.

Key Companies Profiled

Boise Cascade Company, Canfor Corporation, Danzer Holding AG, Hampton Lumber, Interfor Corporation, Roseburg Forest Products, Stora Enso Oyj, Tolko Industries Ltd., UAB SASUPRA, West Fraser Timber Co. Ltd., and Weyerhaeuser Company.

Customization Scope

Report customization available on request

Pricing and Purchase Options

Avail tailor-made purchase options to meet your research requirements

Target Audience

  • Supply-side: Pulpwood manufacturers, raw material suppliers, primary respondents, and distributors
  • Demand Side: Absorbent pulp, paper, fiberboard, cardboard, and other fiber-based products.
  • Regulatory Side: Concerned government authorities, commercial research & development (R&D) institutions, and other regulatory bodies.
  • Associations and Industry Bodies: APA-The Engineered Wood Association, United Nations Economic Commission for Europe, Employment and Social Development Canada, and European Commission.