Wood Pulp Market Size, Share, Industry & Opportunities 2031
Wood Pulp Market Size, Share, Industry & Opportunities 2031
Segments - Global Wood Pulp Market by Product Types (Soft Wood and Hard Wood), Grades (Semi-chemical Pulp, Non-wood Pulp, Chemical Pulp, and Mechanical Pulp), End-uses (Writing Paper, Printing Paper, Tissue Paper, and Others), and Regions (Asia Pacific, North America, Europe, Latin America, and Middle East & Africa) Global Industry Analysis, Growth, Share, Size, Trends, and Forecasts, 2023 - 2031
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| Report ID :MC-4023
| 4.8 Rating
| 79 Reviews
| 187 Pages
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Report Description
Global Wood Pulp Market Outlook 2031:
The global wood pulp market size was valued at USD 178.44 Billion in 2022 and is projected to reach USD 251.79 Billion by 2031, expanding at a CAGR of 3.9% during the forecast period 2023 - 2031. Wood pulp is processed into paper with the help of compounds such as caustic soda. Pulp is mainly used in the manufacture of newspapers, cheap paper molds, and hardboards.
Wood pulp is a fine pulp of wood fiber, which is dispersed in chemicals such as soda ash and bleach, and is widely used in the manufacture of hardboard, reduced paper, and newspaper. Pulp refers to wood that has been broken down into fine pulp for use in the production of newspapers, other reduced paper, and hardboard.
There are two techniques for making wood products: synthetic pulping and mechanical pulping. Wood chips are cooked by causing a chemical reaction mainly in a cooking utensil such as a pressure cooker.
Global Wood Pulp Market Trends, Drivers, Restraints, and Opportunities:
- Increasing global demand for wood pulp, mainly due to the consumption of tissue paper used in kitchens, toilets, and homes, is expected to drive the market over the forecast period.
- Ban on plastic and implementation of government regulations in various areas created windows of opportunity for pulp market participants in various industrial sectors.
- Implementation of strict environmental regulations on deforestation is expected to adversely affect the growth of the wood pulp market in the coming years.
- Cotton pulp is also found in the growth markets of various industries, which are the main trends of growth markets.
Scope of the Global Wood Pulp Market report:
The report on wood pulp market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.
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Attributes |
Details |
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Report Title |
Wood Pulp Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2022 |
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Historic Data |
2016-2021 |
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Forecast Period |
2023–2031 |
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Segmentation |
Product Types (Soft Wood and Hard Wood), Grades (Semi-Chemical Pulp, Non-Wood Pulp, Chemical Pulp, and Mechanical Pulp), End-uses (Writing Paper, Printing Paper, Tissue Paper, and Others). |
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Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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Key Players Covered in the Report |
Nippon Paper; Sappi; International Paper; Metsä Group; Sonoco Products; WestRock; Oji Holdings Corporation; Stora Enso; Svenska Cellulosa Aktiebolaget, and UPM-Kymmene Corporation. |
Global Wood Pulp Market Segment Insights:
Hard wood segment is projected to hold significant market share
Based on product types, the global wood pulp market is categorized into soft wood and hard wood. The hard wood segment held a considerable share of the market in 2020.
Hardwood pulp fibers are generally 0.81.1 mm in length. Hardwood pulp should be exposed to lower specific striking pressures and increased concentrations of striking pulp in order to improve the degree of striking while avoiding cut fibers.
Non-wood segment held substantial market share in 2020
On the basis of grades, the wood pulp market is segmented into semi-chemical pulp, non-wood pulp, chemical pulp, and mechanical pulp. The non-wood segment held a considerable share of the market in 2020.
The global wood pulp market is projected to be driven by increased global absorption of tissue paper used primarily in kitchens, toilet facilities, and homes. The use of paper handkerchiefs is also increasing rapidly in the catering and hotel industries.
Tissue paper segment to grow during the forecast period
Based on end-uses, the market is segregated into writing paper, printing paper, tissue paper, and others. The tissue paper segment is expected to hold a significant share of the market during the forecast period.
Increased global supply of gift-wrapping paper used primarily in restaurants, bathroom facilities, and homes is expected to drive the market during the forecast period.
North America to dominates the global market
In terms of regions, the wood pulp market is split into North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa. North America constituted a significant share of the market in 2020.
Canada is expected to be a key wood pulp supplier in the forecast period, due to the prevalence of coniferous forests in the country that supply products to paper industries. Canada has 10% of the global forests and has one of the world's largest paper and pulp markets. The country produces large quantities of goods that meet both international and domestic demand.
Segments
The global wood pulp market has been categorized on the basis of
Product Types
- Soft wood
- Hard wood
Grades
- Semi-chemical Pulp
- Non-wood Pulp
- Chemical Pulp
- Mechanical Pulp
End-uses
- Writing Paper
- Printing Paper
- Tissue Paper
- Others
Regions
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Key players
Competitive Landscape
Key players in the global wood pulp market include Nippon Paper; Sappi; International Paper; Metsä Group; Sonoco Products; WestRock; Oji Holdings Corporation; Stora Enso; Svenska Cellulosa Aktiebolaget; and UPM-Kymmene Corporation. These players are engaged in mergers, acquisitions, collaborations, agreements, and partnerships to strengthen their geographic presence.
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. Wood Pulp Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Wood Pulp Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Wood Pulp Market - Supply Chain
4.5. Global Wood Pulp Market Forecast
4.5.1. Wood Pulp Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Wood Pulp Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Wood Pulp Market Absolute $ Opportunity
5. Global Wood Pulp Market Analysis and Forecast by Region
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Region
5.2.2. Y-o-Y Growth Projections by Region
5.3. Wood Pulp Market Size and Volume Forecast by Region
5.3.1. North America
5.3.2. Latin America
5.3.3. Europe
5.3.4. Asia Pacific
5.3.5. Middle East and Africa (MEA)
5.4. Absolute $ Opportunity Assessment by Region
5.5. Market Attractiveness/Growth Potential Analysis by Region
5.6. Global Wood Pulp Demand Share Forecast, 2019-2026
6. North America Wood Pulp Market Analysis and Forecast
6.1. Introduction
6.1.1. Basis Point Share (BPS) Analysis by Country
6.1.2. Y-o-Y Growth Projections by Country
6.2. North America Wood Pulp Market Size and Volume Forecast by Country
6.2.1. U.S.
6.2.2. Canada
6.3. Absolute $ Opportunity Assessment by Country
6.4. Market Attractiveness/Growth Potential Analysis
6.4.1. By Country
6.4.2. By Product Type
6.4.3. By Application
6.5. North America Wood Pulp Demand Share Forecast, 2019-2026
7. Latin America Wood Pulp Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.1.3. Latin America Average Pricing Analysis
7.2. Latin America Wood Pulp Market Size and Volume Forecast by Country
7.2.1. Brazil
7.2.2. Mexico
7.2.3. Rest of Latin America
7.3. Absolute $ Opportunity Assessment by Country
7.4. Market Attractiveness/Growth Potential Analysis
7.4.1. By Country
7.4.2. By Product Type
7.4.3. By Application
7.5. Latin America Wood Pulp Demand Share Forecast, 2019-2026
8. Europe Wood Pulp Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Europe Average Pricing Analysis
8.2. Europe Wood Pulp Market Size and Volume Forecast by Country
8.2.1. Germany
8.2.2. France
8.2.3. Italy
8.2.4. U.K.
8.2.5. Spain
8.2.6. Russia
8.2.7. Rest of Europe
8.3. Absolute $ Opportunity Assessment by Country
8.4. Market Attractiveness/Growth Potential Analysis
8.4.1. By Country
8.4.2. By Product Type
8.4.3. By Application
8.5. Europe Wood Pulp Demand Share Forecast, 2019-2026
9. Asia Pacific Wood Pulp Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Asia Pacific Average Pricing Analysis
9.2. Asia Pacific Wood Pulp Market Size and Volume Forecast by Country
9.2.1. China
9.2.2. Japan
9.2.3. South Korea
9.2.4. India
9.2.5. Australia
9.2.6. Rest of Asia Pacific (APAC)
9.3. Absolute $ Opportunity Assessment by Country
9.4. Market Attractiveness/Growth Potential Analysis
9.4.1. By Country
9.4.2. By Product Type
9.4.3. By Application
9.5. Asia Pacific Wood Pulp Demand Share Forecast, 2019-2026
10. Middle East & Africa Wood Pulp Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Middle East & Africa Average Pricing Analysis
10.2. Middle East & Africa Wood Pulp Market Size and Volume Forecast by Country
10.2.1. Saudi Arabia
10.2.2. South Africa
10.2.3. UAE
10.2.4. Rest of Middle East & Africa (MEA)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Market Attractiveness/Growth Potential Analysis
10.4.1. By Country
10.4.2. By Product Type
10.4.3. By Application
10.5. Middle East & Africa Wood Pulp Demand Share Forecast, 2019-2026
11. Competition Landscape
11.1. Global Wood Pulp Market: Market Share Analysis
11.2. Wood Pulp Distributors and Customers
11.3. Wood Pulp Market: Competitive Dashboard
11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
11.4.1. Nippon Paper
11.4.2. Sappi
11.4.3. International Paper
11.4.4. Metsä Group
11.4.5. Sonoco Products
11.4.6. WestRock
11.4.7. UPM-Kymmene Corporation
11.4.8. Oji Holdings Corporation
Methodology
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