Press release
Recycled Paper Market Future Scenario, Key Insights, Top Companies 2028
The global Recycled Paper Market is expected to grow from US$ 32,558.44 million in 2021 to US$ 42,395.79 billion by 2028; it is estimated to grow at a CAGR of 3.8% from 2021 to 2028.Stringent governmental regulations for waste management and the favorable environmental impact of recycled paper are the key factors driving the recycled paper market. The recycling of paper is known to conserve natural resources, thus, reducing greenhouse emissions, saving energy, and keeping the landfill space free for other types of trash.
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Analysis of the Top Market Players:
1. Cascades Recovery+
2. Global Waste Recyclers Ltd
3. Hanna Paper
4. Heinzel Holding GmbH
5. Republic Services, Inc.
6. International Paper
7. Perlen Papier AG
8. Sonoco Products Company
9. ST PAPER RESOURCES PTE LTD
10. WASCO
In this report, the market has been segmented on the basis of:
Type (Pre-Consumer Waste and Post-Consumer Waste)
Application (Writing and Printing Paper, Containerboard, Newsprint Paper, Tissue, and Others)
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Based on type insight, the recycled paper market is segmented into pre-consumer waste and post-consumer waste. The pre-consumer waste segment accounted for a larger market share in 2020. The reclamation of waste materials created during the manufacturing or distribution of products before their delivery is augmenting the growth of the pre-consumer waste segment. Based on application insight, the recycled paper market is segmented into writing and printing paper, containerboard, newsprint paper, tissue, and others. The containerboard segment is anticipated to grow due to the highest production, with more than 100 million tons produced each year. The growth of the writing and printing paper segment is attributed to wide application across offices, homes, schools, and government agencies.
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