The production and consumption of recycled paper, which is created from used paper that has been gathered, processed, and remanufactured into new paper goods, is referred to as the recovered paper market. Using recovered paper lessens the need for virgin fibres, preserves natural resources, and lessens the negative effects of paper production on the environment.
Many different types of paper goods, such as printing and writing paper, packaging paper, tissue paper, and speciality paper, are made using recovered paper. The market for recovered paper is expanding as a result of rising environmental consciousness and governmental pressure to limit the use of virgin fibres and increase the usage of recycled materials.
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The influence recovered paper has on the environment is one of its main advantages. Recycled paper production uses less water and energy than virgin paper production, and it produces less waste and greenhouse gas emissions as well. Also, by using recovered paper, natural resources like water and trees are preserved. These resources are essential for the maintenance of ecosystems and biodiversity.
Despite the recovered paper market’s expansion, there are still some obstacles to be cleared. The quality of recovered paper is one of the main obstacles because it can differ greatly depending on the source and the collecting and processing techniques utilised. Another issue is the price of recovered paper, which can often be more expensive than virgin paper because of the added expenses for collection, processing, and transportation.
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In conclusion, the recovered paper market is growing as a result of increasing environmental awareness and regulatory pressures to reduce the use of virgin fibers and promote the use of recycled materials. Recovered paper offers several benefits, including a lower environmental impact, conservation of natural resources, and reduction of waste and greenhouse gas emissions.
The recovered paper market is highly fragmented, with a few large players dominating the market, but there are also challenges that need to be overcome, such as quality variability and higher costs. Despite these challenges, the recovered paper market is expected to continue to grow in the coming years as more and more consumers become aware of the benefits of recycled paper and demand for eco-friendly and sustainable products continues to increase.
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Key players
Some of the key players of global recovered paper market are Smurfit Kappa Group plc. International Paper, American Eagle Paper Mills, Stora Enso, Mondi Group Plc. and others
Global recovered paper market: Segmentation
On the basis of product type, recovered paper market is segmented into:
- Printing paper
- Corrugated container
- Cartons
- Boxes
On the basis of paper grade, recovered paper market is segmented into:
- Low grade paper
- High grade paper
- White paper
- Brown paper
On the basis of end use, recovered paper market is segmented into:
- Food & beverage industry
- Electrical and electronics industry
- Automobile industry
- Pharmaceuticals industry
- Others
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