Market overview:

The Converting Paper Market was valued at $370.2 million in 2022 and is estimated to reach $458.0 billion by 2028, with a CAGR of 2.5% from 2023 to 2028.

Paper conversion is the transformation of paper into another good. Converting paper is used for a variety of purposes, including writing paper, newsprint, hygiene paper, and printing paper. The growing demand for converting paper across a wide range of applications is expected to drive growth in the global converting paper market.

Chemical wood pulp is the most common method of treating wood with chemicals, and it is a type of pulp produced by the Kraft pulping process. Chemical wood pulp is used to make colourless paper, and the results are incredibly robust. Chemical pulps are used in the production of writing and printing papers, as well as paper bags, shipping containers, and other paper-based products.

Market Drivers and Restraints:

An increase in the need for print media, such as paper, which is a common and essential product used to create notebooks, magazines, and print books, is what is driving the growth of the converting paper markets. Internet sales penetration Converting paper is highly sought after in packaging applications due to its low cost and environmental friendliness. An increase in the use of sanitary napkins and toilet paper due to personal hygiene concerns is one of the major drivers fueling market growth throughout the course of the projection period.

The paper and pulp industries have the potential to benefit from resource efficiency and the bioeconomy. Constant technical development can minimize negative environmental effects and maximize resource use. The development of innovative cellulose-based applications and goods may be facilitated by new methodologies. Breakthrough innovations are necessary to accomplish the sector's targets for the 2050 Roadmap towards a low-carbon bioeconomy, such as those that decrease the use of heat in paper production through reduced water usage. These objectives call for an 80% decrease in carbon dioxide emissions and a 50% rise in value by 2050. Opportunities are being presented by the bioeconomy for the industry to seize. Innovating new products and materials for the food, textile, cosmetics, and pharmaceutical industries as well as chemicals, bio-based fuels, and traditional wood-based products will be made possible by the sector's usage of new business models.

The paper industry uses a sizable portion of forest timber for its products. The Food and Agriculture Organization estimates that between 2000 and 2015, the area of forests decreased by 3.3 million hectares. Furthermore, the source of forest wood was subject to strict restrictions set by regional governments. Moreover, one of the industries that uses the most water is pulp and paper. A4-sized paper typically requires 20 litres of water to produce one sheet. Continual raw material and resource availability is becoming more crucial for industry growth as a result of water constraints and growing deforestation.

To know more, read:

https://www.marketdataforecast.com/market-reports/converting-paper-market


The report is segmented as follows:

The Converting Paper Market is segmented by Paper; the Market is segmented by Pulp; the Market is segmented by Application:

By Paper (Coated and Uncoated)

By Pulp (Mechanical Wood Pulp, Semi-chemical Pulp, Chemical Wood Pulp, Non-wood Pulp, and Recycled Pulp)

By Application (Newsprint, Hygiene Paper, Printing Paper, Writing Paper, and Others)

Regional Segmentation:

Over the course of the forecast, North America is expected to keep dominating the global market. This is because there is an increase in the need for personal hygiene products and because paper is converted to make products for personal hygiene like new-born diapers, tissue papers, and other similar things.

Asia Pacific is anticipated to be a growing market for paper conversion throughout the projection period. The rapidly expanding packaging industries in China and India are driving the converting paper markets in the Asia Pacific region.

Impact of COVID-19 pandemic on the market:

Demand for hygiene and personal care products, particularly tissue paper, increased despite prolonged lockdowns that caused supply chains and pulp and paper manufacturing to be affected globally as a result of COVID-19. The top tissue producers in the world are focusing their efforts on meeting the steadily rising demand for tissue papers from hospitals and other healthcare facilities.

Contact Us:

[email protected]

+1-888-702-9626