【INFORMATION】 According to Authoritative Analysis, The Global Demand for Paper and Cardboard Will Reach 482 Million Tons by 2030!
2024/11/6 Viewers:
According to the latest global paper market research and analysis by Bailey Management Consulting, the global demand for paper and cardboard will reach 482 million tons by 2030, which means an average annual growth rate of 1.1%. This study predicted the demand for cultural paper, household paper, and packaging paper across 10 product categories in over 80 countries and regions.
The demand for paper varies depending on the type and region. In fact, the cultural paper market is facing enormous challenges from digitization, and its development is gradually shrinking the demand for news paper and other printing paper. At the same time, the study also analyzed that due to the booming development of emerging markets, e-commerce, and the increasing demand for convenience food and consumer brands, the demand for packaging will gradually increase. As of 2030, the demand for household paper, corrugated cardboard, and cardboard boxes will all gradually increase. Research predicts that the consumption demand for packaging materials and lifestyle/hygiene products will grow at a rate of 2.9% per year.
By analyzing the market growth rate by region, it can be found that emerging markets such as China and India will continue to see an increase in demand for paper and cardboard, with population growth, urbanization, and the expansion of the middle class being the main drivers of growth; On the contrary, in Japan, North America, and Western Europe, the demand for paper and cardboard will decline at a rate of 0.8% per year until 2030.
Since 1950, global paper and cardboard production has continued to grow, but in the past 5-6 years, the global paper industry has faced significant challenges, especially in the Western paper industry. Therefore, experts from Bailey Management Consulting believe that there is an urgent need for structural transformation in the paper industry, such as further reduction of production in Western Europe, strict control of capacity growth in emerging markets in Asia after maturity, and more cooperation, acquisitions, mergers, etc. within the industry.
The demand for paper varies depending on the type and region. In fact, the cultural paper market is facing enormous challenges from digitization, and its development is gradually shrinking the demand for news paper and other printing paper. At the same time, the study also analyzed that due to the booming development of emerging markets, e-commerce, and the increasing demand for convenience food and consumer brands, the demand for packaging will gradually increase. As of 2030, the demand for household paper, corrugated cardboard, and cardboard boxes will all gradually increase. Research predicts that the consumption demand for packaging materials and lifestyle/hygiene products will grow at a rate of 2.9% per year.
By analyzing the market growth rate by region, it can be found that emerging markets such as China and India will continue to see an increase in demand for paper and cardboard, with population growth, urbanization, and the expansion of the middle class being the main drivers of growth; On the contrary, in Japan, North America, and Western Europe, the demand for paper and cardboard will decline at a rate of 0.8% per year until 2030.
Since 1950, global paper and cardboard production has continued to grow, but in the past 5-6 years, the global paper industry has faced significant challenges, especially in the Western paper industry. Therefore, experts from Bailey Management Consulting believe that there is an urgent need for structural transformation in the paper industry, such as further reduction of production in Western Europe, strict control of capacity growth in emerging markets in Asia after maturity, and more cooperation, acquisitions, mergers, etc. within the industry.
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