Wood Recycling Market Analysis

Wood, Paper & Paperboard Recycling Market Analysis

In terms of grade, wood recycling market has been segmented into grades A, B, & C. Grade B wood finds applications majorly in manufacturing, in different coated forms. The demand for grade B wood was more than USD 1,200 million in 2017 and is expected to increase at a CAGR more than 4%, towards the end of the forecast period. This is majorly due to the rising consumption of material-coated wood in manufacturing companies.
 

In terms of grade, paper & paperboard recycling market has been segmented into mixed grade, corrugated & kraft grade, newspapers & magazines, others, which include printed papers, calendared papers, coated & uncoated fine papers, writing papers, other packaging papers. Newspapers & magazines had the largest market size of over USD 9,300 million in 2017 and will grow at a moderate growth rate till the end of 2025. This is primarily due to the increasing demand for printed newspapers & magazines in both developing & developed economies. In terms of growth rate, corrugated & kraft grade is expected to have the fastest growth rate till 2025.
 

In terms of application, the global wood recycling market has been segmented into wood panels, energy generation, and others which include landscaping products, animal bedding, furniture, pulp, coal making, etc. The demand of recycled wood for wood panel manufacturing had the highest market size of over USD 1,200 million in 2017. Increasing demand for plywood globally, is increasing the overall demand for recycled wood into wood panel manufacturing.
 

In terms of application, the paper & paperboard recycling market has been segmented into newsprint, sanitary & household, packaging, and others, which include container boards, white lined chipboard, solid bleached board, solid unbleached boards, etc. The paper & paperboard recycling market for newsprint had majority share of the overall market, surpassing USD 3,600 million in 2017. This is majorly due to the rising demand for magazines and printed papers across the globe.
 

Asia Pacific wood, paper & paperboard recycling market held the largest share of the global market in 2017. This regional market surpassed USD 11 billion in 2017 and will grow at a fastest CAGR till the end of the forecast period. Rising demand for paper products in the economies such as India and China will have a huge positive impact on the growth of Asia Pacific paper, paperboard & wood recycling market.
 

North America paper, paperboard & wood recycling market was over USD 3 billion in 2017 and will grow at a sluggish growth rate till 2025. This is majorly due to the market saturation in developed countries like U.S. The paper & paperboard recycling technology was highly adopted in this region over the past few decades. This region has also gradually increased its paper and wood recycling rates over the past few years.