Updated Jan 18, 2023 11:07

Global Recovered Paper Market

Market Overview
In , the global recovered paper market increased by % to $, rising for the second consecutive year after three years of decline. The market value increased at an average annual rate of +% from 2007 to ; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. Over the period under review, the global market hit record highs at $ in 2011; however, from 2012 to , consumption stood at a somewhat lower figure.

In value terms, recovered paper production reduced slightly to $ in estimated in export price. The total output value increased at an average annual rate of +% over the period from 2007 to ; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2010 when the production volume increased by % against the previous year. Over the period under review, global production attained the maximum level at $ in 2011; however, from 2012 to , production remained at a lower figure.

The countries with the highest volumes of production in were China ( tons), the United States ( tons) and Japan ( tons), with a combined % share of global production. These countries were followed by Germany, South Korea, the UK, France, Italy, Brazil, Mexico, Spain and India, which together accounted for a further %.

From 2007 to , the biggest increases were recorded for India (with a CAGR of +%), while production for the other global leaders experienced more modest paces of growth.


Consumption
In , approx. tons of recovered paper were consumed worldwide; remaining stable against the previous year. Overall, consumption showed a mild increase. Global consumption peaked at tons in 2017; however, from 2018 to , consumption remained at a lower figure.

The global recovered paper market revenue was estimated at $ in , remaining stable against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +% from 2007 to ; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. Over the period under review, the global market attained the maximum level at $ in 2011; however, from 2012 to , consumption stood at a somewhat lower figure.


Consumption by Country
The countries with the highest volumes of consumption in were China ( tons), the United States ( tons) and Germany ( tons), with a combined % share of global consumption. These countries were followed by Japan, India, South Korea, Mexico, Indonesia, Thailand, Spain, France, Brazil and Taiwan (Chinese), which together accounted for a further %.

From 2007 to , the biggest increases were recorded for India (with a CAGR of +%), while consumption for the other global leaders experienced more modest paces of growth.

In value terms, China ($) led the market, alone. The second position in the ranking was taken by the United States ($). It was followed by India.

From 2007 to , the average annual rate of growth in terms of value in China totaled +%. The remaining consuming countries recorded the following average annual rates of market growth: the United States (+% per year) and India (+% per year).

The countries with the highest levels of recovered paper per capita consumption in were Germany ( kg per person), Taiwan (Chinese) ( kg per person) and South Korea ( kg per person).

From 2007 to , the most notable rate of growth in terms of consumption, amongst the key consuming countries, was attained by India (with a CAGR of +%), while consumption for the other global leaders experienced more modest paces of growth.


Market Forecast
Driven by increasing demand for recovered paper worldwide, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to tons by the end of .

In value terms, the market is forecast to increase with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .