The global pulp and paper market was valued at $357.21 billion in 2023 and is expected to grow steadily to $360.08 billion in 2024 and $391.39 billion by 2032, reflecting a 1% annual growth rate. Recent years have brought major changes to the industry, driven by technology, environmental goals, and evolving customer expectations. Below is an easy-to-digest summary of the key trends shaping the future of this market.

Informational Source:

https://www.fortunebusinessinsights.com/pulp-and-paper-market-103447

Major Key Companies Covered in Pulp and Paper Market are:

• International Paper (U.S.)
• Georgia-Pacific Corporation (U.S.)
• Nine Dragon Paper Ltd. (China)
• Stora Enso Oyj (Finland)
• Sappi Ltd. (South Africa)
• Kimberly-Clark Corporation (U.S.)
• UPM-Kymmene Oyj (Finland)
• Svenska Cellulosa Aktiebolaget (SCA) (Sweden)
• Oji Holding Corporation (Japan)
• Nippon Paper Industries Co. Ltd. (Japan)
• The Smurfit Kappa Group (Ireland)
• WestRock (U.S.)

Key Trends Shaping the Industry

1. Technological Innovations