Pulp and Paper Market Size, Share, Industry Growth, Trends, Business Opportunities, Challenges, Growth Insights to 2026
The global Pulp and Paper Market is expected to gain impetus from the increasing usage of e-commerce platforms by youngsters to purchase cosmetics, groceries, and food items. It is mainly occurring because of the increasing usage of smartphones and internet worldwide. The report further mentions that the pulp & paper market size was USD 348.83 billion in 2019 and is projected to reach USD 368.10 billion by 2027, exhibiting a CAGR of 0.8% during the forecast period. Drivers & Restraints- Rising Shift of Companies towards Environmentally-friendly Solutions will Spur Growth Pulp & paper are considered to be the most recyclable and sustainable materials used in packaging across the globe. Nowadays, the environmental concerns are surging and this is further compelling the manufacturers to shift towards more eco-friendly paper packaging solutions. Thus, the prominent FMCG, cosmetics, and food companies are joining hands with pulp & paper manufacturers to develop novel