Quick Summary:
Navigating the ever-changing landscape of the wood pulp market can be a complex endeavour for any business executive. This market is characterized by multiple driving factors, including the increase in demand from the paper industry, a rising consumer desire for tissue paper products, and expansion in global wood pulp trade. Advantages can be seized with the right strategic understanding and foresight.
Our comprehensive market research report offers deep insights, shedding light on the market's key constraints such as stringent environmental regulations and rising energy and transportation costs. This report explores the significant role of North America, with the United States as a major producer and Canada leading in global exports. By purchasing this report, you gain an in-depth understanding of the market and ensure your company remains at the forefront of industry developments. In addition to expertly analyzed data, you benefit from a market estimate in Excel format and three months of analyst support for any follow-up questions or clarification.
The drivers identified in the market are increasing demand for wood pulp from the paper industry, rising consumer demand for tissue paper products, and growth in the trade of wood pulp products.The restraints identified in the market are stringent environmental regulations, with respect to deforestation, and increasing energy and transportation costs.
United States is the major producer of wood pulp in the world. Canada is the top exporter of wood pulp globally. It shares 62% of total global exports.
Wood Pulp Market Trends
Rising Consumer Demand for Tissue Paper Products is Driving the Market
The rising global demand, along with consumption, for tissue paper, which is essentially used in kitchen, toilets, and household, is expected to drive the market’s growth over the forecast period. The United States is the largest consumer of tissue paper in the world, on average, 25 kg of tissue is consumed per person annually. About 37% of this consumption occurs via kitchen towels. Canada has 24% of the world’s boreal forests, and is one of the world’s largest pulp and paper market. The country produces considerable amount of raw material, satisfying the demand at both domestic and international levels.Canada is the Largest Producer
Canada is the largest producer of wood pulp, globally, due to the presence of coniferous forest, which provides raw material for the paper industry. Few Canadian paper mills faced challenges, due to the rising production costs and increasing competition from the pulp and paper producers of the southern United States and Scandinavia, which resulted in conversions and closure of pulp and paper mills. In 2020, Total woold pulp exports value in Canada accounted at USD 923.9 millions. Canada's wood pulp exports share 62% of the total global exports.Additional benefits of purchasing the report:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
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