Paper, Plastics, Rubber, Wood and Textile Market Report 2026

The paper, plastics, rubber, wood and textile market size has grown strongly in recent years. It will grow from $7.47 trillion in 2025 to $7.91 trillion in 2026 at a compound annual growth rate (CAGR) of 5.9%. The growth in the historic period can be attributed to expansion of manufacturing and construction sectors, growth in consumer goods production, availability of natural raw materials, development of global trade networks, rising demand for processed materials.

The paper, plastics, rubber, wood and textile market size is expected to see strong growth in the next few years. It will grow to $10.23 trillion in 2030 at a compound annual growth rate (CAGR) of 6.6%. The growth in the forecast period can be attributed to increasing investments in circular economy initiatives, rising demand for eco-friendly consumer products, expansion of smart manufacturing facilities, growing focus on supply chain traceability, innovation in material substitution technologies. Major trends in the forecast period include increasing demand for sustainable multi-material products, rising adoption of recycled and bio-based materials, expansion of circular manufacturing practices, growing integration of automated production systems, enhanced focus on cross-industry material innovation.

The growing demand for consumer goods is expected to drive the expansion of the paper, plastics, rubber, wood, and textile markets in the coming years. Consumer goods are products manufactured for direct use by individuals or households. Materials such as paper, plastics, rubber, wood, and textiles are essential inputs across a wide range of consumer goods, including packaging, electronics, furniture, apparel, and household products, supporting everyday consumption and lifestyle needs. For example, in August 2024, according to the House of Commons Library, a UK-based information service of the British Parliament, the retail sector’s economic output reached $150.84 billion (£112.8 billion) in 2023, accounting for 4.9% of the UK’s total economic output and representing a 2.4% increase compared with 2022. Retail sales in Great Britain were valued at $681.97 billion (£510 billion) in 2023, marking a 3% rise from 2022. Therefore, rising demand for consumer goods is driving growth across the paper, plastics, rubber, wood, and textile markets.

Major companies operating in the paper, plastics, rubber, wood, and textile markets are focusing on the development of advanced heat-resistant conveyor solutions to improve operational efficiency and ensure safe material handling in high-temperature industrial settings. Heat-resistant conveyor belts are specialized material-handling systems engineered with reinforced rubber compounds and thermally resistant layers, enabling consistent performance under extreme heat, reduced material degradation, and enhanced durability. For instance, in March 2023, Yokohama Rubber Co., Ltd., a Japan-based rubber manufacturer, launched the Hamaheat Super 80 conveyor belt. This product is designed for transporting materials at elevated temperatures and can withstand belt surface temperatures of up to 180°C (350°F), making it suitable for demanding industrial applications across multiple sectors.

In August 2023, Albany International Corp., a US-based manufacturing and engineered materials company, acquired Heimbach Group for approximately $153.7 million (€132 million). Through this acquisition, Albany International aimed to expand its global footprint, strengthen its technological capabilities, and increase scale in supplying machine clothing used in paper and cardboard manufacturing. Heimbach Group is a Germany-based company specializing in paper machine clothing and technical textiles utilized in the production of paper, cardboard, and related pulp and paper applications.

Major companies operating in the paper, plastics, rubber, wood and textile market are Nike Inc., Christian Dior SE, Michelin Group, Adidas AG, Bridgestone Corporation, International Paper Company, Kimberly Clark Corporation, Procter & Gamble Co., WestRock Company, The Goodyear Tire & Rubber Company, Pirelli & C. SPA, The Yokohama Rubber Co. Ltd., Continental AG, Hankook Tire & Technology Co. Ltd., Sumitomo Rubber Industries Ltd., Apollo Tyres Limited, Kumho Tire Co. Inc., Nexen Tire Corporation, Toyo Tire Corporation, Yokohama Rubber Co. Ltd., Georgia-Pacific LLC, Weyerhaeuser Company, Avery Dennison Corporation, Berry Global Group Inc., Bemis Company Inc., Sealed Air Corporation, Sonoco Products Company, Graphic Packaging International Inc., Packaging Corporation of America.

Asia-Pacific was the largest region in the paper, plastics, rubber, wood and textile market in 2025. Western Europe was the second largest region in the paper, plastics, rubber, wood and textile market. The regions covered in the paper, plastics, rubber, wood and textile market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the paper, plastics, rubber, wood and textile market report are China, India, Japan, Australia, Indonesia, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, Taiwan, New Zealand, UK, Germany, France, Italy, Spain, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.

The paper, plastic, rubber, wood, and textile market consists of sales of clothes, groceries, and wood furniture. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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