Wood Pulp Market Overview
The global Wood Pulp Market was estimated at $166.6 billion in 2021 and is expected to rise at a CAGR of 3.61% from 2023 to 2030, reaching $250.1 billion by 2030.
Wood pulp is wood that has been crushed to fine pulp for use in the production of the newspaper and other low-cost materials, as well as hardboard. Chemical pulping and mechanical pulping are the two methods for producing wood pulp. Wood pulp is a versatile resource that may be used to make a range of items. Tissue, printing and writing papers, board, and specialty papers are the four most prevalent uses for wood pulp. The global Wood Pulp Market is expected to rise at a significant rate in the forthcoming years over the stated period.
The expansion of the global Wood Pulp market is boosted by the increased use of pulp in the paper production industry. The use of timber pulp in the creation of furniture and soft pieces for the residential sector is propelling the market's expansion. Furthermore, during the projected period, an increase in global demand for tissue paper, which is mostly used in kitchens, toilets, and households, is expected to boost market expansion.
On the downside, strict environmental restrictions governing deforestation are expected to have a negative impact on the growth of the wood pulp market in the coming years.
| Report Metric | Details |
| Market size available for years | 2023–2030 |
| Base year considered | 2023 |
| Forecast period | 2024–2030 |
| Forecast unit | Value (USD Million) |
| Segments covered | Type, End-use Industry, and Region. |
| Regions covered | North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA) |
| Companies covered | International Paper, Metsä Group, Nippon Paper, Oji Holdings Corporation, Sappi, Sonoco Products, Stora Enso, Svenska Cellulosa Aktiebolaget, UPM-Kymmene Corporation, WestRock. |
Covid-19 Impact on Wood Pulp Market
The ongoing COVID-19 pandemic conditions have severely affected every sector around the world. Whereas, the chemicals and materials sectors were moderately affected during the pandemic. This is primarily due to the uncut demand for chemicals for healthcare, life science, and cleaning agents. However, other elements of chemical and material sectors such as paints, industrial oil, construction materials are facing diminution in demand. Strict lockdown resulted in a nearly 50-60% reduction in supply for raw materials, which directly affected the manufacturing process. Further, halt on many end-use industries directly affected the chemical demand all around the world.
Wood Pulp Market Segment Overview
Based on Type, Hardwood is a noteworthy segment in the global Wood Pulp Market. Also, the Softwood segment has larger progress in the market. Overall, hardwoods contain more cellulose and extractives, and less lignin, than softwoods; as well, they usually have a higher initial brightness. For pulp purposes, softwood fibers are, on average, more than three times the length of those contained in hardwoods. And since increasing fiber length usually translates into more inter-fiber bonding, softwood pulps impart greater strength to the products into which they are made, than do hardwood pulps manufactured by the same process.
Furthermore, By End-Use Industry, in 2020, the packaging segment held the highest share of the wood pulp market. The usage of wood pulp in the creation of various types of packaging materials for use in various end-use industries is driving the global wood pulp market.
Wood Pulp Market, By Type
· Hardwood
· Softwood
Wood Pulp Market, By End-Use Industry
- Packaging
- Food & Beverages
- Pharmaceutical
- Personal Care & Cosmetics
- Automotive
- Others
- Paper
- Newspaper
- Books and Magazine
- Tissues
- Others
- Others
Wood Pulp Market Regional Overview
Region-wise, the Asia-Pacific region accounted for a huge share in the global wood pulp market in 2020. Factors such as growing population, increasing disposable income, the need for paper-based print media are estimated to boost the growth of the market in this region. Furthermore, the wood pulp market in North America and Europe is expected to rise at a higher CAGR in the estimated period. This is because of the tremendous expansion of various industries in these regions.
Wood Pulp Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Wood Pulp Market, Key Players
· International Paper
· Metsä Group
· Nippon Paper
· Oji Holdings Corporation
· Sappi
· Sonoco Products
· Stora Enso
· Svenska Cellulosa Aktiebolaget
· UPM-Kymmene Corporation
· WestRock
Frequently Asked Questions (FAQ) :
Q1. What are the driving factors for the global Wood Pulp market?
The expansion of the global Wood Pulp market is boosted by the increased use of pulp in the paper production industry.
Q2. Which Segments are covered in the global Wood Pulp market report?
Type, End-use Industry, and Region. these segments are covered in the global Wood Pulp market report.
Q3. Which segment is projected to hold the largest share in the global Wood Pulp market?
The hardwood segment is projected to hold the largest share in the global Wood Pulp market.
Q4. Which region holds the largest share in the global Wood Pulp market?
Asia-Pacific held the largest share in the global Wood Pulp market
Q5. Which are the prominent players in the global Wood Pulp market?
International Paper, Metsä Group, Nippon Paper, Oji Holdings Corporation, Sappi, Sonoco Products, Stora Enso, Svenska Cellulosa Aktiebolaget, UPM-Kymmene Corporation, WestRock. are some key players in the global Wood Pulp market.
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Wood Pulp Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Type
- 5.2.1. Hardwood
- 5.2.2. Softwood
- 5.3. Market Analysis, Insights and Forecast – By End-Use Industry
- 5.3.1. Packaging
- 5.3.1.1. Food & Beverages
- 5.3.1.2. Pharmaceutical
- 5.3.1.3. Personal Care & Cosmetics
- 5.3.1.4. Automotive
- 5.3.1.5. Others
- 5.3.2. Paper
- 5.3.2.1. Newspaper
- 5.3.2.2. Books and Magazine
- 5.3.2.3. Tissues
- 5.3.2.4. Others
- 5.3.3. Others
- 5.3.1. Packaging
- 5.4. Market Analysis, Insights and Forecast – By Region
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia Pacific
- 5.4.4. Latin America, Middle East and Africa
6. North America Wood Pulp Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Type
- 6.2.1. Hardwood
- 6.2.2. Softwood
- 6.3. Market Analysis, Insights and Forecast – By End-Use Industry
- 6.3.1. Packaging
- 6.3.1.1. Food & Beverages
- 6.3.1.2. Pharmaceutical
- 6.3.1.3. Personal Care & Cosmetics
- 6.3.1.4. Automotive
- 6.3.1.5. Others
- 6.3.2. Paper
- 6.3.2.1. Newspaper
- 6.3.2.2. Books and Magazine
- 6.3.2.3. Tissues
- 6.3.2.4. Others
- 6.3.3. Others
- 6.3.1. Packaging
- 6.4. Market Analysis, Insights and Forecast – By Country
- 6.4.1. U.S.
- 6.4.2. Canada
7. Europe Wood Pulp Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Type
- 7.2.1. Hardwood
- 7.2.2. Softwood
- 7.3. Market Analysis, Insights and Forecast – By End-Use Industry
- 7.3.1. Packaging
- 7.3.1.1. Food & Beverages
- 7.3.1.2. Pharmaceutical
- 7.3.1.3. Personal Care & Cosmetics
- 7.3.1.4. Automotive
- 7.3.1.5. Others
- 7.3.2. Paper
- 7.3.2.1. Newspaper
- 7.3.2.2. Books and Magazine
- 7.3.2.3. Tissues
- 7.3.2.4. Others
- 7.3.3. Others
- 7.3.1. Packaging
- 7.4. Market Analysis, Insights and Forecast – By Country
- 7.4.1. UK
- 7.4.2. Germany
- 7.4.3. France
- 7.4.4. Italy
- 7.4.5. Spain
- 7.4.6. Russia
- 7.4.7. Rest of Europe
8. Asia Pacific Wood Pulp Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Type
- 8.2.1. Hardwood
- 8.2.2. Softwood
- 8.3. Market Analysis, Insights and Forecast – By End-Use Industry
- 8.3.1. Packaging
- 8.3.1.1. Food & Beverages
- 8.3.1.2. Pharmaceutical
- 8.3.1.3. Personal Care & Cosmetics
- 8.3.1.4. Automotive
- 8.3.1.5. Others
- 8.3.2. Paper
- 8.3.2.1. Newspaper
- 8.3.2.2. Books and Magazine
- 8.3.2.3. Tissues
- 8.3.2.4. Others
- 8.3.3. Others
- 8.3.1. Packaging
- 8.4. Market Analysis, Insights and Forecast – By Country
- 8.4.1. China
- 8.4.2. India
- 8.4.3. Japan
- 8.4.4. Australia
- 8.4.5. South East Asia
- 8.4.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Wood Pulp Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Type
- 9.2.1. Hardwood
- 9.2.2. Softwood
- 9.3. Market Analysis, Insights and Forecast – By End-Use Industry
- 9.3.1. Packaging
- 9.3.1.1. Food & Beverages
- 9.3.1.2. Pharmaceutical
- 9.3.1.3. Personal Care & Cosmetics
- 9.3.1.4. Automotive
- 9.3.1.5. Others
- 9.3.2. Paper
- 9.3.2.1. Newspaper
- 9.3.2.2. Books and Magazine
- 9.3.2.3. Tissues
- 9.3.2.4. Others
- 9.3.3. Others
- 9.3.1. Packaging
- 9.4. Market Analysis, Insights and Forecast – By Country
- 9.4.1. Brazil
- 9.4.2. Saudi Arabia
- 9.4.3. UAE
- 9.4.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2021
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. International Paper
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Metsä Group
- 10.6. Nippon Paper
- 10.7. Oji Holdings Corporation
- 10.8. Sappi
- 10.9. Sonoco Products
- 10.10. Stora Enso
- 10.11. Svenska Cellulosa Aktiebolaget
- 10.12. UPM-Kymmene Corporation
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
