Pulp Market to Grow at a CAGR of 3.92% from 2022 to 2027|Increased consumption of chemical wood pulp to boost growth - Technavio

NEW YORK, Aug. 4, 2023 /PRNewswire/ -- The pulp market size is estimated to grow by USD 41.26 billion from 2022 to 2027. The market is estimated to accelerate at a CAGR of 3.92%, according to Technavio. Download a Sample Report Now!

Pulp Market Insights -

• Vendors: 15+, Including Arctic Paper SA, Asia Pulp and Paper APP Sinar Mas., Billerud AB, Canny Tissue Paper Industry, Gulf Paper Manufacturing Co., Hitachi Ltd., International Paper Co., Koch Industries Inc., Mercer International Inc., Metropolis Paper Industries, Metsa Board Oyj, Nath Industries Ltd., Nine Dragons Paper Holdings Ltd., Nippon Paper Industries Co. Ltd., Oji Holdings Corp., Sappi Ltd., Shanying International Holding Co. Ltd., Stora Enso Oyj, UPM Kymmene Corp., and WestRock Co.
• Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendors
• Segments: Application (Printing and writing paper, Tissue paper, Specialty paper, Packaging paper, and Others), grade type (chemical pulp, mechanical and semi-chemical pulp, and non-wood pulp), and Geography (North America, APAC, Europe, South America, and Middle East and Africa)

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Pulp Market - Vendor Insights

The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Technavio report analyzes the market's competitive landscape and offers information on several market vendors including Arctic Paper SA, Asia Pulp and Paper APP Sinar Mas., Billerud AB, Canny Tissue Paper Industry, Gulf Paper Manufacturing Co., Hitachi Ltd., International Paper Co., Koch Industries Inc., Mercer International Inc., Metropolis Paper Industries, Metsa Board Oyj, Nath Industries Ltd., Nine Dragons Paper Holdings Ltd., Nippon Paper Industries Co. Ltd., Oji Holdings Corp., Sappi Ltd., Shanying International Holding Co. Ltd., Stora Enso Oyj, UPM Kymmene Corp., and WestRock Co.

Pulp Market – Market Dynamics

Major Drivers - 

The increasing consumption of wooden pulp drives the pulp market growth during the forecast period. Chemical wood pulp is basically a lignocellulosic fibrous material that is manufactured by separating cellulose fibers from wood.  Softwood fibers are mainly sourced from angiosperm trees. This chemical wood pulp is mainly used to manufacture high-quality paper. The semi-chemical pulp process produces neutral solutions that are widely utilized for cooking wood chips. Semi-chemical wood pulp is cheaper when compared to other chemical methods. Some of the key applications of semi-chemical wood pulping include the manufacturing of tissue, fine paper, cartons, magazines, and paperboard. Factors that fuel the sale of tissue paper include personal hygiene and ease of availability, and recyclability. Furthermore, the rise in usage of cartons, magazines, and paperboard has also fuelled the consumption of semi-chemical pulp which in turn will drive the market growth during the forecast period.

Significant Trends

The rising popularity of fluffy pulp is a primary trend in the pulp market growth during the forecast period. There has been an increasing significance for diapers (baby and adult) and hygiene sanitary pads for women over the years. This is mainly due to the growing awareness of safety and health practices. Hence, the main raw materials which are used for the manufacturing of these products are fluffy pulp which is a  long fiber made of softwood. The main advantage of fluffy pulp is that it enhances the absorbency of liquid and semi-solids, which prevents leaking. This type of diaper has facilitated families leading a fast-paced lifestyle as they can be disposed of easily. Furthermore, the increase in the aging population has fuelled the demand for adult diapers which has significantly contributed to the market growth. Hence, such factors are expected to drive market growth during the forecast period.

Key challenges - 

The high cost incurred in the manufacturing of pulp will be a significant challenge hindering the market growth during the forecast period. There is an increase in investment by several vendors in the market for the degradation of technology to boost pulp production and maintenance. Even though the process of the pulp industry is advanced and efficient, the total energy consumed to manufacture pulp and paper is very high. This complex manufacturing process needs a lot of energy and water to bring down the forests, the high-volume bark, and the tight cellulose fibers. Furthermore, the rise in the price of kilowatt also negatively impacts market growth. Hence, such factors are expected to hinder market growth during the forecast period.

Drivers, Trends and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

The pulp market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as future prospects.

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What are the key data covered in this Pulp Market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the pulp market between 2023 and 2027
• Precise estimation of the pulp market size and its contribution to the market in focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the pulp market across North America, APAC, Europe, South America, and the Middle East and Africa
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of pulp market vendors

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Table of Contents

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Grade Type
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022 

• 3.4 Market outlook: Forecast for 2022-2027
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global pulp market 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on global pulp market 2017 - 2021 ($ billion)

• 4.2 Application Segment Analysis 2017 - 2021
• Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ billion)

• 4.3 Grade Type Segment Analysis 2017 - 2021
• Exhibit 20: Historic Market Size – Grade Type Segment 2017 - 2021 ($ billion)

• 4.4 Geography Segment Analysis 2017 - 2021
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)

• 4.5 Country Segment Analysis 2017 - 2021
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Application

• 6.1 Market segments 
• Exhibit 30: Chart on Application - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Application - Market share 2022-2027 (%)

• 6.2 Comparison by Application 
• Exhibit 32: Chart on Comparison by Application
• Exhibit 33: Data Table on Comparison by Application

• 6.3 Printing and writing paper - Market size and forecast 2022-2027 
• Exhibit 34: Chart on Printing and writing paper - Market size and forecast 2022-2027 ($ billion)
• Exhibit 35: Data Table on Printing and writing paper - Market size and forecast 2022-2027 ($ billion)
• Exhibit 36: Chart on Printing and writing paper - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Printing and writing paper - Year-over-year growth 2022-2027 (%)

• 6.4 Tissue paper - Market size and forecast 2022-2027
• Exhibit 38: Chart on Tissue paper - Market size and forecast 2022-2027 ($ billion)
• Exhibit 39: Data Table on Tissue paper - Market size and forecast 2022-2027 ($ billion)
• Exhibit 40: Chart on Tissue paper - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Tissue paper - Year-over-year growth 2022-2027 (%)

• 6.5 Specialty paper - Market size and forecast 2022-2027
• Exhibit 42: Chart on Specialty paper - Market size and forecast 2022-2027 ($ billion)
• Exhibit 43: Data Table on Specialty paper - Market size and forecast 2022-2027 ($ billion)
• Exhibit 44: Chart on Specialty paper - Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Specialty paper - Year-over-year growth 2022-2027 (%)

• 6.6 Packaging paper - Market size and forecast 2022-2027
• Exhibit 46: Chart on Packaging paper - Market size and forecast 2022-2027 ($ billion)
• Exhibit 47: Data Table on Packaging paper - Market size and forecast 2022-2027 ($ billion)
• Exhibit 48: Chart on Packaging paper - Year-over-year growth 2022-2027 (%)
• Exhibit 49: Data Table on Packaging paper - Year-over-year growth 2022-2027 (%)

• 6.7 Others - Market size and forecast 2022-2027
• Exhibit 50: Chart on Others - Market size and forecast 2022-2027 ($ billion)
• Exhibit 51: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
• Exhibit 52: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 53: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 6.8 Market opportunity by Application 
• Exhibit 54: Market opportunity by Application ($ billion)
• Exhibit 55: Data Table on Market opportunity by Application ($ billion)

7 Market Segmentation by Grade Type

• 7.1 Market segments 
• Exhibit 56: Chart on Grade Type - Market share 2022-2027 (%)
• Exhibit 57: Data Table on Grade Type - Market share 2022-2027 (%)

• 7.2 Comparison by Grade Type 
• Exhibit 58: Chart on Comparison by Grade Type
• Exhibit 59: Data Table on Comparison by Grade Type

• 7.3 Chemical pulp - Market size and forecast 2022-2027
• Exhibit 60: Chart on Chemical pulp - Market size and forecast 2022-2027 ($ billion)
• Exhibit 61: Data Table on Chemical pulp - Market size and forecast 2022-2027 ($ billion)
• Exhibit 62: Chart on Chemical pulp - Year-over-year growth 2022-2027 (%)
• Exhibit 63: Data Table on Chemical pulp - Year-over-year growth 2022-2027 (%)

• 7.4 Mechanical and semi-chemical pulp - Market size and forecast 2022-2027 
• Exhibit 64: Chart on Mechanical and semi-chemical pulp - Market size and forecast 2022-2027 ($ billion)
• Exhibit 65: Data Table on Mechanical and semi-chemical pulp - Market size and forecast 2022-2027 ($ billion)
• Exhibit 66: Chart on Mechanical and semi-chemical pulp - Year-over-year growth 2022-2027 (%)
• Exhibit 67: Data Table on Mechanical and semi-chemical pulp - Year-over-year growth 2022-2027 (%)

• 7.5 Non-wood pulp - Market size and forecast 2022-2027
• Exhibit 68: Chart on Non-wood pulp - Market size and forecast 2022-2027 ($ billion)
• Exhibit 69: Data Table on Non-wood pulp - Market size and forecast 2022-2027 ($ billion)
• Exhibit 70: Chart on Non-wood pulp - Year-over-year growth 2022-2027 (%)
• Exhibit 71: Data Table on Non-wood pulp - Year-over-year growth 2022-2027 (%)

• 7.6 Market opportunity by Grade Type 
• Exhibit 72: Market opportunity by Grade Type ($ billion)
• Exhibit 73: Data Table on Market opportunity by Grade Type ($ billion)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 74: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 75: Chart on Market share by geography 2022-2027 (%)
• Exhibit 76: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 77: Chart on Geographic comparison
• Exhibit 78: Data Table on Geographic comparison

• 9.3 North America - Market size and forecast 2022-2027
• Exhibit 79: Chart on North America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 80: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 81: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 82: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.4 APAC - Market size and forecast 2022-2027
• Exhibit 83: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
• Exhibit 84: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
• Exhibit 85: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.5 Europe - Market size and forecast 2022-2027
• Exhibit 87: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
• Exhibit 88: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
• Exhibit 89: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027
• Exhibit 91: Chart on South America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 92: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 93: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 95: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
• Exhibit 96: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
• Exhibit 97: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027
• Exhibit 99: Chart on US - Market size and forecast 2022-2027 ($ billion)
• Exhibit 100: Data Table on US - Market size and forecast 2022-2027 ($ billion)
• Exhibit 101: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 Brazil - Market size and forecast 2022-2027
• Exhibit 103: Chart on Brazil - Market size and forecast 2022-2027 ($ billion)
• Exhibit 104: Data Table on Brazil - Market size and forecast 2022-2027 ($ billion)
• Exhibit 105: Chart on Brazil - Year-over-year growth 2022-2027 (%)
• Exhibit 106: Data Table on Brazil - Year-over-year growth 2022-2027 (%)

• 9.10 Japan - Market size and forecast 2022-2027
• Exhibit 107: Chart on Japan - Market size and forecast 2022-2027 ($ billion)
• Exhibit 108: Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
• Exhibit 109: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 110: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.11 Sweden - Market size and forecast 2022-2027
• Exhibit 111: Chart on Sweden - Market size and forecast 2022-2027 ($ billion)
• Exhibit 112: Data Table on Sweden - Market size and forecast 2022-2027 ($ billion)
• Exhibit 113: Chart on Sweden - Year-over-year growth 2022-2027 (%)
• Exhibit 114: Data Table on Sweden - Year-over-year growth 2022-2027 (%)

• 9.12 Finland - Market size and forecast 2022-2027
• Exhibit 115: Chart on Finland - Market size and forecast 2022-2027 ($ billion)
• Exhibit 116: Data Table on Finland - Market size and forecast 2022-2027 ($ billion)
• Exhibit 117: Chart on Finland - Year-over-year growth 2022-2027 (%)
• Exhibit 118: Data Table on Finland - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 119: Market opportunity by geography ($ billion)
• Exhibit 120: Data Tables on Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers 

• 10.2 Market challenges 

• 10.3 Impact of drivers and challenges 
• Exhibit 121: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends 

11 Vendor Landscape

• 11.1 Overview 

• 11.2 Vendor landscape 
• Exhibit 122: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 123: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 124: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 125: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 126: Matrix on vendor position and classification

• 12.3 Arctic Paper SA 
• Exhibit 127: Arctic Paper SA - Overview
• Exhibit 128: Arctic Paper SA - Product / Service
• Exhibit 129: Arctic Paper SA - Key offerings

• 12.4 Asia Pulp and Paper APP Sinar Mas.
• Exhibit 130: Asia Pulp and Paper APP Sinar Mas. - Overview
• Exhibit 131: Asia Pulp and Paper APP Sinar Mas. - Product / Service
• Exhibit 132: Asia Pulp and Paper APP Sinar Mas. - Key news
• Exhibit 133: Asia Pulp and Paper APP Sinar Mas. - Key offerings

• 12.5 Billerud AB 
• Exhibit 134: Billerud AB - Overview
• Exhibit 135: Billerud AB - Product / Service
• Exhibit 136: Billerud AB - Key offerings

• 12.6 Canny Tissue Paper Industry 
• Exhibit 137: Canny Tissue Paper Industry - Overview
• Exhibit 138: Canny Tissue Paper Industry - Product / Service
• Exhibit 139: Canny Tissue Paper Industry - Key offerings

• 12.7 Hitachi Ltd. 
• Exhibit 140: Hitachi Ltd. - Overview
• Exhibit 141: Hitachi Ltd. - Business segments
• Exhibit 142: Hitachi Ltd. - Key news
• Exhibit 143: Hitachi Ltd. - Key offerings
• Exhibit 144: Hitachi Ltd. - Segment focus

• 12.8 International Paper Co. 
• Exhibit 145: International Paper Co. - Overview
• Exhibit 146: International Paper Co. - Business segments
• Exhibit 147: International Paper Co. - Key offerings
• Exhibit 148: International Paper Co. - Segment focus

• 12.9 Koch Industries Inc. 
• Exhibit 149: Koch Industries Inc. - Overview
• Exhibit 150: Koch Industries Inc. - Product / Service
• Exhibit 151: Koch Industries Inc. - Key news
• Exhibit 152: Koch Industries Inc. - Key offerings

• 12.10 Mercer International Inc. 
• Exhibit 153: Mercer International Inc. - Overview
• Exhibit 154: Mercer International Inc. - Business segments
• Exhibit 155: Mercer International Inc. - Key offerings
• Exhibit 156: Mercer International Inc. - Segment focus

• 12.11 Metsa Board Oyj 
• Exhibit 157: Metsa Board Oyj - Overview
• Exhibit 158: Metsa Board Oyj - Product / Service
• Exhibit 159: Metsa Board Oyj - Key offerings

• 12.12 Nath Industries Ltd. 
• Exhibit 160: Nath Industries Ltd. - Overview
• Exhibit 161: Nath Industries Ltd. - Product / Service
• Exhibit 162: Nath Industries Ltd. - Key offerings

• 12.13 Nine Dragons Paper Holdings Ltd. 
• Exhibit 163: Nine Dragons Paper Holdings Ltd. - Overview
• Exhibit 164: Nine Dragons Paper Holdings Ltd. - Product / Service
• Exhibit 165: Nine Dragons Paper Holdings Ltd. - Key offerings

• 12.14 Nippon Paper Industries Co. Ltd. 
• Exhibit 166: Nippon Paper Industries Co. Ltd. - Overview
• Exhibit 167: Nippon Paper Industries Co. Ltd. - Business segments
• Exhibit 168: Nippon Paper Industries Co. Ltd. - Key offerings
• Exhibit 169: Nippon Paper Industries Co. Ltd. - Segment focus

• 12.15 Oji Holdings Corp. 
• Exhibit 170: Oji Holdings Corp. - Overview
• Exhibit 171: Oji Holdings Corp. - Business segments
• Exhibit 172: Oji Holdings Corp. - Key offerings
• Exhibit 173: Oji Holdings Corp. - Segment focus

• 12.16 Sappi Ltd. 
• Exhibit 174: Sappi Ltd. - Overview
• Exhibit 175: Sappi Ltd. - Product / Service
• Exhibit 176: Sappi Ltd. - Key offerings

• 12.17 WestRock Co. 
• Exhibit 177: WestRock Co. - Overview
• Exhibit 178: WestRock Co. - Business segments
• Exhibit 179: WestRock Co. - Key news
• Exhibit 180: WestRock Co. - Key offerings
• Exhibit 181: WestRock Co. - Segment focus

13 Appendix

• 13.1 Scope of the report 

• 13.2 Inclusions and exclusions checklist
• Exhibit 182: Inclusions checklist
• Exhibit 183: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 184: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 185: Research methodology
• Exhibit 186: Validation techniques employed for market sizing
• Exhibit 187: Information sources

• 13.5 List of abbreviations 
• Exhibit 188: List of abbreviations

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