The scope of our recent study on the “Recycled Paper Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Type (Pre-Consumer Waste and Post-Consumer Waste); Application (Writing and Printing Paper, Containerboard, Newsprint Paper, Tissue and Others)” includes the description of factors fueling the market growth, estimation and forecast of revenue, and identification of significant market players and their key developments, along with providing market share analysis.

Stringent Governmental Regulations in Favor of Waste Management is Driving the Growth of Recycled Paper Market

Paper recycling is the process by which waste paper is turned into new paper products. The process involves the collection, sorting, shredding & pulping, filtering, contaminant removal & de-inking, and finishing for reuse of waste paper. Waste papers are obtained from discarded paper materials, paper mill paper scraps, and waste paper material discarded after consumer use. Waste paper, such as old newspapers, magazines, corrugated, wrapping, and packaging papers, among others, are recycled for reuse. The waste papers to be recycled are collected from the waste locations then sent to paper recycling facilities for further processing. Recycled paper offers various advantages, such as saving energy, water, and landfill space. It helps reduce greenhouse gas emissions, and recycled fiber is a sustainable, cost-saving resource for making new paper products.

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Based on application, the global recycled paper market is segmented into writing and printing paper, containerboard, newsprint paper, tissue, and others. The containerboard segment held the largest share in the global recycled paper tapes market in 2020. Containerboard also known as corrugated case material is a form of paperboard made specifically for corrugated board production. The containerboard is mostly made of natural unbleached wood fibers, and its color varies depending on the type of wood, pulping technique, recycling rate, and impurities content. Corrugated board is made from two types of paper: linerboard and corrugating media or fluting. A type of linerboard constructed from recycled fiber is known as "recycled containerboard" or "test liner." The production of containerboard is the highest of all types of paper in the world, with more than 100 million tons produced each year. It is primarily made from virgin and recycled fibers in specialist paper machines.

The COVID-19 pandemic had affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The chemical and materials industry was one of the major industries suffered serious disruptions such as supply chain broke and shutdowns of production plants, because of this pandemic. The shutdown of various manufacturing plants and factories in leading regions such as North America, Europe, Asia-pacific, South America, and the Middle East & Africa had affected the global supply chain and negatively impacted the manufacturing, delivery schedules, and sales of various goods. Further, various companies had already announced possible delays in product deliveries and slumped in future sales of their products.

In addition, the global travel bans imposed by countries in Europe, Asia, and North America affected the business collaborations and partnership opportunities. All these factors were anticipated to affect the chemical and materials industry in a negative manner, thereby acting as a restraining factor for the growth of various markets related to this industry in the coming months. The pandemic had directly affected the production and demanded, led to supply chain and market disruption, and had subsequently impacted the financial status of the firms and the global economy as a whole. Similarly, the recycled paper market was facing difficulties to grew due to a shortfall in production and insufficiency of transportation facilities.

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