This briefing examines how the forestry, wood and paper industry is performing globally and in the largest countries in terms of forestry, wood and paper output. The report also provides data for production, market size, imports, exports, industry costs, industry profitability and number of companies. The industry and market overview provide benchmarks against other countries in the region.
This report comes in PPT.
Advancements in digital technologies enable wood and paper product manufacturers to enhance productivity and improve production quality. Big data analysis presents avenues for enhanced process management and more refined production planning. Technological innovations are set to be pivotal in the industry’s future progress, providing solutions to reduce costs and bolster productivity.
The rise in popularity of plant-based packaging materials faces a challenge, as waterproof coatings hinder proper paper recycling, contributing to increased waste accumulation in landfills. Nonetheless, advancements enabling the use of biodegradable coatings in paper packaging production are emerging, facilitating the creation of fully recyclable paper products. Improvements in the recyclability of paper products, particularly packaging, are expected to augment industry demand significantly.
The prohibition of single-use plastics by the EU and an escalating aversion to plastic are leading to an increased desire for plant-based biodegradable products. Additional investments directed towards curbing plastic waste are anticipated to be advantageous for the paper and pulp industry. This is due to the growing search for feasible and environmentally sustainable substitutes for plastic packaging.
While governments are committed to infrastructure spending, supporting the construction sector globally, high interest rates will continue to hamper private construction in the medium term. Emerging countries are still experiencing solid construction demand, but developed economies are seeing setbacks in construction activities, dragging down global demand for wood and wood products.
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