Forestry, Wood and Paper Global Industry Overview

Delivery

This report comes in PPT.

Key Findings

Big data and digitalisation

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.

Rise of recyclable products

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.

Anti-plastic sentiment

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.

Slower construction activities globally to hamper industry’s growth

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.