The briefing examines how forestry, wood and paper industry performs 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’s costs, industry’s profitability and number of companies. The industry and market overview provide benchmarks against other countries in the region.
During COVID-19 lockdowns, booming online sales are projected to maintain solid growth pace over 2021-2025, driving demand for paper and cardboard packaging and corrugated boxes used for deliveries. Strong demand will support the paper industry’s growth.
Digital innovations allow wood and paper products manufacturers to increase productivity and improve production quality, while big data analysis provides opportunities for better process management and production planning. Innovations in technologies will play an important role in the industry’s future development, offering cost-cutting solutions and production improvements.
Plant-based packaging materials have been gaining popularity, yet solutions such as waterproof coating do not allow for proper paper recycling, piling up in landfills. Innovations allowing the application of biodegradable coatings are coming into paper packaging production, allowing for fully recyclable paper products. Rising recyclability of paper products, especially packaging, will further boost demand in the industry.
The EU-imposed ban on single-use plastics and expanding anti-plastic sentiment is boosting demand for plant-based biodegradable products. Further investments in plastic waste reduction are set to benefit the paper and pulp industry, as viable and more sustainable alternatives for plastic packaging are introduced.
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