The briefing examines how the 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 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.
Digital innovations allow wood and paper product 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 productivity improvements.
Plant-based packaging materials have been gaining popularity, but solutions like waterproof coating do not allow for proper paper recycling, leading to waste piling up in landfills. Innovations allowing the application of biodegradable coatings are, however, coming into paper packaging production, allowing for fully recyclable paper products. Rising recyclability of paper products, especially packaging, will further boost industry demand.
The EU ban on single-use plastics, and growing anti-plastic sentiment are boosting demand for plant-based biodegradable products. Further investment in plastic waste reduction is set to benefit the paper and pulp industry, as viable and more sustainable alternatives to plastic packaging are sought.
Rising energy prices boost production costs and encourage manufacturers to adjust their production processes, improve energy efficiency and seek alternative energy sources, such as bio-based fuel and renewable electricity generation.
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