Wood Pulp Market to Garner $242.1 Billion, Globally, By 2030 at 3.9% CAGR, Says Allied Market Research - Seite 2

On the basis of the end-use industry, the papers segment is estimated to showcase the highest CAGR of 4.4% during the forecast period. However, the packaging segment held the largest share in 2020, accounting for more than half of the global wood pulp market, owing to rise in demand from pharmaceutical and food & beverage industries in India, China, and Japan.

Asia-Pacific, followed by North America, held the largest share

On the basis of geography, the market across Asia-Pacific accounted for the largest share in 2020, holding more than two-fifths of the global wood pulp market. In addition, the region is anticipated to register the highest CAGR of 4.7% from 2021 to 2030, due to rise in demand for packaging products from pharmaceutical and food & beverage industries.

Major Market Players

• International Paper
• Nippon Paper
• Metsä Group
• Sappi
• Oji Holdings Corporation
• Stora Enso
• Sonoco Products
• UPM-Kymmene Corporation
• Svenska Cellulosa Aktiebolaget
• WestRock

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