Global Paperboard Recycling Market was valued at USD 8 Billion in 2022 and is projected to reach USD 10 Billion by 2030, growing at a CAGR of 3.0% from 2024 to 2030.
The paperboard recycling market has witnessed significant growth as global industries and governments emphasize sustainability. As a major contributor to reducing environmental impact, paperboard recycling not only minimizes waste but also conserves resources. Paperboard, a widely used packaging material in various industries, is now being increasingly repurposed for new production, creating a circular economy that reduces the need for virgin materials.
According to market reports, the paperboard recycling sector is poised to grow at a steady rate, driven by rising environmental awareness, advancements in recycling technologies, and stricter regulatory standards. In 2023, the global market size for paperboard recycling was valued at over USD 30 billion, with projections indicating a 5% annual growth rate over the next decade.
What makes paperboard recycling so critical is its contribution to reducing carbon footprints. By recycling paperboard, manufacturers can save energy, reduce greenhouse gas emissions, and lower their reliance on virgin wood. This trend is particularly significant in the food and beverage industry, where packaging plays a vital role. Brands are turning to recycled paperboard as a sustainable alternative to reduce their environmental footprint, prompting a shift towards eco-friendly practices across the supply chain.
Notably, advanced recycling processes have improved the quality of recycled paperboard. Innovations such as better sorting technologies, fiber recovery techniques, and chemical recycling processes have enhanced the efficiency of the recycling process. This has made it easier for companies to incorporate recycled materials into new packaging, further promoting the circular economy.
Governments worldwide are also taking action to encourage paperboard recycling. In the European Union, for instance, stringent recycling targets have been set for packaging waste, pushing companies to meet sustainability goals. As a result, the paperboard recycling market is expected to benefit from these regulatory shifts, which are creating new opportunities for growth.
With the increasing demand for sustainable solutions, the paperboard recycling market is likely to evolve further, benefiting both the environment and the global economy. The industry’s focus on innovative recycling techniques and sustainable practices will continue to drive growth, making paperboard recycling a key player in the future of packaging.
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Waste Management
Republic Services
Sonoco Recycling
Hanna Paper Recycling
WASCO
Perlen Papier
ST Paper Resources
Cascades Recovery
Global Wastepaper Recyclers
International Paper
Heinzel Group
DS Smith
Veolia Environment
Remondis
Kokusai Pulp & Paper
Huanjia Group
Shandong Century Sunshine
Northern International
China Recycling Development
Tianjin Wuchan
Homewood Disposal
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Paperboard Recycling Market
Wrapping Paper
Printing-and-Writing Paper
Other
Based on Types the Market is categorized into Below types that held the largest Paperboard Recycling market share In 2023.
Chipboard
Corrugated Cardboard
Other
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Global, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Paperboard Recycling Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Paperboard Recycling Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Paperboard Recycling Market, By Type
6. Global Paperboard Recycling Market, By Application
7. Global Paperboard Recycling Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Paperboard Recycling Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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