2023 insights on major grades of the pulp and paper industry: Containerboard // P&W Paper // Tissue & Towel // Market Pulp
(Charlotte, N.C, USA, Nov 16, 2023) The 2023 global economy has been a nuanced interplay of global events and policy changes that have left many uncertain about its future trajectory. These developments have had far-reaching effects on various industries, including the pulp and paper industry, impacting factors such as prices and demand patterns.
As we approach the new year, let’s look back and review how different pulp and paper grades fared during the year.
Excerpts:
Containerboard
Containerboard, the dominant major grade in the industry, continued to maintain its stronghold, accounting for roughly 39% of annual capacity production. Since 2020, it has witnessed a compound annual growth rate (CAGR) of 3.67%. This was driven by a surge in demand that swept the sector in 2020 and 2021. ….
Printing and Writing Paper
Accounting for 13% of global pulp and paper capacity, printing and writing paper has experienced a negative CAGR of -1.68% since 2020. Despite a short-term bump in capacity production in 2022 due to a slight economic recovery and easing of COVID restrictions, printing and writing paper have been a declining grade for as far back as 2013. …..
Tissue and Towel
Despite accounting for only about 9% of global pulp and paper capacity, the tissue and towel sector is currently one of the fastest growing in the industry. Since 2020, it has experienced an impressive compound annual growth rate (CAGR) of 4.25%. ....
Market Pulp
Market pulp is the second largest major grade in the pulp and paper industry, making up about 16% of global capacity. Since 2020, it has experienced a CAGR of 1.87% and is the only major grade where Latin America takes the lead in production instead of the Asia Pacific region. …
To read complete report Go To: https://www.resourcewise.com/forest-products-blog/2023-insights-on-major-grades-of-the-pulp-and-paper-industry (Source: Resourcewise.com)
Pic: Image for representational purposes only