Waste Paper Management Market likely to reach beyond USD 43.35 Billion by 2020 at a CAGR of 2.55%
The report "Waste Paper Management Market by Service & Equipment (Collection & Transportation, Recycling, Incineration, Disposal), Recovery (Containerboard, Newsprint, Tissue), Source (Commercial, Industrial, Residential), Paper Grade - Global Forecast to 2020", published by MarketsandMarkets, The global Waste Paper Management Market is projected to be valued at around USD 43.35 Billion by 2020, and to grow at a CAGR of 2.55% from 2015 to 2020.
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The waste paper management market is primarily driven by socio-economic factors such as public awareness and population trends. Laws and regulations enforced by governments is another major factor that compels paper & paper product manufacturers to manage and recycle waste papers. The key players of the waste paper management market prefer agreements, expansions & investments, and mergers & acquisitions to gain a larger share in the market. Leading waste management service providers are focusing on emerging countries that are estimated to show potential for industrial development in the near future.
Key companies profiled in the industry include Veolia Environnement S.A. (France), International Paper Company (U.S.), Waste Management, Inc. (U.S.), UPM-Kymmene OYJ (Finland), and WestRock Company (U.S.). Other players include Republic Services Inc. (U.S.), Mondi Group (South Africa), Georgia-Pacific LLC (U.S.), Sappi Ltd. (South Africa) and DS Smith Plc. (U.K.).
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