Press Release

United States Recovered Paper Market to Grow with a CAGR of 5.60% through 2028

Increasing government regulations and corporate sustainability goals is expected to drive the United States Recovered Paper Market growth in the forecast period, 2024-2028

 

According to TechSci Research report, “United States Recovered Paper Market–Industry Size, Share, Trends, Competition Forecast & Opportunities, 2018-2028F”, the United States Recovered Paper Market, by volume., stood at 41.84 Million tonnes in 2022 and is anticipated to project steady growth in the forecast period with a CAGR of 5.60% through 2028. The United States Recovered Paper Market is primarily driven by several key factors. Recovered paper refers to paper and paperboard products that have been used and collected for recycling. These materials are processed and repurposed into new paper and paperboard products. The recovered paper market is a vital component of the larger recycling industry, contributing to the circular economy by reducing the need for virgin pulp and conserving natural resources.

Growing environmental awareness has driven consumers and businesses to demand more sustainable and eco-friendly products. Recovered paper supports these initiatives by reducing the industry's carbon footprint and conserving trees, water, and energy. Federal and state governments have implemented various regulations and policies to encourage recycling and reduce landfill waste. These regulations have pushed industries to prioritize recycling and invest in recovered paper processing facilities

 

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United States recovered paper market has undergone significant developments in recent years, driven by sustainability initiatives, advancements in recycling technology, and changing consumer preferences. This industry, essential for the circular economy and the paper manufacturing sector, continues to evolve to meet the increasing demand for recycled paper products.

With more consumers shopping online, the demand for corrugated cardboard boxes and packaging materials has skyrocketed. This trend has created a substantial need for recovered paper, particularly Old Corrugated Containers (OCC). Companies are increasingly prioritizing sustainable packaging solutions, which further boosts the demand for recycled paper products in the packaging sector. Environmental consciousness among consumers and businesses alike has led to a greater focus on sustainability and recycling. This shift in mindset has encouraged companies to adopt more eco-friendly practices, including using recycled paper as a key component of their products. Businesses are recognizing the value of promoting their environmental efforts, driving demand for recycled content in various paper products.

The circular economy concept, which emphasizes reducing waste and maximizing the use of resources, has gained traction in the US. Recovered paper plays a central role in this model, as it can be recycled multiple times to produce various paper and cardboard products. The commitment to a circular economy has encouraged investments in recycling infrastructure and improved collection systems.

The United States Recovered Paper Market is segmented into grade, type, end user industry , regional distribution, and company. In the United States, the market for recovered paper is divided into various grades, each with its own characteristics and recycling applications. These grades help facilitate the recycling process and ensure that the recovered paper is used in the most appropriate and efficient manner. Here are more detailed descriptions of some common grades of recovered paper in the US market. OCC is the most widely recycled paper grade in the US. It primarily includes used corrugated cardboard boxes used for shipping and packaging. It is a valuable source of fiber for producing new corrugated boxes and other paper products. Mixed paper is a category that includes various types of paper and paperboard. It often contains a mix of magazines, newspapers, office paper, junk mail, and other paper products. Hard mixed paper includes a mix of paper and paperboard materials.

US recovered paper market is a dynamic and multifaceted industry that plays a crucial role in recycling and supplying raw materials to the paper and packaging sectors. Within this market, two prominent and essential segments are containerboard and tissue paper. Containerboard forms the basis for corrugated boxes and packaging materials, while tissue paper encompasses a range of products from facial tissue to toilet paper. Containerboard, also known as corrugated paperboard, is a heavyweight paper primarily used in the production of corrugated boxes and packaging materials. It is the backbone of the packaging industry, providing the structural integrity needed to protect and transport a wide range of goods. The recovered paper market in the US supplies a significant portion of the fiber required for containerboard production. Old Corrugated Containers (OCC) are the primary source of recovered fiber for this segment. As e-commerce continues to thrive and the demand for sustainable packaging materials rises, the importance of OCC and containerboard production grows.

United States recovered paper market is a complex and diverse industry with regional variations influenced by factors such as population density, industrial activity, recycling infrastructure, and economic conditions. The West Coast, including states like California, Oregon, and Washington, has a robust recycling culture and infrastructure. High population density and a strong focus on sustainability drive demand for recovered paper. The proximity to major ports facilitates the export of recovered paper to overseas markets, particularly in Asia.

The Midwest, which includes states like Illinois, Ohio, and Michigan, has a significant manufacturing presence, contributing to the demand for recovered paper for packaging and industrial applications. The region's paper mills rely on recovered paper as a key raw material for containerboard production. The Great Lakes region provides access to water transport, making it convenient for shipping recovered paper. The Northeast, comprising states like New York and Pennsylvania, has a mix of urban and rural areas, leading to varying recycling practices. Cities with high population density often have well-established recycling programs, while rural areas may have limited access to recycling facilities. 

 

Major companies operating in the United States Recovered Paper Market are:

  • International Paper
  • Westrock Co
  • Pratt Industries, Inc.
  • Sonoco Products Company
  • Cascades Inc
  • Packaging Corp Of America
  • Koch Industries

 

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“Containerboard and tissue paper are integral components of the US recovered paper market. These segments continue to evolve, driven by consumer preferences, technological advancements, and a growing emphasis on sustainability. As the demand for eco-friendly packaging and tissue products continues to rise, the role of recovered paper in meeting these demands becomes increasingly significant. The industry's ongoing commitment to sustainability ensures that containerboard and tissue paper will remain vital players in the circular economy of paper recycling,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

United States Recovered Paper Market By Grade (Low Grade Paper, High Grade Paper, Brown Paper, Others), By Type (Printing & Writing Paper, Newsprint, Tissue, Containerboard), By End User Industry (Food & Beverage, Electrical & Electronics, Automotive, Pharmaceuticals, Others), By Region, Competition, Forecast and& Opportunities, 2018-2028F”, has evaluated the future growth potential of United States Recovered Paper Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision-makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in United States Recovered Paper Market.

 

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