According to a market report by Lucintel, the future of the global wood pulp market looks promising with opportunities in the printing paper, writing pape, and tissue paper markets. The global wood pulp market is expected to reach an estimated $219.7 billion by 2030 with a CAGR of 3.6% from 2024 to 2030. The major drivers for this market are increasing demand for paper production industry, growing demand for tissue paper products, and rising adoption of wood pulp in the manufacturing of decor and soft pieces used in the residential market.

A more than 150 – page report is developed to understand Trends, opportunity and forecast in wood pulp market to 2030 by product type (non-wood pulp, semi-chemical pulp, and chemical pulp), type (hardwood and soft wood), end use (printing paper, writing pape, tissue paper, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

In this market, non-wood pulp, semi-chemical pulp, and chemical pulp are the major segments of wood pulp market by product type. Lucintel forecasts that non-wood pulp will remain the largest segment over the forecast period due to the growing global consumption of tissue paper.

Within this market, tissue paper is expected to witness the highest growth due to an expansion in the world's supply of wrapping paper, which is mostly utilized in homes, restaurants, and restrooms.

North America is expected to witness highest growth over the forecast period as Canada produces a sizable amount of wood pulp, which helps in meeting the domestic and foreign demand for raw materials.

ARAUCO , UPM-Kymmene Oyj, Suzano Papel e Celulos, Mercer International, APRIL, Sappi, Nippon Paper, Sonoco Products, Canfor, and International Paper are the major suppliers in the wood pulp market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com