As cited by the research report titled ‘Global Wood Pulp Market Size study, by Type (Hardwood and Softwood), by End-Use Industry (Packaging and Paper), and Regional Forecasts 2021-2027’, available with MarketStudyReport, global wood pulp market is projected to expand at 2.1% CAGR and garner significant returns over 2021-2027.
 

Increasing demand for wood pulp from paper applications and rising demand for tissue paper products are the major factors driving global wood pulp market growth. Advent of innovative and sustainable technology solutions are further generating lucrative prospects for the industry scenario.
 

Request sample copy of this report: https://www.marketstudyreport.com/request-a-sample/4219627/
 

As per Statista, the overall consumption of tissue paper worldwide is anticipated to increase from 41.5 million tonnes in 2020 to around 52 million tonnes by 2027. Such growth in the consumption of tissue papers is likely to increase the demand and adoption of wood pulp, thereby favoring the industry outlook.
 

For the record, wood pulp means wood that has been cut and mashed into small pieces for use in the production of paper and paper goods such as newspaper, various low-cost papers, and hardboard. Paper is made from finely pulped wood that has been digested with a chemical like caustic soda and bleached.
 

Breaking down wood logs and obtaining valuable cellulose fibers without destroying them is known to be a traditional method of pulp production. Separation can either be mechanical-(physical shear force is used to disintegrate logs into fibres) or can be chemical-(pressure, heat, and chemicals are used).
 

Speaking of negatives, stringent regulations are likely to act as bottleneck for the market progression over the projected timeframe.
 

Based on type, global wood pulp industry space is segmented into hardwood and softwood. Considering the end use range, the marketplace is bifurcated into packaging and paper.
 

The geographical analysis of the industry includes regions like Asia Pacific, Europe, North America, and Latin America. The report cites that Asia Pacific market is calculated to amass notable gains over 2021-2027, on account of rising disposable income, growing population, increasing demand of wood pulp from the packaging sector, and widespread adoption of paper-based print media in the region.
 

Prominent players profiled in worldwide wood pulp industry are WestRock, UPM-Kymmene Oyj, Svenska Cellulosa AB, Stora Enso Oyj, Sonoco Products Co., Sappi Limited, Oji Holdings Corporation, Nippon Paper Industries Co. Ltd., Mets Group, and International Paper Co.