Webinar: Global Recovered Paper Market - Statistics, Trends, and Outlook
Join our live webinar to get insights into the global recovered paper market.
We are hosting a 40-minute live webinar on the recovered paper market.
Join us to get the main macroeconomic statistics around the production and trade, and talk over the challenges and the nearest future of the market.
We invite speakers from the industry to share their thoughts on how they are going through this difficult time.
Listen to stories from entrepreneurs from around the world and share yours!
Key Trends and Insights
Paper recycling worldwide is increasing robustly. According to the European Paper Recycling Council, paper recycling in the EU reached 72% in 2019. The U.S. attained a record recycling performance indicator of 68.2% in 2018; this figure then started to drop to 65.7% in 2020, following a decline in the volume of American waste paper being processed abroad. Despite the rise in paper recycling facilities in the U.S., the country has not yet overcome its shortage of reprocessing plants.
In 2020, global imports of waste and scrap of paper and paperboard declined by 15% against the previous year (IndexBox estimates). This decline was largely a result of China's systematic curb of paper waste imports, an initiative aimed at improving the country's environmental situation.
Since 1 January 2021, a full ban has been in force in China regarding solid waste imports, which were to be sent for recycling inside the country. This ban also includes all paper waste. Indonesia has also announced similar plans to curb waste imports. The EU and the U.S. now face the emerged issue of rearranging supply chains in paper recycling.
With approx. $1.7B of imported paper waste, China accounted for approx. 29% of the recycling of global waste and scrap paper and paperboard before 2021. Now, this market share is to be captured by other actors. India, Vietnam and Malaysia, among others, have started to increase the volume of imported paper waste, thereby partially sustaining the global recycling balance.
The recycling of paper and cardboard is set to increase worldwide, in line with the global shift to a circular economy. A decline in the global export and import of waste paper products is therefore equally forecast, against increasingly stringent environmental standards in particular countries. The key exporters of paper waste, such as the U.S., the UK, and Japan will now be forced to develop their own paper and cardboard recycling capacity.
The mission is to create value for recovered (recycled) paper generators, processors, paper mills, and other consulting firms by reducing costs, increasing revenue, and finding solutions for the challenges our industry faces.
Market Analyst, Editor
For over 10 years now, IndexBox has been conducting market research, completing consulting work, and selling reports.
Mid-America has been a leader in the recycling industry since 1926. We’re one of the largest independent brokers, processors, and exporters of recovered paper and plastics in the Central US.
Chief Executive Officer
Group EcoBox is passionate about environment friendly packaging and materials. If you are looking for a solid partner for your packaging, then we are your one stop solution. Group EcoBox is a proud owner of EcoPetBox. EcoPetBox is aiming to be a global leader with disposable environment-friendly products made from recycled materials.