Wastepaper Management Services Sample Report Expanded
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According to a report released yesterday by WhaTech (Mount Macedon, Australia), more detail has been provided to the public for promotion of this past year's for-purchase report by RNR Market Research (Pune, India) titled 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 stating that the global market for wastepaper management has been growing proportionally with increasing environmental concerns among people and enforcement of stringent environmental laws and regulations.
This segment of the paper industry was described as being traditionally dominated by North America for more than a century now. North America is still the largest producer as well as consumer of paper and paper products with a yearly per capita consumption of 487 lb. of paper, the expanded report noted, though Asia is emerging more on market share globally than recycling per person.
The new information revealed a statement that North America and Europe have what are said to be many established waste management service providers, because of willingness of companies in the region to take up capital-intensive projects, along with availability of technical expertise.
The wastepaper management market, the expanded sample added, 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 and paper product manufacturers to manage and recycle wastepaper.
New information made available by RNR also indicated key players of wastepaper management market prefer agreements, expansions, and investments, and mergers and acquisitions to gain a larger share in market. Leading waste management service providers are focusing on emerging countries that are estimated to show potential for industrial development in the near future.
The report, as stated in the original sample, provides a complete analysis of key companies and competitive analysis of developments recorded in the industry during the past five years.
Overall global demand for wastepaper management services is projected to grow at a CAGR of 2.55%, in terms of value, from 2015 to 2020. Growth of this market is propelled by factors such as increasing urban population, increasing awareness programs for waste management, and stringent laws and regulations imposed by local governments.
Companies such as Veolia Environnement S.A. (France), International Paper Co. (U.S.), Waste Management Inc. (U.S.), UPM-Kymmene OYJ (Finland), and WestRock Co. (U.S.), Republic Services Inc. (U.S.), Mondi Group (South Africa), Georgia-Pacific (U.S.), Sappi Ltd. (South Africa), and DS Smith Plc. (U.K.) have all been profiled as major players, according to RNR.
