Waste Paper Management Market to Grow by CAGR 2.55% to 2020
Reportlinker, New York, N.Y., USA, has available a new report titled Waste Paper Management Market by Service & Equipment, Recovery, Source, Paper Grade - Global Forecast to 2020. According to the report, demand for waste paper management services is projected to grow at a CAGR of 2.55%, in terms of value, from 2015 to 2020. The 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.
The Asia-Pacific region is estimated to account for the largest market share. North America and Europe have many established waste management service providers, because of the willingness of companies in the region to take up capital-intensive projects, along with the availability of technical expertise.
The waste paper management market is projected to witness the highest demand from the containerboard segment. The commercial sector is projected to account for the largest market share from 2015 to 2020.
This report covers the global waste paper management market in the major regions—North America, Europe, Asia-Pacific, and the Rest of the World (RoW)—for the key source sectors, which include release commercial, industrial, and residential.
This report analyzes various marketing trends and establishes the most effective growth strategy in the market. It identifies market dynamics such as drivers, restraints, opportunities, and challenges. Key players 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.) have also been profiled.
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