Recycled paper is becoming the mainstream packaging box material

Recycled paper is becoming the mainstream packaging box material
It is predicted that the recycled paper packaging market will grow at a compound annual growth rate of 5% in the next few years, and will reach the scale of 1.39 billion US dollars in 2018. mailer shipping box

The demand for pulp in developing countries has risen year after year. Among them, China, India and other Asian countries have witnessed the fastest growth in per capita paper consumption. The development of China’s transport packaging industry and the growing consumption scale have directly led to the growth of the market demand for paper packaging. Since 2008, China’s demand for paper packaging has been growing at an average annual rate of 6.5%, which is much higher than that of other countries in the world. The market demand for recycled paper is also rising. Pet food box

Since 1990, the recovery of paper and paperboard in the United States and Canada has increased by 81%, reaching 70% and 80% respectively. The average recovery rate of paper in European countries is 75%. food box

In 2011, for example, the amount of recycled paper exported by the United States to China and other countries reached 42% of the total amount of paper recycled that year. Hat box

It is predicted that by 2023, the global one-year supply gap of recycled paper will reach 1.5 million tons. Therefore, paper companies will invest in building more paper packaging enterprises in developing countries to meet the growing local market demand. Baseball cap hat box