The global Pulp & Paper Market is expected to gain impetus from the increasing usage of e-commerce platforms by youngsters to purchase cosmetics, groceries, and food items. It is mainly occurring because of the increasing usage of smartphones and internet worldwide. The report further mentions that the pulp & paper market size was USD 348.83 billion in 2019 and is projected to reach USD 368.10 billion by 2027, exhibiting a CAGR of 0.8% during the forecast period.

The outbreak of the COVID-19 pandemic has brought the world economy to a risky stage. It has disrupted supply chains, caused shortages of beds in hospitals, and halted production of a wide range of industries. Until a vaccine is found, we don’t know till how long this situation will persist. Our reports would help you in finding the right strategy to battle this pandemic.

To get to know more about the short-term & long-term impact of COVID-19 on this market, please visit: https://www.fortunebusinessinsights.com/enquiry/covid19-impact/pulp-and-paper-market-103447

This Report Answers the Following Questions:

Which region and segment would dominate the market?
How will the companies surge sales of pulp & paper in 2020?
Which strategies would be implemented by players to strengthen their positions?
What are the challenges, opportunities, dynamics, and growth drivers of the market?
Segment-

Wrapping & Packaging Segment to Lead Owing to Usage of Paper Based Packaging Products

Based on category, the market is fragmented into newsprint, sanitary, printing & writing, wrapping & packaging, and others. Out of these, the wrapping & packaging segment generated 52.9% pulp & paper market share in 2019 and is likely to dominate in the coming years. This growth is attributable to the rising usage of paper based packaging products. Additionally, the increasing penetration of the retail sector & e-commerce have surged the demand for wrapping & packaging paper.

Browse Complete Research Report Summary: https://www.fortunebusinessinsights.com/pulp-and-paper-market-103447

Fortune Business Insights™ lists out the names of all the prominent pulp & paper manufacturers operating in the market. They are as follows:

International Paper (Tennessee, USA)
Georgia-Pacific Corporation (Georgia, USA)
Nine Dragon Paper (Holdings) Ltd. (Hong Kong)
Stora Enso Oyj (Helsinki, Finland)
Sappi Limited (Johannesburg, South Africa)
Kimberly-Clark Corporation (Texas, USA)
UPM-Kymmene Oyj (Helsinki, Finland)
Svenska Cellulosa Aktiebolaget (SCA) (Sundsvall, Sweden)
Oji Holding Corporation (Tokyo, Japan)
Nippon Paper Industries Co., Ltd. (Tokyo, Japan)
The Smurfit Kappa Group (Dublin, Ireland)
WestRock (Georgia, USA)
Key Players Focus on Acquisitions & Investments to Intensify Competition

The market consists of numerous enterprises, but International Paper is the leading one. It provides papers of various grades, such as specialty papers, office papers, commercial printing papers, digital papers, and converting papers. Some of the others are mainly focusing on acquisitions and investments strategies to gain a competitive edge.