Middle East and Africa Recycled Paper Market

Market Introduction

The demand for recycled paper market is growing on account of increasing urbanization and surge in literacy rates in developing countries, which create huge demand for paper products such as writing and printing paper, containerboard, newsprint paper, tissue. The container board segment is dominating the market due to the increasing demand from various industries such as food & beverage, pharmaceutical, and cosmetics.

Moreover, the increasing use of powder metallurgy in the automotive industry are expected to bolster the market growth during the forecast period. However, fluctuations in the raw material prices limit the growth of the Middle East & Africa recycled paper market.

In the Middle East and Africa region, South Africa and Israel are among the major countries with high number of COVID-19 confirmed cases and deaths. According to the International Finance Corporation, the COVID-19 pandemic has a severe impact on the economy of the Middle East & Africa which has led to a decline in oil production, tourism, and remittances. The Middle East and Africa region comprises many growing economies, which are prospective markets for recycled paper vendors. The pandemic has significantly slowed down the growth of recycled paper market in the region due to the negative impact on the growth of industries such as writing and printing paper, containerboard, newsprint paper, and others.

Market Overview and Dynamics

The Middle East & Africa recycled paper market is expected to reach US$ 635.9 million by 2028 from US$ 550.2 million in 2021. The market is estimated to grow at a CAGR of 2.1% from 2021–2028. One of the most significant properties of paper is its potential to be recycled numerous times that saves the cost involved in the production of new paper. The recycling of paper is known to conserve natural resources, thus reducing greenhouse emissions, saving energy, and keeping the landfill space free for other types of trash. Global warming and habitat destruction are a few of the major effects of deforestation; the recycling of waste paper reduces the need for manufacturing virgin paper and deforestation. It has been noted that the recycling of a ton of paper can save ~17 trees; 380 gallons of oil; 7,000 gallons of water; and ~4,000 KW of energy—along with bringing down the greenhouse emission by a metric ton of carbon equivalent. The decomposition of papers in the landfills generates methane, which has 21 times higher heat trapping power as compared to carbon dioxide. Such advancements lead to development of Middle East & Africa recycled paper market.

Key Market Segments

In terms of type, the pre-consumer waste segment accounted for the largest share of the Middle East & Africa recycled paper market in 2020. In terms of application, the containerboard segment accounted for the largest share of the Middle East & Africa recycled paper market in 2020.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the recycled paper market in Middle East & Africa are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Global Waste Recyclers Ltd, Heinzel Holding GmbH, International Paper, Sonoco Products Company, and WASCO.

Reasons to Buy Report

• To understand the Middle East & Africa recycled paper market landscape and identify market segments that are likely to guarantee a strong return
• To comprehend the ever-changing market landscape and stay ahead in competition
• To efficiently plan merger and acquisition, and partnership deals in the Middle East & Africa recycled paper market by identifying segments with the most promising probable sales
• To make knowledgeable business decisions from perceptive and comprehensive analysis of the market performance of various segments
• To obtain market revenue forecast of the Middle East & Africa recycled paper market based on various segments for the period 2021–2028

MIDDLE EAST & AFRICA RECYCLED PAPER MARKET SEGMENTATION

By Type

• Pre-consumer Waste
• Post-consumer Waste

By Application

•  Writing and Printing Paper
• Containerboard
• Newsprint Paper
• Tissue
• Others

By Country

• Middle East & Africa
• UAE
• Saudi Arabia
• South Africa
• Rest of Middle East & Africa

Companies Mentioned

• Global Waste Recyclers Ltd            
• Heinzel Holding GmbH                                  
• International Paper       
• Sonoco Products Company        
• WASCO           

Middle East and Africa Recycled Paper Strategic Insights

Strategic insights for the Middle East and Africa Recycled Paper provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

Middle East and Africa Recycled Paper Report Scope

Middle East and Africa Recycled Paper Regional Insights

The geographic scope of the Middle East and Africa Recycled Paper refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.