Over the next five years, global recovered paper demand is forecasted to re-accelerate alongside recovering paper and board markets.
Though the recovered paper markets experienced volatility over the last few decades, growth has cooled in the last two years due to decelerating demand and slowing paper and board markets.
According to a new study, Outlook for Global Recovered Paper Markets published by RISI, world recovered paper consumption growth was down from 4% in last ten years to 1.7% per year in 2013.
Over the next five years, however, global recovered paper demand is forecasted to re-accelerate alongside recovering paper and board markets. Developing regions will account for about 90% of this demand and seek recovered paper from developed regions, which are major suppliers of recovered paper, the sudy predicts.
"We are expecting to see growth in global recovered paper demand at an average rate of 2.5% per year, reaching 346 million tonnes by 2029. Meanwhile, world paper and board output will expand by only 1.8% per year over the same period," said lead study author and Senior Recovered Paper Economist, Hannah Zhao.
