It Is Estimated That By 2020 The Global Average Annual Growth Rate Of Waste Paper Market Will Reach 2.55%
It is estimated that by 2020 the global average annual growth rate of waste paper market will reach 2.55%
According to reports from foreign countries and the report published by Markets and Market: "Waste paper application market: services and facilities (collection and transportation, recycling, incineration, treatment), recycled products (cardboard, newsprint, tissue), source (commercial, Industry, residents), paper varieties - global forecast for 2020, "is expected by 2020, the global application of waste paper market will reach about 433.5 billion US dollars, 2015-2020 compound annual growth rate (CAGR) will reach 2.55 %.
Waste paper Recycling of recycled products including cardboard, newsprint, tissue and other paper and cardboard. With the recycling of waste more and more common practice, the application of waste paper is expected to show significant growth.
China, Brazil and India and other developing markets, is becoming the growth of waste paper market applications. Economic growth, population growth, and the resulting increase in disposable income are the main factors for the increased opportunities for development in these countries. The improvement of waste paper processing facilities has contributed to the growth of demand for waste paper in mature economies in Europe and the United States. Consumers are increasingly concerned about environmental safety, but also an important driving force for the development of waste paper market.