Chemicals and Materials Waste Paper Management Market

Waste Paper Management Market is Growing Faster
than Expected
The Global Waste Paper Management Market is projected to be valued at around USD
43.35 Billion by 2020, and to grow at a CAGR of 2.55% from 2015 to 2020. The commercial
sector as a source of waste paper is projected to grow at the highest CAGR from 2015 to
2020. market has been growing proportionally with the increasing environmental concerns
among people and enforcement of stringent environmental laws & regulations.
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The waste paper management market is primarily driven by socio-economic factors such
as public awareness and population trends. Laws and regulations enforced by governments
is another major factor that compels paper & paper product manufacturers to manage and
recycle waste papers. The key players of the waste paper management market prefer
agreements, expansions & investments, and mergers & acquisitions to gain a larger share in
the market. Leading waste management service providers are focusing on emerging
countries that are estimated to show potential for industrial development in the near
future.
The waste paper management market is dominated by firms such as Veolia Environnement
S.A. (France), International Paper Company (U.S.), Waste Management, Inc. (U.S.), UPM-
Kymmene OYJ (Finland), and WestRock Company (U.S.). By gaining considerable expertise
and experience over the years, they have optimized their processes and practices to
become more efficient.
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