Market Size of Europe and MENA Pulp Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 3.78 % |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Europe and MENA Pulp Market Analysis
The wood pulp market is expected to witness a CAGR of 3.78% during the forecast period (2021 - 2026). With the focus now shifting towards eco-friendly and sustainability, paper packaging is expected to gain traction with many countries pushing for paper packaging products over plastic packaging, which poses a significant threat to the environment. Higher recycling demand will drive the use of paper as packaging material further, with consumers and businesses looking for solutions which helps in cost reduction as well as helps in keeping the environment safe while keeping government regulations intact.
- In MENA, changes in lifestyle and improvement in living standards, and an increase in consumer preference toward packaged and fresh food, is expected to boost the demand for paper packaging, thus raising the growth opportunities for the pulp market in the region. For instance, According to the BMI Risk/Reward Index report, the import net of re-exports was around AED 43 billion, with a domestic consumption size of AED 112 billion. 62% of the domestic food and beverage needs are derived from the local manufacturing industry that accounts for AED 69 billion. And so, the food and beverage sector is by far one of the most critical areas in terms of packaging, leading to increased growth of the pulp industry in the region.
- Due to the existence of established industries, like the pharmaceutical, food, and beverage Germany is the largest market in the region, owing to its dominance in the packaging industry. But due to the spread of COVID-19, as several European countries limit travel to stop the spread of coronavirus, the most significant paper pulp makers in the region stated transportation logjams are delaying shipments of the raw material. Germany and Spain shut their borders to non-essential travel in March, resulting in a shortage of pulp, which is used in products such as tissue paper and diapers and increased cost due to delays in raw material shipments causing machines to stop. This might increase prices and impact the market negatively.
- Many countries in Europe and Middle East & Africa have shut down in efforts to contain the spread of COVID-19. With reduced packaging demands comes reduced demand for pulp to make those products. But at the same time, toilet paper has witnessed radical shifts in supply and demand. However, mills working with recycled material are using deinking grades, which is a white waste paper with ink that must be removed are now in short supply. Therefore though, the manufacturers in the industry are still operating, even after faced by significant supply chain problems.
Europe and MENA Pulp Industry Segmentation
The pulp is gaining wide acceptance across various end-user industries for packaging purposes, such as food and beverage, healthcare, and consumer electronics, with the product range covering trays, clamshells, plates and bowls, and shippers.
Grade | |
Bleached Chemical Pulp (BCP) | |
Dissolving Wood Pulp (DWP) | |
Unbleached Kraft Pulp | |
Mechanical Pulp |
Application | |
Printing and Writing | |
Newsprint | |
Tissue | |
Cartonboard | |
Containerboard | |
Other Applications |
Geography | ||||||||||||||||
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Europe and MENA Pulp Market Size Summary
The Europe and MENA pulp market is poised for growth, driven by the increasing demand for eco-friendly packaging solutions and the rising consumption of tissue paper. The shift towards sustainable practices is encouraging the use of paper packaging over plastic, aligning with global environmental goals and regulatory frameworks. In the MENA region, improved living standards and a growing preference for packaged foods are boosting the demand for paper packaging, thereby creating significant opportunities for the pulp industry. Germany stands out as a key player in Europe due to its robust packaging industry, although challenges such as supply chain disruptions from the COVID-19 pandemic have impacted raw material availability and costs. Despite these challenges, the industry continues to operate, leveraging recycled materials and sustainable practices to meet demand.
The pulp and paper industry in Europe and MENA is characterized by a moderate growth trajectory, supported by technological advancements and strategic investments. The market is partially consolidated, with major players like Stora Enso and UPM making significant investments to enhance production capacities and sustainability initiatives. The demand for tissue paper, in particular, has surged due to the pandemic, prompting manufacturers to increase production levels. This demand is further fueled by rising income levels and a young population in the MEA region. However, economic slowdowns and global trade tensions have posed challenges, impacting paper and board consumption in Europe. Despite these hurdles, the market remains resilient, with a focus on innovation and sustainability driving future growth.
Europe and MENA Pulp Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Industry Value Chain Analysis
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1.3 Industry Attractiveness - Porter's Five Forces Analysis
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1.3.1 Bargaining Power of Suppliers
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1.3.2 Bargaining Power of Consumers
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1.3.3 Threat of New Entrants
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1.3.4 Threat of Substitutes
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1.3.5 Intensity of Competitive Rivalry
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1.4 Market Drivers
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1.5 Market Restraints
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1.6 Assessment of Impact of Covid-19 on the Industry
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2. MARKET SEGMENTATION
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2.1 Grade
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2.1.1 Bleached Chemical Pulp (BCP)
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2.1.2 Dissolving Wood Pulp (DWP)
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2.1.3 Unbleached Kraft Pulp
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2.1.4 Mechanical Pulp
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2.2 Application
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2.2.1 Printing and Writing
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2.2.2 Newsprint
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2.2.3 Tissue
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2.2.4 Cartonboard
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2.2.5 Containerboard
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2.2.6 Other Applications
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2.3 Geography
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2.3.1 Europe
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2.3.1.1 United Kingdom
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2.3.1.2 Germany
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2.3.1.3 France
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2.3.1.4 Italy
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2.3.1.5 Spain
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2.3.1.6 Portugal
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2.3.1.7 Netherlands
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2.3.1.8 Greece
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2.3.1.9 Austria
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2.3.1.10 Belgium
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2.3.1.11 Switzerland
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2.3.1.12 Russia
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2.3.1.13 Romania
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2.3.1.14 Rest of Europe
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2.3.2 Middle East and North Africa
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2.3.2.1 United Arab Emirates
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2.3.2.2 Saudi Arabia
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2.3.2.3 Iran
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2.3.2.4 Israel
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2.3.2.5 Jordan
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2.3.2.6 Syria
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2.3.2.7 Bahrain
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2.3.2.8 Kuwait
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2.3.2.9 Lebanon
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2.3.2.10 Egypt
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2.3.2.11 Tunisia
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2.3.2.12 Morocco
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2.3.2.13 Algeria
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2.3.2.14 Rest of MENA
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Europe and MENA Pulp Market Size FAQs
What is the current Europe and MENA Pulp Market size?
The Europe and MENA Pulp Market is projected to register a CAGR of 3.78% during the forecast period (2024-2029)
Who are the key players in Europe and MENA Pulp Market?
Atrak Pulp and Paper Industries, Middle East Paper Company (MEPCO), Stora Enso, UPM and SCA are the major companies operating in the Europe and MENA Pulp Market.