Middle East and Africa Paper Recycling Market Share, Trends, Demand, Revenue, Competition, Challenges and Future Investment Opportunities Till 2033


Middle East and Africa Paper Recycling Market Share, Trends, Demand, Revenue, Competition, Challenges and Future Investment Opportunities Till 2033: SPER Market Research

 Category : Chemical & Materials

 Published: Mar-2024
 Author: SPER Analyst

Middle East and Africa Recycled Paper Market is projected to be worth USD 715.61 million by 2033 and is anticipated to surge at a CAGR of 2.39%.

An environmentally friendly substitute for conventional paper derived from virgin wood pulp is recycled paper. To make it, discarded paper goods including office paper, magazines, newspapers, and cardboard are gathered, processed, and then broken down into fibers to make new paper. By lowering the need for virgin wood pulp, this approach contributes to forest preservation and lessens the negative environmental effects of paper manufacture. Recycled paper has a smaller carbon footprint than regular paper since it is made using less energy and water.

Middle East and Africa Recycled Paper Market Driving Factors and Challenges

Drivers:- There some various growth drivers that fueling the market growth. The use of recycled paper as a packaging material in a variety of industries, including the food and beverage and pharmaceutical sectors, has propelled the demand for recycled paper. Paper use, especially recycled paper, is being favored over non-biodegradable plastic as a packing material as environmental concerns continue to gain traction. The trend is quickly moving toward using paper that is already in circulation, or recycled paper, as the cutting of trees is seen with growing distaste due to environmental concerns. Government programs that promote the use of recycled paper and impose strict limits on the use of non-biodegradable competitors are contributing to the increase in demand for the product.

Challenges:- Paper recycling in the Middle East and Africa is beset with numerous significant challenges. One of the biggest problems is that recycling facilities lack the necessary infrastructure and money. For this reason, many of these countries have difficulty setting up efficient recycling processes for paper products since waste management systems receive little financing. Inadequate public education and understanding about the need of recycling can also contribute to low participation rates in recycling programs. Paper and other recyclables can be hard to sort and collect due to inadequate transportation networks and informal waste collection practices.

Impact of COVID-19 on Middle East and Africa Recycled Paper Market
The COVID-19 pandemic has had a significant negative impact on the recycled paper industry throughout the Middle East and Africa. Like many other industries, the recycling industry in these locations has faced supply chain disruptions, declining demand, and operational challenges. The amount of recyclable paper waste produced has dropped as a result of lockdowns and travel restrictions implemented to stop the virus's spread. This includes a reduction in commercial activity, including that of offices, schools, and companies. The economic downturn brought on by the epidemic has also limited investment in recycling technology and infrastructure, which has hampered the expansion of the sector.

Middle East and Africa Recycled Paper Market Key Players:
The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players are; Global Waste Recyclers Ltd, Heinzel Holding GmbH, International Paper, Sonoco Products Company, WASCO.

Middle East and Africa Recycled Paper Market Segmentation:

By Type: Based on the Type, Middle East and Africa Recycled Paper Market is segmented as; Pre-consumer Waste, Post-consumer Waste.

By Application: Based on the Application, Middle East and Africa Recycled Paper Market is segmented as; Writing and Printing Paper, Containerboard, Newsprint paper, Tissue, Others.

By Region: This research also includes data for Saudi Arabia, U.A.E, Israel, South Africa, Egypt, Rest of Middle East and Africa.

This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.

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