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Global Wastepaper Management Market 2019-2023 | Environmental Benefits of Recycling Wastepaper to Boost Growth| Technavio

September 11, 2019
Global Wastepaper Management Market 2019-2023 | Environmental Benefits of Recycling Wastepaper to Boost Growth| Technavio
Global Wastepaper Management Market 2019-2023 | Environmental Benefits of Recycling Wastepaper to Boost Growth| Technavio

LONDON--(BUSINESS WIRE)--Sep 11, 2019--

The global wastepaper management market size is poised to reach USD 6.23 billion by 2023, according to a new report by Technavio, progressing at a CAGR of close to 4% during the forecast period.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190911005389/en/

Technavio has published a new market research report on the global wastepaper management market. (Graphic: Business Wire)

“The growing concerns over global warming, extreme weather changes, and rising population levels are pushing organizations to implement go green initiatives. Go green processes rely on eco-friendly practices that are highly efficient and lead to a reduction in operating costs. Such initiatives will increase the demand for recycled paper, thereby fueling the wastepaper management market growth,” says a senior analyst at Technavio. Request Free Sample Pages

The market is driven by the environmental benefits of recycling wastepaper. In addition, the growing urbanization and literacy rate are anticipated to further boost the wastepaper management market during the forecast period.

Paper is used in large volumes by government offices, corporate organizations, and educational institutions, among others. As a result, a large volume paper is manufactured every year, while recycling paper accounts for a minor share in the volume of paper consumed. However, manufacturers are increasingly emphasizing on the recycling of paper over the years owing to environmental benefits. Other than reducing GHG emissions, the recycling of paper offer benefits such as the reduction in landfill space, saving water, and preserving natural resources. The environmental benefits of recycling wastepaper will drive the growth of the wastepaper management market during the forecast period.

The growth in world population, improvements in the standard of living, and the availability of improved facilities and infrastructure in urban areas are contributing to the increasing urbanization globally. The rise in urban population stimulates the need for public infrastructures, such as schools and colleges. These educational facilities consume a significant amount of paper and ensure the availability of a large volume of paper supply for recycling purposes. This will have a positive impact on the growth of the wastewater management market during the forecast period.

For More Information: Request Free Sample Pages

The report includes detailed profiles of the leading companies & prominent vendors of the market:

Market Segmentation by Service:

The wastepaper management market can be broadly categorized into the following product segments:

Key Regions for the Wastepaper Management Market:

Featuring a breakdown of region-wise market shares until 2019.

Some of the key topics covered in the report include:

Market Landscape

Market Sizing

Vendor Landscape

Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more.Request a free sample report

Related Reports on Industrialsare:

Commercial Aircraft Curtains Market – Global Commercial Aircraft Curtains Market by end-users (widebody aircraft, narrowbody aircraft, and regional aircraft) and geography (APAC, Europe, MEA, North America, and South America).

Commercial Aircraft Doors Market – Global Commercial Aircraft Doors Market by type (passenger doors, cargo doors, and others) and geography (APAC, Europe, MEA, North America, and South America).

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at media@technavio.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190911005389/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

www.technavio.com

KEYWORD:

INDUSTRY KEYWORD: ENVIRONMENT

SOURCE: Technavio Research

Copyright Business Wire 2019.

PUB: 09/11/2019 07:11 AM/DISC: 09/11/2019 07:11 AM

http://www.businesswire.com/news/home/20190911005389/en

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