World Recovered Paper Usage to Surge by 2014
Feb. 15, 2010 - China's growing paper manufacturing industry is forecast to generate the majority of the growth in recovered paper demand over the next five years, according to an industry study.
According to Outlook for Global Recovered Paper Markets published by RISI, China's demand for recovered paper will outstrip domestic supply despite efforts by government and papermakers to increase collection.
On a worldwide scale, the RISI study indictaes that recovered paper usage will surge to 50 million tons by 2014, driven by developing regions' demand for an alternative to virgin fiber.
Rod Young, RISI's chairman, predicts that the supply side of the recovered paper market will see a lot of activity in the upcoming five years.
“Rising prices for recovered paper, along with huge increases in demand, would imply that larger companies will both be needed and interested in the supply side of this market.
“Mergers and acquisitions should be an active field in this industry,” he said.