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Global Paper Recycling Market Report 2020-2025 - ResearchAndMarkets.com
February 3, 2021 GMT
DUBLIN (BUSINESS WIRE) Feb 3, 2021
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The Global Paper Recycling Market is estimated to be USD 45.5 Bn in 2020 and is expected to reach USD 56.2 Bn by 2025, growing at a CAGR of 4.3%.
Significant factors promoting the growth of the global paper recycling market are attributed to the increased threat towards the rapid depletion of resources. This has led to a conscious awareness of sustainability among the consumers and business enterprises with the increased adoption of eco-friendly products. Besides, recycled paper also offers various cost-benefit advantages as well as a favorable impact on the environment. These factors are further boosting the market growth.