Though extended lockdowns amid COVID-19 have resulted in disruption of supply chains and production of pulp and paper around the world, demand for hygiene & personal care products, including tissue paper, increased. Such initiatives by big market players are projected to positively impact the pulp and paper industry in the near future.ĬOVID-19 Pandemic to Increase Demand for Tissue Paper in Healthcare Sector The bottle was designed to reduce plastic use and promote recyclability. For instance, in June 2021, Unilever, in association with Pulpex Consortium, launched the world's first paper bottle for laundry detergent solutions. Leading FMCG companies have started adopting paper-based packaging solutions to meet sustainable goals. However, the global industry faces growth challenges with increasing digitization and fluctuation in raw material availability. This industry is labor-intensive and plays a vital role in socio-economic as well as sustainable environmental development. The main products include wrapping paper, paper packaging material, writing paper, printing paper, tissue paper, rolls, specialty papers, and others. The industry manufactures pulp and paper products mainly from wood and other materials such as bamboo, rice husk, wheat straw, and others. This industry is important and forest-based and the largest industry in the world. Based on our analysis, the global market exhibited a decline of 0.1% in 2020 as compared to 2019. The global COVID-19 pandemic has been unprecedented and staggering, with pulp and paper experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The global pulp and paper market size was valued at USD 351.53 billion in 2021 and is projected to grow from USD 354.39 billion in 2022 to USD 372.70 billion by 2029, exhibiting a CAGR of 0.72% during the forecast period.

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