Wood Pulp Market Updates

Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to wood pulp market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.

Wood Pulp Market News

in Wood Pulp Market
  • In November 2024, Valmet, a renowned Finnish company known for offering process technologies was selected to supply a complete pulp mill to Aruaco, a renowned wood product company based in Brazil. Valmet was expected to offer full-scope automation and flow control solutions for the new mill that is estimated to start operations in the second half of 2027.
  • In July 2024, Suzano, a leading pulp manufacturer from the Latin American region announced the commencement of operations at its new eucalyptus pulp mill in Ribas do Rio Pardo, Mato Grosso do Sul. The facility is known as the Cerrado Project and features an annual production capacity of 2.55 million tons.
  • In February 2024, Mondi, a leading packaging manufacturer announced that it had completed the acquisition of the Hinton pulp mill. The company also had plans of expanding the facility by adding a new kraft paper machine with a capacity of 200,000 tons per year. The facility was intended to be fully integrated with Mondi’s Paper Bags operations in the American region.
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Global Wood Pulp Market size was valued at USD 146.99 Billion in 2023 and is poised to grow from USD 153.02 Billion in 2024 to USD 211.03 Billion by 2032, growing at a CAGR of 4.1% during the forecast period (2025-2032).

Wood pulp providers should focus on sourcing their products in an ethical manner to attract more end users and customers globally. Optimization of pulp manufacturing process technologies can also help improve profitability for wood pulp manufacturers. The packaging industry is slated to be a highly opportune segment for all companies as per this global wood pulp market forecast. 'Aruaco', 'Suzano', 'Mondi', 'Sappi', 'Oji Holdings Corporation', 'Nippon Paper', 'Svenska Cellulosa Aktiebolaget', 'WestRock', 'Metsä Group', 'Stora Enso.', 'UPM-Kymmene Corporation.', 'Sonoco Products', 'International Paper'

Rapidly surging awareness regarding personal hygiene coupled with growing global population are driving the sales of wood pulp. Extensive use of fluff pulp, a type of chemical wood pulp known for its high absorbency in products like tissues, sanitary napkins, and diapers is also boosting revenue. Emerging economies are expected to witness higher demand for such products going forward thereby boosting the global wood pulp market outlook.

Demand for Sustainable and FSC-Certified Pulp Products: Wood pulp manufacturers and suppliers are expected to focus on demand for FSC (Forest Stewardship Council)-certified wood pulp to ensure ethical forestry practices. Companies are actively publicizing their use of green pulp to build trust and brand loyalty, making sustainability not just an option but a competitive advantage in the global market. Hence, focusing on this wood pulp market trend is indispensable for companies looking to expand their sales potential in the long run.

How are Sales of Wood pulp Faring in the Asia Pacific?

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Global Wood Pulp Market
Wood Pulp Market

Report ID: SQMIG15P2024

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