During 2023, the prices of paper scrap experienced mixed trends in different regions. Robust demand for paper scrap in the US drove up exports, particularly to nations like Thailand, where demand surged by nearly 120 percent. However, in Asian countries, demand fluctuated, especially in the second quarter. Despite expectations of increased demand, a weak performance in the packaging industry, linked to a sluggish property market, hindered sales growth. In China, while manufacturing resumed post-COVID restrictions and holidays, low procurement from domestic and international downstream sectors negatively impacted paper scrap prices. These regional variations reflected the dynamic nature of the paper scrap market.
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Definition
Paper scrap refers to discarded or unused paper materials that have reached the end of their initial use and are available for recycling. These materials can include newspapers, magazines, cardboard, office paper, and various printed products. The properties of paper scrap typically include being lightweight, flat, and composed of cellulose fibers derived from wood pulp. It can vary in size, thickness, and quality. The recyclability of paper scrap is a key property, as it can be processed and reused to produce new paper and cardboard products, making it an environmentally friendly and sustainable resource for the paper industry.
Key Details About the Paper Scrap Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on Paper Scrap in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.
The Paper Scrap Price chart, including India Paper Scrap price, USA Paper Scrap price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting the Paper Scrap Price Trend:
Paper scrap serves various industrial purposes through recycling and repurposing. In the paper industry, it’s a valuable raw material for producing new paper and cardboard products, including packaging materials, newspapers, and office paper. Additionally, paper scrap is converted into pulp for making molded paper products such as egg cartons, trays, and packaging materials. In construction, it’s used for insulation and as a component in particleboard and medium-density fiberboard. The packaging industry utilizes it for creating cardboard boxes and packaging inserts. Moreover, smaller paper scraps find applications in arts and crafts, while shredded paper scrap serves as packaging filler. This recycling of paper scrap reduces waste and conserves resources, promoting sustainable industrial practices.
Key Players:
- Cascades Recovery
- Global Waste Recyclers Ltd
- International Paper
- Perlen Papier AG
- Sonoco Products Company
- ST Paper Resources PTE LTD
- Shandong Century Sunshine
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