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Team Mindcraft
Rohit Joshi Harshit Rawat
UG Student UG Student
Department of Computer Science & Engineering Department of Computer Science & Engineering
Sharda University Sharda University
BACHELOR OF TECHNOLOGY
Session 2020-21
Regardless of being profoundly recyclable material, PET material isn't yet reused
over 30% of its yearly utilization. Developing worry towards polymer-based
items won't just lessen its future possibilities yet at the same time increment the
interest for paper and paperboard which is completely bio-degradable in nature.
Reusing of paper has become a significant pattern in the paper and paper board
industry, principally because of inaccessibility or shortage of the crude material.
Reusing of paper saves an ever-increasing number of regular assets as well as
saves bunches of other costs.
Essential application for the reused paper is the newsprint paper, printing and
composing paper, and bundling items. Over 35% of the paper raw material
consumed, in the nation like India, is satisfied by the recycled paper. [3]
India imports a lot of recovered paper to meet its domestic demand due to
lack of waste paper collection and segregation channels in the country.
The Indian recycling industry needs nearly 14 million tonnes of waste paper to
meet current demands.
Domestic recycling only produces 30% of that amount, and recycling levels are
only half the global average.
So, the demand for waste paper from abroad is likely to remain strong.[4]
Paper Recycling Market: Market Dynamics
Significant difficulties in the paper reusing market are the significant expense of
apparatus, wasteful waste paper assortment and isolation framework, and high
rivalry from the worldwide players. Essential focal point of the nearby paper
recyclers is to build up legitimate assortment and isolation frameworks to work
with the assortment of the waste paper in the area. Driving reusing organizations
are building up programmed and profoundly productive reusing frameworks to
check high assembling cost and dispose of work escalated tasks via mechanizing
the current interaction. There are bunches of chances in the paper reusing market
in the non-industrial nations, for example, China, since it is the main shipper of
the waste paper on the planet. This situation could be switched by the increment
in homegrown creation/collection of the reused paper in the country.
Some of the leading players in the Indian paper and paper products market are
Ballarpur Industries Limited (BILT), Tamil Nadu Newsprint and Papers Limited,
Genus Paper & Boards Limited, JK Paper Ltd., Century Pulp & Paper Limited,
Seshasayee Paper & Boards Limited, ITC Paperboards and Specialty Division
Ltd., Rainbow Papers Ltd., Westcoast Paper Mills, International Paper APPM
Ltd., Khanna Paper Mills Private Limited, among others.
India’s share in the demand for paper across the globe were analyzed is growing,
as the domestic demand is increasing at a steady pace, while the demand in
western nations is shrinking. Notably, the demand for domestic paper in India
rose from 9.4 million tones in FY08 to 15.4 million tones in FY16.[6]
Paper Recycling Market: Market Segmentation:
Paper Recycling Market Segmentation: By Source of Collection
• Industries
• Offices
• Households
• Newsprint Paper
• Cardboard
• Packaging Products
• Kerb-side Pick-up
• Retail
The Indian paper & paper products market size was calculated by using a top-
down approach, wherein data for various end-user segments was recorded and
forecast for the future years. These values are sourced from the industry experts
and company representatives and externally validated through analysing
historical data of these product types and applications for getting an appropriate,
overall market size. Various secondary sources such as company websites, news
articles, press releases, company annual reports, investor presentations and
financial reports were also studied.
References:
[1] Tomas Ekvall, A market-based approach to allocation at open-loop recycling,
Resources, Conservation and Recycling, Volume 29, Issues 1–2,2000
https://www.sciencedirect.com/science/article/pii/S0921344999000579
[2] Abby Prestin, Katy E. Pearce, We care a lot: Formative research for a social marketing
campaign to promote school-based recycling, Resources, Conservation and Recycling, Volume
54, Issue 11, 2010
https://www.sciencedirect.com/science/article/pii/S0921344910000509
[3] Paper Recycling Market: Global Industry Analysis 2013 - 2017 and Opportunity Assessment;
2018 - 2028
https://www.futuremarketinsights.com/reports/paper-recycling-market
[4] Why India is a world leader in waste paper, Navin Singh Khadka,
Environment correspondent, BBC World Service
https://www.bbc.com/news/world-asia-india-46641059
[5] Waste Paper Recycling Market to 2027 - Global Analysis and Forecasts by Type (Corrugated
Cardboard, Newspapers, Magazines, White Office Paper, and Mixed Paper); Application
(Wrapping Paper, Printing and Writing Paper, and Others), and Geography
https://www.theinsightpartners.com/reports/waste-paper-recycling-market
[6] India Paper & Paper Products Market By Application (Writing & Printing Paper, Paperboard &
Packaging, Newsprint and Specialty Paper), By Raw Material (Waste & Recycled Paper,
Wood and Agro Residue), Competition, Forecast & Opportunities, 2024, TechSci Research
https://www.researchandmarkets.com/reports/4769674/india-paper-and-paper-products-market-by