Published by Wanda Rich
Posted on February 26, 2025
Rising Hygiene Awareness, Sustainability Trends, and Aging Population Drive Softwood Pulp Market Growth Amid Challenges of Raw Material Costs, says Fact.MR in its latest market report.
ROCKVILLE, Md., A recently released research report by Fact.MR, a market research and competitive intelligence provider, states that the global Softwood Pulp Market is projected to reach US$ 25.6 billion in 2024 and grow at a 7.2% CAGR, reaching US$ 51.4 billion by 2034. Rising demand for paper bags as a substitute for polyethylene, especially in high-growth markets, is driving sales. Sustainability is a key factor, with regulatory bodies and consumers favoring eco-friendly products. This is pushing manufacturers to adopt sustainable forestry practices, reducing environmental impact and strengthening the market’s long-term growth prospects.
Softwood pulp is essential in producing paper products and dry tissues, with rising hygiene awareness driving increased consumption over the next decade. Its use in absorbent core products is growing due to properties like high absorption capacity. Expanding consumer spending on hygiene products, especially in Asia Pacific, is boosting market demand, largely due to heightened awareness of feminine hygiene. As the need for sustainable and high-performance hygiene solutions rises, the softwood pulp market is set for significant growth, shaping industry trends in the coming 10 years.
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Key Takeaway from Market Study:
“Market players should invest in advanced pulping technologies and sustainable forestry practices to enhance efficiency, reduce environmental impact, and capitalize on rising hygiene awareness and paper-based product demand despite raw material fluctuations.,” says a Fact.MR analyst.
Non-Composite Softwood Pulp Gaining Prominence in the Global Market
The demand for non-composite softwood pulp is rising due to its superior properties, including high folding strength, printability, and tensile strength. In 2024, the segment is valued at US$ 17.8 billion and is projected to grow at a 7.2% CAGR, reaching US$ 35.5 billion by 2034. By the end of 2034, non-composite softwood pulp is expected to hold a 69.2% market share globally. Its increasing adoption highlights the preference for high-performance, sustainable paper and packaging solutions in various industries.
Key Market Players:
Competitive Landscape:Key market players are focusing on enhancing supply chains, improving product quality, and developing new offerings to strengthen their market position and boost profitability. Additionally, companies are adopting strategies such as agreements, collaborations, mergers, and partnerships to gain a competitive edge and expand their market reach.
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More Valuable Insights on Offer:
Fact.MR, in its new offering, presents an unbiased analysis of the softwood pulp market, presenting historical demand data and forecast statistics for the period (2024 to 2034).
The softwood pulp market is segmented by source, including composites and non-composites, with non-composites gaining significant traction. By type, it is classified into bleached, unbleached, semi-bleached, and fused variants. In terms of applications, softwood pulp is widely used in paper production, absorbent core products, feminine hygiene products, wet wipes, and dry tissues. Geographically, the market is spread across North America, Europe, East Asia, Latin America, the Middle East & Africa, and South Asia & Oceania, reflecting global demand trends.
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