Global Wood Pulp Market Scale Expected to Reach USD 89,142 Million by 2029

According to research data from QYResearch, the global wood pulp market size in 2018 was 60.382 billion US dollars, and the global wood pulp market size in 2022 was 63.556 billion US dollars. The CAGR for the five-year period from 2018 to 2022 was 1.3%.

It is expected that the global wood pulp market size will reach $89.142 billion by 2029, with a compound annual growth rate of 4.6% from 2022 to 2029.

At present, the global wood pulp market is mainly dominated by manufacturers in Europe and South America.

In the coming years, the important market position of the Asia Pacific region will become more prominent, and in addition to China, Japan, South Korea, India, and Southeast Asia will also play important roles.

In 2022, broadleaf pulp accounted for 60.8% of global sales. It is expected that the market share of broadleaf pulp will further increase in the coming years. By 2029, the proportion of broadleaf pulp production will reach 63.6%.