The global recycled cardboard market is anticipated to expand rapidly during the forecast period, due to the rise in demand for recycled cardboard in the packaging industry. Recycled cardboard is widely used in sustainable packaging, as it is non-toxic, biodegradable, and water soluble.
Impact of Covid-19 on Recycled Cardboard Market: Trends,
Opportunities and Global Industry Analysis
Recycled Cardboard: Introduction
The global recycled cardboard market is anticipated to expand rapidly during the
forecast period, due to the rise in demand for recycled cardboard in the packaging
industry. Recycled cardboard is widely used in sustainable packaging, as it is non-toxic,
biodegradable, and water soluble.
Key Drivers of Global Recycled Cardboard Market
Cardboard, also known as old corrugated cardboard, is a readily recyclable material.
Recycled cardboard is commonly used in supermarkets, restaurants, and other food
service businesses for products such as ice-packed produce and meat, because the wax
protects the cardboard from becoming soggy and breaking down.
Paper waste accounts for nearly 40% of all waste in the U.S., and paper production
contributes significantly to deforestation, as well as air, water, and land pollution. Paper
and cardboard products that end up in landfills release methane gas when they start to
decompose, further contributing to environmental pollution. However, of late, between
60% and 85% of all paper products, including cardboard, have been recycled. Recycling
cardboard is a simple and effective way to reduce the amount that ends up in landfills,
and lower the number of trees used in paper manufacturing.
Recycled cardboard creates 35% less water pollution and 74% less air pollution than
‘virgin’ paper pulp, thus making it significantly more sustainable. It can be recycled up to
five times, after which it can still be used as compost or animal bedding. Furthermore,
most cardboards do not undergo any bleaching process, thereby reducing the
environmental damage caused by toxic chemical runoff at paper mills.
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Packaging Application Segment to Create Lucrative Opportunities
In terms of value and volume, the packaging segment acco