Demand for Untreated Fluff Pulp Is Projected To Increase At a High CAGR of Around 6.6%: Fact.MR
According to
Fact.MR, a market research and competitive intelligence company, the global
market for fluff pulp is expected to be worth US$ 8.8 billion by the end of
2022, and to grow at a CAGR of roughly 6.4 % between 2022 and 2032. The
increased need for fluff pulp in the manufacturing of diapers and sanitary napkins
is primarily responsible for market expansion.
In Africa,
government and international organisations such as UNICEF and WHO are actively
involved in raising awareness among young girls about the necessity of feminine
hygiene products. As a result of this, numerous non-governmental organisations
(NGOs) in Africa have established their own sanitary napkin production
facilities in order to deliver goods at lower prices.
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Furthermore,
FMCG behemoths like P&G and Kimberly Clark are investing in African nations
to set up sanitary napkin manufacturing plants in order to close the
demand-supply imbalance. All of this speaks positively for the future need for
fluff pulp.
Key Takeaways from Market Study
- By source, loblolly pine fluff pulp
is projected to provide an absolute $ opportunity worth US$ 4.74 million
over the forecast period (2022-2032).
- Based on grade, demand for
untreated fluff pulp
is projected to increase at a high CAGR of around 6.6%.
- On the basis of application, fluff
pulp consumption for the production of absorbent core products is
anticipated to expand 1.8X by 2032.
- North America is projected to
capture around 13% of the global fluff pulp market share by 2032.
- Europe to provide an absolute dollar
opportunity worth US$ 838 million by 2032-end.
Key Segments of Fluff Pulp Industry Survey
By Source:
o Loblolly
Pine
o Slash
Pine
By Grade:
o Untreated
§ Bleached
§ Unbleached
o Treated
By Application:
o Absorbent
Core Products
§ Baby
Diapers
§ Adult
Diapers
§ Feminine
Hygiene Products
§ Sanitary
Napkins
§ Panty
Liners
§ Under
Pads
§ Breast
Pads
§ Wet
Wipes
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Competition Landscape
UPM,
Celulosa Arauco y Constitucion SA, Daio Paper, Domtar, FUJIAN XINGYUAN INDUSTRY
CO.,LTD, GP Cellulose, International Paper, Klabin SA, OASN Ltd, Rayonier
Advanced Materials Inc, Resolute Forest Products Inc, Suzano SA, WestRock
Company, and Stora Enso are some of the major fluff pulp suppliers.
- In January 2022, Stora
Enso announced that it would invest around US$ 48 million in 2022 on
new technology while it also restructures its fluff pulp production site
based in Skutskär, Sweden. This has been done to increase cost
efficiencies and reduce carbon footprint.
- In July 2019,
UPM announced to invest around US$ 2.7 billion in the construction of
a eucalyptus pulp mill with an annual capacity of 2.1 million tons, in
Uruguay. The investment is projected to enhance UPS’s earnings and help it
gain a competitive advantage.
Fact.MR has
provided detailed information about the price points of top fluff pulp
manufacturers positioned across regions, in addition to providing sales growth
information, production capacity, and speculative production expansion, in the
recently published report.
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* This article was originally published here
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