Waste Paper Management Market - Projected to be Valued at USD 43.35 Billion by 2020 and to Grow at a CAGR of 2.55% From 2015 to 2020

The demand for waste paper management services is projected to grow at a CAGR of 2.55%, in terms of value, from 2015 to 2020. The waste paper management market has been growing in accordance with changing consumer lifestyles and increasing urbanization. 

Factors such as growing population and increasing income levels of people have generated new opportunities for the waste management market after the economic downturn between 2008 and 2010. New technologies have been developed globally, which help in bringing down the amount of waste. The awareness about waste management has increased significantly with the progress in consumer education and increased awareness about health & environment. 

Concerns about the environment have compelled governments to impose stringent regulations to minimize the impact of waste and its harmful by-products on the environment. Strict laws have been enforced by governments for the management of waste paper to reduce the rate of deforestation globally. Regulatory bodies in the U.S. and European countries impose fines for non-compliance with standards and Acts. 

The commercial & institutional segment as a source of waste paper is projected to be the fastest-growing from 2015 to 2020. The key players in the waste paper management market prefer acquisitions and new product development to gain a larger share in the market. Leading waste management service providers are focusing on emerging countries that are estimated to show potential for industrial development in the near future. These strategies have aided companies to create a larger customer and partner base in key markets. 

Scope of the Report:

On the basis of service, this market has been segmented as follows: 

On the basis of source, this market has been segmented as follows: 

On the basis of waste type, this market has been segmented as follows: 

On the basis of recovery potential, this market has been segmented as follows: 

On the basis of region, this market has been segmented as follows: 

Companies Mentioned:  

For more information visit http://www.researchandmarkets.com/research/csgc6h/waste_paper

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