Pulp is a fiber suspension formed by processing plant fibers as raw materials. It is an important papermaking raw material used in the production of various types of paper, cardboard, and paper products.

Overview of Overall Market Development

At present, the global pulp market is in a steady growth stage. With the development of the world economy and population growth, the demand for paper products such as paper and tissues continues to rise, thereby driving the growth of the pulp market. At the same time, the implementation of environmental policies has also prompted paper companies to adopt more recycled pulp, further increasing market demand for pulp. According to our research data, the global pulp market revenue is estimated to be $328.37 billion in 2024 and is expected to continue increasing to $341.89 billion by 2029.

Segmented Market Analysis

From the perspective of product types, pulp can be classified into mechanical pulp, chemical pulp, and semi-chemical pulp based on the degree of processing; According to the difference in raw materials, pulp can be divided into bleached softwood kraft pulp (BSK), birch hardwood kraft pulp (BHK), and high-yield pulp (HYP). Research shows that BSK pulp dominates the market. The estimated market share of the BSK pulp segment in 2024 is 52.39%.

From the perspective of downstream applications, pulp is mainly used in the manufacturing of packaging paper, cultural paper, and tissue paper. Among them, the packaging paper manufacturing industry is the largest downstream application market, with an estimated application share of 53.78% in 2024.

Global Pulp Market Revenue and Segment Market Share Forecast  

Source: www.globalmarketmonitor.com

Analysis of Market Development in Major Regions

From a regional perspective, the global pulp market is concentrated in three major regions: North America, Europe, and Asia Pacific. These three major regions hold over 90% of the global market share. Among them, the Asia Pacific region is the largest sales market. Data shows that the estimated pulp sales volume in the Asia Pacific region in 2024 is 317 million tons, which is expected to account for 51.99% of the global total sales.

Global Paper Pulp Sales Volume and Proportion by Region Forecast in 2024

Regions	Sales Volume (Million Tons)	Proportion
North America	113	18.46%
Europe	127	20.81%
Asia Pacific	317	51.99%
South America	35	5.76%
Middle East & Africa	18	2.98%

Source: www.globalmarketmonitor.com