The current paper consumption across the world is 520 million tons. This is expected to grow at the rate of approx. 2% year on year to about 450 million tons in 2020.
It is projected that the Indian paper demand would rise to around 20 million tons by 2020. The industry is classified into three segments: Wood & Bamboo (40%); Bagasse & Agri – Residues (30%) and Waste paper (30%). India is the only country using so many varieties of fibers in paper manufacturing.
The global demand for sustainable paper is set to increase steadily over the next five years. Currently the global demand for ‘green’ paper is estimated to be around 17.8 million tons. This is set to grow at a CAGR of 8.6 % to reach 34.8 million tons by 2018.