The report meticulously analyzes the pandemic's impact on market leaders, followers, and disrupters, unraveling a tapestry woven with diverse regional nuances. The dynamic interplay of short-term disruptions and long-term strategies becomes the focal point, guiding decision-makers through a landscape reshaped by unprecedented challenges.
India's Paper Odyssey: From Production Powerhouse to Global Growth Driver
As the 15th largest paper producer globally, India has emerged as a force to be reckoned with in the paper and pulp industry. A staggering 10.6% growth in per capita paper consumption between 2023-2029 cements its position as the fastest-growing market. With a domestic consumption exceeding 16 million tons annually and a baseline projection to reach 23.50 million TPA by 2025-26, India paints a vivid picture of exponential growth.
Dynamics of Demand: Riding the Wave of Upstream Markets
The Indian paper industry basks in positivity, driven by an increased demand for downstream products such as tissue paper, tea bags, filter paper, and more. This surge extends globally, with India exporting a diverse array of paper products while importing specialty grades from the USA, Europe, Dubai, and Singapore.