Global Paper, Plastics, Rubber, Wood And Textile Market Data 2024, Forecast To 2033
17 Jan, 2024
The market encompassing paper, plastics, rubber, wood, and textiles has demonstrated robust growth, escalating from $7137.52 billion in 2023 to $7661.58 billion in 2024, featuring a 7.3% CAGR. Historical expansion is attributed to economic conditions, fluctuations in raw material prices, consumer preferences, and the dynamics of global trade. Forecasted to witness strong growth, the market is projected to reach $10003.91 billion in 2028, reflecting a 6.9% CAGR. The anticipated growth is underpinned by sustainability and ESG factors, demographic changes, evolving consumer trends, circular economy initiatives, and the convergence of fast fashion and sustainable fashion. Key trends include a focus on eco-friendly materials, the increasing digitization and industry 4.0 integration, the rise of smart and functional materials, and an increased emphasis on personalization and customization.
Global Paper, Plastics, Rubber, Wood And Textile Market Key Driver
The surge in consumer goods demand is set to drive growth in the paper, plastics, rubber, wood, and textile markets. These materials are integral to various consumer goods, from packaging to electronics and furniture. In April 2023, China's consumer goods retail sales rose by 18.4% YoY, reaching 14.98 trillion yuan ($2.16 trillion) in January–April 2023, as per the National Bureau of Statistics. Thus, escalating consumer goods demand will propel the mentioned markets.
Get A Free Sample Of The Global Paper, Plastics, Rubber, Wood And Textile Market ReportGlobal Paper, Plastics, Rubber, Wood And Textile Market Segments
The paper, plastics, rubber, wood and textile market covered in this report is segmented –
1) By Type: Apparel And Leather Products, Furniture, General Manufactured Goods, Paper Products, Plastics And Rubber Products, Printing And Related Support Activities, Textile, Wood Products
2) By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Other Distribution Channels
3) By Nature: Organic, Conventional
Subsegments Covered: Leather And Allied Products, Apparel, Institutional And Office Furniture, Household Furniture And Kitchen Cabinet, Mattresses, Blinds And Shades, Jewelry And Silverware, Sporting And Athletic Goods, Doll, Toy, And Game, Office Supplies (except Paper), Sign, All Other Miscellaneous Manufactured Goods, Converted Paper Products, Unfinished Paper, Pulp Mills, Rubber Products, Plastic Products, Printing, Support Activities For Printing, Other Textile Product Mills, Fabrics, Yarn, Fiber And Thread, Home Furnishings And Floor Coverings, Textile and Fabric Finishing and Fabric Coating Mills, Finished Wood Products, Wood Processing, Manufactured Wood Materials
By Geography: The regions covered in the paper, plastics, rubber, wood and textile market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions
Asia-Pacific was the largest region in the paper, plastics, rubber, wood and textile market in 2023. Western Europe was the second largest region in the paper, plastics, rubber, wood and textile market. The regions covered in the paper, plastics, rubber, wood and textile market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Major Paper, Plastics, Rubber, Wood And Textile Industry Players
Nike Inc., Christian Dior SE, Michelin Group, Adidas AG, Bridgestone Corporation, International Paper Company, Kimberly Clark Corporation, Procter & Gamble Co., WestRock Company, The Goodyear Tire & Rubber Company, Pirelli & C. SPA, ExxonMobil Product Solutions, The Yokohama Rubber Co. Ltd., Continental AG, Hankook Tire & Technology Co. Ltd., Sumitomo Rubber Industries Ltd., Apollo Tyres Limited, Kumho Tire Co. Inc., Nexen Tire Corporation, Toyo Tire Corporation, Yokohama Rubber Co. Ltd., Georgia-Pacific LLC, Weyerhaeuser Company, Avery Dennison Corporation, Berry Global Group Inc., Bemis Company Inc., Sealed Air Corporation, Sonoco Products Company, Graphic Packaging International Inc., Packaging Corporation of America
Get The Full Global Paper, Plastics, Rubber, Wood And Textile Market Report
Paper, Plastics, Rubber, Wood And Textile Market Overview
Paper is a thin, flexible material that is typically manufactured in sheets from rags, wood, and plastic is a collection of materials, either man-made or natural, that can be molded while still soft and then hardened to keep the desired shape. Rubber is a material that can be made stretchy by coagulating the milky juice of a variety of tropical plants. Wood refers to the majority of the stems, branches, and roots of trees and shrubs, which are made of a hard fibrous substance called xylem that lies beneath the bark, and textile is a colloquial term for any fabric or product made by knitting, felting, or weaving.
Paper, Plastics, Rubber, Wood And Textile Global Market Report 2023 provides data on the global paper, plastics, rubber, wood and textile market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The paper, plastics, rubber, wood and textile market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.