LONDON, March 11, 2019 (Other news source) -The pulp and paper sector has long been one of the principle causes of deforestation. Now, increasing demand for paper-based packaging and for wood fibre for non-paper products are putting pressure on the industry’s supply chains.
While the emergence of the digital economy has seen paper consumption for printing and newsprint decline, packaging, which currently represents around 55% of total consumption of paper and pulp, is on the up. More than two billion trees are now logged every year for packaging alone.
The growing backlash against plastic has put wood-pulp-based packaging in the spotlight, with brands and their suppliers actively turning to paper and paperboard. Paper and board accounts for around a third of the world’s growing packaging market, a global sector estimated to top $1tn by 2021.
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