펄프목재 시장 기회, 성장 촉진요인, 산업 동향 분석 및 예측(2025-2034년)

The Global Pulpwood Market was valued at USD 14.2 billion in 2024 and is estimated to grow at a CAGR of 4.2% to reach USD 21.2 billion by 2034, fueled by increasing demand across packaging, hygiene products, and bioenergy sectors. Pulpwood continues to establish itself as a crucial raw material, riding strong waves of growth driven by expanding e-commerce, rising urbanization, and a heightened focus on sustainability. Global shifts toward greener packaging solutions and biodegradable alternatives are creating unprecedented opportunities, while innovation in fiber processing is boosting the quality and application scope of pulpwood products. As industries seek alternatives to plastics and other non-renewable materials, pulpwood's renewability and versatility make it a key enabler in the transition toward a more sustainable economy. Emerging economies are becoming major contributors to market momentum, with rapid industrialization, improved hygiene standards, and rising disposable incomes enhancing pulpwood consumption across diverse end-use verticals. While developed markets continue to evolve toward higher-value applications, the broader pulpwood landscape is being reshaped by policy shifts, afforestation initiatives, and circular economy models.

The rise of e-commerce is further accelerating the demand for corrugated packaging, making pulpwood indispensable for ensuring supply chain efficiency and eco-friendly delivery solutions. Simultaneously, the hygiene sector remains a major growth driver as global consumption of tissue papers, sanitary items, and personal care goods rises in tandem with population growth, increased health awareness, and higher consumer spending on disposable comfort products. The surge in preference for soft, high-absorbency paper products, especially in urban areas and healthcare environments, is amplifying the demand for high-quality hardwood pulpwood. Emerging economies are witnessing particularly strong growth, where improved living standards and broader product penetration are rapidly expanding market size.

Despite its strong growth trajectory, the pulpwood industry faces significant challenges. Heightened environmental scrutiny and stricter regulations on deforestation are compelling producers to invest in transparent, sustainable forestry practices. The increasing availability and adoption of recycled fibers are beginning to offset the need for virgin pulpwood, particularly in the packaging and printing industries, where recycled materials offer competitive performance with lower environmental costs.

By type, pulpwood is segmented into hardwood and softwood. In 2024, hardwood pulpwood led the segment with a 57.6% share, largely due to its dominant use in textiles, interiors, and hygiene products. East Asia continues to drive demand, supported by rapid industrialization and fast-growing plantation resources. Certified sustainable plantations are helping meet demand, but regulatory scrutiny over natural forest harvesting remains intense.

By source, natural forests held a 61.2% share in 2024. Plantation forests, while smaller, are growing at a 4.6% rate as conservation policies and certification standards tighten, driving manufacturers to explore recycled wood and alternative feedstocks to enhance sustainability.

China's Pulpwood Market held a 35% share and generated USD 4.9 billion in 2024, projected to reach USD 7.4 billion by 2034, supported by its strong manufacturing base and proactive afforestation policies.

Leading companies include Stora Enso, Suzano S.A., Mondi Group, WestRock Company, International Paper, Nine Dragons Paper Holdings, Sappi Limited, Nippon Paper Industries, Domtar Corporation, Asia Pulp & Paper (APP), Metsa Group, Smurfit Kappa Group, Oji Holdings Corporation, and UPM-Kymmene Corporation. Companies are focusing on vertically integrated supply chains, long-term sourcing contracts, and sustainable forest management to maintain their edge.

Table of Contents

Chapter 1 Methodology & Scope

• 1.1 Market scope & definition
• 1.2 Base estimates & calculations
• 1.3 Forecast calculation
• 1.4 Data sources
  • 1.4.1 Primary
  • 1.4.2 Secondary
    • 1.4.2.1 Paid sources
    • 1.4.2.2 Public sources
• 1.5 Primary research and validation
  • 1.5.1 Primary sources
  • 1.5.2 Data mining sources

Chapter 2 Executive Summary

• 2.1 Industry synopsis, 2021 - 2034

Chapter 3 Industry Insights

• 3.1 Industry ecosystem analysis
  • 3.1.1 Factor affecting the value chain
  • 3.1.2 Profit margin analysis
  • 3.1.3 Disruptions
  • 3.1.4 Future outlook
  • 3.1.5 Manufacturers
  • 3.1.6 Distributors
• 3.2 Impact of trump administration tariffs – structured overview
  • 3.2.1 Impact on trade
    • 3.2.1.1 Trade volume disruptions
    • 3.2.1.2 Retaliatory measures
  • 3.2.2 Impact on the industry
    • 3.2.2.1 Supply-side impact (Raw Materials)
      • 3.2.2.1.1.1 Price volatility in key materials
      • 3.2.2.1.1.2 Supply chain restructuring
      • 3.2.2.1.1.3 Production cost implications
    • 3.2.2.2 Demand-side impact (Selling Price)
      • 3.2.2.2.1.1 Price transmission to end markets
      • 3.2.2.2.1.2 Market share dynamics
      • 3.2.2.2.1.3 Consumer response patterns
  • 3.2.3 Key companies impacted
• 3.3 Trade statistics (HS Code: 47)
• 3.4 Supplier landscape
• 3.5 Profit margin analysis
• 3.6 Key news & initiatives
• 3.7 Regulatory landscape
• 3.8 Impact forces
  • 3.8.1 Growth drivers
    • 3.8.1.1 Growing demand for paper & packaging
    • 3.8.1.2 Rise in e-commerce & online retail
    • 3.8.1.3 Sustainability & bio-based material adoption
  • 3.8.2 Industry pitfalls & challenges
  • 3.8.3 Deforestation & environmental concerns
  • 3.8.4 Fluctuating raw material prices & supply chain disruptions
  • 3.8.5 Stringent regulatory compliance
• 3.9 Growth potential analysis
• 3.10 Porter's analysis
• 3.11 PESTEL analysis

Chapter 4 Competitive Landscape, 2024

• 4.1 Introduction
• 4.2 Company market share analysis
• 4.3 Competitive positioning matrix
• 4.4 Strategic outlook matrix

Chapter 5 Market Estimates and Forecast, By Type, 2021 - 2034 (USD Billion) (Kilo Tons)

• 5.1 Key trends
• 5.2 Softwood pulpwood
• 5.3 Hardwood pulpwood

Chapter 6 Market Estimates and Forecast, By Source, 2021 - 2034 (USD Billion) (Kilo Tons)

• 6.1 Key trends
• 6.2 Natural forests
• 6.3 Plantation forests
• 6.4 Recycled wood

Chapter 7 Market Estimates and Forecast, By Application, 2021 - 2034 (USD Billion) (Kilo Tons)

• 7.1 Key trends
• 7.2 Paper production
• 7.3 Pulp & fiber production
• 7.4 Bioenergy & biomass
• 7.5 Others (Chemical Processing, Composite Wood, etc.)

Chapter 8 Market Estimates and Forecast, By Region, 2021 - 2034 (USD Billion) (Kilo Tons)

• 8.1 Key trends
• 8.2 North America
  • 8.2.1 U.S.
  • 8.2.2 Canada
• 8.3 Europe
  • 8.3.1 Germany
  • 8.3.2 UK
  • 8.3.3 France
  • 8.3.4 Spain
  • 8.3.5 Italy
• 8.4 Asia Pacific
  • 8.4.1 China
  • 8.4.2 India
  • 8.4.3 Japan
  • 8.4.4 Australia
  • 8.4.5 South Korea
• 8.5 Latin America
  • 8.5.1 Brazil
  • 8.5.2 Mexico
• 8.6 Middle East and Africa
  • 8.6.1 Saudi Arabia
  • 8.6.2 South Africa
  • 8.6.3 UAE

Chapter 9 Company Profiles

• 9.1 International Paper
• 9.2 WestRock Company
• 9.3 Stora Enso
• 9.4 UPM-Kymmene Corporation
• 9.5 Oji Holdings Corporation
• 9.6 Nippon Paper Industries
• 9.7 Mondi Group
• 9.8 Sappi Limited
• 9.9 Nine Dragons Paper Holdings
• 9.10 Smurfit Kappa Group
• 9.11 Domtar Corporation
• 9.12 Suzano S.A.
• 9.13 Asia Pulp & Paper (APP)
• 9.14 Metsa Group