The value of the material traded on the European recovered paper market will rise from €1.3bn to €7.1bn by 2020, researchers at Trendresearch predict. According to the market research institute's most recent publication, the expansion will result from price rises brought on by additional growth in demand for recovered paper from buyers outside the EU. Trendresearch expects further strengthening in demand for recovered paper particularly in China.
Within Europe, higher collection volumes are only to be expected in countries such as Poland and the Czech Republic as collection systems expand. In Germany and other countries, where collection rates have already reached a high level, were further improvements highly unlikely, concluded the study.