PUBLISHER: The Business Research Company | PRODUCT CODE: 1713432
PUBLISHER: The Business Research Company | PRODUCT CODE: 1713432
Paper is a thin, flexible material typically made in sheets from materials like rags, wood, and plastic. Plastics are a collection of materials, both synthetic and natural, that can be molded while soft and then hardened to maintain their desired shape. Rubber is a material that can be made stretchy by coagulating the milky juice of various tropical plants. Wood refers to the majority of the stems, branches, and roots of trees and shrubs, primarily composed of a hard fibrous substance called xylem found beneath the bark. Textile is a colloquial term for any fabric or product created through knitting, felting, or weaving.
The primary categories encompass apparel and leather products, furniture, general manufactured goods, paper products, plastics and rubber products, printing and related support activities, textile and wood products. Leather and allied product manufacturers are involved in the process of tanning or curing hides and then crafting them into finished products. They also produce similar items from alternative materials, such as rubber, polymers, or textiles, excluding clothing. These products can have different natures, including organic and conventional, and are distributed through various channels like supermarkets or hypermarkets, convenience stores, e-commerce, and other retail outlets.
The paper, plastics, rubber, wood and textile market research report is one of a series of new reports from The Business Research Company that provides paper, plastics, rubber, wood and textile market statistics, including paper, plastics, rubber, wood and textile industry global market size, regional shares, competitors with a paper, plastics, rubber, wood and textile market share, detailed paper, plastics, rubber, wood and textile market segments, market trends and opportunities, and any further data you may need to thrive in the paper, plastics, rubber, wood and textile industry. This paper, plastics, rubber, wood and textile market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The paper, plastics, rubber, wood and textile market size has grown strongly in recent years. It will grow from $7234.27 billion in 2024 to $7785.41 billion in 2025 at a compound annual growth rate (CAGR) of 7.6%. The growth in the historic period can be attributed to economic conditions, raw material prices, consumer preferences, global trade.
The paper, plastics, rubber, wood and textile market size is expected to see strong growth in the next few years. It will grow to $10076.54 billion in 2029 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed to sustainability and esg factors, demographic changes, consumer trends, circular economy initiatives, fast fashion and sustainable fashion. Major trends in the forecast period include eco-friendly materials, digitalization and industry 4.0, smart and functional materials, personalization and customization.
The growing demand for consumer goods is expected to drive the growth of the paper, plastics, rubber, wood, and textile markets. Consumer goods are products designed for the direct use and consumption of individuals or households, and materials like paper, plastics, rubber, wood, and textiles are essential components in a variety of these goods, including packaging, electronics, furniture, clothing, and more. These materials contribute to the diverse range of products that improve daily life. For instance, in August 2024, according to the House of Commons Library, the retail sector in the UK generated an economic output of $150.84 billion (£112.8 billion) in 2023, accounting for 4.9% of the country's total economic output, with a 2.4% increase from 2022. Retail sales in Great Britain reached $681.97 billion (£510 billion) in 2023, reflecting a 3% increase from the previous year. This surge in consumer goods demand is expected to propel the growth of the paper, plastics, rubber, wood, and textile markets.
Technological advancements are expected to continue driving market growth during this period. Industries closely tied to technology, such as this one, have greatly benefited from this trend. For instance, technologies like Green Tires, addressing 20-30% of a vehicle's fuel consumption linked to tire performance, have gained traction during this period. Green Tires offer improved wet grip, durability, and lower rolling resistance, resulting in a 5-7% reduction in fuel consumption. Therefore, technological advances enhancing performance and reducing fuel consumption have contributed to market growth.
Leading companies in the paper, plastics, rubber, wood, and textile markets are introducing innovative products like Hamaheat Super 80 to enhance their market profitability. Hamaheat Super 80 is a high-temperature, heat-resistant conveyor belt within the Hamaheat series. For example, in March 2023, Yokohama Rubber Co., Ltd., a Japan-based rubber manufacturer, unveiled the Hamaheat Super 80. This conveyor belt is designed for material transport at elevated temperatures, with a permissible belt surface temperature of up to 180 °C (350 °F).
Manufacturers in the plastic products industry are increasingly investing in automation technologies to reduce production costs, enhance productivity, and improve product quality. Utilizing sensors and wireless technology enables data collection, which is leveraged to enhance operational efficiency, reduce errors, streamline manufacturing processes, and ultimately lower costs. According to ABB, an industrial robot manufacturer, some of their customers reported a productivity increase of 15-30% after implementing robotic automation systems. The plastic manufacturing industry employed around 180,000 machines in 2021, signifying an increase of 67,000 machines over a four-year period. Key players providing industrial robotics include FANUC Corporation, Yaskawa Electric Corporation, ABB Group, KUKA AG, and Kawasaki Heavy Industries, Ltd.
Major companies operating in the paper, plastics, rubber, wood and textile market include 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.
Asia-Pacific was the largest region in the paper, plastics, rubber, wood and textile market in 2024. 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.
The countries covered in the paper, plastics, rubber, wood and textile market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa
The paper, plastic, rubber, wood, and textile market consists of sales of clothes, groceries, and wood furniture. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Paper, Plastics, Rubber, Wood And Textile Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on paper, plastics, rubber, wood and textile market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for paper, plastics, rubber, wood and textile ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The paper, plastics, rubber, wood and textile market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.