The market size value for Waste and Scrap of Paper and Paperboard in Pakistan reached $224.97 million in 2023. Over the past decade, the market has shown significant fluctuations, with a noteworthy decline in 2020 followed by strong recovery. Year-on-year growth has been modest in the last two years, marking increases of 2.76% in 2022 and 2.63% in 2023. From 2018 to 2023, the market experienced a compounded annual growth rate (CAGR) of 3.4%, reflecting moderate but steady long-term growth.
Looking ahead, future trends to watch include technological advancements in recycling processes, potential policy changes promoting sustainability, and shifts in global demand for recyclable materials which may impact the market dynamics in Pakistan.
