$34.6bn
$X.Xbn
40,267
180
$X.Xbn
The Paper Mills industry, which produces a range of communication papers and personal care products, has contended with many obstacles to success. Heightened foreign competition from industry frontrunners and developing economies – which can produce and export at lower costs – plus a persistent decline in downstream demand for paper and paper products have hindered the industry in recent years. Paper Mills industry revenue has plummeted at a CAGR of 5.2% over the past five years and is expected to total $34.6 billion in 2024, when revenue will fall by an estimated 6.8%.
Industry revenue has declined at a CAGR of 5.2 % over the past five years, to reach an estimated $34.6bn in 2024.
Market size is projected to decline over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
---|---|---|---|---|
Packaging Corp Of America | 8,556.9 | 1,386.8 | 16.2 | |
Domtar Corp | 3,461.7 | 502.1 | 14.5 | |
International Paper Company | 3,030.8 | 236.2 | 7.8 |
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Industry revenue is measured across several distinct product and services lines, including Paper towels, Other sanitary products and Paper. Paper towels is the largest segment of the Paper Mills in the US.
Paper hurt by digitalization
The Paper Mills industry manufactures paper in paper mills from pulp, a fibrous material derived from wood. Mill operators may manufacture their own pulp or purchase it. Industry products include paper rolls and reams, including printing and writing paper, newsprint, packaging material and household papers. These products are sold in bulk to individual consumers, businesses and downstream manufacturers that may further convert the industry’s products into specialty paper products.
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NAICS 32212 - Paper Mills in the US
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
COVID-19 exacerbated declining paper product demand. The rise of work-from-home culture and increased use of digital methods for communication and storage further suppressed ...
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Digital progress hurts the Paper Mills industry. As more business transactions move online, demand for paper products, especially printing and writing papers, has seen a sign...
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Southeast struggles with reducing output. The Southeast region's pulp and paper industry is facing a decline as large corporations cut their output because of reduced demand.
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Price and quality are key competition factors. In the Paper Mills industry, companies compete heavily on price and quality, with access to affordable raw materials and econom...
Learn about the performance of the top companies in the industry.
Domtar officially purchased by Paper Excellence in December 2021. In December 2021, Domtar Corporation’s (Domtar) acquisition by the Paper Excellence Group (Paper Excellence)...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Stringent environmental regulations increase production costs for companies. These laws aim to ensure proper disposal of waste and protect water systems.
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Declining demand and high operating costs are compressing industry profit profit. Major corporations are responding by restructuring and scaling back operations.
Including values and annual change:
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Key data sources in the US include:
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
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The market size of the Paper Mills in the US industry in United States is $34.6bn in 2024.
There are 180 businesses in the Paper Mills in the US industry in United States, which has declined at a CAGR of 2.3 % between 2019 and 2024.
The market size of the Paper Mills in the US industry in United States has been declining at a CAGR of 5.2 % between 2019 and 2024.
Over the next five years, the Paper Mills in the US industry in United States is expected to decline.
The biggest companies operating in the Paper Mills market in United States are Packaging Corp Of America, Domtar Corp and International Paper Company
Manufacturing rolls of printing paper, writing paper, packaging paper and industrial paper from pulp and Manufacturing clay-coated paper are part of the Paper Mills in the US industry.
The company holding the most market share in United States is Packaging Corp Of America.
The level of competition is high and steady in the Paper Mills in the US industry in United States.