Beaten to a pulp: Profit margins have become paper thin as timber prices climb ever higher
Pulp, paper and paperboard manufacturers have been enduring challenging trading conditions. Demand has fallen, mainly owing to shifting purchasing preferences in downstream markets. Consumers and businesses are rapidly adopting paperless business models and consumption patterns both out of convenience and to reduce waste. The COVID-19 pandemic caused economic and trade disruptions, further constraining revenue. Industry revenue is expected to decline at the average annual 3.5% through the end of 2022-23, to $1.93 billion. A drop in the domestic price of plastic and rubber products, and increasing competition from imports will cause revenue to drop by 2.6% in 2022-23.
Industry firms primarily manufacture wood pulp, paper or paperboard from various inputs, including woodchips, clay, lime, dyes, chemical resins and recycled paper.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry's key players and their market shares.
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Oji Oceania Management (NZ) Limited
Methodology
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