Paper Product Manufacturing in the US - Industry Research Report

Extra pulp: Industry revenue is expected to decline despite increased eco-friendly practices

Paper product manufacturers convert purchased paper and paperboard into a variety of products, including cigarette papers, playing cards, wrapping paper and paper novelties. Manufacturers also mold purchased pulp into egg cartons, food trays, dishes, florist pots and other products. In recent years, import penetration has increased, outpacing export growth and forcing manufacturers to compete with lower-cost substitutes. Companies have responded to competition by consolidating operations through merger and acquisition activity. Consolidation can benefit industry operators by enabling them to better manage volatile costs and fluctuating demand. Large operators can endure pressure on industry profit because they benefit from economies of scale and higher profit. Ultimately, industry revenue will contract an annualized 0.2% to $5.6 billion over the five years to 2023, including a decline of 2.1% in 2023 alone.

Operators in this industry convert purchased paper and paperboard into a variety of products, including playing cards, wrapping paper, cigarette papers, paper filters, paper novelties, die-cut paper shapes and recycled paper insulation. Industry manufacturers also mold purchased pulp into egg cartons, food trays, cups and dishes, florists’ pots and other products. The industry generally produces all the products that are not included in the other paper-converting industries.

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 key players and their market shares.