Paper Mills in Canada - Industry Market Research Report

Paper Mills in Canada - Industry Market Research Report

Paper Mills in Canada

Paper mills have continued to experience declines over the five years to 2023. One of the biggest drivers of these declines has been the contraction of downstream publishing industries across North America. Major declines in the print newspaper industry have considerably impacted industry revenue. All domestic publishing industries have experienced decreased revenue from downstream paper-based communications companies. The COVID-19 pandemic significantly affected downstream markets as shifts to remote work further contributed to these trends. Revenue is expected to decline at a CAGR of 6.4% to $6.6 billion over the five years to 2023, including a decline of 2.3% in 2023, with industry profit forecast to hover around 10.1% of revenue.

The Paper Mills industry in Canada manufactures paper from pulp, a fibrous material derived from wood. Mill operators may convert their own pulp into paper or purchase pulp from other mills. Industry products include paper rolls and reams, in addition to printing, writing, newsprint, packaging and household paper. These products are typically sold to downstream manufacturers for further processing, printers and newspaper and magazine publishers.

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.