Paper Product Manufacturing in Canada
The Paper Product Manufacturing industry in Canada has struggled to compete in a highly globalized market over the five years to 2019. The industry produces numerous paper products, including crepe paper, cigarette wrappers, food trays and paper novelties. While long-term trends have been toward diminished paper consumption in developed economies, consumption of such products is still high relative to office paper and many other paper products that have lost ground to digitalization. Paper products are manufactured using wood pulp and paper rolls. Therefore, wood pulp prices have a significant influence on prices and profit. In addition, paper product manufacturers have invested heavily in industrial machinery to bolster efficiency, increase automation and improve returns. However, these returns have yet to blossom. The industry is projected to remain subdued over the five years to 2024. Operators will continue to contend with competition from imports.
This industry manufacturers paper products such as labels, playing cards, wrapping paper, cigarette paper, paper filters, egg cartons, food trays and other miscellaneous paper products. This industry generally produces all paper products that are not included in 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.
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