Paper Product Manufacturing in the US
Rebounding consumer spending and rising paper product prices have buoyed revenue for the Paper Product Manufacturing industry over the five years to 2016. Demand for paper products used to package food service items limits revenue volatility for the industry, as these are relatively nondiscretionary products. However, the industry's performance has improved over the five years to 2016 relative to these recessionary declines, with revenue expected to rise. Over the five years to 2021, industry revenue is forecast to stagnate. While economic growth is expected to boost discretionary spending during the five-year period, the industry will continue to grapple with rising competition from imports and continued offshoring. Moreover, the industry will also be challenged by heightened environmental awareness, which will decrease demand for disposable paper products.
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.
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