Pulp and Paper Mill Products Market Profile
Market Outlook
The in-region industry sales data in the following section was used to
identify six 5-digit NAICS industries that are key consumers of output
from Maine's pulp and paper mills:
Cardboard Box & Container Manufacturing
Industry Growth Projections, 2021-2026 % Change
NAICS
Industry
Revenue
Exports
Imports
Demand
32221
Cardboard Box & Container Manufacturing
15%
16%
14%
15%
32222
32223
Coated & Laminated Paper Manufacturing
-1%
-11%
-18%
-2%
Office Stationery Manufacturing
-1%
0%
-2%
-1%
32229a
Sanitary Paper Product Manufacturing
6%
7%
4%
5%
32229b
Paper Product Manufacturing
3%
4%
0%
2%
32311
Printing
-4%
-18%
-24%
-4%
Source: IBISWorld
Coated & Laminated Paper Manufacturing
Office Stationery Manufacturing
Sanitary Paper Product Manufacturing
Paper Product Manufacturing
Printing
Products produced by these industries include paperboard containers
and boxes, paper bags, envelopes, toilet paper, napkins, diapers, party
supplies, and books, among others.
Key Industry Products
NAICS
32221
32222
32223
32229a
32229b
Industry
Cardboard Box & Container Manufacturing
Coated & Laminated Paper Manufacturing
Office Stationery Manufacturing
Sanitary Paper Product Manufacturing
Paper Product Manufacturing
Printing
32311
Source: IBISWorld
Products
Paperboard containers, folding paperboard boxes,
corrugated and solid fiber boxes
Surface coated paperboard, coated and laminated
packaging paper, uncoated paper bags and sacks
Paper supplies, stationary, envelopes
Toilet paper, paper towels, napkins, tissues, diapers
Party supplies, molded pulp goods, misc.
Books, other
According to data from IBISWorld the Cardboard Box & Container
Manufacturing, Sanitary Product Manufacturing, and Paper Product
Manufacturing industries are expected to grow over the next five years,
with revenue, national imports and exports, and demand trending
positively over this time period. The strongest demand growth is
expected in the Cardboard Box & Container Manufacturing industry,
where growth in online retail is expected to continue to increase
demand for cardboard for use in packaging and shipping.
Below is a brief summary of the market outlook for each of the six
selected industries, according to IBISWorld:
Cardboard Box & Container Manufacturing: E-commerce is a
significant downstream market for industry operators, and its
increasing prevalence has propped up industry revenue growth
over the past five years. Despite the economic consequences of
the coronavirus pandemic in 2020, industry operators have been
buoyed by the movement of consumers to shop online. Online
retailers require industry products to ship goods to customers,
and as consumers increasingly opt to purchase goods online
rather than in brick-and-mortar stores, demand for industry
products has risen. Revenue growth is expected to accelerate in
the coming years due to the recovery of downstream markets
from COVID-19 and the increasing prevalence of e-commerce.
Coated & Laminated Paper Manufacturing: Operators in the
Coated and Laminated Paper Manufacturing industry have
experienced a wide array of challenges over the last five years,
particularly from import competition and weak demand. As
producers of commoditized goods, industry manufacturers
compete heavily on price and have struggled with foreign
companies that can pass their substantially lower production
costs on. Bright spots for the industry have included
environmental awareness leading to a preference for paper
products over plastic and steady demand from food
manufacturers. While import competition, offshoring trends in
downstream industries, and a declining print media sector point
to continued weak demand for the industry the wide range of
uses for industry products will help maintain a level of stability.
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