Industry Analysis & Industry Trends
Over the five years to 2016, the Paper Mills industry continued to battle growing foreign competition and declining domestic demand. Although projected export stability in 2016 is anticipated to slightly boost industry revenue, the trend of gradual revenue decline will likely continue over the next five years. The growing use of electronic communication will further diminish paper consumption in the United States and abroad. As a result, this trend could spell long-term decline across many of the industry's paper product lines... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Paper Mills industry is in the decline stage of its life cycle. IBISWorld forecasts that industry value added, which measures the industry's contribution to the overall economy, will decline at an annualized rate of 2.8% over the 10 years to 2021. By contrast, GDP is forecast to grow an average 2.3% annually over the same period. Industry value added has been falling consistently for over 10 years. In addition, the industry has experienced chronic declines in total revenue, total enterprises, industry employment, exports and wages paid.
Per capita consumption of paper in the United States has fallen due to declining demand across nearly all downstream paper product manufacturing industries... purchase to read more