Industry Analysis & Industry Trends
Over the past five years, foreign competition has continued its upward trend. Simultaneously, domestic revenue contracted sharply as the recession pulsed through key buying sectors in business and advertising. In the coming years, paper mills will continue to face declining revenue and rising import penetration. Competition from electronic communication will stifle revenue, resulting in few growth opportunities. To survive, paper mills will focus on value-added products, but revenue will continue to fall... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Paper Mills industry is in the decline stage of its economic 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 0.8% over the 10 years to 2019. By contrast, GDP is forecast to grow an average 2.5% annually over the same period. Sharp recessionary declines notwithstanding, industry value added has been falling intermittently for over 10 years. The main driver of this trend is a decline in employment in the industry, which has lowered wage contributions.
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