How Big Is the Paper Market | Growth Analysis, Size & Industry Insights 2031

Code: MTA7755 Publication Date: Aug 2025

How big is the Paper Market?

According to 6Wresearch internal database and industry insights, the Global Paper Market was valued at approximately USD 270.23 billion in 2024 and is projected to reach USD 281.23 billion by 2031, growing at a compound annual growth rate (CAGR) of 7% during the forecast period (2025-2031).

This growth is driven by increasing demand for eco-friendly and recyclable products, the rise in e-commerce packaging needs, supportive government sustainability policies and innovations in paper manufacturing.

Growth Factors for Paper Market

  • Rising demand for sustainable and recyclable paper products due to increasing environmental awareness.
  • Expansion of the packaging sector, especially in food, beverages, and e-commerce industries.
  • Technological advancements in paper manufacturing for enhanced quality and cost efficiency.
  • Growing preference for specialty papers in printing, publishing, and labeling applications.
  • Increasing adoption of eco-friendly coatings and biodegradable materials in paper production.
  • Supportive government policies and initiatives promoting sustainable forestry and paper recycling.

Paper Market Trends

Paper Market is witnessing strong demand in packaging, printing, and specialty paper categories. Due to the quick expansion of e-commerce and the food delivery sector, packaging is still in the lead. Manufacturers are prioritizing recyclable and compostable products as a result of sustainability trends. Applications are expanding due to advancements in moisture-resistant and lightweight paper. Premium and specialty papers are becoming more and more in demand for packaging luxury goods, and digital printing technologies allow for shorter production runs and more affordable customization.

Emerging Developments in the Paper Market

Emerging developments in the Paper Market include increasing adoption of renewable raw materials and eco-efficient production processes. Manufacturers are creating high-performance specialty paper with improved durability and increasing their capacity to produce recycled paper. Paper products are becoming more robust, water-resistant, and adaptable due to the developments in nanotechnology. Initiatives for the circular economy are becoming more popular, with an emphasis on fiber recovery and waste reduction. There is also increasing use of paper in the healthcare sector for sterile packaging and disposable supplies.

List of Leading Companies in the Paper Market

Below is a comprehensive list of the leading market players driving growth in this sector:

1.International Paper Company

Company NameInternational Paper Company
Establishment Year1898
HeadquarterMemphis, USA
Official WebsiteClick here

This company manufactures printing papers, packaging, and pulp products, emphasizing sustainable forestry, innovative manufacturing, and worldwide distribution networks to serve diverse industrial and consumer needs.

2.WestRock Company

Company NameWestRock Company
Establishment Year2015
HeadquarterAtlanta, USA
Official WebsiteClick here

This company produces paper and packaging solutions with a focus on recyclability, product innovation, and efficient supply chains for retail, foodservice, and e-commerce markets.

3.UPM-Kymmene Corporation

Company NameUPM-Kymmene Corporation
Establishment Year1996
HeadquarterHelsinki, Finland
Official WebsiteClick here

This company supplies graphic papers, specialty papers, and pulp, integrating renewable resources, advanced production technologies, and environmental stewardship into its operations.

4.Stora Enso Oyj

Company NameStora Enso Oyj
Establishment Year1998
HeadquarterHelsinki, Finland
Official WebsiteClick here

This company produces paper and renewable materials, focusing on sustainable forestry, recyclable products, and innovation to reduce environmental impact in paper production.

5.Mondi Group

Company NameMondi Group
Establishment Year1967
HeadquarterVienna, Austria
Official WebsiteClick here

This company offers printing papers, specialty papers, and packaging solutions, with a strong commitment to sustainability and customer-driven product innovation.

6.Nippon Paper Industries Co., Ltd.

Company NameNippon Paper Industries Co., Ltd.
Establishment Year1949
HeadquarterTokyo, Japan
Official WebsiteClick here

This company manufactures printing, communication, and specialty papers, prioritizing eco-friendly production and high-quality standards for domestic and export markets.

7.Sappi Limited

Company NameSappi Limited
Establishment Year1936
HeadquarterJohannesburg, South Africa
Official WebsiteClick here

This company produces coated printing papers, dissolving pulp, and packaging papers, focusing on product performance, sustainability, and innovation for international markets.

8.Oji Holdings Corporation

Company NameOji Holdings Corporation
Establishment Year1873
HeadquarterTokyo, Japan
Official WebsiteClick here

This company supplies a wide range of paper products, integrating sustainable forestry, advanced manufacturing, and diverse applications for packaging and printing.

9.Georgia-Pacific LLC

Company NameGeorgia-Pacific LLC
Establishment Year1927
HeadquarterAtlanta, USA
Official WebsiteClick here

This company offers printing papers, tissue, packaging, and building products, emphasizing operational efficiency and resource conservation.

10.Resolute Forest Products

Company NameResolute Forest Products
Establishment Year2007
HeadquarterMontreal, Canada
Official WebsiteClick here

This company produces newsprint, specialty papers, and market pulp, with a strong focus on sustainable forest management and renewable energy use.

How Big Is the Paper Market : FAQ's

The Paper Market is projected to reach USD 281.23 billion by 2031.
The Paper Market is expected to grow at a CAGR of 7% from 2025 to 2031.
Asia-Pacific leads in growth, driven by industrial expansion, e-commerce, and rising consumer demand.
Major players include International Paper, UPM-Kymmene, Sappi, Mondi, Nine Dragons Paper, and Stora Enso.
Key segments include packaging paper, printing and writing paper, specialty paper, and hygiene paper.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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