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          1. Converted Paper Products Manufacturing Industry Profile

            Report Page Length: 10-12
            Last Quarterly Update: 7/20/2020
            SIC Codes: 265 , 267
            NAICS Codes: 3222
            Chapters Include:
            Industry Overview Trends & Challenges Industry Forecast
            Quarterly Industry Update Call Prep Questions Website & Media Links
            Business Challenges Financial Information Glossary & Acronyms
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            Excerpt from Converted Paper Products Manufacturing Industry Profile

            Companies in this industry make paperboard and corrugated boxes, paper bags, stationery, and sanitary paper products. Major companies include Kimberly-Clark, Packaging Corporation of America, and WestRock (all based in the US), as well as Mondi (UK), Rengo (Japan), Smurfit Kappa Group (Ireland), and SCA (Sweden).

            Leading countries for converted paper products manufacture include China, Japan, Sweden, the UK, and the US. Growth in GDP is a strong indicator of demand for many kinds of converted paper products, including paperboard containers and boxes, paper bags, and sanitary products. Between 2019 and 2023, annual average GDP growth in emerging markets and developing economies is expected to be nearly double that of advanced economies, according to the Conference Board.

            The US converted paper products manufacturing industry includes about 3,600 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $105 billion.

            COMPETITIVE LANDSCAPE

            Demand is driven by general commercial activity and population growth. The profitability of individual companies depends on efficient operations, as products are sold mainly based on price. Big companies have advantages in distribution and can supply large customers. There are few economies of scale in manufacturing; large and small producers operate the same kinds of plants -- large producers just have more of them. Small companies can compete successfully by making specialty products or serving a small geographical market. The US industry is concentrated: the ...

             
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