SIC 2621 - Paper Mills
Establishments primarily engaged in manufacturing paper from woodpulp and other fiber pulp, and which may also manufacture converted paper products. Establishments primarily engaged in integrated operations of producing pulp and manufacturing paper are included in this industry if primarily shipping paper or paper products. Establishments primarily engaged in manufacturing converted paper products from purchased paper stock are classified in Industry Group 265 or Industry Group 267.
Industry trends:
The paper mills industry, categorized under NAICS 2621, has been experiencing significant changes driven by both market demand and sustainability initiatives. One of the latest qualitative trends is the increasing focus on eco-friendly and sustainable paper production processes. With heightened consumer awareness around environmental issues, companies are investing heavily in green technologies, such as adopting recycled paper materials, reducing water consumption, and minimizing carbon footprints during production.
Another prominent trend is the digital transformation within the industry. Paper mills are integrating advanced automation and AI technologies to improve efficiency and production quality. These digital advancements help in predictive maintenance, reduce downtime, and enable better inventory management. Furthermore, there is a growing demand for specialty and customized paper products, fueled by the packaging industry's evolution and consumer preferences for personalized products.
In terms of market dynamics, there is a shifting balance due to the decline in traditional print media and the rise of e-commerce, which boosts demand for packaging materials over standard office paper. The paper mills industry is thus realigning its product mix to cater to these emerging needs.
Looking ahead, forecasts suggest a continued emphasis on sustainable practices and technological innovation. Companies that adapt to these changes and align their operations with global sustainability goals are likely to gain a competitive advantage. Additionally, the industry might see consolidation as larger players acquire smaller, specialized firms to broaden their product offerings and market reach.
This industry is comprised of:
Absorbent paper-mitse
Asbestos paper and asbestos filled paper-mitse
Asphalt paper: laminated-mitse
Asphalt sheathing-mitse
Bag paper-mitse
Blotting paper-mitse
Bond paper-mitse
Book paper-mitse
Bristols, except bogus-mitse
Building paper: sheathing, insulation, saturating, and dry felts-mitse
Capacitor paper-mitse
Catalog paper-mitse
Cigarette paper-mitse
Cleansing tissue stock-mitse
Condenser paper-mitse
Construction paper-mitse
Cotton fiber paper-mitse
Cover paper-mitse
Dry felts, except textile-mitse
Facial tissue stock-mitse
Felts, building-mitse
Filter paper-mitse
Greaseproof wrapping paper-mitse
Groundwood paper-mitse
Hanging paper (wallpaper stock)-mitse
Kraft sheathing paper-mitse
Kraft wrapping paper-mitse
Lining paper-mitse
Lithograph paper-mitse
Manila wrapping paper-mitse
Matrix paper-mitse
Milk filter disks-mitse
Napkin stock, paper-mitse
News tablet paper-mitse
Newsprint-mitse
Offset paper-mitse
Paper mills-mitse
Paper, building-mitse
Paper-mitse
Parchment paper-mitse
Poster paper-mitse
Printing paper-mitse
Publication paper-mitse
Roofing felt stock-mitse
Rope and jute wrapping paper-mitse
Rotogravure paper-mitse
Saturated felt-mitse
Shipping sack paper-mitse
Tagboard, made in paper mills-mitse
Tar paper, building and roofing-mitse
Text paper-mitse
Thin paper-mitse
Tissue paper-mitse
Toilet tissue stock-mitse
Toweling paper-mitse
Wallpaper stock (hanging paper)-mitse
Wrapping paper-mitse
Writing paper-mitse
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