Europe paper industry - statistics & facts
European paper companies in global ranking
Accounting for the considerable revenue of the European paper industry, some of the world's biggest forestry and paper companies are headquartered in Europe. Several key players are based in the Nordic countries, such as Finnish forestry and paper giants UPM Kymmene and Stora Enso, and Sweden’s Billerud and Svenska Cellulosa (SCA). Stora Enso's packaging material segment accounted for almost 40 percent of the company’s sales that year, at almost five billion euros. Outside the Nordics, another major player in the European paper industry is Ireland’s Smurfit Kappa, the leading paper company in the region.Paper production and consumption are declining in Europe
Like the number of paper mills, the output of the European paper industry has also been declining. The European paper and board production decreased 12 percent year-over-year in 2023, to approximately 74 million metric tons. Similarly, paper and board consumption decreased 14 percent to 62.7 million metric tons. Packaging paper and board were the leading paper products in the regions, with case materials –or containerboard- accounting for over 40 percent of the total volume produced. The rise in demand for paper packaging has been boosted by e-commerce.Digitalization is the main factor behind the European paper industry’s decline, together with increasing energy prices, and competition for raw materials supply in the global market. The increase in the use of recycled paper in Europe is another factor contributing to this trend. The industry is in fact striving for a more sustainable approach to this commodity production, addressing topics such as the management of wood resources, the environmental impact of raw material transportation, water and energy consumption, and waste production.