Paper Industry - A Profile
Global Paper Industry
The global paper industry churns out around 310 million tonnes, with North America and Scandinavian countries such as Finland and Norway accounting for 55 per cent of the output. Asia accounts for a fourth of the world production
While the European and American output is largely based on soft pulp and is of better quality, the Asian production is a mix of hard wood pulp, soft wood pulp and other agri-residues
Writing and printing paper account for 33 per cent, industrial paper for 61 per cent and newsprint for around 6 per cent of the market
The dominant theme in the global paper industry is one of consolidation. The number of 'big' players is shrinking, leading to a concentration of capacity in the hands of fewer companies
Fresh capacity creation has been marginal and this trend is expected to continue over the next 3-4 years
15th largest in the world
Provides employment to 1.3 mn people
The domestic per capita consumption is 6 kg compared to the South Asia and world average of 11 kgs and 53 kgs respectively. In the US it is 312 kg while in Western Europe It is 160 kg
In 2000, the paper consumption in India amounted to some 4.2 million tons, by 2010 it will have reached 8 million tons
Indian paper industry
The demand for paper in India is rising by nearly 7 per cent per annum
Total production of paper in 2003-04 is 5.26 mn tons
In 2003-04 India imported approximately 500,000 tonnes of paper.
Newsprint capacity in India is estimated at 1.12 mn tons - a volume growth of 5.47% CAGR over the last 3 years
Paper exports have risen at a CAGR of 14% pa from 105,000 tons in FY00 to 176,000 tons in FY04
At present, there are 540 paper mills in India
The Indian paper industry has an installed capacity of 6.7 mn tons.
Average capacity utilization of major players has been around 99% in FY04
No significant new greenfield capacity has been added in the paper industry in the last few years
Capacity expansions of over 600,000 tons have been announced by the 7 large players in the sector