$10.7bn
$XXX.Xm
8,446
731
$XXX.Xm
Digitalization has deteriorated demand for traditional paper products. Demand for paper products has fallen as individuals, retailers, other wholesalers and corporate clients have adopted digital technology to perform tasks more efficiently and at a lower cost, reducing the need for paper. Moreover, as sales have moved online, wholesalers have been further cut out of the paper supply chain as more customers purchase directly from superstores and manufacturers. As the COVID-19 pandemic accelerated the economy's movement away from paper, revenue will decline at a CAGR of 10.3% to $10.6 billion over the five years to 2024, including a 7.5% decline in 2024.
Industry revenue has declined at a CAGR of 10.3 % over the past five years, to reach an estimated $10.7bn in 2024.
Market size is projected to decline over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
---|---|---|---|---|
Veritiv Corporation | 2,258.2 | 48.4 | 2.1 | |
Central National Gottesman Inc. | 1,992.6 | 42.7 | 2.1 |
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Industry revenue is measured across several distinct product and services lines, including Fine roll paper, Printing and writing paper and Newsprint. Fine roll paper is the largest segment of the Paper Wholesaling in the US.
Printing and writing paper is wholesalers' staple product
Paper wholesalers purchase bulk writing paper from manufacturers, generally in rolls for further processing, and distribute them to other manufacturing industries, publishers and commercial printers. Wholesalers provide a service for paper manufacturers and users of paper products and charge a mark-up on all goods distributed.
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NAICS 42411 - Paper Wholesaling in the US
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
COVID-19 accelerated digitalization across downstream businesses, further reducing sales of paper products. Digitizing document sharing, document storage and mailing reduces ...
Learn about an industry's products and services, markets and trends in international trade.
Digitalization has curbed demand for newsprint. Consumers have made the switch away from newsprint, and low advertising revenue has reduced the number of published newspaper ...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Paper wholesalers are concentrated near large metropolitan areas or manufacturing centers. Wholesalers locate near downstream consumers or upstream manufacturers to mitigate ...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Although barriers to entry are low, paper wholesaling has become ever more competitive as digitalization has cannibalized the need for paper. Remaining wholesalers compete on...
Learn about the performance of the top companies in the industry.
Paper wholesaling is highly fragmented, with hundreds of companies. Companies are strategically located to be close to paper mills, downstream manufacturers, publishers and p...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
An increase in business conducted online has hindered paper sales. Digitization reduces the need for paper, negatively impacting its wholesalers.
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Paper wholesalers face declining profitability. The digitalization of information has consistently eroded demand for paper.
Including values and annual change:
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Key data sources in the US include:
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The market size of the Paper Wholesaling in the US industry in United States is $10.7bn in 2024.
There are 731 businesses in the Paper Wholesaling in the US industry in United States, which has declined at a CAGR of 4.3 % between 2019 and 2024.
The market size of the Paper Wholesaling in the US industry in United States has been declining at a CAGR of 10.3 % between 2019 and 2024.
Over the next five years, the Paper Wholesaling in the US industry in United States is expected to decline.
The biggest companies operating in the Paper Wholesaling market in United States are Veritiv Corporation and Central National Gottesman Inc.
Wholesale of bulk writing paper and Wholesale of bulk newsprint are part of the Paper Wholesaling in the US industry.
The company holding the most market share in United States is Veritiv Corporation.
The level of competition is high and steady in the Paper Wholesaling in the US industry in United States.