The Global Paper and Pulp Market was valued at USD 67.5 Billion in 2024 and is projected to reach USD 94.1 Billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 5.0% during the forecast period (2025–2032). This growth is being driven by increasing demand for sustainable packaging solutions, expansion of hygiene product manufacturing, and the accelerating adoption of recycled fiber technologies across consumer goods and industrial sectors.

As the global economy pivots toward circular and sustainable practices, the spotlight is on the key paper and pulp producers who are driving innovation, resource efficiency, and forestry stewardship. In this blog, we profile the Top 10 Companies in the Paper and Pulp Industry—a mix of integrated forestry giants, specialty pulp producers, and packaging innovators shaping the future of this essential industry.

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🔟 1. Stora Enso

Headquarters: Helsinki, Finland
Key Offering: Packaging Materials, Pulp, Biomaterials

Stora Enso is a leading global provider of renewable solutions in packaging, biomaterials, and wood construction. Their integrated operations span from sustainable forest management to advanced pulp production and paperboard manufacturing, serving customers in over 100 countries.

Sustainability Initiatives:

• Targeting 100% fossil-free production by 2030

• Pioneering lignin-based biomaterials for various applications

• Committed to sustainable forestry with 97% of wood from certified sources

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9️⃣ 2. Suzano S.A.

Headquarters: Salvador, Brazil
Key Offering: Eucalyptus Pulp, Paper, Packaging

Suzano is the world’s largest market pulp producer, leveraging its vast eucalyptus plantations in Brazil to produce high-quality short-fiber pulp. The company’s cost-effective production and global supply chain make it a dominant force in the international pulp market.

Sustainability Initiatives:

• Committing to removing 40 million tons of carbon from the atmosphere by 2030

• Investing in next-generation biorefinery technologies

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8️⃣ 3. International Paper

Headquarters: Memphis, Tennessee, USA
Key Offering: Corrugated Packaging, Pulp, Paperboard

International Paper is one of the world’s largest packaging and pulp producers, with extensive operations across North America, Europe, and North Africa. The company’s focus on innovative packaging solutions drives its market leadership position.

Sustainability Initiatives:

• Achieved 71% renewable energy usage across operations

• Targeting 90% fiber sourcing from certified or recycled sources by 2030

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7️⃣ 4. Asia Pulp & Paper (Sinar Mas Group)

Headquarters: Jakarta, Indonesia
Key Offering: Packaging, Tissue, Pulp, Paper

Asia Pulp & Paper is one of the largest integrated pulp and paper companies globally, with significant production capacity across Indonesia and China. The company serves global markets with a diverse portfolio of paper and packaging products.

Sustainability Initiatives:

• Implemented Forest Conservation Policy across supply chain

• Investing in community development and biodiversity conservation

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6️⃣ 5. UPM-Kymmene Corporation

Headquarters: Helsinki, Finland
Key Offering: Graphic Papers, Pulp, Labels, Biomaterials

UPM is a global leader in forest-based bioindustries, offering renewable and responsible solutions across multiple sectors. The company’s innovative approach includes developing new biochemicals from wood-based feedstocks.

Sustainability Initiatives:

• Aiming for 65% reduction in CO2 emissions by 2030

• Pioneering biochemicals from tall oil and other pulp byproducts

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5️⃣ 6. WestRock Company

Headquarters: Atlanta, Georgia, USA
Key Offering: Corrugated Packaging, Consumer Packaging, Pulp

WestRock is a leading provider of differentiated paper and packaging solutions, serving customers across various industries including food, beverage, and e-commerce. The company’s focus on innovation drives its competitive advantage in the packaging sector.

Sustainability Initiatives:

• Targeting 100% recyclable, compostable or reusable products by 2025

• Reduced greenhouse gas emissions by 27% since 2010 baseline

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4️⃣ 7. Sappi Limited

Headquarters: Johannesburg, South Africa
Key Offering: Dissolving Pulp, Graphic Papers, Packaging

Sappi is a leading global provider of sustainable woodfibre products and solutions, with a strong focus on dissolving pulp for textiles and specialty papers. The company’s diversified portfolio serves markets across North America, Europe, and Southern Africa.

Sustainability Initiatives:

• Committed to science-based targets for emissions reduction

• Investing in biorefinery technologies for value-added products

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3️⃣ 8. Metsä Group

Headquarters: Espoo, Finland
Key Offering: Pulp, Tissue Papers, Board, Wood Products

Metsä Group is a forerunner in sustainable bioeconomy utilizing renewable wood from sustainably managed Nordic forests. The company’s innovative bioproducts and efficient production processes set industry benchmarks.

Sustainability Initiatives:

• All wood raw material from certified and traceable sources

• Partnering in world’s first lignin refinery project

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2️⃣ 9. Nippon Paper Industries

Headquarters: Tokyo, Japan
Key Offering: Paper, Pulp, Biomaterials, Building Materials

Nippon Paper is Japan’s leading comprehensive biomass company, developing diverse businesses centered on paper manufacturing. The company leverages its technological expertise to create value-added products for domestic and international markets.

Sustainability Initiatives:

• Developing cellulose nanofiber applications for various industries

• Implementing energy-saving technologies across production facilities

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1️⃣ 10. ARAUCO

Headquarters: Santiago, Chile
Key Offering: Pulp, Panels, Sawmill Products

ARAUCO is a global leader in sustainable forest management and the production of forest products, with operations in South America, North America, and Europe. The company’s integrated model ensures quality control from forest to finished product.

Sustainability Initiatives:

• Maintaining Forest Stewardship Council (FSC) certification for plantations

• Implementing circular economy principles in manufacturing processes

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🌍 Outlook: The Future of Paper and Pulp Is Sustainable and Innovative

The paper and pulp industry is undergoing a fundamental transformation. While traditional paper products still represent significant volume, the industry is investing billions in bio-based alternatives, advanced recycling technologies, and sustainable forestry practices.

📈 Key Trends Shaping the Market:

• Rapid expansion of packaging-grade pulp capacity in South America and Asia

• Regulatory push for higher recycled content and sustainable sourcing

• Digitalization of supply chains and smart manufacturing technologies

• Industry alliances for carbon reduction and circular economy principles

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Paper and Pulp Market – View in Detailed Research Report

The companies listed above are not only supplying essential materials for global commerce—they’re pioneering the sustainable transformation of the forest products industry.