Industry Statistics and Trends
Market size and recent performance (2015-2030)
Industry revenue has grown at a CAGR of 3.4 % over the past five years, to reach an estimated $1.6bn in 2025.
Trends and Insights
Revenue growth in Canada's paper product manufacturing industry reflects resilience despite economic challenges
- Over the past five years, revenue in Canada's paper product manufacturing industry has grown steadily, achieving a compound annual growth rate (CAGR) of 3.4% and reaching 1.6 billion. This growth signifies the industry’s robust expansion capacity despite global economic challenges. Factors such as advancements in operational efficiency and the introduction of new technologies have contributed significantly to this upward trajectory. For example, adopting digital monitoring systems and automated machinery allows for more precise control and waste reduction, leading to cost savings and increased productivity. Also, stable demand for paper products in Canada and internationally has supported this financial consistency.
- Additional trends and insights available with purchase
Source: Alfabank-Adres
Industry outlook (2025-2030)
Market size is projected to grow over the next five years.
Trends and Insights
Revenue growth in Canada's paper product manufacturing industry highlights steady expansion in the next five years
- Over the next five years, revenue in Canada's paper product manufacturing industry is expected to grow at a compound annual growth rate (CAGR) of 2.0%, reaching 1.7 billion. This growth reflects moderate yet consistent expansion as the industry adapts to evolving market dynamics. Increasing advancements in production technologies contribute to this growth, such as adopting smart machinery that can optimize the conversion of raw materials into finished paper products. These technologies increase production efficiency and minimize waste, making manufacturing more cost-effective. Also, the global demand for sustainable paper products continues to support the industry's revenue trajectory.
Biggest companies in the Paper Product Manufacturing in Canada
| Company | Market Share (%)
2025 | Revenue ($m)
2025 | Profit ($m)
2025 | Profit Margin (%)
2025 |
|---|---|---|---|---|
Hartmann | 53.4 | 5.8 | 10.9 | |
Sonoco | 116.1 | 12.7 | 10.9 | |
Cascades | 329.3 | 55.4 | 16.8 |
To view the market share and analysis for all 3 top companies in this industry, view purchase options.
Products & Services Segmentation
Source: Alfabank-Adres
Industry revenue is measured across several distinct product and services lines, including Converted paper, cigarette paper and filters, Paper party goods and accessories and Moulded pulp goods. Converted paper, cigarette paper and filters is the largest segment of the Paper Product Manufacturing in Canada.
Trends and Insights
Nonprocessed paper pulp goods continue to dominate with significant revenue influence
- Nonprocessed paper pulp goods are raw paper products used as inputs for further manufacturing or processing. This product category holds a substantial share of the industry's total revenue. This is attributed to the high demand from various manufacturing industries requiring paper pulp as a basic material. It serves as a foundation for multiple finished paper goods.
- More insights available in the full report
Table of Contents
About this industry
Industry definition
Operators in the Paper Product Manufacturing industry in Canada manufacturer paper products such as labels, playing cards, wrapping paper, cigarette paper, paper filters, egg cartons, food trays and other miscellaneous paper products. This industry generally produces all paper products that are not included in other paper converting industries.
What's included in this industry?
Cigarette paper manufacturingConfetti manufacturingPaper dish manufacturingMoulded paper product manufacturingPhotograph folder manufacturingEgg case and carton manufacturingPaper florists pot manufacturingOther miscellaneous moulded paper product manufacturingCompanies
HartmannSonocoCascadesPurchase this report to view all 3 major companies in this industry.
Related Terms
CELLULOSE INSULATIONDIE-CUT PAPERPULPIndustry Code
NAICS 322299 - Paper Product Manufacturing in Canada
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
Revenue in the industry has been steadily expanding over the past five years. However, the industry has encountered pressure from rising labour and rent costs, contributing t...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2015-2024) and forecast (2025-2030)
- Employees, including historical (2015-2024) and forecast (2025-2030)
- Businesses, including historical (2015-2024) and forecast (2025-2030)
- Profit, including historical (2015-2025)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
The product portfolio includes a diverse range of converted paper, cigarette paper and filters, moulded pulp goods and other specialized items. Moulded pulp goods and nonproc...
In this chapter
- Products & Services
- Major Markets
- International Trade
Key metrics
- Largest market segment and value in 2025
- Product innovation level
- Total imports, level and trend
- Total exports, level and trend
- Trade Balance
Charts
- Products & services segmentation in 2025
- Major market segmentation in 2025
- International trade, including imports by country and exports by country
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
- Recent trends in import and export volumes, country of origin or destination, and expected future trends
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
Ontario has the largest concentration of business locations in the industry. Quebec is another central hub, forming a significant part of the market’s regional footprint. The...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each province
- Share of population compared to establishments in each region in 2025
Tables
- Number and share of establishments in each province in 2025
- Number and share of revenue each province accounts for in 2025
- Number and share of wages each province accounts for in 2025
- Number and share of employees in each province in 2025
Detailed analysis
- Geographic spread of the industry across North America, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
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.
Analyst insights
Market share concentration remains low, leading to heightened competition among companies. This competitive environment encourages innovation and efficiency as companies stri...
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2020-2025
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
The industry is experiencing a gradual consolidation trend. Companies are merging and acquiring smaller entities to enhance their competitive positioning. This consolidation ...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2021 through 2025
- Major companies in the industry, including market share, revenue, profit and profit margin in 2025
- Overview of Hartmann's performance by revenue, market share and profit margin from 2019 through 2025
- Overview of Sonoco's performance by revenue, market share and profit margin from 2019 through 2025
- Overview of Cascades's performance by revenue, market share and profit margin from 2019 through 2025
Detailed analysis
- Description and key data for Hartmann, and factors influencing its performance in the industry
- Description and key data for Sonoco, and factors influencing its performance in the industry
- Description and key data for Cascades, and factors influencing its performance in the industry
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
Regulation significantly impacts the industry, with specific laws influencing production standards and environmental compliance. The Canadian Council of Ministers of the Envi...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2015-2030)
- Assistance historical data and forecast (2015-2030)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
Purchases account for a substantial part of the cost structure. This includes raw materials and other inputs crucial to production processes. Managing these costs is imperati...
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2025
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2025
- Investment vs. share of economy
Data tables
- Liquidity Ratios (2018-2023)
- Coverage Ratios (2018-2023)
- Leverage Ratios (2018-2023)
- Operating Ratios (2018-2023)
- Assets (2018-2023)
- Liabilities (2018-2023)
- Cash Flow & Debt Service Ratios (2015-2030)
- Revenue per Employee (2015-2030)
- Revenue per Enterprise (2015-2030)
- Employees per Establishment (2015-2030)
- Employees per Enterprise (2015-2030)
- Average Wage (2015-2030)
- Wages/Revenue (2015-2030)
- Establishments per Enterprise (2015-2030)
- IVA/Revenue (2015-2030)
- Imports/Demand (2015-2030)
- Exports/Revenue (2015-2030)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2015-2030)
- IVA (2015-2030)
- Establishments (2015-2030)
- Enterprises (2015-2030)
- Employment (2015-2030)
- Exports (2015-2030)
- Imports (2015-2030)
- Wages (2015-2030)
Top Questions Answered
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Paper Product Manufacturing industry in Canada in 2025?
The market size of the Paper Product Manufacturing industry in Canada is $1.6bn in 2025.
How many businesses are there in the Paper Product Manufacturing in Canada industry in 2025?
There are 90 businesses in the Paper Product Manufacturing industry in Canada, which has declined at a CAGR of 2.7 % between 2020 and 2025.
Has the Paper Product Manufacturing industry in Canada grown or declined over the past 5 years?
The market size of the Paper Product Manufacturing industry in Canada has been growing at a CAGR of 3.4 % between 2020 and 2025.
What is the forecast growth of the Paper Product Manufacturing industry in Canada over the next 5 years?
Over the next five years, the Paper Product Manufacturing industry in Canada is expected to grow.
What are the biggest companies in the Paper Product Manufacturing market in Canada?
The biggest companies operating in the Paper Product Manufacturing market in Canada are Hartmann, Sonoco and Cascades
What does the Paper Product Manufacturing in Canada include?
Cigarette paper manufacturing and Confetti manufacturing are part of the Paper Product Manufacturing industry.
Which companies have the highest market share in the Paper Product Manufacturing in Canada?
The company holding the most market share in Canada is Hartmann.
How competitive is the Paper Product Manufacturing industry in Canada?
The level of competition is high and steady in the Paper Product Manufacturing industry in Canada.
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Complementors
Methodology
How are Alfabank-Adres reports created?
Alfabank-Adres has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for Alfabank-Adres readers. Finally, each report is reviewed by one of Alfabank-Adres’s editors, who provide quality assurance to ensure accuracy and readability.
Alfabank-Adres relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do Alfabank-Adres analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in Canada include:
- Statistics Canada
- Industry Canada
- Canadian Business Patterns
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, Alfabank-Adres’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does Alfabank-Adres forecast its data?
Alfabank-Adres’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
Alfabank-Adres prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
