Global Converted Paper Market Report Title (SEO Page Heading) Converted Paper Market Size, Share & Demand Report By Product Type (Packaging Paper, Tissue & Hygiene Paper, Label & Release Paper, Printing & Writing Paper, Specialty & Functional Paper), By Raw Material (Virgin Fiber, Recycled Fiber), By End-Use Industry (Food & Beverage, Healthcare, Personal Care, Retail & E-commerce, Logistics, Publishing), By Region & Segment Forecasts, 2025–2030

Report Code: RI2069PUB
Last Updated : December, 2025
Author : Noah Bennett

Table of Contents

  1. Executive Summary
    1. Introduction
  2. Market Introduction
    1. Market Definition
    2. Scope of the Study
    3. Market Structure
  3. Research Methodology
    1. Primary Research
    2. Research Methodology
    3. Assumptions & Exclusions
    4. Secondary Data Sources
  4. Market Factor Analysis
    1. Value Chain Analysis: Converted Paper Market
    2. Porters Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitution
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Dynamics
    1. Drivers
    2. Restraints
    3. Opportunities
  6. Recent Trends Analysis
  7. Impact of COVID-19 on Converted Paper Market
    1. Pre and Post Covid -19 Market Scenario Analysis
    2. Market Recovery Timeline and Challenge
    3. Measures Taken by Top Players
  8. Regulatory Landscape
  9. Converted Paper Market, By Product Type
    1. Introduction
      1. Market Size and Forecast, By Product Type
    2. Packaging Converted Paper
      1. Market Size and Forecast, By Region
    3. Tissue & Hygiene Converted Paper
      1. Market Size and Forecast, By Region
    4. Label & Release Converted Paper
      1. Market Size and Forecast, By Region
    5. Printing & Writing Converted Paper
      1. Market Size and Forecast, By Region
    6. Specialty & Functional Converted Paper
      1. Market Size and Forecast, By Region
  10. Converted Paper Market, By Raw Material Source
    1. Introduction
      1. Market Size and Forecast, By Raw Material Source
    2. Virgin Fiber-Based Converted Paper
      1. Market Size and Forecast, By Region
    3. Recycled Fiber-Based Converted Paper
      1. Market Size and Forecast, By Region
  11. Converted Paper Market, By Processing Technology
    1. Introduction
      1. Market Size and Forecast, By Processing Technology
    2. Coated & Laminated Paper
      1. Market Size and Forecast, By Region
    3. Printed & Embossed Paper
      1. Market Size and Forecast, By Region
    4. Die-Cut & Folded Paper
      1. Market Size and Forecast, By Region
    5. Silicone-Treated & Specialty Surface Paper
      1. Market Size and Forecast, By Region
  12. Converted Paper Market, By End-Use Industry
    1. Introduction
      1. Market Size and Forecast, By End-Use Industry
    2. Food & Beverage Packaging
      1. Market Size and Forecast, By Region
    3. Healthcare & Pharmaceuticals
      1. Market Size and Forecast, By Region
    4. Personal Care & Hygiene
      1. Market Size and Forecast, By Region
    5. Retail & E-commerce
      1. Market Size and Forecast, By Region
    6. Logistics & Industrial Packaging
      1. Market Size and Forecast, By Region
    7. Publishing & Commercial Printing
      1. Market Size and Forecast, By Region
  13. Converted Paper Market, By Distribution Channel
    1. Introduction
      1. Market Size and Forecast, By Distribution Channel
    2. Direct B2B Supply Contracts
      1. Market Size and Forecast, By Region
    3. Converter-to-Brand Owner Supply
      1. Market Size and Forecast, By Region
    4. Institutional & Government Procurement
      1. Market Size and Forecast, By Region
  14. Regional Overview
    1. Introduction
      1. Market Size and Forecast
    2. North America
      1. Market Size and Forecast
        1. By Product Type
          1. Packaging Converted Paper
            1. Tissue & Hygiene Converted Paper
              1. Label & Release Converted Paper
                1. Printing & Writing Converted Paper
                  1. Specialty & Functional Converted Paper
                  2. By Raw Material Source
                    1. Virgin Fiber-Based Converted Paper
                      1. Recycled Fiber-Based Converted Paper
                      2. By Processing Technology
                        1. Coated & Laminated Paper
                          1. Printed & Embossed Paper
                            1. Die-Cut & Folded Paper
                              1. Silicone-Treated & Specialty Surface Paper
                              2. By End-Use Industry
                                1. Food & Beverage Packaging
                                  1. Healthcare & Pharmaceuticals
                                    1. Personal Care & Hygiene
                                      1. Retail & E-commerce
                                        1. Logistics & Industrial Packaging
                                          1. Publishing & Commercial Printing
                                          2. By Distribution Channel
                                            1. Direct B2B Supply Contracts
                                              1. Converter-to-Brand Owner Supply
                                                1. Institutional & Government Procurement
                                              2. U.S.
                                                1. By Product Type
                                                  1. Packaging Converted Paper
                                                    1. Tissue & Hygiene Converted Paper
                                                      1. Label & Release Converted Paper
                                                        1. Printing & Writing Converted Paper
                                                          1. Specialty & Functional Converted Paper
                                                          2. By Raw Material Source
                                                            1. Virgin Fiber-Based Converted Paper
                                                              1. Recycled Fiber-Based Converted Paper
                                                              2. By Processing Technology
                                                                1. Coated & Laminated Paper
                                                                  1. Printed & Embossed Paper
                                                                    1. Die-Cut & Folded Paper
                                                                      1. Silicone-Treated & Specialty Surface Paper
                                                                      2. By End-Use Industry
                                                                        1. Food & Beverage Packaging
                                                                          1. Healthcare & Pharmaceuticals
                                                                            1. Personal Care & Hygiene
                                                                              1. Retail & E-commerce
                                                                                1. Logistics & Industrial Packaging
                                                                                  1. Publishing & Commercial Printing
                                                                                  2. By Distribution Channel
                                                                                    1. Direct B2B Supply Contracts
                                                                                      1. Converter-to-Brand Owner Supply
                                                                                        1. Institutional & Government Procurement
                                                                                      2. Canada
                                                                                    2. Europe
                                                                                      1. Market Size and Forecast
                                                                                        1. By Product Type
                                                                                          1. Packaging Converted Paper
                                                                                            1. Tissue & Hygiene Converted Paper
                                                                                              1. Label & Release Converted Paper
                                                                                                1. Printing & Writing Converted Paper
                                                                                                  1. Specialty & Functional Converted Paper
                                                                                                  2. By Raw Material Source
                                                                                                    1. Virgin Fiber-Based Converted Paper
                                                                                                      1. Recycled Fiber-Based Converted Paper
                                                                                                      2. By Processing Technology
                                                                                                        1. Coated & Laminated Paper
                                                                                                          1. Printed & Embossed Paper
                                                                                                            1. Die-Cut & Folded Paper
                                                                                                              1. Silicone-Treated & Specialty Surface Paper
                                                                                                              2. By End-Use Industry
                                                                                                                1. Food & Beverage Packaging
                                                                                                                  1. Healthcare & Pharmaceuticals
                                                                                                                    1. Personal Care & Hygiene
                                                                                                                      1. Retail & E-commerce
                                                                                                                        1. Logistics & Industrial Packaging
                                                                                                                          1. Publishing & Commercial Printing
                                                                                                                          2. By Distribution Channel
                                                                                                                            1. Direct B2B Supply Contracts
                                                                                                                              1. Converter-to-Brand Owner Supply
                                                                                                                                1. Institutional & Government Procurement
                                                                                                                              2. U.K.
                                                                                                                                1. By Product Type
                                                                                                                                  1. Packaging Converted Paper
                                                                                                                                    1. Tissue & Hygiene Converted Paper
                                                                                                                                      1. Label & Release Converted Paper
                                                                                                                                        1. Printing & Writing Converted Paper
                                                                                                                                          1. Specialty & Functional Converted Paper
                                                                                                                                          2. By Raw Material Source
                                                                                                                                            1. Virgin Fiber-Based Converted Paper
                                                                                                                                              1. Recycled Fiber-Based Converted Paper
                                                                                                                                              2. By Processing Technology
                                                                                                                                                1. Coated & Laminated Paper
                                                                                                                                                  1. Printed & Embossed Paper
                                                                                                                                                    1. Die-Cut & Folded Paper
                                                                                                                                                      1. Silicone-Treated & Specialty Surface Paper
                                                                                                                                                      2. By End-Use Industry
                                                                                                                                                        1. Food & Beverage Packaging
                                                                                                                                                          1. Healthcare & Pharmaceuticals
                                                                                                                                                            1. Personal Care & Hygiene
                                                                                                                                                              1. Retail & E-commerce
                                                                                                                                                                1. Logistics & Industrial Packaging
                                                                                                                                                                  1. Publishing & Commercial Printing
                                                                                                                                                                  2. By Distribution Channel
                                                                                                                                                                    1. Direct B2B Supply Contracts
                                                                                                                                                                      1. Converter-to-Brand Owner Supply
                                                                                                                                                                        1. Institutional & Government Procurement
                                                                                                                                                                      2. Germany
                                                                                                                                                                      3. France
                                                                                                                                                                      4. Spain
                                                                                                                                                                      5. Italy
                                                                                                                                                                      6. Russia
                                                                                                                                                                      7. Nordic
                                                                                                                                                                      8. Benelux
                                                                                                                                                                      9. Rest of Europe
                                                                                                                                                                    2. APAC
                                                                                                                                                                      1. Market Size and Forecast
                                                                                                                                                                        1. By Product Type
                                                                                                                                                                          1. Packaging Converted Paper
                                                                                                                                                                            1. Tissue & Hygiene Converted Paper
                                                                                                                                                                              1. Label & Release Converted Paper
                                                                                                                                                                                1. Printing & Writing Converted Paper
                                                                                                                                                                                  1. Specialty & Functional Converted Paper
                                                                                                                                                                                  2. By Raw Material Source
                                                                                                                                                                                    1. Virgin Fiber-Based Converted Paper
                                                                                                                                                                                      1. Recycled Fiber-Based Converted Paper
                                                                                                                                                                                      2. By Processing Technology
                                                                                                                                                                                        1. Coated & Laminated Paper
                                                                                                                                                                                          1. Printed & Embossed Paper
                                                                                                                                                                                            1. Die-Cut & Folded Paper
                                                                                                                                                                                              1. Silicone-Treated & Specialty Surface Paper
                                                                                                                                                                                              2. By End-Use Industry
                                                                                                                                                                                                1. Food & Beverage Packaging
                                                                                                                                                                                                  1. Healthcare & Pharmaceuticals
                                                                                                                                                                                                    1. Personal Care & Hygiene
                                                                                                                                                                                                      1. Retail & E-commerce
                                                                                                                                                                                                        1. Logistics & Industrial Packaging
                                                                                                                                                                                                          1. Publishing & Commercial Printing
                                                                                                                                                                                                          2. By Distribution Channel
                                                                                                                                                                                                            1. Direct B2B Supply Contracts
                                                                                                                                                                                                              1. Converter-to-Brand Owner Supply
                                                                                                                                                                                                                1. Institutional & Government Procurement
                                                                                                                                                                                                              2. China
                                                                                                                                                                                                                1. By Product Type
                                                                                                                                                                                                                  1. Packaging Converted Paper
                                                                                                                                                                                                                    1. Tissue & Hygiene Converted Paper
                                                                                                                                                                                                                      1. Label & Release Converted Paper
                                                                                                                                                                                                                        1. Printing & Writing Converted Paper
                                                                                                                                                                                                                          1. Specialty & Functional Converted Paper
                                                                                                                                                                                                                          2. By Raw Material Source
                                                                                                                                                                                                                            1. Virgin Fiber-Based Converted Paper
                                                                                                                                                                                                                              1. Recycled Fiber-Based Converted Paper
                                                                                                                                                                                                                              2. By Processing Technology
                                                                                                                                                                                                                                1. Coated & Laminated Paper
                                                                                                                                                                                                                                  1. Printed & Embossed Paper
                                                                                                                                                                                                                                    1. Die-Cut & Folded Paper
                                                                                                                                                                                                                                      1. Silicone-Treated & Specialty Surface Paper
                                                                                                                                                                                                                                      2. By End-Use Industry
                                                                                                                                                                                                                                        1. Food & Beverage Packaging
                                                                                                                                                                                                                                          1. Healthcare & Pharmaceuticals
                                                                                                                                                                                                                                            1. Personal Care & Hygiene
                                                                                                                                                                                                                                              1. Retail & E-commerce
                                                                                                                                                                                                                                                1. Logistics & Industrial Packaging
                                                                                                                                                                                                                                                  1. Publishing & Commercial Printing
                                                                                                                                                                                                                                                  2. By Distribution Channel
                                                                                                                                                                                                                                                    1. Direct B2B Supply Contracts
                                                                                                                                                                                                                                                      1. Converter-to-Brand Owner Supply
                                                                                                                                                                                                                                                        1. Institutional & Government Procurement
                                                                                                                                                                                                                                                      2. Korea
                                                                                                                                                                                                                                                      3. Japan
                                                                                                                                                                                                                                                      4. India
                                                                                                                                                                                                                                                      5. Australia
                                                                                                                                                                                                                                                      6. Singapore
                                                                                                                                                                                                                                                      7. Taiwan
                                                                                                                                                                                                                                                      8. South East Asia
                                                                                                                                                                                                                                                      9. Rest of Asia-Pacific
                                                                                                                                                                                                                                                    2. Middle East and Africa
                                                                                                                                                                                                                                                      1. Market Size and Forecast
                                                                                                                                                                                                                                                        1. By Product Type
                                                                                                                                                                                                                                                          1. Packaging Converted Paper
                                                                                                                                                                                                                                                            1. Tissue & Hygiene Converted Paper
                                                                                                                                                                                                                                                              1. Label & Release Converted Paper
                                                                                                                                                                                                                                                                1. Printing & Writing Converted Paper
                                                                                                                                                                                                                                                                  1. Specialty & Functional Converted Paper
                                                                                                                                                                                                                                                                  2. By Raw Material Source
                                                                                                                                                                                                                                                                    1. Virgin Fiber-Based Converted Paper
                                                                                                                                                                                                                                                                      1. Recycled Fiber-Based Converted Paper
                                                                                                                                                                                                                                                                      2. By Processing Technology
                                                                                                                                                                                                                                                                        1. Coated & Laminated Paper
                                                                                                                                                                                                                                                                          1. Printed & Embossed Paper
                                                                                                                                                                                                                                                                            1. Die-Cut & Folded Paper
                                                                                                                                                                                                                                                                              1. Silicone-Treated & Specialty Surface Paper
                                                                                                                                                                                                                                                                              2. By End-Use Industry
                                                                                                                                                                                                                                                                                1. Food & Beverage Packaging
                                                                                                                                                                                                                                                                                  1. Healthcare & Pharmaceuticals
                                                                                                                                                                                                                                                                                    1. Personal Care & Hygiene
                                                                                                                                                                                                                                                                                      1. Retail & E-commerce
                                                                                                                                                                                                                                                                                        1. Logistics & Industrial Packaging
                                                                                                                                                                                                                                                                                          1. Publishing & Commercial Printing
                                                                                                                                                                                                                                                                                          2. By Distribution Channel
                                                                                                                                                                                                                                                                                            1. Direct B2B Supply Contracts
                                                                                                                                                                                                                                                                                              1. Converter-to-Brand Owner Supply
                                                                                                                                                                                                                                                                                                1. Institutional & Government Procurement
                                                                                                                                                                                                                                                                                              2. UAE
                                                                                                                                                                                                                                                                                                1. By Product Type
                                                                                                                                                                                                                                                                                                  1. Packaging Converted Paper
                                                                                                                                                                                                                                                                                                    1. Tissue & Hygiene Converted Paper
                                                                                                                                                                                                                                                                                                      1. Label & Release Converted Paper
                                                                                                                                                                                                                                                                                                        1. Printing & Writing Converted Paper
                                                                                                                                                                                                                                                                                                          1. Specialty & Functional Converted Paper
                                                                                                                                                                                                                                                                                                          2. By Raw Material Source
                                                                                                                                                                                                                                                                                                            1. Virgin Fiber-Based Converted Paper
                                                                                                                                                                                                                                                                                                              1. Recycled Fiber-Based Converted Paper
                                                                                                                                                                                                                                                                                                              2. By Processing Technology
                                                                                                                                                                                                                                                                                                                1. Coated & Laminated Paper
                                                                                                                                                                                                                                                                                                                  1. Printed & Embossed Paper
                                                                                                                                                                                                                                                                                                                    1. Die-Cut & Folded Paper
                                                                                                                                                                                                                                                                                                                      1. Silicone-Treated & Specialty Surface Paper
                                                                                                                                                                                                                                                                                                                      2. By End-Use Industry
                                                                                                                                                                                                                                                                                                                        1. Food & Beverage Packaging
                                                                                                                                                                                                                                                                                                                          1. Healthcare & Pharmaceuticals
                                                                                                                                                                                                                                                                                                                            1. Personal Care & Hygiene
                                                                                                                                                                                                                                                                                                                              1. Retail & E-commerce
                                                                                                                                                                                                                                                                                                                                1. Logistics & Industrial Packaging
                                                                                                                                                                                                                                                                                                                                  1. Publishing & Commercial Printing
                                                                                                                                                                                                                                                                                                                                  2. By Distribution Channel
                                                                                                                                                                                                                                                                                                                                    1. Direct B2B Supply Contracts
                                                                                                                                                                                                                                                                                                                                      1. Converter-to-Brand Owner Supply
                                                                                                                                                                                                                                                                                                                                        1. Institutional & Government Procurement
                                                                                                                                                                                                                                                                                                                                      2. Turky
                                                                                                                                                                                                                                                                                                                                      3. Saudi Arabia
                                                                                                                                                                                                                                                                                                                                      4. South Africa
                                                                                                                                                                                                                                                                                                                                      5. Egypt
                                                                                                                                                                                                                                                                                                                                      6. Nigeria
                                                                                                                                                                                                                                                                                                                                      7. Rest of MEA
                                                                                                                                                                                                                                                                                                                                    2. LATAM
                                                                                                                                                                                                                                                                                                                                      1. Market Size and Forecast
                                                                                                                                                                                                                                                                                                                                        1. By Product Type
                                                                                                                                                                                                                                                                                                                                          1. Packaging Converted Paper
                                                                                                                                                                                                                                                                                                                                            1. Tissue & Hygiene Converted Paper
                                                                                                                                                                                                                                                                                                                                              1. Label & Release Converted Paper
                                                                                                                                                                                                                                                                                                                                                1. Printing & Writing Converted Paper
                                                                                                                                                                                                                                                                                                                                                  1. Specialty & Functional Converted Paper
                                                                                                                                                                                                                                                                                                                                                  2. By Raw Material Source
                                                                                                                                                                                                                                                                                                                                                    1. Virgin Fiber-Based Converted Paper
                                                                                                                                                                                                                                                                                                                                                      1. Recycled Fiber-Based Converted Paper
                                                                                                                                                                                                                                                                                                                                                      2. By Processing Technology
                                                                                                                                                                                                                                                                                                                                                        1. Coated & Laminated Paper
                                                                                                                                                                                                                                                                                                                                                          1. Printed & Embossed Paper
                                                                                                                                                                                                                                                                                                                                                            1. Die-Cut & Folded Paper
                                                                                                                                                                                                                                                                                                                                                              1. Silicone-Treated & Specialty Surface Paper
                                                                                                                                                                                                                                                                                                                                                              2. By End-Use Industry
                                                                                                                                                                                                                                                                                                                                                                1. Food & Beverage Packaging
                                                                                                                                                                                                                                                                                                                                                                  1. Healthcare & Pharmaceuticals
                                                                                                                                                                                                                                                                                                                                                                    1. Personal Care & Hygiene
                                                                                                                                                                                                                                                                                                                                                                      1. Retail & E-commerce
                                                                                                                                                                                                                                                                                                                                                                        1. Logistics & Industrial Packaging
                                                                                                                                                                                                                                                                                                                                                                          1. Publishing & Commercial Printing
                                                                                                                                                                                                                                                                                                                                                                          2. By Distribution Channel
                                                                                                                                                                                                                                                                                                                                                                            1. Direct B2B Supply Contracts
                                                                                                                                                                                                                                                                                                                                                                              1. Converter-to-Brand Owner Supply
                                                                                                                                                                                                                                                                                                                                                                                1. Institutional & Government Procurement
                                                                                                                                                                                                                                                                                                                                                                              2. Brazil
                                                                                                                                                                                                                                                                                                                                                                                1. By Product Type
                                                                                                                                                                                                                                                                                                                                                                                  1. Packaging Converted Paper
                                                                                                                                                                                                                                                                                                                                                                                    1. Tissue & Hygiene Converted Paper
                                                                                                                                                                                                                                                                                                                                                                                      1. Label & Release Converted Paper
                                                                                                                                                                                                                                                                                                                                                                                        1. Printing & Writing Converted Paper
                                                                                                                                                                                                                                                                                                                                                                                          1. Specialty & Functional Converted Paper
                                                                                                                                                                                                                                                                                                                                                                                          2. By Raw Material Source
                                                                                                                                                                                                                                                                                                                                                                                            1. Virgin Fiber-Based Converted Paper
                                                                                                                                                                                                                                                                                                                                                                                              1. Recycled Fiber-Based Converted Paper
                                                                                                                                                                                                                                                                                                                                                                                              2. By Processing Technology
                                                                                                                                                                                                                                                                                                                                                                                                1. Coated & Laminated Paper
                                                                                                                                                                                                                                                                                                                                                                                                  1. Printed & Embossed Paper
                                                                                                                                                                                                                                                                                                                                                                                                    1. Die-Cut & Folded Paper
                                                                                                                                                                                                                                                                                                                                                                                                      1. Silicone-Treated & Specialty Surface Paper
                                                                                                                                                                                                                                                                                                                                                                                                      2. By End-Use Industry
                                                                                                                                                                                                                                                                                                                                                                                                        1. Food & Beverage Packaging
                                                                                                                                                                                                                                                                                                                                                                                                          1. Healthcare & Pharmaceuticals
                                                                                                                                                                                                                                                                                                                                                                                                            1. Personal Care & Hygiene
                                                                                                                                                                                                                                                                                                                                                                                                              1. Retail & E-commerce
                                                                                                                                                                                                                                                                                                                                                                                                                1. Logistics & Industrial Packaging
                                                                                                                                                                                                                                                                                                                                                                                                                  1. Publishing & Commercial Printing
                                                                                                                                                                                                                                                                                                                                                                                                                  2. By Distribution Channel
                                                                                                                                                                                                                                                                                                                                                                                                                    1. Direct B2B Supply Contracts
                                                                                                                                                                                                                                                                                                                                                                                                                      1. Converter-to-Brand Owner Supply
                                                                                                                                                                                                                                                                                                                                                                                                                        1. Institutional & Government Procurement
                                                                                                                                                                                                                                                                                                                                                                                                                      2. Mexico
                                                                                                                                                                                                                                                                                                                                                                                                                      3. Argentina
                                                                                                                                                                                                                                                                                                                                                                                                                      4. Chile
                                                                                                                                                                                                                                                                                                                                                                                                                      5. Colombia
                                                                                                                                                                                                                                                                                                                                                                                                                      6. Rest of LATAM
                                                                                                                                                                                                                                                                                                                                                                                                                  3. Competitive Landscape, 2024
                                                                                                                                                                                                                                                                                                                                                                                                                    1. Introduction
                                                                                                                                                                                                                                                                                                                                                                                                                    2. Converted Paper Market Share Analysis, 2024 (%)
                                                                                                                                                                                                                                                                                                                                                                                                                      1. Market Share Analysis, 2024
                                                                                                                                                                                                                                                                                                                                                                                                                      2. Competition Ranking, 2024
                                                                                                                                                                                                                                                                                                                                                                                                                      3. Key Developments & Growth Strategies
                                                                                                                                                                                                                                                                                                                                                                                                                        1. Merger & Acquisition
                                                                                                                                                                                                                                                                                                                                                                                                                        2. Product Launch
                                                                                                                                                                                                                                                                                                                                                                                                                        3. Expansion
                                                                                                                                                                                                                                                                                                                                                                                                                      4. Consolidated SWOT Analysis of Key Players
                                                                                                                                                                                                                                                                                                                                                                                                                  4. Company Profile
                                                                                                                                                                                                                                                                                                                                                                                                                    1. International Paper
                                                                                                                                                                                                                                                                                                                                                                                                                      1. Business Overview
                                                                                                                                                                                                                                                                                                                                                                                                                      2. Financial Data
                                                                                                                                                                                                                                                                                                                                                                                                                      3. Key Product domains
                                                                                                                                                                                                                                                                                                                                                                                                                      4. Recent Developments
                                                                                                                                                                                                                                                                                                                                                                                                                    2. Smurfit Kappa Group
                                                                                                                                                                                                                                                                                                                                                                                                                    3. WestRock Company
                                                                                                                                                                                                                                                                                                                                                                                                                    4. Mondi Group
                                                                                                                                                                                                                                                                                                                                                                                                                    5. Stora Enso Oyj
                                                                                                                                                                                                                                                                                                                                                                                                                    6. DS Smith Plc
                                                                                                                                                                                                                                                                                                                                                                                                                    7. UPM-Kymmene Corporation
                                                                                                                                                                                                                                                                                                                                                                                                                    8. Oji Holdings Corporation
                                                                                                                                                                                                                                                                                                                                                                                                                    9. Nippon Paper Industries Co., Ltd.
                                                                                                                                                                                                                                                                                                                                                                                                                    10. Georgia-Pacific LLC