Market status, competition pattern and development trend of China paper industry in 2021

From the perspective of the production structure of subdivided products, the main products of paper and cardboard are: the production of uncoated writing paper accounts for 16.54% of the total production of paper and cardboard, the production of box board accounts for 20.34% of the total production of paper and cardboard, the production of corrugated base paper accounts for 20.62% of the total production of paper and cardboard, and the output of newsprint, special paper and cardboard is relatively small.

From the consumption point of view, the consumption structure of the main products of paper and cardboard is similar to the output structure: The consumption of uncoated writing paper accounted for 16.34% of the total consumption of paper and board, the consumption of box board accounted for 22.45% of the total consumption of paper and board, the consumption of corrugated base paper accounted for 22.18% of the total consumption of paper and board, and the consumption of newsprint, special paper and board was still small.

4. Enterprises with low concentration in China's paper industry are mainly distributed in the eastern region

According to the "China Paper Industry 2019 Annual Report" released by the China Paper Association, the output of China's paper industry products in 2019 is mainly concentrated in the eastern region. In 2019, 17 provinces (autonomous regions and municipalities) of Guangdong, Shandong, Zhejiang, Jiangsu, Fujian, Henan, Hubei, Anhui, Chongqing, Sichuan, Guangxi, Hebei, Jiangxi, Hunan, Tianjin, Hainan and Liaoning produced more than 1 million tons of paper and paperboard, with a total output of 104.12 million tons, accounting for 96.72% of the total output of paper and paperboard in the country. The output of Guangdong Province and Shandong Province reached 18.64 million tons and 18.3 million tons, accounting for 17.32% and 17.00% respectively.

China's main paper enterprises include Nine Dragons Paper, Liwen Paper, Shandong Chenming and so on, among which Nine Dragons Paper has the largest output of more than 15 million tons, far ahead of other key paper enterprises.

From the perspective of the overall production and sales data of the industry, after the environmental protection policy to reduce capacity since 2010, the CR10 of the paper industry has gradually increased from 28.7% in 2012 to 45.7% in 2019, and the US paper industry has reached about 90% after experiencing environmental protection legislation to reduce capacity and industry mergers and acquisitions. From this point of view, the concentration of China's paper industry is still low.

5. Analysis of the development trend of China's paper industry

At present, although China's paper industry is still facing the problem of oversupply and low industry concentration, it is still accelerating the adjustment of industrial structure. In the future, China's paper industry will pay more attention to quality. Pay more attention to technological innovation in the industry, and enterprises will continue to go abroad and go international. Overall, the overall development prospects of China's paper industry are good.