The Evolution of Global Paper Indutry

Abstract

Industries are assumed to follow a specific life cycle characterized by stages of nascence, growth, maturity and decline apparent in firm numbers, production volume and technological activity. Pulp and paper industries not exceptions to this rule. Quite the contrary. The history of these lines of business seems to follow similar path dependent evolution in any given country. Constrained with market growth, available resources and technology, pulp and paper industry has experienced stages of growth, maturation, and even decline in a numerous mature economies.