Bangladesh Paper Industry Research Report 2024-2033
'Paper' generally refers to thin and smooth substances derived from cellulosic sources such as wood pulp, paper grass, or recycled paper. It serves as a versatile, biodegradable material used for writing, printing, drawing, and packaging. Known for its lightness, rugged flexibility, ease of manipulation, and cost-effectiveness, paper finds extensive use in various fields. In this context, the term 'paper' extends beyond conventional sheets to include related cellulose-based products such as cardboard, pulp products, and similar materials.
Bangladesh's paper industry is highly concentrated. According to CRI, companies such as Bashundhara Paper Mills, Monospool Paper Manufacturing Company, Partex Pulp & Paper Mills, Meghna Paper Mills, and Papertech Industries have managed to capture a large share of the domestic market and establish a prominent presence in the industry.
Bangladesh is currently navigating through rocky roads and is in a precarious situation with continuous depletion of foreign exchange reserves and a dollar crisis leading to skyrocketing prices of imports. Amidst all the economic uncertainties, the paper and paper products industry are generating optimism in a period of declining export earnings for the country's manufacturing products and is currently emerging as one of the few bright sparks in Bangladesh's export segments.
Its meteoric rise in recent years can be attributed to the widespread need for paper products at home and abroad. Though paper manufacturing is largely synonymous with heavy imports of raw materials, i.e. pulp, the recent surge in paper exports tells a different story as Bangladesh has gained considerable ground in this area. In particular, the private paper mills have leapt ahead of the state-owned paper mills in meeting the local and foreign demand for high quality paper products with their modern technologies. According to CRI, of the 105 paper mills in Bangladesh, nearly 70 private paper mills are currently operating with a combined annual production capacity of more than 1.5 million metric tons of paper products.
Despite a demand of 900 thousand tons of different types of paper in Bangladesh, the country's 20-30 large and numerous small manufacturers have a production capacity of 1.6 million tons in 2023. With the local paper market size valued at around US$ 460 million, writing and printing papers dominate, accounting for 60-70% of the market share. While Bangladesh was completely dependent on paper imports a decade ago, the domestic industry has been developing since the 1980s, especially with significant investments by industrial groups in the 1990s, leading to self-sufficiency.
Currently, the country's paper mills not only meet local demand but also export surplus products, providing employment to around 150 million people. The sector has seen substantial investments, totaling US$ 6.44 billion, with around 300 sub-industries and ancillary businesses contributing to its ecosystem, including printing, publishing, ink production, decoration, packaging and binding.
While consumption of newsprint and publication paper has been steadily declining due to digital disruption and pandemic-related school closures. Diversified product segments such as tissue and hygiene are doing well and showing healthy growth. This shift presents both challenges and opportunities for the paper industry. While traditional paper products face declining demand, there is potential to innovate and adapt to meet the growing demand for hygiene and essential products. Paper manufacturers may need to diversify their product lines, invest in research and development, and explore new market segments to remain competitive in the evolving landscape.
According to CRI, due to the relatively small size of the paper industry in Bangladesh, there is significant room for development and an increasing number of paper mills are diversifying their product offerings. The paper market size in Bangladesh is projected to grow from US$ 485.3 million in 2024 to US$ 785.7 million in 2033, representing a compound annual growth rate (CAGR) of 5.5%.
Topics covered:
Bangladesh Paper Industry Overview
The economic and policy environment of Bangladesh's paper industry
Bangladesh Paper Industry Market Size, 2023-2032
Analysis of the main Bangladeshis paper production enterprises
Key drivers and market opportunities for Bangladesh's paper industry
What are the key drivers, challenges and opportunities for Bangladesh's paper industry during the forecast period 2023-2032?
Which companies are the key players in the Bangladesh paper industry market and what are their competitive advantages?
What is the expected revenue of Bangladesh paper industry market during the forecast period 2023-2032?
What are the strategies adopted by the key players in the market to increase their market share in the industry?
Which segment of the Bangladesh paper industry market is expected to dominate the market by 2032?
What are the main negative factors facing the paper industry in Bangladesh?
Bangladesh's paper industry is highly concentrated. According to CRI, companies such as Bashundhara Paper Mills, Monospool Paper Manufacturing Company, Partex Pulp & Paper Mills, Meghna Paper Mills, and Papertech Industries have managed to capture a large share of the domestic market and establish a prominent presence in the industry.
Bangladesh is currently navigating through rocky roads and is in a precarious situation with continuous depletion of foreign exchange reserves and a dollar crisis leading to skyrocketing prices of imports. Amidst all the economic uncertainties, the paper and paper products industry are generating optimism in a period of declining export earnings for the country's manufacturing products and is currently emerging as one of the few bright sparks in Bangladesh's export segments.
Its meteoric rise in recent years can be attributed to the widespread need for paper products at home and abroad. Though paper manufacturing is largely synonymous with heavy imports of raw materials, i.e. pulp, the recent surge in paper exports tells a different story as Bangladesh has gained considerable ground in this area. In particular, the private paper mills have leapt ahead of the state-owned paper mills in meeting the local and foreign demand for high quality paper products with their modern technologies. According to CRI, of the 105 paper mills in Bangladesh, nearly 70 private paper mills are currently operating with a combined annual production capacity of more than 1.5 million metric tons of paper products.
Despite a demand of 900 thousand tons of different types of paper in Bangladesh, the country's 20-30 large and numerous small manufacturers have a production capacity of 1.6 million tons in 2023. With the local paper market size valued at around US$ 460 million, writing and printing papers dominate, accounting for 60-70% of the market share. While Bangladesh was completely dependent on paper imports a decade ago, the domestic industry has been developing since the 1980s, especially with significant investments by industrial groups in the 1990s, leading to self-sufficiency.
Currently, the country's paper mills not only meet local demand but also export surplus products, providing employment to around 150 million people. The sector has seen substantial investments, totaling US$ 6.44 billion, with around 300 sub-industries and ancillary businesses contributing to its ecosystem, including printing, publishing, ink production, decoration, packaging and binding.
While consumption of newsprint and publication paper has been steadily declining due to digital disruption and pandemic-related school closures. Diversified product segments such as tissue and hygiene are doing well and showing healthy growth. This shift presents both challenges and opportunities for the paper industry. While traditional paper products face declining demand, there is potential to innovate and adapt to meet the growing demand for hygiene and essential products. Paper manufacturers may need to diversify their product lines, invest in research and development, and explore new market segments to remain competitive in the evolving landscape.
According to CRI, due to the relatively small size of the paper industry in Bangladesh, there is significant room for development and an increasing number of paper mills are diversifying their product offerings. The paper market size in Bangladesh is projected to grow from US$ 485.3 million in 2024 to US$ 785.7 million in 2033, representing a compound annual growth rate (CAGR) of 5.5%.
Topics covered:
Bangladesh Paper Industry Overview
The economic and policy environment of Bangladesh's paper industry
Bangladesh Paper Industry Market Size, 2023-2032
Analysis of the main Bangladeshis paper production enterprises
Key drivers and market opportunities for Bangladesh's paper industry
What are the key drivers, challenges and opportunities for Bangladesh's paper industry during the forecast period 2023-2032?
Which companies are the key players in the Bangladesh paper industry market and what are their competitive advantages?
What is the expected revenue of Bangladesh paper industry market during the forecast period 2023-2032?
What are the strategies adopted by the key players in the market to increase their market share in the industry?
Which segment of the Bangladesh paper industry market is expected to dominate the market by 2032?
What are the main negative factors facing the paper industry in Bangladesh?
1. OVERVIEW OF BANGLADESH
1.1 Geographical Situation
1.2 Demographic Structure of Bangladesh
1.3 The Economic Situation in Bangladesh
1.4 Minimum Wage in Bangladesh, 2014-2023
1.5 Impact of COVID-19 on the Paper Industry in Bangladesh
2. OVERVIEW OF BANGLADESH’S PAPER INDUSTRY
2.1 History of Bangladesh’s Paper Industry Development
2.2 FDI in Bangladesh’s Paper Industry
2.3 Social Environment of Bangladesh’s Paper Industry
2.4 Policy Environment of Bangladesh’s Paper Industry
3. BANGLADESH’S PAPER INDUSTRY SUPPLY AND DEMAND SITUATION
3.1 Bangladesh’s Paper Industry Supply Situation
3.2 Bangladesh’s Paper Industry Demand Situation
4. BANGLADESH’S PAPER INDUSTRY IMPORT AND EXPORT SITUATION
4.1 Bangladesh’s Paper Industry Import Situation
4.1.1 Import Volume and Import Value of Bangladesh’s Paper Industry
4.1.2 Main Import Sources of Bangladesh’s Paper
4.2 Bangladesh’s Paper Industry Export Situation
4.2.1 Export Volume and Import Value of Bangladesh’s Paper Industry
4.2.2 Main Export Destinations of Bangladesh’s Paper
5. COST ANALYSIS OF THE BANGLADESH’S PAPER INDUSTRY
5.1 Bangladesh paper industry cost analysis
5.2 Price of paper and paper products in Bangladesh
6. MARKET COMPETITION OF BANGLADESH’S PAPER INDUSTRY
6.1 Barriers to entry in the Bangladesh’s Paper Industry
6.1.1 Brand Barriers
6.1.2 Quality Barriers
6.1.3 Capital Barriers
6.2 Competitive Structure of Bangladesh’s Paper Industry
6.2.1 Bargaining Power of Upstream Suppliers
6.2.2 Consumer Bargaining Power
6.2.3 Competition in Bangladesh’s Paper Industry
6.2.4 Threat of Potential Entrants
6.2.5 Threat of Substitutes
7. ANALYSIS OF THE LEADING PAPER MILLS IN BANGLADESH, 2023
7.1 Bashundhara Paper Mills
7.1.1 Corporate Profile of Bashundhara Paper Mills
7.1.2 Operations of Bashundhara Paper Mills in Bangladesh
7.2 Monospool Paper Manufacturing Company
7.2.1 Corporate Profile of Monospool Paper Manufacturing Company
7.2.2 Operations of Monospool Paper Manufacturing Company in Bangladesh
7.3 Papertech Industries
7.3.1 Corporate Profile of Papertech Industries
7.3.2 Operations of Papertech Industries in Bangladesh
7.4 Partex Pulp & Paper Mills
7.4.1 Corporate Profile of Partex Pulp & Paper Mills
7.4.2 Operations of Partex Pulp & Paper Mills in Bangladesh
7.5 Meghna Paper Mills
7.5.1 Corporate Profile of Meghna Paper Mills
7.5.2 Operations of Meghna Paper Mills
7.6 Platinum Print& Pack Ltd.
7.6.1 Corporate Profile of Platinum Print& Pack Ltd.
7.6.2 Operations of Platinum Print& Pack Ltd. in Bangladesh
7.7 Master Simex Paper Ltd.
7.7.1 Corporate Profile of Master Simex Paper Ltd.
7.7.2 Operations of Master Simex Paper Ltd. in Bangladesh
7.8 Uniglory Paper & Packaging Ltd.
7.8.1 Corporate Profile of Uniglory Paper & Packaging Ltd.
7.8.2 Operations of Uniglory Paper & Packaging Ltd. in Bangladesh
7.9 Amber Super Paper Ltd.
7.9.1 Corporate Profile of Amber Super Paper Ltd.
7.9.2 Operations of Amber Super Paper Ltd. in Bangladesh
7.10 Prime Polymer Ind. (Pte) Ltd.
7.10.1 Corporate Profile of Prime Polymer Ind. (Pte) Ltd.
7.10.2 Operations of Prime Polymer Ind. (Pte) Ltd. in Bangladesh
8. BANGLADESH’S PAPER INDUSTRY OUTLOOK, 2024-2033
8.1 Analysis of Factors Influencing the Development of the Bangladesh’s Paper Industry
8.1.1 Drivers and Development Opportunities
8.1.2 Threats and Challenges
8.2 Supply Forecast of Bangladesh’s Paper Industry, 2024-2033
8.3 Demand Forecast of Bangladesh’s Paper Industry, 2024-2033
8.4 Import and Export Forecast of Bangladesh’s Paper Industry, 2024-2033
Disclaimer
Service Guarantees
LIST OF CHARTS
Chart Location of Bangladesh in Asia
Chart Population of Bangladesh as of the end of 2018-2023
Chart 2011-2023 Bangladesh GDP per capita
Chart 2015-2024 Minimum Monthly Wage in Bangladesh
Chart Output Volume of paper and paper products in Bangladesh
Chart Consumption of paper and paper products in Bangladesh
Chart Market size of paper and paper products in Bangladesh
Chart Bangladesh's import volume of paper and paper products, 2018-2023
Chart 2018-2023 Bangladesh's paper and paper products import Value
Chart Bangladesh's main import sources of paper products 2023
Chart Retail Electricity Price of Manufacturing Industry in Bangladesh
Chart Average price of facial paper in Bangladesh (USD per ton)
Chart Average price of toilet paper in Bangladesh (USD per ton)
Chart Average price of printing and writing paper in Bangladesh (USD per ton)
Chart Average price of corrugated paper in Bangladesh (USD per ton)
Chart Profile of Bangladesh Paper Corporation
Chart Profile of Saigon Paper Corporation
Chart Forecast on Bangladesh’s production volume of paper and paper products 2024-2033(Unit in thousand tons)
Chart Forecast on Bangladesh’s consumption volume of paper and paper products 2024-2033(Unit in thousand tons)
Chart Forecast on market size of Bangladesh’s paper and paper products 2024-2033
1.1 Geographical Situation
1.2 Demographic Structure of Bangladesh
1.3 The Economic Situation in Bangladesh
1.4 Minimum Wage in Bangladesh, 2014-2023
1.5 Impact of COVID-19 on the Paper Industry in Bangladesh
2. OVERVIEW OF BANGLADESH’S PAPER INDUSTRY
2.1 History of Bangladesh’s Paper Industry Development
2.2 FDI in Bangladesh’s Paper Industry
2.3 Social Environment of Bangladesh’s Paper Industry
2.4 Policy Environment of Bangladesh’s Paper Industry
3. BANGLADESH’S PAPER INDUSTRY SUPPLY AND DEMAND SITUATION
3.1 Bangladesh’s Paper Industry Supply Situation
3.2 Bangladesh’s Paper Industry Demand Situation
4. BANGLADESH’S PAPER INDUSTRY IMPORT AND EXPORT SITUATION
4.1 Bangladesh’s Paper Industry Import Situation
4.1.1 Import Volume and Import Value of Bangladesh’s Paper Industry
4.1.2 Main Import Sources of Bangladesh’s Paper
4.2 Bangladesh’s Paper Industry Export Situation
4.2.1 Export Volume and Import Value of Bangladesh’s Paper Industry
4.2.2 Main Export Destinations of Bangladesh’s Paper
5. COST ANALYSIS OF THE BANGLADESH’S PAPER INDUSTRY
5.1 Bangladesh paper industry cost analysis
5.2 Price of paper and paper products in Bangladesh
6. MARKET COMPETITION OF BANGLADESH’S PAPER INDUSTRY
6.1 Barriers to entry in the Bangladesh’s Paper Industry
6.1.1 Brand Barriers
6.1.2 Quality Barriers
6.1.3 Capital Barriers
6.2 Competitive Structure of Bangladesh’s Paper Industry
6.2.1 Bargaining Power of Upstream Suppliers
6.2.2 Consumer Bargaining Power
6.2.3 Competition in Bangladesh’s Paper Industry
6.2.4 Threat of Potential Entrants
6.2.5 Threat of Substitutes
7. ANALYSIS OF THE LEADING PAPER MILLS IN BANGLADESH, 2023
7.1 Bashundhara Paper Mills
7.1.1 Corporate Profile of Bashundhara Paper Mills
7.1.2 Operations of Bashundhara Paper Mills in Bangladesh
7.2 Monospool Paper Manufacturing Company
7.2.1 Corporate Profile of Monospool Paper Manufacturing Company
7.2.2 Operations of Monospool Paper Manufacturing Company in Bangladesh
7.3 Papertech Industries
7.3.1 Corporate Profile of Papertech Industries
7.3.2 Operations of Papertech Industries in Bangladesh
7.4 Partex Pulp & Paper Mills
7.4.1 Corporate Profile of Partex Pulp & Paper Mills
7.4.2 Operations of Partex Pulp & Paper Mills in Bangladesh
7.5 Meghna Paper Mills
7.5.1 Corporate Profile of Meghna Paper Mills
7.5.2 Operations of Meghna Paper Mills
7.6 Platinum Print& Pack Ltd.
7.6.1 Corporate Profile of Platinum Print& Pack Ltd.
7.6.2 Operations of Platinum Print& Pack Ltd. in Bangladesh
7.7 Master Simex Paper Ltd.
7.7.1 Corporate Profile of Master Simex Paper Ltd.
7.7.2 Operations of Master Simex Paper Ltd. in Bangladesh
7.8 Uniglory Paper & Packaging Ltd.
7.8.1 Corporate Profile of Uniglory Paper & Packaging Ltd.
7.8.2 Operations of Uniglory Paper & Packaging Ltd. in Bangladesh
7.9 Amber Super Paper Ltd.
7.9.1 Corporate Profile of Amber Super Paper Ltd.
7.9.2 Operations of Amber Super Paper Ltd. in Bangladesh
7.10 Prime Polymer Ind. (Pte) Ltd.
7.10.1 Corporate Profile of Prime Polymer Ind. (Pte) Ltd.
7.10.2 Operations of Prime Polymer Ind. (Pte) Ltd. in Bangladesh
8. BANGLADESH’S PAPER INDUSTRY OUTLOOK, 2024-2033
8.1 Analysis of Factors Influencing the Development of the Bangladesh’s Paper Industry
8.1.1 Drivers and Development Opportunities
8.1.2 Threats and Challenges
8.2 Supply Forecast of Bangladesh’s Paper Industry, 2024-2033
8.3 Demand Forecast of Bangladesh’s Paper Industry, 2024-2033
8.4 Import and Export Forecast of Bangladesh’s Paper Industry, 2024-2033
Disclaimer
Service Guarantees
LIST OF CHARTS
Chart Location of Bangladesh in Asia
Chart Population of Bangladesh as of the end of 2018-2023
Chart 2011-2023 Bangladesh GDP per capita
Chart 2015-2024 Minimum Monthly Wage in Bangladesh
Chart Output Volume of paper and paper products in Bangladesh
Chart Consumption of paper and paper products in Bangladesh
Chart Market size of paper and paper products in Bangladesh
Chart Bangladesh's import volume of paper and paper products, 2018-2023
Chart 2018-2023 Bangladesh's paper and paper products import Value
Chart Bangladesh's main import sources of paper products 2023
Chart Retail Electricity Price of Manufacturing Industry in Bangladesh
Chart Average price of facial paper in Bangladesh (USD per ton)
Chart Average price of toilet paper in Bangladesh (USD per ton)
Chart Average price of printing and writing paper in Bangladesh (USD per ton)
Chart Average price of corrugated paper in Bangladesh (USD per ton)
Chart Profile of Bangladesh Paper Corporation
Chart Profile of Saigon Paper Corporation
Chart Forecast on Bangladesh’s production volume of paper and paper products 2024-2033(Unit in thousand tons)
Chart Forecast on Bangladesh’s consumption volume of paper and paper products 2024-2033(Unit in thousand tons)
Chart Forecast on market size of Bangladesh’s paper and paper products 2024-2033
