Statistic compiled using multiple editions of the same report. Members of CEPI include: Austria, Belgium, Czechia, Finland, France, Germany, Hungary, Italy, the Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, and the United Kingdom. 2019 and 2020 figures are based on members’ data, Eurostat, and estimates for some countries.
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European pulp and paper industry revenue 2000-2024
In 2024, the European pulp and paper industry generated revenue of ** billion euros, down from some ** billion euros one year prior. In 2020, the industry was heavily impacted by the coronavirus pandemic. However, the sector has shown signs of post-COVID recovery since then.
Pulp and paper production in Europe
The pulp and paper industry encompasses the production of pulp, paper, paperboard, and other cellulose-based products from wood. Sweden, Germany, and Finland have among the largest forestry and, by extension, pulp and paper industries in Europe. In 2024, Sweden and Finland accounted for over ** percent of Europe's pulp production, while Germany produced almost * of the region's paper and board.
European pulp & paper companies
The Nordic countries are also the headquarters of some of the largest paper companies in Europe. Based on revenues of over ** billion euros, the Finnish companies Stora Enso and UPM Kymmene were among the leading European forestry and paper companies in 2024, after Ireland-based Smurfit WestRock, the merger of Smurfit Kappa and WestRock.
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CEPI. (July 11, 2025). Revenue of the European pulp and paper industry from 2000 to 2024 (in million euros) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved August 04, 2026, from /statistics/273940/revenue-of-the-european-pulp-and-paper-industry-since-2000/
CEPI. "Revenue of the European pulp and paper industry from 2000 to 2024 (in million euros)." Chart. July 11, 2025. ÌÇÐÄÆÆ½â°æ. Accessed August 04, 2026. /statistics/273940/revenue-of-the-european-pulp-and-paper-industry-since-2000/
CEPI. (2025). Revenue of the European pulp and paper industry from 2000 to 2024 (in million euros). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: August 04, 2026. /statistics/273940/revenue-of-the-european-pulp-and-paper-industry-since-2000/
CEPI. "Revenue of The European Pulp and Paper Industry from 2000 to 2024 (in Million Euros)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 11 Jul 2025, /statistics/273940/revenue-of-the-european-pulp-and-paper-industry-since-2000/
CEPI, Revenue of the European pulp and paper industry from 2000 to 2024 (in million euros) ÌÇÐÄÆÆ½â°æ, /statistics/273940/revenue-of-the-european-pulp-and-paper-industry-since-2000/ (last visited August 04, 2026)
Revenue of the European pulp and paper industry from 2000 to 2024 (in million euros) [Graph], CEPI, July 11, 2025. [Online]. Available: /statistics/273940/revenue-of-the-european-pulp-and-paper-industry-since-2000/