Largest paper and pulp companies by market cap

Paper and pulp companies form the backbone of global packaging and communication, producing essential materials for e-commerce, printing, and hygiene products. They are primarily traded on exchanges like NYSE, Helsinki, and Tokyo Stock Exchange, critical platforms for industrial investments. Despite digitalization pressures, the paper sector, led by integrated producers, offers investors exposure to sustainable packaging growth and bioeconomy innovation.

Forest products exchanges are not just platforms for paper manufacturers; they facilitate capital deployment into the $300B+ global pulp and paper market. The main advantages of investing in paper stocks include:

  • E-commerce linkage: Companies supplying 40% of packaging materials for global online retail, growing 15% annually.
  • Circular economy leadership: Industry-leading 70% recycling rates and certified sustainable forestry practices.
  • Defensive characteristics: Stable demand for tissue and packaging products providing cash flow resilience during downturns.

Industry leader International Paper produces 15 million tonnes annually – including 25% of North American containerboard – from facilities across 18 countries. Together with Suzano (the world’s largest hardwood pulp producer at 11M tonnes), they anchor the sector, with International Paper operating 24 pulp and paper mills globally. Investing in paper stocks provides exposure to companies supplying 400 million tonnes of annual global production.

Leading paper firms are biomaterial innovators. UPM-Kymmene converts 100% of mill residues into biofuels, while Stora Enso produces wood-based alternatives to plastics. Mondi achieves 99% waste recovery across operations. This progress explains why sustainable packaging commands 10-15% market premiums. Beyond traditional paper, the sector includes 5 of the world’s 10 largest pulp producers: Suzano (Brazil), Fibria (Brazil), International Paper (USA), WestRock (USA), and UPM-Kymmene (Finland).

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The following table contains a list of the largest paper and pulp companies by market capitalization, primarily traded on global exchanges (including integrated producers with 5M+ tonne annual capacity). The list includes only publicly traded companies, and the presented data (price, market cap) are regularly updated to reflect the current market situation.

Top pulp and paper stocks
StockPriceChange %Marketcap
$27.621.16%14.57B
$0.18452.12%0.0019T
$46.250.32%24.42B
$9.390.11%11.63B
STEAV.HE
Stora Enso
STEAV.HE
$11.553.36%8.90B
$13.310.80%9.34B
MNDI.L
Mondi
MNDI.L
$13.951.37%0.0615B
VALMT.HE
Valmet
VALMT.HE
$33.080.32%6.09B
HOLM-B.ST
Holmen
HOLM-B.ST
$38.411.23%6.05B
$1.480.17%0.0037T
$95.172.40%1.88B
$0.44340.68%0.0024T
METSA.HE
Metsä Board
METSA.HE
$6.080.00%1.31B
KEMIRA.HE
Kemira
KEMIRA.HE
$22.590.89%3.44B
$3.860.55%2.75B
$9.020.59%2.24B
$43.471.70%1.75B
SAP.JO
Sappi
SAP.JO
$1.350.91%0.0081B
SEM.LS
Semapa
SEM.LS
$21.450.11%1.71B
ALTR.LS
Altri
ALTR.LS
$5.860.40%1.20B
$11.290.18%622.71M
$2.841.39%190.23M
$20.461.45%333.93M
$5.453.72%0.3601B
$2.300.70%0.1639B
RROS.ST
Rottneros
RROS.ST
$0.33180.81%88.59M
KUANTUM.NS
Kuantum Papers
KUANTUM.NS
$1.231.50%0.1078B
ORIENTPPR.NS
Orient Paper Mills
ORIENTPPR.NS
$0.29581.90%0.0628B