U.S. paper companies and International Paper
Both the United States and China are the largest consumers of paper in the world, but they are also the largest paper manufacturers. Although the domestic demand for paper in the United States has fallen, paper exports have remained consistent. North America also has the highest per capita consumption of paper in the world. Despite the demand decrease for paper, International Paper, the world’s largest pulp and paper company, had an increase in net sales worldwide from 2017 to 2018. Headquartered in Memphis, Tennessee, their North America region had the highest net sales out of their operating regions throughout the world that year. Not only was International Paper the largest paper company in the world that year based on revenue and sales, they also had the largest number of employees of any forestry and paper company worldwide. Founded 121 years ago in Corinth, New York, International Paper continues to dominate the pulp and paper industry.