TOKYO -- Global demand for paper is falling as business slows, schools close and telework grows amid the novel coronavirus pandemic.
Production of office print paper in developed countries crumpled by 20% to 30% year on year since spring, with some countries showing even steeper declines than during the 2008 financial crisis. The U.S. saw production decline 31.3% in April compared with an 11.6% drop in January-March, according to the Japan Paper Association.
