Paper prices significantly impact demand, projected to grow 4.2% annually.
The study analyzed the demand for different paper products and found that prices do affect how much people buy. The demand for paper products is not very sensitive to price changes, meaning people still buy them even if prices go up. The demand for each type of paper product reacts differently to price changes. The researchers predict that overall paper demand will increase by 4.2% each year from 1976 to 2000.