In general, a downside of mass production is that making new items is more efficient per unit than specialized repair jobs even though the wasted material seems sad.
As a currency nerd, I'm reminded of some things about US paper money.
Replacements for damaged bills are 'star notes', a separate serial number range ending in a star - since 1910 it's been easier to make those ahead of time rather than print new ones with the same serial numbers. Not replacing with something would make the print run a nonstandard size or serial number increment.
If an error on one bill has been discovered after the bills have been cut and wrapped into packs of 100, it's quicker to destroy and replace the whole pack than to find and replace the damaged bill(s) or save the undamaged bills for later use. With the latest $100 bill redesign, there were so many errors (with paper creasing) that it was worthwhile, but it was still a very involved process. The initial printings through much of 2010 and 2011 couldn't be released until 2016 as they were sorted. A new printing was ready for release by late 2013. The first wave was 6% star notes, an abnormally high error rate. The second wave was about 1%, still slightly high. The current wave is about two thirds of a percent, closer to normal.
*except for a few very small runs of high denomination bills decades ago