The forecasted sold production of corrugated paper and paperboard in the UK shows a declining trend from 2024 to 2028, decreasing from 3.6957 billion kilograms in 2024 to 3.5513 billion kilograms in 2028. This indicates a continuous contraction in the market. Compared to 2023, the projected year-on-year decreases reflect a steady decline, with a compound annual growth rate (CAGR) that indicates diminishing output over the five-year span. This suggests a decrease in demand or a shift towards alternatives.
Future trends to watch for include:
- Environmental policies influencing production and recycling practices.
- Technological advancements potentially reducing production needs.
- Market shifts towards digital alternatives affecting demand.
- Economic factors and supply chain pressures impacting the industry.
