The turnover in Germany's pulp and paperboard sector showed mixed trends over the past decade. The sector saw increases from 2013 to 2017, peaking at €18.31 billion. However, from 2018 to 2020, it experienced a decline, bottoming at €15.17 billion in 2020. The last two years saw slight recoveries with year-on-year variations of 0.27% in 2022 and 0.26% in 2023, stabilizing at €16.54 billion in 2023. Looking forward, the forecast indicates a stable but modest growth with a CAGR of 0.2% over the next five years, reaching €16.75 billion by 2028.
Future trends to watch for:
- Increased automation and digitalization within the industry.
- Sustainability initiatives addressing environmental concerns.
- Fluctuations in raw material prices and supply chain disruptions.
- Evolving consumer preferences impacting demand for paper products.
- Regulatory changes regarding recycling and waste management.
