The packaging paper sector in the Netherlands has seen considerable fluctuations over the past decade. From 2013 to 2023, production values, expressed in Billion Euros, have shown an overall increasing trend despite several year-on-year variations. Notably, there was a significant drop in 2020 by 10.41%, followed by steady recoveries. Production reached 2.37 Billion Euros in 2023, a 3.29% increase from 2022. Over the past five years, the sector's annual growth rate has averaged 1.18%.
Looking forward, the forecast for the next five years indicates moderate growth, with a forecasted 5-year CAGR of 0.8% and an overall growth rate of 4.06% by 2028.
Future trends to watch for in the sector include:
- Increased demand for sustainable and recyclable packaging materials as environmental concerns rise.
- Advanced production technologies enhancing efficiency and reducing costs.
- Potential disruptions or boosts from regulatory changes and global supply chain dynamics.