Packaging paper production value in Germany exhibited a gradual increase from 2013 through 2023, reaching approximately 14.93 billion Euros in 2023. Actual data until 2023 showed fluctuations, notably a significant drop in 2020 followed by recovery, with a notable spike in 2017 and 2018. The year-on-year variation showed growth after 2020, with an increase of 1.63% in 2023. The last 5-year CAGR stood at 0.42%.
Looking ahead, forecasted data predicts continued growth, with the value expected to reach 16.09 billion Euros by 2028. The forecasted 5-year CAGR is projected at 1.19%, corresponding to an anticipated 6.1% growth rate over this period.
Future trends to watch for include advancements in sustainable packaging materials, the impact of digitalization on production efficiencies, and potential regulatory changes influencing packaging standards and recycling mandates. These factors could significantly influence market dynamics and growth trajectories.