From 2013 to 2023, the turnover of paper and paper products in France was observed to fluctuate, with notable peaks and troughs. The turnover in 2023 stood at €18.91 billion, nearly unchanged from the previous year, reflecting a minor year-on-year decline of 0.32%. The sector experienced several periods of growth and contraction with an average annual decline (CAGR) of 1.38% over the last five years. The peak in 2017 was marked by a significant increase of 15.95% year-on-year.
Looking forward, the forecast for the turnover of paper and paper products from 2024 to 2028 shows a gradual decline. By 2028, it is projected to reach €18.63 billion, with a forecasted five-year CAGR of -0.24%. The industry faces a forecasted five-year growth rate of -1.21%, indicating a steady downward trend in turnover.
Future trends to watch for include:
- Advancements in digital solutions and their impact on paper consumption.
- Sustainability initiatives affecting production and packaging.
- Evolving market demands for eco-friendly paper products.
