In 2023, Germany led the European market for packaging paper turnover, followed by Italy, the United Kingdom, and France. Germany's market grew modestly by 0.6% year-on-year. Meanwhile, Poland exhibited the most robust growth among major players, with a 4.1% increase, indicating a dynamic market environment. Lithuania and Serbia also saw significant gains, at 6.43% and 4.42% respectively, showcasing potential growth areas in Eastern Europe. Negative trends were observed in Sweden, Norway, Denmark, and Bosnia and Herzegovina, suggesting challenges in these markets.
Future trends to watch include:
- Continued growth in emerging markets, particularly in Eastern Europe.
- Potential stabilization or recovery in markets currently facing declines.
- Impact of sustainability initiatives driving demand for innovative and eco-friendly packaging solutions.
- Influence of fluctuating raw material costs and geopolitical factors on turnover.
Top countries in Packaging Paper Turnover by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 16,330 | 2023 | +1.87% | +0.6% | View data |
| 2 | 2 Italy | 8,420 | 2023 | +2.14% | +1.29% | View data |
| 3 | 3 United Kingdom | 7,460 | 2023 | +2.13% | +2.5% | View data |
| 4 | 4 France | 7,450 | 2023 | +1.37% | +1.21% | View data |
| 5 | 5 Spain | 5,900 | 2023 | +1.79% | +1.59% | View data |
| 6 | 6 Poland | 4,990 | 2023 | +4.08% | +4.1% | View data |
| 7 | 7 Netherlands | 2,520 | 2023 | +1.29% | +1.39% | View data |
| 8 | 8 Austria | 2,190 | 2023 | +2.13% | +3.19% | View data |
| 9 | 9 Belgium | 1,380 | 2023 | +0.088% | +2.8% | View data |
| 10 | 10 Sweden | 1,270 | 2023 | -1.69% | -3.99% | View data |
