In 2023, the production value of packaging paper in the Netherlands stood at 2.37 billion Euros. Over the last two years, the industry experienced a year-on-year growth of 3.28% in 2023 and 4.51% in 2022. The average annual variation over the past five years (CAGR) was approximately 1.18%. The industry's most significant recent decline occurred in 2020, with a year-on-year drop of 10.41%. However, the sector subsequently rebounded with a notable 7.28% growth in 2021.
Looking ahead, the forecasted data indicates a gradual increase, with a projected production value reaching 2.49 billion Euros by 2028, reflecting a forecasted 5-year CAGR of 0.79% and an overall growth rate of 4% in that period. Future trends to watch for include the impact of sustainability initiatives, the influence of e-commerce growth on packaging demand, and potential technological advancements in paper production processes.
