From 2013 to 2023, the turnover in the packaging paper sector in Germany exhibited substantial growth, rising from 12.53 billion Euros to 16.33 billion Euros in 2023. Despite some fluctuations, such as a significant drop in 2020, the sector showed resilience, recovering by 2021. Notably, the sector experienced its highest year-on-year growth in 2018 with a remarkable 16.45% increase. The compound annual growth rate (CAGR) over the last five years averaged 0.6%.
Looking ahead, forecasted data from 2024 to 2028 shows a consistent uptrend, with the turnover expected to reach 17.79 billion Euros by 2028. The forecasted five-year CAGR stands at 1.36%, suggesting steady, albeit moderate growth. Key trends to monitor include advancements in sustainable packaging solutions, regulatory changes related to environmental standards, and innovations in production efficiency which could influence future performance.