Forecast: Sold Production of Plastic Sacks and Bags in the Netherlands

In the Netherlands, the sold production of plastic sacks and bags has shown volatility over the past decade. From 2013 to 2023, the values fluctuate substantially, culminating at 35.581 million Euros in 2023. Notable shifts include a significant drop in 2014 (-18.99%), a robust recovery in 2015 (46.29%), and another notable drop in 2020 (-16.04%). However, more recent years have evidenced a stabilization with a 1.05% year-on-year increase in 2023. From 2019 to 2023, the compound annual growth rate (CAGR) stands at approximately 1.12%.

Looking ahead, the forecast from 2024 to 2028 suggests a steady but moderate growth with a 5-year CAGR of 0.85%, translating to an aggregate increase of 4.32% over this period. Future trends to watch include potential impacts of environmental regulations on plastic use, advancements in biodegradable materials, and shifts in consumer behavior towards sustainable alternatives.

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