The production of corrugated paper and paperboard in Belgium reached 1,057.6 million kilograms in 2023. Over the past couple of years, the year-on-year variation has been relatively stable, with an increase of 1.59% in 2022 and 1.58% in 2023. The Compound Annual Growth Rate (CAGR) over the last five years stood at a modest 0.9%. Moving forward, forecasts predict continued growth, with production expected to reach 1,137.6 million kilograms by 2028, representing a forecasted 5-year CAGR of 1.16%.
Future trends to watch for:
• Increasing demand for sustainable packaging solutions is likely to drive growth.
• Technological advancements in recycling and production efficiency may impact production volumes.
• Market shifts due to changes in consumer behavior and e-commerce trends could affect demand patterns.
• Regulatory changes related to environmental sustainability may influence production processes and costs.
