Between 2013 and 2023, the production of plastic packing goods in Finland exhibited substantial fluctuations, with values oscillating between 38.329 and 79.169 million kilograms. Notably, while the value peaked in 2019, recent years show a stabilization trend with minor year-on-year variations. Specifically, from 2022 to 2023, there was a modest increase of 1.02%.
The Compound Annual Growth Rate (CAGR) over the last five years stood at 2.56%, indicating modest but stable growth. Forecasts suggest a continued slight annual increase, with a projected 5-year CAGR of 0.76% from 2023 to 2028, settling around 78.55 million kilograms by 2028.
Future trends to watch for include:
• Innovations in biodegradable and environmentally friendly packaging materials.
• Regulatory changes that could impact production processes and materials used.
• Advances in recycling technologies and their adoption in manufacturing.
