The turnover in the packaging paper sector in France has experienced varied trends over the past decade. In 2023, it stood at 7.49 billion euros, indicating a modest increase of 1.45% year-on-year from 2022. Over the last two years (2022 and 2023), the sector has grown by an average of 1.47% annually. Looking at the longer-term trend, from 2019 to 2023, the CAGR shows a modest growth rate of 1.33% per year. The sector witnessed significant growth in 2017 with an 18.81% increase, followed by fluctuations, including downturns in 2018 and 2020.
Looking to the future, from 2024 to 2028, the forecasted five-year CAGR is 1.07%, reflecting a stable yet moderate growth trajectory. By 2028, the sector's turnover is expected to reach 8.02 billion euros, representing a total growth of 5.49% over five years.
Future trends to watch for include advancements in sustainable packaging solutions, increased demand for eco-friendly materials, and innovations in recycling technologies, which are likely to drive growth and transformation within the sector.
