The turnover in the Pulp and Paper and Paperboard sector in Sweden has shown a general upward trend from 2013 to 2023, with a significant dip in 2020. Starting at 100.45 billion SEK in 2013, it peaked at 131.16 billion SEK in 2021, with noticeable year-on-year growth averaging 1.74% from 2019 to 2023. However, the sector experienced a severe downturn in 2020, with a year-on-year decrease of 16.81%, likely due to economic disruptions caused by the COVID-19 pandemic.
In 2023, the turnover stood at 134.88 billion SEK. The future forecast for the next five years from 2024 to 2028 indicates a modest growth with a five-year CAGR of 1.09%, resulting in a total growth rate of 5.55% by 2028, reaching 144.51 billion SEK.
Future trends to watch for:
- Potential impacts of sustainability practices and regulations on production costs.
- Technological advancements in pulp and paper manufacturing processes.
- Changes in global demand and supply dynamics in response to economic fluctuations.
- Increasing use of digital media and its effect on paper consumption.