The turnover for pulp, paper, and paperboard in Poland has shown a general upward trend over the past decade. By 2023, its value stood at 4.04 billion Euros. Between 2013 and 2019, the market experienced fluctuations with a significant peak in 2018. From 2020 onward, turnover regained momentum, climbing steadily. Year-on-year variations highlight periods of robust growth, such as in 2018 (15.49%), contrasted with mild contractions, for example, the decrease in 2019 (-10.42%). The Compound Annual Growth Rate (CAGR) over the last five years (2018-2023) is 1.74%, indicating modest growth.
Going forward, the market is forecasted to continue growing, with a CAGR of 2.41% projected from 2023 to 2028, resulting in a potential turnover of 4.71 billion Euros by 2028. The forecasted five-year growth rate stands at 12.66%.
Future trends to watch for:
- Advances in sustainable and recyclable paper products.
- Impact of digitalization reducing paper use in some sectors.
- Increased demand for packaging materials driven by e-commerce growth.
- Global economic conditions influencing production costs and supply chains.