The sold production of plastic packing goods in the Netherlands has experienced significant fluctuations from 2013 to 2023. In 2023, the value stood at 1.4562 billion Euros, reflecting a slight year-on-year increase of 1.52% from 2022. Over the last five years, the market saw an average annual contraction (CAGR) of -0.24%, influenced heavily by a sharp decline in 2021 and subsequent recovery in 2022. The forecast from 2024 to 2028 predicts a gradual upward trend with an expected average annual growth rate (CAGR) of 1.12%, culminating in a 5.7% total growth by 2028.
Annual trends demonstrate variability with past peaks in 2015 and significant dips, notably in 2021. The industry appears to be stabilizing, but future trends to watch for include:
- Sustainability initiatives influencing demand for alternative materials
- Regulatory changes impacting production and packaging requirements
- Technological advancements in plastic production driving efficiency
