Forecast: Machine-made Paper and Paperboard Production in China

The production of machine-made paper and paperboard in China has shown a steady growth trend over the years. As of 2023, production reached 14.53-ten million metric tons, a noticeable increase compared to 2022. The year-on-year variation for 2023 was 3.37%, reflecting consistent growth. The compound annual growth rate (CAGR) over the last five years up to 2023 stands at 3.82%, highlighting a sustained upward trajectory.

Future projections indicate that production will continue to rise, reaching 16.83-ten million metric tons by 2028, with a forecasted CAGR of 2.33% for the next five years. The long-term 12.2% growth rate further underscores the positive outlook for the industry.

Future trends to watch for include:

• Adoption of sustainable and eco-friendly production processes driven by regulatory and environmental pressures.
• Technological advancements in production machinery enhancing efficiency and output.
• Shifts in global market dynamics and supply chain logistics affecting production and export strategies.
• Increasing domestic demand for paper and paperboard products driven by e-commerce and packaging needs.