Cartonboard production in Germany saw significant year-on-year variations over the last decade, with volumes oscillating between 1.55 and 1.83 million metric tons. In 2023, the production volume was 1.61 million metric tons. Over the last two years, the industry experienced a drastic decline of 15.57% in 2022, followed by a slight recovery of 3.96% in 2023. The compound annual growth rate (CAGR) for the period from 2019 to 2023 was -1.87%, indicating an overall contraction.
Future forecasts suggest modest growth, with an expected increase to 1.63 million metric tons by 2028, reflecting a 5-year CAGR of 0.24%. Key trends to watch for include technological advancements in production, shifts towards sustainable packaging, and fluctuation in raw material costs, which could affect long-term growth.
