The paper stationery turnover in Belgium experienced a significant decline from 2013 to 2023, with the value falling from €154.1 million to €26.5 million. The year-on-year variations reveal substantial fluctuations, notably a major drop of 61.06% in 2015 and a marked decrease of 26.67% in 2021. The Compound Annual Growth Rate (CAGR) over the last five years (2019-2023) was -12.34%, indicating a persistent downward trend.
Future projections continue this downward trajectory, with forecast values showing a CAGR of -6.32% from 2023 to 2028. Key trends to watch for include potential stabilization or further declines driven by digitalization and changing consumer behaviors, as well as opportunities for innovation within the sector.
