The turnover for paper and paper products in Spain has experienced various fluctuations over the past decade, standing at 13.41 billion Euros in 2023. Between 2013 and 2019, turnover demonstrated improvement despite occasional declines, notably in 2014 (-5.81%) and 2016 (-1.96%). However, the 2020 pandemic resulted in a significant drop (-7.13%) followed by a recovery phase. The most recent two-year variation indicates stability, with marginal increases of 0.4% in 2022 and 0.39% in 2023. The five-year CAGR indicates an average annual decline of 0.63%.
The forecast data from 2024 onwards suggests a steady growth trend, with a 5-year CAGR of 0.3% and an overall growth of 1.51% by 2028.
Future trends to watch for include digital transformation impacting paper consumption, sustainability practices, and the increased use of recycled materials, all of which could influence market dynamics and turnover in the coming years.
