The forecasted turnover values (in million euros) for the coming years are as follows:
- 2024: 173.7
- 2025: 173.4
- 2026: 173.2
- 2027: 172.9
- 2028: 172.6
Year-on-Year Variations
The year-on-year percentage variations are:
- 2025: -0.17%
- 2026: -0.12%
- 2027: -0.17%
- 2028: -0.17%
Compound Annual Growth Rate (CAGR)
The 5-year CAGR from 2024 to 2028 is approximately -0.16% per year.
Future Trends to Watch
There is a subtle but consistent declining trend in the paper and paperboard machinery turnover in the UK. Stakeholders should keep an eye on technological advancements, cost-efficiency measures, and evolving market demands to better understand and potentially counteract this decline. Furthermore, sustainability efforts and the shift towards digital media could continue to impact the demand for paper and paperboard machinery.
