The packaging paper sector in Denmark experienced fluctuations between 2013 and 2023. The sector saw a steady increase until 2018 but faced a significant decline in 2019, followed by a gradual recovery. As of 2023, the turnover stands at 4.98 billion DKK, indicating a slight year-on-year increase of 0.17%. Over the past five years, the sector had an average contraction with a CAGR of -2.19%. Future projections indicate a very modest growth, with a forecasted CAGR of 0.12% and overall growth of 0.63% by 2028.
Future trends to watch for:
- Adoption of sustainable and eco-friendly packaging solutions.
- Technological advancements in packaging materials and processes.
- Impact of regulatory changes and environmental policies.
- Shifts in consumer preferences towards recyclable and biodegradable packaging.
