The market for paper or paperboard guillotines in Portugal experienced variability over the past decade. In 2023, the market stood at 793.9 thousand euros. From 2013 to 2019, the market saw fluctuations, with significant positive growth in 2015 and 2016 driven by double-digit year-on-year increases. However, the market contracted during 2019 and 2020 before exhibiting moderate recovery from 2021 to 2023, with slight year-on-year increases. The latest five-year compounded annual growth rate illustrates a mild decline.
Future trends to watch for include technological advancements in machinery, which could lead to increased efficiency and integration with digital processing, potentially driving market growth in Portugal.
