In 2023, the packaging paper industry in the UK accounted for approximately 54.872 million hours worked. From 2024 to 2028, the hours worked are forecasted to grow incrementally, with year-on-year increases of about 0.55%, indicating a steady demand in the sector. The compound annual growth rate (CAGR) over this period is approximately 0.53%. The consistent increase reflects stable market growth driven by the rising demand for sustainable packaging solutions.
Future trends to watch for include:
- Continued emphasis on sustainable and eco-friendly packaging solutions.
- Technological advancements and automation affecting workforce needs.
- Potential impact of regulatory changes and trade policies on the industry.
