The production of packaging paper in Germany has shown fluctuating yet generally increasing trends from 2013 to 2023, with values rising from 10.74 to 13.11 million metric tons. The most notable growth was observed in 2021, with an 8.91% year-on-year increase, while 2022 experienced a 6.05% decline. However, 2023 marked a recovery with a 4.56% increase. The compound annual growth rate (CAGR) over the past five years stands at 2.06%.
Future forecasts predict a steady rise in production, reaching 14.26 million metric tons by 2028 with a forecasted 5-year CAGR of 1.33%. The average growth rate over this period is expected to be 6.85%, indicating consistent albeit modest growth.
Trends to watch for:
- Advances in sustainable and recyclable packaging solutions driven by regulatory and environmental pressures.
- Technological innovations in manufacturing processes aimed at improving efficiency and reducing costs.
- Market disruptions due to potential economic instabilities or shifts in global trade dynamics.